Head Regional Treasury Center Asia

• Location: Singapore
• Job type: permanent, full time

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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