Cash Application, Receivables & Revenue Management Analyst
Synthorx
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.
Our international presence, our ambition to become a global reference player for all order to cash related processes mean that our team works on a variety of projects with opportunities for a rich mix of work. This leads to a challenging and stimulating professional experience full of growth and learning.
We offer a diverse and dynamic environment that’s growing at pace. Over the past two years, Sanofi Business Operations (SBO) has doubled in size and increased its scope.
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
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
Participate in continuous improvement initiatives
Secure invoice booking & revenue recognition, perform AR monthly closing and reporting services to the in-scope activities 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
Meet operational KPIs and compliance with Sanofi policies and guidelines
Contribute to Credit Committee and/or O2C Governance
About You
Minimum Qualifications: Bachelor’s Degree/Post Graduate Diploma/Professional Degree in Accounting/Finance/Business or equivalent
1+ 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
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 Australia time zone
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, ability or gender identity.
Watch our ALL IN video and check out our Diversity Equity and Inclusion actions at sanofi.com!