Job Title: Sr Manager FX Mgmt. and Treasury Operational Excellence

Location: Morristown, NJ

About the Job

Ready to push the limits of what’s possible? Join Sanofi in one of our corporate functions and you can play a vital part in the performance of our entire business while helping to make an impact on millions around the world.

The Regional North America Treasury Team belongs to the International Treasury department within the Financing, Treasury & Insurance group. NA Treasury is a dynamic group of professionals dedicated to optimizing financial operations across the region. The team manages cash management, FX exposure monitoring, and cash forecasting to ensure liquidity and mitigate currency risks. They foster strong bank relationships, manage daily cash positioning, and drive treasury transformation initiatives to enhance efficiency and support strategic business objectives.

The Senior Manager, Foreign Exchange Management and Treasury Operational Excellence, is responsible for overseeing and optimizing foreign exchange (FX) and treasury processes to enhance efficiency, standardization & security within the North America Regional Treasury. This role drives operational excellence and requires a strong knowledge of Treasury activities, working closely with regional treasurer to review treasury processes, propose efficiencies and optimizations in line with the Treasury Core Model to support the organization’s financial objectives in the region. The Senior Manager will lead a team of treasury professionals, collaborate with cross-functional stakeholders, and leverage advanced analytics to mitigate FX risks and improve operational performance. He will report to the Head of Treasury North America.

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

Foreign Exchange risk management

Ensure Comprehensive Balance Sheet FX Exposure Identification & Measurement
Identify, quantify, and track all types of FX exposure (operating and financing) across North American entities, considering both balance sheet and highly probable forecast exposures • Coordinate with Global Treasury & ICO hub for large exposure (>10mn. €) Ad Hoc hedging (spot rate)
Ensure timely clearing of Transitory accounts in SAP S4 Hana • Oversee timely FX cash transfers funding and pooling process with Holding company
Oversee Daily Monitoring & retrieve of FX rates and other market datas from Reuters to iShift ERP system (S/4 Hana)
Monitor FX Revaluation of both AR/AP & FX hedge portfolio ensuring perfect reconciliation • Monitor, analyze and report FX Operating and Financing gains & losses for North America • Ensure SOX/audit compliance, including documentation, MTM spot and forward points analysis

Treasury Operational Excellence

Lead initiatives to streamline treasury processes, including cash management, liquidity forecasting, and payment operations, to enhance efficiency and accuracy • Comprehensive understanding of the Treasury Core Model and SAP TCM Solution to facilitate core model adoption
Support Regional Treasurer in the context of country treasury core model roadmap definition, change management and proper deployment •
Support SAP Treasury module updates and enhancements, ensuring system configurations align with regional treasury processes and business requirements
Drive automation and digital transformation of treasury functions, leveraging technology to optimize workflows and reduce manual processes
Manage the implementation of new banking services and systems, coordinating with internal teams and external partners to ensure seamless integration Monitor and support Regional Treasurer with regional banking relationships, ensuring optimal account structures and cost-effective services
Support mergers and acquisitions (M&A) integrations by managing treasury-related activities, including cash flow integration, banking structure alignment, ERP integration and FX exposure analysis for acquired entities
Design and implement best-in-class treasury procedures, and controls to ensure operational integrity and compliance

Leadership and Collaboration

Manage and develop a team of treasury professionals within the North America Regional Treasury, fostering a culture of excellence, accountability, and continuous improvement
Collaborate with regional & central finance, accounting, tax, business development and licensing, M&A, corporate treasury, and business units to align treasury strategies with organizational goals and operational needs in North America
Support weekly payment run approval process as bank signatory
Support Treasury Operations team in setting up an effective Business Continuity Plan, working collaboratively with other Treasury departments, including regular rehearsals.

About You

Experience

10+ Years of experience in Financing & Treasury activities in multinational companies, corporate accounting. CTP is a plus.
Experience with Treasury Management systems
Experience with electronic banking systems / SWIFT /Payment Practices
Multi-country management experience
Proven track record in dealing with complex issues proactively and in a timely fashion, along with the ability to make well informed and appropriate decisions and to communicate complex information to others
A deep knowledge of foreign exchange hedging processes in a multinational is a + • A deep knowledge of foreign exchange (IAS21) accounting principles is a + • Experience in a global and matrixed working environment.

Soft and technical skills

Proven ability to challenge current thinking and to drive and enable continuous improvement
Analytical skills, financial acumen, accuracy and attention to details
Ability to negotiate, convince and influence various stakeholders
Team player, proactive and solution oriented
Strong capabilities in MS Excel
Communication skills with technical and operational language
Driver of high standards for individual, team and organizational accomplishment and delivering service excellence to internal and external customers Excellent personal communication, report writing and organizational skills
Ability to work under time pressure
Very good team-player with strong interpersonal skills

Education

bachelor’s degree – preferably master’s degree in business administration, accounting or finance

Languages:

Fluent written and spoken English

Why Choose Us

Bring the miracles of science to life alongside a supportive, future-focused team.
Discover endless opportunities to grow your talent and drive your career, whether it’s through a promotion or lateral move, at home or internationally.
Enjoy a thoughtful, well-crafted rewards package that recognizes your contribution and amplifies your impact.
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.

Sanofi Inc. and its U.S. affiliates are Equal Opportunity and Affirmative Action employers committed to a culturally diverse workforce. All qualified applicants will receive consideration for employment without regard to race; color; creed; religion; national origin; age; ancestry; nationality; marital, domestic partnership or civil union status; sex, gender, gender identity or expression; affectional or sexual orientation; disability; veteran or military status or liability for military status; domestic violence victim status; atypical cellular or blood trait; genetic information (including the refusal to submit to genetic testing) or any other characteristic protected by law.

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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!

US and Puerto Rico Residents Only

Sanofi Inc. and its U.S. affiliates are Equal Opportunity and Affirmative Action employers committed to a culturally inclusive and diverse workforce. All qualified applicants will receive consideration for employment without regard to race; color; creed; religion; national origin; age; ancestry; nationality; natural or protective hairstyles; marital, domestic partnership or civil union status; sex, gender, gender identity or expression; affectional or sexual orientation; disability; veteran or military status or liability for military status; domestic violence victim status; atypical cellular or blood trait; genetic information (including the refusal to submit to genetic testing) or any other characteristic protected by law.

North America Applicants Only

The salary range for this position is:

$125,250.00 - $180,916.66

All compensation will be determined commensurate with demonstrated experience. Employees may be eligible to participate in Company employee benefit programs. Additional benefits information can be found through the LINK.