About the Job
The Head of the Regional Treasury Center – Asia (“RTC – A”) will be responsible for the establishment and management of the RTC-A, overseeing all operational treasury operations across diverse Asian markets. This strategic leadership role requires deep regional expertise to drive process standardization, build high-performing teams, and ensure compliance with both local regulations and global treasury frameworks.
This will involve several key responsibilities to ensure its successful establishment and operations such as a detailed treasury process review, staffing, training and coordinating, with local treasures, the knowledge transfer process and overall supervision of the RTC.
The Head of RTC-A will be responsible to oversee and manage the financial operations and main treasury process for all Sanofi entities within Asia region and promote adherence to the Treasury Core Model (TCM) and treasury corporate policies.
Main responsibilities
Lead the end-to-end set up the Regional Treasury Center – Asia in Singapore, addressing unique regulatory and operational requirements across Asian markets. The timeline would be in 2026 and 2027
Manage the RTC staffing and training with the Regional Treasurer and Treasury Excellence support
Ensure that the team will have the required skills and competencies to fulfil their roles
Perform a detail treasury process review aiming simplification and harmonization
Manage the knowledge transfer process from countries to the RTC
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, SBS, CFO, FBP, tax, legal, banks, …) and provides treasury support for local business and finance teams.
Daily cash management,
Oversee the cashiering function with responsibility for all aspects of the physical cash flows
Ensure that the affiliates have sufficient liquidity to meet its obligations and optimizing cash flow within the region.
Management of the ICO AIS current account with DFT (Paris), including supervision of the Captive center posting of entries and reconciliation with SAP ledgers intercompany ‘netting’ process, including loading and releasing files, and intercompany loans and posting of interests
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
Oversee and review the monthly cash flow reporting and forecasting for Corporate Treasury team providing informed commentary of variances to annual forecast and update as necessary
Partners with business functions to raise awareness and spread a cash-oriented mindset
Ensures timely and accurate cash flow reporting including cash forecast (yearly budget /monthly 3M rolling)
Ensures timely and accurate Financing/Net Debt reporting and forecasting.
Manage and review Trade finance instruments e.g. deposits, bank guarantees, letters of credit, performance bonds, etc.
Oversight of cash situation for country A & B across applicable operations
In connection with the Corporate Treasury, Bank relationship management
Global Treasury Operations handles the cash management bank relationship, nevertheless, the Head of RTC acts as 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
Manages foreign currency exposure in line with Corporate Treasury guidelines: Hedging Fx exposure, revaluations end of month, Fx exposure forecast accuracy, currency of invoicing for new flows, control of Fx Gains & Losses
Provides support regarding intercompany reconciliations – ICS, Transfer price adjustments, Royalties, Dividends, Central cost charges, etc.
Trade finance instruments e.g. deposit, guarantees, letters of credit, performance bonds etc.
In connection with corporate Treasury, Financial and operational lease agreements (real estate, car fleet, etc)
Insurance related activities
Company credit card procedures
Actively participates in projects (investments, legal restructuring, projects that impact business model)
Other activities
Supports/liaises with Global Treasury Operations on Legal/Tax activities including dividends, legal restructurings, intercompany loan issuance and interest settlement
Supports Global Treasury Operations in M&A, business development and divestment execution
Reviews investments and Capex projects on an ad hoc basis
Where applicable, support to Pensions Funds financing and daily operations
Contribute to develop, maintain and implement a robust business continuity plan (BCP) in collaboration with neighborhood functions and local CFOs
Compliance and internal control
Understands local banking regulations and ensures compliance with relevant financial reporting requirements, Treasury policies and internal control requirements
Maintains bank accounts documentation and signatories
Ensures Treasury is compliant with Sanofi Corporate Treasury policies and Internal Control Framework
Project management
Involved in Corporate Treasury projects, as determined by Corporate Treasury or CFO
Leverages knowledge of treasury technology & systems to automate and improve current operations and decision-making
Leads of working capital projects, for example debt or invoice factoring, payment terms enhancement, etc
Assists the business through the preparation of accurate cash flow models to help evaluate major projects
Information Systems
S4 / SAP, FxNet (Hedging), TREMA (Cash flow reporting) and Office (Excel, Power point)
About you
10+ year experience in Corporate Finance and Treasury activities in multinational companies and/or Banking
Other experiences in senior finance roles within an international environment is a plus
Proven Management skills
Leadership: Guiding teams, fostering collaboration and driving results
Advanced analytical skills, financial acumen, and strategic thinking
Experience in collaborating among senior management, business, and functional leaders
Capacity to build partnership with external and internal partners and banks
Ability to manage multiple projects, work effectively with cross-functional partners
Proven presentation skills, ability to communicate, assertiveness
Team player, proactive and solution oriented
Good background in accounting (IFRS) and/or financial analysis
Strong capabilities in MS Excel
Knowledge of Treasury Management Systems, S/4HANA Treasury System is a plus
Education: Master's degree in business administration, finance, accounting or economics
Languages: fluent written and spoken English. French and other Asian languages are a plus
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