Ci2C Cash Application, Receivables and Revenue Accounting Analyst

• Location: Kuala Lumpur, Malaysia

• Remote working in accordance with the conditions defined in the local telework agreement

• Job type: permanent, full time

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.

JOB PURPOSE

• Deliver receivables management and Cash Application, Receivables & revenue accounting services to CHC Asia region as per their respective Service Level Agreements (SLAs)

  • Manage incoming payments

  • Perform clearing of AR, analyse discrepancies, execute securitization program & factoring

  • Address operational issues and follow through to resolution in an effective and timely manner

  • Secure invoice booking & revenue recognition, perform AR monthly closing and reporting services to SBS

  • Contribute to revenue recognition (Trade & non-Trade) and related accounting

  • Analyse AR ageing reports, recommend bad debts reserves and post entries

  • Participate in month end closure activities: reconcile AR postings with GL, analyse & resolve discrepancies, post adjustment entries

  • Prepare month end and ad-hoc reports for revenue and AR analysis  

  • Contribute to periodic reviews and definition of revenue recognition accounting scheme

• Deliver operational KPIs and comply with Sanofi policies and guidelines

• Participate in continuous improvement initiatives

KEY RESULTS/ACCOUNTABILITIES

Operation

• Deliver receivables management and cash application services to CHC Asia region for Sanofi entities within CHC perimeter as per their respective Service Level Agreements

• Manage incoming payments

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

• Execute securitization program and factoring

• Secure invoice booking & revenue recognition, perform AR monthly closing and reporting services to SBS

  • Monitor SD/FI interface and correct all anomalies to ensure correct revenue recognition (Trade & non-Trade)

  • Analyse AR ageing reports and recommend bad debts reserves based on Sanofi guidelines and post entries after approval

  • Reconcile AR postings with GL, analyse & resolve discrepancies, post adjustment entries as per month end closure timetable

  • Prepare month end and ad-hoc reports for revenue and AR analysis

  • Contribute to periodic reviews and definition of revenue recognition accounting scheme

• Contribute to business and customer collection strategy reviews

• 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

• 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 auto