Cash Application Junior Analyst

Cash Application Junior Analyst

• Location: Bogotá, Colombia

• Job type: Permanent

About the job

Our Team:

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.

With respect to integrated Order-to-Cash (iO2C) the Business Services centre will be covering the following areas of the process:

• 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 is to:

• 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 Junior 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.

Main responsibilities:

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

o Manage incoming payments

o Perform clearing of Accounts Receivables (AR), analyse discrepancies related to unapplied / misapplied receipts or deductions and propose resolution

o 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

• Build, document and transfer EE Core Model process knowledge (Level 6/7) relating to receivables management and cash application

Continuous 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)
• Education: Graduate degree in accounting or finance (essential)
• Languages: Advance in English (essential)

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, gender identity or Veteran status.

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!