Revenue and Receivables Manager

Revenue and Receivables Manager

Location: Bogotá

About the job

Our Hubs are a crucial part of how we innovate, improving performance across every Sanofi department and providing a springboard for the amazing work we do. Build a career and you can be part of transforming our business while helping to change millions of lives. Ready? As Revenue and Receivables Manager within our Order To Cash 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:

Secure invoice booking & revenue recognition, perform AR monthly closing and reporting services to SBS in Spanish Speaking & North America (for any transitionned activity) as per their respective Service Level Agreements (SLAs)

Monitor SD/FI interface and ensure invoices are booked correctly

Generate & book non-Trade invoices

Ensure 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

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

Monitor operational KPIs and compliance with Sanofi policies and guidelines

Contribute to Credit Committee and/or Ci2C Governance

Supervise the team of AR closing & reporting analysts

Drive continuous improvement

The Receivables & Revenue Accounting Lead reports Head of O2C Captive Bogota 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:

Operations

Secure invoice booking & revenue recognition, perform AR monthly closing and reporting services to in Spanish Speaking & North America (for any transitioned activity) within SBS perimeter as per their respective Service Level Agreements

Monitor SD/FI interface and ensure invoices are booked correctly

Generate & book non-Trade invoices

Ensure revenue recognition (Trade & non-Trade) and related accounting

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 reviews

Ensure compliance of processes, transactions and reports with Sanofi policies and guidelines

Monitor operational KPIs to pro-actively manage execution issues

Supervise and coach AR closing & reporting analysts

Provide expertise and coaching

Anticipate workload and allocate resources for effective and efficient delivery

Active participation in the selection of new employees.

Evaluate employee performance, determine training needs, develop talent

Address performance issues and make recommendations for personnel actions

Shape and promote a culture of collaboration, trust, and teamwork, throughout the team through leadership and effective communication

Focusing on employee retention and engagement, advises actions to management in this relation

Motivate and reward employees by recommending salary increases, bonuses and promotions

Makes, updates the job description of direct subordinates. Provide the necessary information for HR.

Build, document and transfer Ci2C Core Model process knowledge (Level 6/7) relating to invoicing, AR Closing & Reporting activities

Continuous improvement

Identify process improvement opportunities through elimination of redundant activities

Participate in process automation initiatives and ensure seamless adoption and transition

Participate in global projects as required

Trainings

Determine the training needs of direct subordinates, provide the professional trainings of them according to the procedures and work instructions.

Make up to date his/her professional knowledge, participate on trainings, study professional publications, make personal contact, set up benchmark goals, participate in professional community

About you

Experience: Expertise in Customer Invoice to Cash and Accounts Receivables processes and activities (essential)

Knowledge of revenue accounting and monthly closure process (essential)

Experience in running services within a Business Services organization (advantageous)

Soft and technical skills: Good business acumen (advantageous)

Strong problem solving, deductive and analytical skills (advantageous)

Technical

Hands-on experience of SAP FI and other accounts receivable related IT tools (essential)

Knowledge of Microsoft Office and expertise of MS Excel (essential)

Interpersonal

Ability to interact with internal and external clients in a professional manner (essential)

Team player, able to work collaboratively transversally and with Ci2C front line teams with an end to end mindset (essential)

Good communication skills (advantageous)

Attentive to customer needs and feedback (advantageous)

Leadership

Ability to work independently and take ownership of tasks and processes (essential)

Ability to organize, prioritize and structure the tasks for oneself and direct reports (essential)

Attentive to detail and works with precision (advantageous)

Action oriented, delivery driven, change agent (advantageous)

Lead by example to deliver high quality service, customer satisfaction (advantageous)

Sound proven hands-on experience in Accounts Receivables or other accounting functions preferably in an international multicultural environment (essential)

Team supervision in a Business Services environment (advantageous)

Education: Graduate degree in accounting or finance (essential)

Languages: Fluent in English & Spanish (essential)

Knowledge of other European languages (advantageous)

Why choose us?

Discover endless opportunities to grow your talent and drive your career, whether it’s through a promotion or lateral move, at home or internationally.

You’ll be part of leading the first experiences a job seeker has with Sanofi and ensuring it is best-in-class and driving conversions.

You’ll be part of a truly diverse cross-cultural team and can have real business impact.

Flexible working policies, including up to 50% remote work.

Private medical care, life and health insurance, and gender-neutral paid parental leave

Colombia is one of Sanofi’s key locations for new talents, having a big footprint with the Bogota HUB and its best-in-class operation.

Mexico and Argentina Play an instrumental part in creating best practice and innovation within our 3 vaccines production plants.

Pursue Progress . Discover Extraordinary .

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. You can be one of those people. Chasing change, embracing new ideas and exploring all the opportunities we have to offer. Let’s pursue progress. And let’s discover extraordinary together.

At Sanofi, we provide equal opportunities to all regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.

To apply under the disability condition, it is necessary to have a certificate issued in accordance with the provisions of the Ministry of Health and Social Protection to comply with the obligations established in Law 2466 of 2025 regarding the hiring of people with disabilities.

If you require any reasonable accommodation or adjustment during the recruitment process, please inform the Talent Acquisition team. This information will be treated confidentially and will not impact your application.

Watch our ALL IN video and check out our Diversity Equity and Inclusion actions at sanofi.com !

#LI-LAT

#LI-Hybrid

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 !