About the Job
Sanofi is a global life sciences company committed to improving access to healthcare and supporting the people we serve throughout the continuum of care. From prevention to treatment, Sanofi transforms scientific innovation into healthcare solutions, in human vaccines, rare diseases, multiple sclerosis, oncology, immunology, infectious diseases, diabetes and cardiovascular solutions.
Our Order to Cash (O2C) team aims for excellence, equipping Sanofi with a robust core model, seconded with best of breed digital solutions embedding artificial intelligence and machine learning functionalities. Some of the activities that we are handling are inclusive but not limited to Master Data Management, Sales Orders Management, Requests and Disputes Management, Credit Risk and Credit Data Management, Cash Application and Receivables Management, and others where these operations are critical for customers & patients products fulfilment, accurate accounting, generating cash flow, as well as customer satisfaction.
Main Responsibilities
Deliver cash application and receivables management services as per their respective Service Level Agreements (SLAs)Manage incoming paymentsPerform clearing of AR, analyse discrepancies, execute securitization program and factoringAddress operational issues and follow through to resolution in an effective and timely mannerDeliver operational KPIs and comply with Sanofi policies and guidelinesParticipate in continuous improvement initiativesSecure invoice booking & revenue recognition, perform AR monthly closing and reporting services to the in-scope activities (for any transitioning activity) within SBO perimeter as per their respective Service Level AgreementsMonitor SD/FI interface and ensure invoices are booked correctly Generate & book non-Trade invoicesEnsure revenue recognition (Trade & non-Trade) and related accounting accrualsAnalyse AR ageing reports, recommend bad debts reserves and post entriesParticipate in month end closure activities: reconcile AR postings with GL, analyse & resolve discrepancies, post adjustment entriesPrepare month end and ad-hoc reports for revenue and AR analysis Contribute to periodic reviews and definition of revenue recognition accounting schemeContribute to Credit Committee and/or O2C GovernanceThe Cash Application and Receivables team works closely with Customer Service, Finance, Treasury, Account to Report, Trade or Global Business Unit and other front line teamsAbout You
Minimum Qualifications: Bachelor’s Degree/Post Graduate Diploma/Professional Degree in Accounting/Finance/Business or equivalent2+ years of relevant working experience in the Finance/Accounting sector or previous working experience in a shared services environment is an added advantage especially in a pharmaceutical environmentWorking experience with SAP, specifically FICO is preferred, SAP Application Interface framework modulesAble to give advice or guide junior colleagues when neededTeam player, able to work collaboratively transversally and with front line teams with an end-to-end mindsetAbility to interact with internal stakeholders in issue resolutionKnowledge of Microsoft Office and expertise of MS Excel
Why Choose Us?
Bring the miracles of science to life alongside a supportive, future-focused team.Discover endless opportunities to grow your talent and drive your career, whether it’s through a promotion or lateral move, at home or internationally.Collaborate in a dynamic, fast-paced environment focused on continuous learning and professional development.Drive process improvement and innovation in partnership with a motivated and supportive team.Pursue progress, discover extraordinaryBetter is out there. Better medications, better outcomes, better science. But progress doesn’t happen without people – people from different backgrounds, in different locations, doing different roles, all united by one thing: a desire to make miracles happen. So, let’s be those people.
At Sanofi, we provide equal opportunities to all regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, ability or gender identity.
Watch our ALL IN video and check out our Diversity Equity and Inclusion actions at sanofi.com!