Head of Global Treasury Accounting

Job title: Head of Global Treasury Accounting

Location: Hyderabad

About the job

A2R is Hub and Spoke model, setting up its center in Hyderabad, the activities related to Global Accounting for Treasury will be based in Hyderabad and this position will be responsible for the activities in a Global Level.

The purpose of this role is to perform the below activities on a Global Level:

• Deliver treasury accounting services

• Clear transitory accounts

• Supervise bank reconciliations and related adjustments

• Supervise booking of transactions relating to financial instruments, debts and loans

• Supervise calculation of Forex net positions

• Address operational issues and follow through to resolution in an effective and timely manner

• Monitor operational KPIs and compliance with Sanofi policies and guidelines

• Supervise the team of treasury accounting analysts

• Drive continuous improvement

The Treasury Accounting Lead reports to Head of Account to Report Hyderabad Hub and works closely with Finance (Controlling, Treasury, Tax, Internal Control...), other departments within Global Finance Services.

Main responsibilities:

Operation

• Deliver treasury accounting services at a Global Level

  • Reconcile A2R GL transit accounts, book manual postings to clear them

  • Supervise bank reconciliations and related adjustments

  • Supervise booking of transactions relating to financial instruments, debts and loans

  • Supervise calculation of Forex net positions

  • Manage month end closure relating to treasury accounting and prepare related reporting

• Contribute to business reviews

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

• Monitor operational KPIs to pro-actively manage execution issues

• Supervise and coach treasury accounting analysts

  • Provide expertise and coaching

  • Anticipate workload and allocate resources for effective and efficient delivery

  • Active participation in the selection of new employees.

  • Evaluate employee performance, determine training needs, develop talent

  • Address performance issues and make recommendations for personnel actions

  • Shape and promote a culture of collaboration, trust, and teamwork, throughout the team through leadership and effective communication

  • Focusing on employee retention and engagement, advises actions to management in this relation

  • Motivate and reward employees by recommending salary increases, bonuses and promotions

  • Makes, updates the job description of direct subordinates. Provide the necessary information for HR.

  • Build, document and transfer A2R Core Model process knowledge relating to treasury accounting services

Continuous improvement

• Identify process improvement opportunities through elimination of redundant activities

• Participate in process automation initiatives and ensure seamless adoption and transition

Trainings

• Determine the training needs of direct subordinates, provide the professional trainings of them according to the procedures and work instructions.

• Keep updating his/her professional knowledge, participate on trainings, study professional publications, make personal contact, set up benchmark goals, participate in professional community

About you

Experience:

• Expertise in bank reconciliation processes and activities, understanding of accounting of financial instruments and transactions (essential)

• Sound proven hands on experience in GL accounting preferably in an international multicultural environment (essential)

• Experience in running accounting services within a Business Services organization (advantageous)

• Hands-on experience of SAP FICO, bank reconciliation tools (essential) and other accounting related IT tools (e.g. Trintech Cadency) (advantageous)

Soft and technical skills:

• Knowledge of IFRS and local GAAPs (essential)

• Strong understanding of the end-to-end Account to Report (A2R) processes (essential)

• Knowledge of GL accounting and reporting (essential)

• Good business acumen (advantageous)

• Strong problem solving, deductive and analytical skills (advantageous

• Knowledge of Microsoft Office and expertise of MS Excel (essential)

• Ability to interact with internal and external clients in a professional manner (essential)

• Team player, able to work collaboratively transversally and with A2R front line teams with an end to end mindset (essential)

• Good communication skills (advantageous)

• Attentive to customer needs and feedback (advantageous)

• Ability to work independently and take ownership of tasks and processes (essential)

• Ability to organize, prioritize and structure the tasks for oneself and direct reports (essential)

• Attentive to detail and works with precision (advantageous)

• Action oriented, delivery driven, change agent (advantageous)

• Lead by example to deliver high quality service, customer satisfaction (advantageous)

• Team supervision in a Business Services environment (advantageous)

Education:

• Graduate degree in accounting or finance (essential)

Languages:

• Fluent in English (essential)

• Knowledge of other European languages (advantageous)

Why choose us?

Our Hubs are a crucial part of how we innovate, improving performance across every Sanofi department and providing a springboard for the amazing work we do. Build a career and you can be part of transforming our business while helping to change millions of lives.

Pursue Progress. Discover Extraordinary.

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. You can be one of those people. Chasing change, embracing new ideas and exploring all the opportunities we have to offer. Let’s pursue progress. And let’s discover extraordinary together.

At Sanofi, we provide equal opportunities to all regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.
 

Watch our ALL IN video and check out our Diversity Equity and Inclusion actions at sanofi.com!

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!