Business Services Graduate Trainee - Account Receivable

About the Job

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. Ready?

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 and 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. As a Business Services Graduate Trainee, you will be working 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, analyze 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, analyze & resolve discrepancies, post adjustment entries
• Prepare month end and ad-hoc reports for revenue and AR analysis
• Meet operational KPIs and compliance with Sanofi policies and guidelines

About you

• Experience: Fresh graduates are encouraged to apply! Prior experience in accounting / finance especially in a shared services setting will be advantageous.
• Education: Bachelor’s Degree/ Professional Certificate in Accounting/Finance/Business or equivalent.
• Language: Excellent written and verbal in English and Mandarin (to support China).

Why choose us?

• An international work environment, in which you can develop your talent and realize ideas and innovations within a competent team
• Flexible home office policy, with a possibility to work up to 50% of time from home / where you can easily schedule your office days
• Bring the miracles of science to life alongside a supportive, future-focused team.