Cash Application, Receivables & Revenue Management Senior Analyst

Job description

**_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 payments
+ Perform clearing of AR, analyse discrepancies, execute securitization program and factoring
+ 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
+ Secure 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 Agreements
+ Monitor SD/FI interface and ensure invoices are booked correctly
+ Generate & book non-Trade invoices
+ Ensure revenue recognition (Trade & non-Trade) and related accounting accruals
+ Analyse AR ageing reports, recommend bad debts reserves and post entries
+ Participate in month end closure activities: reconcile AR postings with GL, analyse & resolve discrepancies, post adjustment entries
+ Prepare month end and ad-hoc reports for revenue and AR analysis
+ Contribute to periodic reviews and definition of revenue recognition accounting scheme
+ Contribute to Credit Committee and/or O2C Governance
+ The Cash Application and Receivables team works closely with Customer Service, Finance, Treasury, Account to Report, Trade or Global Business Unit and other front line teams

**_About You_**

+ Minimum Qualifications: Bachelor’s Degree/Post Graduate Diploma/Professional Degree in Accounting/Finance/Business or equivalent
+ 2+ 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 environment
+ Working experience with SAP, specifically FICO is preferred, SAP Application Interface framework modules
+ Able to give advice or guide junior colleagues when needed
+ Team player, able to work collaboratively transversally and with front line teams with an end-to-end mindset
+ Ability to interact with internal stakeholders in issue resolution
+ Knowledge 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 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, disability, or gender identity.

**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) !

Global Terms & Conditions and Data Privacy Statement (https://www.sanofi.com/en/careers/global-terms-and-conditions/)

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.

All in for Diversity, Equity and Inclusion at Sanofi - YouTube (http://www.youtube.com/watch?v=SkpDBZ-CJKw&t=2s)

Required Skill Profession

Other General