Sanofi

Director, Global Technical Accounting Transaction Support

Sanofi$161K — $232K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or related field
  • 7-10 years of professional experience
  • CPA Certification required
  • Management/supervisory experience at a public accounting firm
  • In-depth knowledge of US GAAP & IFRS essential
  • Pharmaceutical industry experience preferred
  • Excellent organizational, communication and leadership skills

Responsibilities

  • Provide technical advice on accounting for revenue, mergers, divestments, and collaborations
  • Review accounting treatments for financial instruments proposed by Corporate Treasury
  • Assess accounting consequences of contemplated business transactions and agreements
  • Collaborate with teams on reporting and disclosure implications of accounting topics
  • Draft internal accounting position papers and memos for stakeholders
  • Ensure SOX compliance related to accounting treatments and key transactions
  • Evaluate impacts of new accounting pronouncements on contracts and projects
  • Participate in global accounts committees to provide technical expertise on initiatives
  • Support the Finance organization in documenting complex transactions during hard closing processes

Benefits

  • Supportive, future-focused work environment
  • Opportunities for career growth and lateral moves
  • Comprehensive rewards package recognizing employee contributions
  • Wide range of health and wellness benefits
  • At least 14 weeks of gender-neutral parental leave
Full Job Description
Job title: Director, Global Technical Accounting Transaction Support

Location: Morristown, NJ

About the job

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.

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.


The salary range for this position is:
$161,250.00 - $232,916.66

All compensation will be determined commensurate with demonstrated experience. Employees may be eligible to participate in Company employee benefit programs. Additional benefits information can be found through the LINK.

About Sanofi

Sanofi is a global pharmaceutical company that specializes in the research, development, and manufacturing of prescription drugs and vaccines. The company operates in over 170 countries and has a diverse portfolio of products that includes treatments for diabetes, cancer, cardiovascular disease, and rare diseases. Sanofi is committed to improving global health and has a strong focus on innovation and sustainability. The company has received numerous awards for its research and development efforts and is recognized as a leader in the pharmaceutical industry.
Learn more about Sanofi
Market Cap
$121.6 billion
Industry
Net Income
$12.3 billion
Founded
1990
5 Year Trend
+2.5%
Revenue
$37.3 billion
NASDAQ

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