CHC Head of Regional Treasury Service Center

About the job

At Sanofi Consumer Healthcare, we have one overarching mission - to work passionately, challenging ourselves and our industry every day, to drive what we believe is the next health revolution: evolving from simply serving consumers, to helping people help themselves - bringing “Health in Your Hands”.

We are building trusted & loved brands that connect with hundreds of millions of consumers worldwide, enabling better self-care for individuals and communities, while also contributing to a healthier planet. To fulfill this mission, we are embarking our consumers, our customers, healthcare professionals, and our employees in this journey because this is what will make us become the “Best Fast-Moving Consumer Healthcare (FMCH) Company In & For the World”.

Consumers at the heart of everything we do and we want to make a difference where it counts, driving leadership in the categories we play in: Allergy, Digestive Wellness, Pain, Physical & Mental Wellness, and Cough, Cold & Flu.

To achieve this, we need strong talent who will help us shape the future of our Consumer Healthcare business and challenge our industry. We aspire to create a work environment where people can thrive, grow, and be at their best every day. We believe in operating with integrity and prioritizing the health and well-being of people and communities where we operate, working towards making a positive impact in the world.

Our team

CHC Global Treasury is responsible for the financing, the cash and risk management as well as insurances of CHC affiliates.

The CHC Head of Regional Treasury Services Center is in charge of:

• Running daily operational Treasury management activities
• In close collaboration with Global Treasury Operations department, ensuring proper financing of the affiliates in its scope and cash repatriation
• Reporting and analyzing cash flow and working capital indicators
• Managing the FX exposure of the affiliates in compliance with Group policies
• Credit Risk Management
• Leading projects to improve Treasury processes
• Operating in compliance with internal and external regulations

Main responsibilities

The Head of Regional Treasury Services Center supervises the operational treasury activities and operations of the legal entities in Asia Jpac India. He/she leads a team of Treasury Analysts based in the Treasury Services Center/India and is the primary contact of CHC Global Treasury in his/her region.

In this role he/she:

• People management and partnering
  • Recruits, leads, motivates the team, develops capabilities, and supports the development of talents
  • Ensures Operational Excellence of the Regional Treasury Center with KPIs, offering best-in-class services
  • Builds trust and ensures effective cooperation with cross functional and external partners (other treasury teams at corporate and regional levels, GBS, HFOs, tax, legal, banks, …)

• Liquidity and cash management
  • Oversees daily cash management and liquidity for the Asia Jpac India affiliates
  • Closely cooperates with Global Treasury Operations department to ensure proper financing of the affiliates and identification of cash repatriation opportunities
  • Supervises cash actuals and forecasts reporting

• FX Risk management
  • Centralized countries: ensures accurate and timely reporting of FX exposures and subsequent settlements
  • Non centralized countries: identifies FX exposures and monitors the proper execution of the local hedging in line with Group policies
  • Monitors ad-hoc transactions incurring Fx risk
  • Follows up the FX gains & losses

• Cash flow and working capital optimization
  • Monitors free cash flow generation and working capital KPIs (DSO, payment terms, overdue, DPO) through cash reviews, action plans,…
  • Partners with business functions to raise awareness and spread a cash-oriented mindset
  • In cooperation with CI2C and in accordance with the Credit Management policy, assesses the counterparty risk and validates the credit limits

• Bank relationship management
  • Global Treasury Operations handles the cash management bank relationship, nevertheless, the Head of Regional Treasury Services Center acts as regional senior point of contact with the bank
  • Participates to contract review when applicable (overdraft, credit facilities,…)
  • Manages the daily operational bank relationship
  • Supervises that bank fees are in line with agreed pricing

• Credit risk management
  • Assess the credit risk profile of the most significant customers as per Group policy
  • Review banking channels of offshore financial flows