Treasury Analyst Italian Speaker

External Job Description Title: Treasury Analyst ( Italian Speaker)

Location: BE - Brussels

Work Arrangements: Hybrid (3 days on site, 2 days home office) - Few travels expected

Job Purpose

Under the supervision of the Treasury Area Lead of Regional Treasury Team, the Treasury Analyst will be responsible for performing and controlling treasury operations for all Sanofi legal entities within a designated geographical area, encompassing multiple countries or Market Company Organizations (MCOs). This role ensures efficient cash management, risk mitigation, and compliance with Group treasury policies while supporting business growth and operational excellence.

Key Accountabilities & Responsibilities

• Treasury Operations Management Execute daily operational treasury management activities across assigned geographical region
• Perform reconciliation of bank flows with forecasts and maintain optimal bank account balancing
• Prepare daily cash positions and rolling liquidity forecasts for centralized countries to ensure adequate financing of shortages and optimal placement of surpluses
• Execute treasury-related payment activities including wire transfers, electronic funds transfers, intercompany loan/deposit settlements, and other treasury transactions
• Cash Flow & Working Capital Optimization Deliver comprehensive actual and forecast cash flow reporting and analysis (internal and external)
• Conduct working capital analysis including Cash Conversion Cycle KPIs with focus on DSO (Budget, Actuals, Forecast), DPO, DIO, and customer overdue management
• Identify opportunities for cash flow optimization and working capital efficiency improvements
• Foreign Exchange Risk Management Provide accurate and timely reporting of FX exposures and manage subsequent settlements for centralized countries
• Monitor and report on FX gains & losses, ensuring compliance with hedging policies
• Support implementation of FX risk mitigation strategies
• Banking Relationship Management Manage bank account operations (opening/closing, overdrafts) and banking authorization matrices
• Serve as primary point of contact with local banks for treasury operational matters, ensuring high-quality service delivery
• Maintain local banking and payment systems in accordance with Group policies
• Monitor and control bank fees to optimize costs
• Compliance & Risk Management Maintain comprehensive documentation for treasury business processes
• Review and update procedures to ensure compliance with internal control requirements and regulatory standards
• Support audit activities and implement control improvements as needed

Strategic Projects & Business Support

Provide operational support to Global Treasury Operations for M&A, business development, and divestment activities

Participate in process improvement initiatives and technology implementations to enhance operational efficiency

Collaborate with IT function on system enhancements and process optimization projects

Additional Responsibilities

Manage annual insurance renewal processes with local brokers, including data consolidation and analysis (where applicable)

Support Global Treasury Operations on legal/tax activities including dividend payments, legal restructurings, and intercompany loan management

Maintain accurate local intercompany loan schedules and documentation

Required Qualifications & Experience

Essential Requirements

Education: Bachelor's degree in Finance, Economics, Business Administration, or related field

Experience: Minimum 2 years of treasury experience in a corporate environment

Technical Skills

Proficiency in S4/SAP, FxNet (Hedging), TREMA (Cash flow reporting), and Microsoft Office Suite (Excel, PowerPoint)

Preferred Qualifications

Previous finance experience in an international, multi-country environment

Knowledge of cash management and treasury systems

Experience with accounting and/or financial analysis

Familiarity with Treasury Management Systems, particularly S/4HANA Treasury System

Professional treasury certification (CTP, ACT, or equivalent) is advantageous

Key Competencies & Skills

Technical Competencies

Strong analytical and financial acumen with exceptional attention to detail

Advanced knowledge of treasury operations, cash management, and FX risk management

Understanding of banking products, payment systems, and regulatory requirements

Proficiency in financial modeling and reporting tools

Behavioral Competencies

Relationship Building: Ability to establish and maintain strong working relationships with internal stakeholders and external banking partners

Communication: Excellent verbal and written communication skills with abilit