Sr Manager FX Mgmt. and Treasury Operational Excellence

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

Location: Morristown, NJ

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.

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.

• 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

• 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…