Italian Speaking Regional Treasury Services Center Analyst

at  Sanofi

Italian Speaking Regional Treasury Services Center Analyst
Following the announcement in December 2019 of the creation of a standalone Global Business Unit, Sanofi’s Consumer Healthcare (“CHC”) has grown into a leading consumer healthcare platform with a presence in 150 countries and over 11,000 employees, dedicated resources in R&D, manufacturing, information technology as well as its distinct sustainability roadmap.
Sanofi announced its intention to separate the CHC Business as it increases its focus on innovative medicines and vaccines. The intended separation will seek to create two entities, each better equipped to pursue its own business strategy, resourcing and capital allocation and enabling each to focus on long-term growth in its respective markets. Sanofi believes that the separation will unlock further opportunities for CHC to leverage its portfolio of leading brands and continue to drive growth and shareholder value.
Subject to market conditions, the separation could be achieved at the earliest in Q4 2024.
In that context, Sanofi is looking for an Italian Speaking Regional Treasury Services Center Analyst for Europe & EMEA. He/she will report to the CHC Head of Regional Treasury Services Center.

The Regional Treasury Services Center Analyst position reports to the Head of Regional Treasury Services Center and is responsible for the following main activities.

• Daily operational treasury management
• Reconciliation of bank flows with forecasts and balancing of bank accounts
• Centralized countries: prepare daily cash position and rolling liquidity forecast in order to ensure Financing of shortages or placing of surpluses with the CHC holding
• Non centralized countries: prepare daily cash position and rolling liquidity forecast to deposit surplus or withdraw credit facilities
• Launch and control of current account interest scales for billing
• Execution of Treasury related payment activities, including wire transfers, electronic funds transfers, intercompany loan/deposits settlements, and other treasury transactions
• Cash flow and working capital optimization
• Responsible for actual and forecast cash flow (internal and external) reporting and analysis
• Working Capital analysis including:
• Cash Conversion Cycle KPI’s, focused on DSO (Budget, Actuals, Forecast), as well as DPO and DIO
• Customer overdue
• Management of foreign currency exposure: follow up the FX gains & loss
• Banking relationship
• Management of bank accounts (opening/closing, overdrafts) and banking powers
• Point of contact with local banks in respect of treasury operational issues ensuring quality of service
• Maintain local banking and payment systems in accordance with Group policy
• Control bank fees
• Compliance and internal control
• Maintain the documentation for Treasury business processes, review and update and ensure compliance with internal control requirements;
• Relation with external auditors by providing requested items and thoroughly responding to questions in support of the financial statement audit;
• Projects
• Participate in projects to improve Treasury processes, technologies that facilitate operational efficiencies and Treasury performance;
• Liaise with IT function with regards system issues and process improvements;
• Miscellaneous
• Maintain local intercompany loan schedule
• Supports Pensions activities if applicable
• Credit risk management: support Head of regional treasury services center in assessing the credit risk profile of the most significant customers as per Group policy