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Correlation Ventures

GBS Intercompany Team Lead



Budapest, Hungary
Posted on Monday, November 20, 2023

This position will play a key role ensuring for CHC A2R ICO process is running both local and GBS level.

The purpose of this role is to supervise and execute:

  • Monthly closing and reporting activities as per group timetable
  • ICO accounting services
  • Address operational issues and follow through to resolution in an effective and timely manner
  • Have a deep understanding of GBS Core Model processes and SAP (iShift) functionalities
  • Technical accounting - functional and technical support across A2R processes and systems and drive operational and continuous improvement projects
  • Developing the procedures for compliance and internal controls
  • Recognizes and communicates potential risks/issues
  • Interfaces with different teams to ensure compliance with cross-team accountabilities
  • Providing guidance and support to the team members in high-complexity issues
  • Support management, legal and statutory reporting at Group and country levels
  • Address operational issues and follow through to resolution in an effective and timely manner
  • Perform operational KPIs and compliance with CHC policies and guidelines
  • Supervise ICO accountants and manage the team according to GBS TOM structure
  • Drive continuous improvement

GBS ICO Team Lead reports to A2R Head of Asset, Inventory, Cash & ICO Accounting in Captive Center and works closely with A2R Closing and Reporting team, CHC Country Senior Accounting Partner, Finance (Finance Performance, Business analysis & controlling, Treasury, Tax, Internal Control), IFSA, Supply Chain, MARCO team, other GBS (SBS) departments.

GBS ICO Team Lead will review and monitor technical process implementation, controls and compliance in all topics in respective area of accounting. He/she will be work together with ITS to implement new or existing tools in CHC LE and to ensure that they operationally ready at CHLOE Day.

GBS ICO Team Lead will be involved on GBS processes improvements, further standardization and will supervise and contribute to related projects.

Key requirement for GBS ICO Team Lead:

Deliver GL accounting, closing and reporting services in respective area of accounting to CHC GBS within perimeter

  • Perform closing procedures on time according to closing calendar
  • Define and drive accounting, process and systems changes operationally and facilitate A2R service delivery
  • Ensure all automatic postings have been booked, all recurring and non-recurring items in area of responsibility are collected, accounts reconciled and Manual Journal Entries (MJE) booked
  • Prepare ad-hoc reports and analysis
  • Support closing and reporting team with other closing activities at closing peaks
  • Support internal and external audits
  • ICO accounting services
    • Coordinate the monthly closing activities and monitoring the service invicing from TIMI system
    • Contribute to month end closure relating to TIMI invoicing and TWIN reporting tool and supervise related reporting
    • Perform the accounting and month-end reporting of intercompany accounts, including support of MARCO activities
  • A2R Master Data Management
    • Manage A2R Master Data related to Intercompany transactions

Ensure compliance of processes, transactions and reports with CHC/Corporate accounting policies, internal control guidelines and audit / SOX requirements

  • Execute operational KPIs and pro-actively alert execution issues
  • Supervise and coach the team of captive junior accountants
  • Provide expertise and coaching
  • Contribute to resource allocation for effective and efficient delivery
  • Demonstrate values of CHC business and culture of internal client
  • Contribute to A2R Core Model process knowledge (Level 6/7) relating to GL monthly closing, reporting and tax services

Contribute to development of Process vision, strategy and objectives defined globally

  • Gather and apply best practice to process
  • Support benchmarking activities
  • Contribute to implementation of policies and procedures governing processes
  • Provide process expertise to relevant stakeholders as required and when needed
  • Contribute to review ITS tool and make proposal to improve, reduce # tools when needed
  • Improve user experience to perform their job more efficiently

Communicates with captive management.

Ensure Compliance and Internal Control/ SOX standards are met.

Expected Skills

  • Degree in Accounting / Finance / Economics or equivalent
  • 5+ year experience in closing and reporting preferably in an international multicultural environment
  • People management
  • Good knowledge of IFRS and local GAAPs
  • Hands on expertise in GL accounting, closing & reporting processes and activities
  • Strong deductive and analytical skills
  • Hands on knowledge of SAP ERP and other accounting applications
  • Knowledge of Microsoft Office and expertise of MS Excel
  • Ability to interact with internal and external clients in a professional manner
  • Team player, able to work collaboratively transversally and with A2R front line teams with an end to end mindset
  • Attentive to customer needs and feedback
  • Ability to organize, prioritize and structure the tasks for oneself and direct reports
  • Attentive to detail and works with precision
  • Action oriented, delivery driven, change agent
  • Role model / coach to junior accountants
  • Transversal mindset and ability to work across processes, geographies, languages, cultures, business maturity levels
  • Fluency in English mandatory and other European languages are desirable

At Sanofi diversity and inclusion is foundational to how we operate and embedded in our Core Values. We recognize to truly tap into the richness diversity brings we must lead with inclusion and have a workplace where those differences can thrive and be leveraged to empower the lives of our colleagues, patients and customers. We respect and celebrate the diversity of our people, their backgrounds and experiences and provide equal opportunity for all.