Director, Global Technical Accounting Transaction Support

Job title:

Director, Global Technical Accounting Transaction Support

Location:

Morristown, NJ

About the job

Ready to push the limits of what’s possible? Join Sanofi 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 around the world.
This position reports directly to the Head, Global Technical Accounting
Transaction Support and is responsible for performing the identification, research, analysis and documentation of various accounting topics including operational projects, business initiatives, and contractual agreements to ensure compliance with the Sanofi Global Guide of Accounting (SAGA) and International Financial Reporting Standards (IFRS). This position will have significant interactions and visibility with senior level management, including multiple Executive Committee members, business development, and independent auditors. It will also be key that this position cooperates transversely with other teams within Corporate Consolidations & Statutory reporting to ensure awareness to ensure proper recording and disclosing of various accounting topics including operational projects, business initiatives and contractual agreements. This person will service all Global general business units (GBUs) and be part of the Finance organization.

About Sanofi

We’re an R&D-driven, AI-powered biopharma company committed to improving people’s lives and delivering compelling growth. Our deep understanding of the immune system – and innovative pipeline – enables us to invent medicines and vaccines that treat and protect millions of people around the world. Together, we chase the miracles of science to improve people’s lives.

Main Responsibilities:

• Provide technical advice in such areas as revenue recognition from out-licensing, mergers & acquisitions, divestments, alliances, collaboration agreements, R&D in-licensing arrangements and lease agreements among other operational topics and strategic projects.
• Review accounting treatments with respect to financial instruments proposed by Corporate Treasury
• Review contemplated business transactions and agreements and assess Group accounting consequences (also on the basis of facts and circumstances)
• Collaborate with other groups within Consolidations and Statutory Reporting regarding the reporting and disclosure consequences on various accounting topics including operational projects, business initiatives and contractual agreements of which technical advice was provided.
• Collaborate with other groups outside of Consolidations and Statutory reporting regarding the accounting consequences of various accounting topics including operational projects, business initiatives and contractual agreements, specifically Account to Report, Tax, External Auditors etc.
• Write and communicate formal accounting position papers and memos for internal purpose to be distributed to the groups impacted internally as well as for external auditors.
• Interact with Internal Control as it relates to formalization of accounting treatments in regard to technical advice on key transactions and operational projects provided and perform SOX requirements as deemed necessary
• Assess preliminary impacts of new accounting and reporting pronouncements as it relates to existing and new contractual arrangements and key operational initiatives
• Provide input and examples for the Group accounting manual based on prior experience with historical complex transactions
• Participate in global accounts committees to provide technical accounting expertise on various projects and initiatives raised by the various countries as well as contractual agreements etc.
• Contribute to the Finance organizations hard closing process by ensuring that all one-off complex transactions are appropriately documented and concluded on in order to ensure a smooth year end process.
• Contribute to the Finance organizations hard closing process by supporting initiatives made by the department to ensure the completeness around all one-off complex transactions occurring globally are documented and concluded on in a timely fashion and also aligned with internal key stakeholders as well as external auditors.

About You

Knowledge, Skills, and Equivalent Experience:

• Bachelor's degree from an accredited four-year college or university
• Area of specialization: Accounting
• 7-10 years of professional experience
• CPA Certification
• Must have management/supervision experience in a public accounting firm.
• Knowledge of US GAAP & IFRS required
• Pharmaceutical industry knowledge a plus
• Excellent organizational and communication skills - written and oral.
• Strong interpersonal, proven leadership and team building skills are a must.
• Detail-oriented

Why Choose Us?

• Bring the miracles of science to life alongside a supportive, future-focused team.
• Discover endless opportunities to grow your talent and drive your career, whether it’s through a promotion or lateral move, at home or internationally.
• Enjoy a thoughtful, well-crafted rewards package that recognizes your contribution and amplifies your impact.
• Take good care of yourself and your family, with a wide range of health and wellbeing benefits including high-quality healthcare, prevention and wellness programs and at least 14 weeks’ gender-neutral parental leave.