Treasury Analyst - Regional Treasury Team Europe
1. Location: Brussels, Belgium
2. Job type: Permanent – full time
3. Remote working in accordance with the conditions defined in the local telework agreement
4. Few travels expected
About the job
Under the supervision of the Treasury Area Lead of Regional Treasury Team the Treasury Analyst will be responsible for performing and controlling the Treasury operations of the (Regional Treasury Team (RTT) for all the Sanofi legal entities within a given geographical area embedding several countries or MCOs.
About Sanofi
We’re an R&D-driven, AI-powered biopharma company committed to improving people’s lives and delivering compelling growth. Our deep understanding of the immune system – and innovative pipeline – enables us to invent medicines and vaccines that treat and protect millions of people around the world. Together, we chase the miracles of science to improve people’s lives.
Main responsibilities:
Daily operational treasury management
5. Reconciliation of bank flows with forecasts and balancing of bank accounts
6. Centralized countries: prepare daily cash position and rolling liquidity forecast in order to ensure Financing of shortages or placing of surpluses with the holding
7. 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
8. Responsible for actual and forecast cash flow (internal and external) reporting and analysis
9. Working Capital analysis including Cash Conversion Cycle KPI’s, focused on DSO (Budget, Actuals, Forecast), as well as DPO and DIO and Customer overdue
Management of foreign currency exposure
10. Centralized countries: accurate and timely reporting of FX exposures and subsequent settlements
11. Follows up the FX gains & losses
Banking relationship
12. Management of bank accounts (opening/closing, overdrafts) and banking powers
13. Point of contact with local banks in respect of treasury operational issues ensuring quality of service
14. Maintains local banking and payment systems in accordance with Group policy
15. Control bank fees
Compliance and internal control
16. Maintains the documentation for Treasury business processes, reviews and updates and ensures compliance with internal control requirements
Projects
17. Supports to Global Treasury Operations in M&A, business development and divestment execution
18. Participation in projects to improve Treasury processes, technologies that facilitate operational efficiencies and Treasury performance
19. Liaises with IT function with regards system issues and process improvements
Miscellaneous
20. Management of the annual Insurance renewal with the local Broker, including gathering and consolidation of required data/information (if applicable)
21. Supports/liaises with Global Treasury Operations on Legal/Tax activities including dividends, legal restructurings, intercompany loan issuance and interest settlement
22. Maintains local intercompany loan schedule
Information Systems
23. S4 / SAP, FxNet (Hedging), TREMA (Cash flow reporting) and Office (Excel, Power point)
About you
Experience:
24. While Treasury experience is preferred, it is not a strict requirement
25. Candidates with general finance experience will be considered, as we aim to maintain a balanced team with diverse expertise
26. Experience in finance roles within an international environment is considered a plus
Soft and technical skills:
Required
27. Strong analytical skills, financial acumen, accuracy and attention to details
28. Ability to build strong working relationships with partners internally and also externally with banks
29. Verbal, and written communication skills
30. Team player, proactive and solution oriented
Preferred
31. Knowledge of cash management and treasury systems and/or accounting and/or financial analysis
32. Knowledge of Treasury Management Systems, S/4HANA Treasury System is a plus
33. Languages: fluent written and spoken English. French and other European languages are a plus
Why choose us?
34. Discover endless opportunities to grow your talent and drive your career, whether it’s through a promotion or lateral move, at home or internationally
35. Enjoy a thoughtful, well-crafted rewards package that recognizes your contribution and amplifies your impact
36. Take good care of yourself and your family, with a wide range of health and wellbeing benefits including high-quality healthcare, prevention and wellness programs and at least 14 weeks’ gender-neutral parental leave
#LI-EUR
Pursue, discover
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 and check out our Diversity Equity and Inclusion actions at !