Cash Application Junior Analyst

Sanofi; Colombia; Hybrid; COP 146,869,836 - 220,304,755; Full time

Benefits offered by this job

Flexible working policies

Private medical care

Life and health insurance

Gender-neutral paid parental leave

Job summary

A global healthcare company is looking for an Analyst in Cash Application based in Bogotá, Colombia. This role involves managing cash application and receivables management services while collaborating with various internal teams. The ideal candidate will have a graduate degree in accounting or finance, strong analytical skills, and proficiency in Microsoft Excel. The company offers flexible working policies, including remote work options, and values diversity in its teams.

Qualifications

• Experience in an accounting & accounts receivable role is advantageous.
• Broad understanding of Customer Invoice to Cash / Accounts Receivable process is advantageous.
• Ability to interact with clients in a professional manner is essential.

Responsibilities

• Deliver cash application and receivables management services based on SLAs.
• Manage incoming payments and perform clearing of Accounts Receivables.
• Participate in process improvement initiatives.

Skills

Problem solving

Analytical skills

Microsoft Excel

Team player

Communication skills

Education

Graduate degree in accounting or finance

Tools

SAP FI

Job description

Overview

Sanofi Business Services (SBS), one of the 5 pillars of Sanofi’s Business Services organization, is setting up a new captive Business Services centre in Bogota to provide Account-to-Report, integrated Order-to-Cash as well as HR services.

The iO2C area covers the following processes:

• Customer Master Data, Pricing & Commercial conditions
• Order Management
• Credit Management
• Collections & Account Receivables management
• Cash Application
• Claims & Disputes Management
• AR Monthly closing and Reporting

The Purpose Of This Role

• Deliver cash application and receivables management services to SBS North America as per their respective Service Level Agreements (SLAs)
• Manage incoming payments
• Perform clearing of AR, analyse discrepancies, execute securitization program and factoring
• Review AR ageing reports, perform collection & dunning, escalate & follow-up actions
• Address operational issues and follow through to resolution in an effective and timely manner
• Deliver operational KPIs and comply with Sanofi policies and guidelines
• Participate in continuous improvement initiatives

The Analyst, Cash Application reports to Cash Application Coordinator and works closely with Customer Service, Finance, Treasury, Account to Report, Trade or Global Business Unit and Ci2C front line teams in countries / regions.

Key Accountabilities

Operation

• Deliver cash application receivables and management services to SBS North America for Sanofi entities within SBS perimeter as per their respective Service Level Agreements
• Manage incoming payments
• Perform clearing of Accounts Receivables (AR), analyse discrepancies related to unapplied / misapplied receipts or deductions and propose resolution
• Execute securitization program and factoring
• Contribute to business
• Execute in compliance with Sanofi policies and guidelines
• Complete all activities as per the global Core Model and operational KPIs
• Develop expert level knowledge of the activities in scope as well as local knowledge of entities in scope and become a super-user
• Pro-actively anticipate operational issues and coach junior analysts
• Build, document and transfer EE Core Model process knowledge (Level 6/7) relating to receivables management and cash application

Continous Improvement

• Identify process improvement opportunities through elimination of redundant activities
• Participate in process automation initiatives and ensure seamless adoption and transition

About You

• Experience: First hands on experience in an accounting & accounts receivable role (advantageous)
• Soft and technical skills:
• Broad understanding of Customer Invoice to Cash / Accounts Receivable process and activities (advantageous)
• Good business acumen (advantageous)
• Strong problem solving, deductive and analytical skills (advantageous)
• Computer literate and familiar with accounting applications, as e.g. SAP FI (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 Ci2C front line teams with an end to end mindset (essential)
• Good communication skills (advantageous)
• Attentive to customer needs and feedback (advantageous)
• Organized and structured to execute tasks as per deadlines (essential)
• Attentive to detail and works with precision (advantageous)
• Action oriented, delivery driven, change agent (advantageous)
• Role model / coach to junior analysts (advantageous)
• Education: Graduate degree in accounting or finance (essential)
• Languages: Advanced in English (essential)
• Knowledge of other European languages (advantageous)

Why choose us?

• Discover endless opportunities to grow your talent and drive your career, whether it’s through a promotion or lateral move, at home or internationally.
• You’ll be part of leading the first experiences a job seeker has with Sanofi and ensuring it is best-in-class and driving conversions.
• You’ll be part of a truly diverse cross-cultural team and can have real business impact.
• Flexible working policies, including up to 50% remote work.
• Private medical care, life and health insurance, and gender-neutral paid parental leave
• Colombia is one of Sanofi’s key locations for new talents, having a big footprint with the Bogota HUB and its best-in-class operation.
• Mexico and Argentina Play an instrumental part in creating best practice and innovation within our 3 vaccines production plants.

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!