Intercompany Center of Excellence (CoE) Operations Lead

Job title: Intercompany Center of Excellence (CoE) Operations Lead

• Location: Hyderabad, INDIA

About Opella

Opella, the Consumer Healthcare business unit of Sanofi, is the purest and third-largest player globally in the Over-The-Counter (OTC) & Vitamins, Minerals & Supplements (VMS) market.  

We have an unshakable belief in the power of self-care and the role it can play in creating a healthier society and a healthier planet.

That’s why we want to make self-care as simple as it should be by being consumer-led always, with science at our core.

Through our unique and balanced portfolio of more than 100 loved brands, including 15 global and local high-growth challengers such as Allegra, Dulcolax and Buscopan, we deliver our mission: helping more than half a billion consumers worldwide take their health in their hands.  

This mission is brought to life by an 11,000-strong team, 13 best-in-class manufacturing sites, and 4 specialized science and innovation development centers.

We are also proud to be the first major fast-moving consumer healthcare company to achieve B Corp certification.

Join us on our mission. Health. In your hands.

About the job

Ready to push the limits of what’s possible? Join Opella 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 of consumers around the world. As Intercompany Center of Excellence (CoE) Operations Lead within our Intercompany Financial Management team, you’ll be responsible for overseeing and managing the daily operations related to intercompany transactions and processes. This role focuses on ensuring the accuracy and efficiency of intercompany service bookings, manual product flow entries, payment management, and invoice handling. Additionally, the Intercompany CoE Operations Manager will contribute to external audits and ensure compliance with global tax regulations, playing a key role in financial reporting and reconciliation processes such as GRIR (Goods Receipt/Invoice Receipt).

Opella, the Consumer Healthcare business unit of Sanofi, is the purest and third-largest player globally in the Over-The-Counter (OTC) & Vitamins, Minerals & Supplements (VMS) market. 

We have an unshakable belief in the power of self-care and the role it can play in creating a healthier society and a healthier planet.

That’s why we want to make self-care as simple as it should be by being consumer-led always, with science at our core.

Through our unique and balanced portfolio of more than 100 loved brands, including 15 global and local high-growth challengers such as Allegra, Dulcolax and Buscopan, we deliver our mission: helping more than half a billion consumers worldwide take their health in their hands. 

This mission is brought to life by an 11,000-strong team, 13 best-in-class manufacturing sites, and 4 specialized science and innovation development centers.

We are also proud to be the first major fast-moving consumer healthcare company to achieve B Corp certification.

Join us on our mission. Health. In your hands.

Main responsibilities:

• Booking of Intercompany Services:

• Oversee and manage the accurate booking of intercompany services in the financial systems, ensuring compliance with corporate accounting standards.
• Collaborate with IFSA, HFOs and Finance Performance teams across regions to ensure all service transactions are accurately captured and recorded.

• Manual Intercompany Product Flow:

• Manage the manual booking of intercompany product flows, ensuring that transactions related to the movement of goods between entities are correctly recorded.
• Coordinate with Customer Services teams to track and reconcile intercompany product movements and ensure they align with financial entries.

• Payment Management & Cash Application:

• Lead payment management activities, including the application of cash receipts to the appropriate intercompany accounts.
• Ensure timely and accurate clearing of transitory accounts, reconciling any discrepancies in payments and ensuring cash is applied correctly.
• Collaborate with treasury and finance teams to optimize cash flow processes and ensure smooth settlement of intercompany balances.

• Missing Invoice Management:

• Oversee the resolution of missing invoices related to intercompany product flows, ensuring that all transactions are recorded in a timely manner.
• Work with Customer Services teams to address any delays or discrepancies in invoicing and follow up on unresolved issues to prevent impact on month-end close.
• Manages the contract of external provider and related quality of services for Account Payable postings and related payments on time.

• GRIR (Goods Receipt/Invoice Receipt) Reconciliation:

• Perform GRIR reconciliation to ensure that goods received are matched to the corresponding invoices and that any discrepancies are investigated and resolved.
• Collaborate with the Customer Services team to maintain accurate records of inventory and intercompany transactions.

• External and Tax Audits:
  • Contribute to external and tax audits by providing detailed documentation and analysis of intercompany transactions.
  • Ensure compliance with tax regulations related to intercompany processes, including transfer pricing and other regulatory requirements.
  • Act as a key liaison between internal teams and external auditors to ensure smooth audit processes and accurate reporting.

About you

• Experience:
  • Bachelor’s degree in finance, Accounting, Business Administration, or a related field.
  • 5+ years of experience in finance or accounting, with a strong focus on intercompany processes and global operations.
  • Proven experience with intercompany bookings, payment management, and reconciliations in a multinational organization.
  • Experience working with ERP systems (SAP) is required, along with strong knowledge of intercompany accounting practices.
• Soft and technical skills:  
  • Strong understanding of intercompany accounting principles and payment management processes.
  • Excellent analytical and problem-solving skills, with attention to detail and accuracy in financial transactions.
  • Ability to manage and resolve intercompany discrepancies and missing documentation in a timely manner.
  • Strong communication skills, with the ability to work effectively with cross-functional teams across regions.
  • Proficiency in financial systems and tools, with the ability to manage large data sets and ensure compliance with global accounting standards.
  • Strong organizational skills with a focus on meeting deadlines.
  • Ability to lead and mentor teams, driving operational efficiency.
  • Problem-solving mindset with a proactive approach to issue resolution.
  • Strong attention to detail and accuracy in financial reporting.
  • Collaborative and communicative, able to engage with stakeholders across regions.

• Education: (ask for qualifications only if they are essential for performing the role)
  • Good accounting technical skills.

• Languages:
  • Fluency in English mandatory and other European languages are desirable.

Why choose us?

• Innovative Healthcare Solutions: Sanofi is dedicated to discovering and developing innovative healthcare solutions that improve the lives of patients around the world.
• Global Presence: With a strong global presence, Sanofi operates in over 100 countries, ensuring that their products and services reach a wide range of patients and healthcare providers.
• Commitment to Research and Development: Sanofi invests heavily in research and development, focusing on creating new treatments and therapies for various diseases and medical conditions.
• Patient-Centric Approach: Sanofi prioritizes the needs of patients, striving to provide high-quality, effective, and safe medications that enhance patient outcomes and quality of life.
• Opella dynamic : integrate challenger mindset team spirit where you can bring innovation
• International flows team: with multiple origins, join a knowledgeable team of flows over the world and learn more about tax and accounting constraints

“Join a multi-cultural dynamic team where all ideas matter and build all together efficient intercompany accounting process over almost 50 companies.”

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.
 

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

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!