CHC Treasury Back Office Analyst - all genders

CHC Treasury Back Office Analyst

• Hiring Manager: Head of Global Treasury Operations
• Location: Budapest, HUNGARY
• Few travel expected
• Job type: permanent, full time

Context

The creation of a standalone Global Business Unit, Sanofi’s Consumer Healthcare (“CHC”) has now 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 recently 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.

In that context, Sanofi is looking for a CHC Treasury Back Office Analystfor its CHC Global Treasury. He/she will report to the CHC Head of Global Treasury Operations.

About the job:

CHC Global Treasury is mainly responsible for the financing, cash and risk management as well as insurance of CHC affiliates.

CHC Global Treasury Operations (CHC GTO) is part of CHC GT and oversees the following activities:

• Liquidity Management
• Market Compliance and Control and Operational Excellence
• Subsidiary Financing
• Working Capital Optimization
• Credit Risk Management

Your main responsibilities

The CHC Treasury Back Office Analyst belongs to the CHC GTO team and is responsible for transactional activities including but not limited to:

• Daily control of the exhaustiveness, accuracy and conformity of the Treasury transactions initiated by Capital Markets/Front Office team (MMF, short term deposits, certificates of deposit, repo’s, bonds, Euro & US commercial papers, FX spots, forwards, swaps on about 40 currencies, interest, and cross currency swaps, NDF’s, potentially options, …) as well as of the treasury transactions with Internal Counterparts by ensuring:
  • Reciprocity with counterparts (in line with different contracts ISDA, authorizations, …).
  • Internal validations and adherence to SOX control framework, Sanofi policies and guidelines

• Daily management and monitoring of financial instruments related settlements according to banks standing settlement instructions and cut-off times as well as monthly closing timelines
• Effective follow-up of litigations with banking partners
• Daily reporting and control of the counterparty / financial instruments exposures and monitoring of such exposures vs. defined limits
• KPI reporting/Dashboards over performance of Back Office activities.
• Set-up and maintenance of treasury counterparts within treasury management system; including set-up of standing settlements instructions to ensure correct recording and settlement of financial transactions
• Development and maintenance of treasury policies, processes, procedures, systems, and control environment in line with best practice

In addition, the CHC Treasury Back Office Analyst will contribute to the following activities:

• Back Office internal / external audit processes
• Back Office business continuity plan elaboration and rehearsals
• Ongoing monitoring (with the support of Sanofi Legal team) & implementation of regulations on financial instruments changes impacting Back Office activities and especially concerning confirmation, lifecycle & reporting.

He/she is also expected to act as Key User and especially:

• Identify and escalate pain points that may be subject to process improvement and share best practices
• Identify gaps vs. existing practices, regulatory constraints, and local process dependencies
• Ensure continued focus on process improvement, increased automation of activities and the elimination of non-value-added activities
• Support process exception arbitration when needed and propose process workaround
• Review process design when applicable
• Update internal control framework
• Support and Sign-off on new process testing’s (UAT)
• Participate to the change management plan
• Contribute to Systems upgrades as required

About you

• Education
  • Bachelor’s degree – preferably Master’s degree – in business administration, finance, accounting or economics
  • Comprehensive knowledge of treasury, debt capital markets, financial instruments, and structures

• Experience
  • Treasury knowledge, based on at least 2 years of relevant Treasury / In-House Bank / Cash Management experience within Bank / Corporate Treasury; Treasury accounting
  • Experience in an international working environment
  • Experience with Sarbanes-Oxley if possible
  • Experience with Treasury Management Systems

• Skills
  • Analytical skills, financial acumen, accuracy and attention to details
  • Team player, proactive and solution oriented
  • Ability to work under time pressure
  • Strong capabilities in MS Excel
  • Knowledge of Treasury Management Systems, S/4HANA Treasury System knowledge is a plus
  • Treasury accounting knowledge (IFRS)
• Languages: fluent written and spoken English

At Sanofi Consumer Healthcare, we have one overarching mission - to work passionately, challenging ourselves and our industry every day, to drive what we believe is the next health revolution: evolving from simply serving consumers, to helping people help themselves - bringing “Health in Your Hands”.

We are building trusted & loved brands that connect with hundreds of millions of consumers worldwide, enabling better self-care for individuals and communities, while also contributing to a healthier planet. To fulfill this mission, we are embarking our consumers, our customers, healthcare professionals, and our employees in this journey because this is what will make us become the “Best Fast-Moving Consumer Healthcare (FMCH) Company In & For the World”.

Consumers at the heart of everything we do and we want to make a difference where it counts, driving leadership in the categories we play in: Allergy, Digestive Wellness, Pain, Physical & Mental Wellness, and Cough, Cold & Flu.

To achieve this, we need strong talent who will help us shape the future of our Consumer Healthcare business and challenge our industry. We aspire to create a work environment where people can thrive, grow, and be at their best every day. We believe in operating with integrity and prioritizing the health and well-being of people and communities where we operate, working towards making a positive impact in the world.

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.

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