Cash Application Analyst
Sanofi Group
MAIN PURPOSE OF THE JOB
Sanofi Business Services (SBS), one of the 5 pillars of Sanofi’s Business Services organization, is setting up a new captive Business Services centre in Bogota to provide Account-to-Report, integrated Order-to-Cash as well as HR services.
With respect to integrated Order-to-Cash (iO2C) the Business Services centre will be covering the following areas of the process:
+ Customer Master Data, Pricing & Commercial conditions
+ Order Management
+ Credit Management
+ Collections & Account Receivables management
+ Cash Application
+ Claims & Disputes Management
+ AR Monthly closing and Reporting
The purpose of this role is to:
+ Deliver cash application and receivables management services to SBS North America as per their respective Service Level Agreements (SLAs)
+ Manage incoming payments
+ Perform clearing of AR, analyse discrepancies, execute securitization program and factoring
+ Review AR ageing reports, perform collection & dunning, escalate & follow-up actions
+ Address operational issues and follow through to resolution in an effective and timely manner
+ Deliver operational KPIs and comply with Sanofi policies and guidelines
+ Participate in continuous improvement initiatives
The Analyst, Cash Application reports to Cash Application Team Lead and works closely with Customer Service, Finance, Treasury, Account to Report, Trade or Global Business Unit and Ci2C front line teams in countries / regions.
KEY ACCOUNTABILITIES
**Operation**
+ Deliver cash application receivables and management services to SBS North America for Sanofi entities within SBS perimeter as per their respective Service Level Agreements
+ Manage incoming payments
+ Perform clearing of Accounts Receivables (AR), analyse discrepancies related to unapplied / misapplied receipts or deductions and propose resolution
+ Contribute to business
+ Execute in compliance with Sanofi policies and guidelines
+ Complete all activities as per the global Core Model and operational KPIs
+ Develop expert level knowledge of the activities in scope as well as local knowledge of entities in scope and become a super-user
+ Pro-actively anticipate operational issues and coach junior analysts
+ Build, document and transfer EE Core Model process knowledge (Level 6/7) relating to receivables management and cash application
**Continous improvement**
+ Identify process improvement opportunities through elimination of redundant activities
+ Participate in process automation initiatives and ensure seamless adoption and transition
**Functional**
+ Broad understanding of Customer Invoice to Cash / Accounts Receivable process and activities (advantageous)
+ Good business acumen (advantageous)
+ Strong problem solving, deductive and analytical skills (advantageous)
**Technical**
+ Computer literate and familiar with accounting applications, as e.g. SAP FI (advantageous)
+ Knowledge of Microsoft Office and expertise of MS Excel (essential)
**Interpersonal**
+ Ability to interact with internal and external clients in a professional manner (essential)
+ Team player, able to work collaboratively transversally and with Ci2C front line teams with an end to end mindset (essential)
+ Good communication skills (advantageous)
+ Attentive to customer needs and feedback (advantageous)
**Leadership**
+ Organized and structured to execute tasks as per deadlines (essential)
+ Attentive to detail and works with precision (advantageous)
+ Action oriented, delivery driven, change agent (advantageous)
+ Role model / coach to junior analysts (advantageous)
**Background and Experience**
+ Graduate degree in accounting or finance (essential)
+ First hands on experience in an accounting & accounts receivable role (advantageous)
+ Advance in English (essential)
+ Fluent in French (highly desirable)
+ Knowledge of other European languages (advantageous)
\#LI-Hybrid
**Pursue** **_progress_** **, discover** **_extraordinary_**
Better 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 (https://www.youtube.com/watch?v=SkpDBZ-CJKw&t=67s) and check out our Diversity Equity and Inclusion actions at sanofi.com (https://www.sanofi.com/en/our-responsibility/equality-and-inclusiveness) !
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Sanofi is dedicated to supporting people through their health challenges. We are a global biopharmaceutical company focused on human health. We prevent illness with vaccines, provide innovative treatments to fight pain and ease suffering. We stand by the few who suffer from rare diseases and the millions with long-term chronic conditions.
With more than 100,000 people in 100 countries, Sanofi is transforming scientific innovation into healthcare solutions around the globe. Discover more about us visiting www.sanofi.com or via our movie We are Sanofi (https://youtu.be/96EwNjb1TLo)
As an organization, we change the practice of medicine; reinvent the way we work; and enable people to be their best versions in career and life. We are constantly moving and growing, making sure our people grow with us. Our working environment helps us build a dynamic and inclusive workplace operating on trust and respect and allows employees to live the life they want to live.
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