Hyderabad, IND
2 days ago
COM Senior Finance Specialist
**Job Title:** COM Senior Finance Specialist **Location:** Hyderabad **Our Team:**   As we continue to transform the practice of medicine, the next chapter of Sanofi’s strategy will require a focus on delivering transformation and simplification of our core processes, optimizing resource allocation and deployment to fuel business growth and investment in science. To support this transformation and Take the Lead, Sanofi Business Operations brings together global business services under one umbrella, with a strong focus on efficiency and excellence. Within this organization, the Contract Obligations Management & Audit (COMA) team—part of the Contract Excellence function in Global Procurement Services—ensures that vendors fulfil their contractual commitments through proactive monitoring and targeted supplier audits. Reporting to the Contract Obligations Management (COM) Team Lead, the **COM Senior Finance Specialist** is a detail-oriented and proactive team member who plays a critical role in ensuring that all contractual obligations related to pricing and commercial terms are met and that any potential issues are identified and addressed promptly. The ideal candidate will leverage Obligation Management tools (e.g. Sirion) to monitor vendors financial obligations. **Main Responsibilities:** **Suppliers Onboarding & Obligations Setup** : Perform vendor onboarding activities, such as contract and price book set-up according to defined workflows and contractual financial conditions. Review contracts to identify commercial terms relevant for invoice validation, including pricing models, payment terms, and milestone conditions. Ensure that contract and PO data required for invoice validation are accurately captured and structured in the Obligation Management/CLM tool. **Contract Obligations Monitoring** : Review and upload invoice validation documentation (service consumption or invoice backup information) in tools and perform gap analysis leveraging tools capabilities and reporting. Utilize obligations management tools to identify early potential breaches in contractual obligations and general performance issues, escalating to relevant stakeholders as needed. Review recurring mismatches and recommend changes to contract/P2P processes to mitigate risks. Engage with suppliers and internal teams to clarify and resolve mismatches before payment processing. Work closely with S2P, compliance, and operational teams to notify, address, and resolve, any contractual issues and instances of non-compliance. Prepare periodic detailed reports on the status of Invoice Validation, compliance rates and any identified issues, leveraging insights from AI analytics. Maintain comprehensive documentation of invoice validations, exceptions, approvals, and resolutions.  **Continuous Improvement:**   Contribute to documentation of invoice validation processes, workflows, and escalation protocols. Suggest and implement improvements to the monitoring process, including the adoption of new AI technologies or ways of working to enhance efficiency and effectiveness. Contribute to (i) identify gaps in current practices and suggest enhancements for control and efficiency, (ii) the re-assessment of best Invoice validation solutions to maintain best-in-class contract oversight and performance monitoring. Contribute to the development of a robust set of Contract Excellence analytics.  **About you:** + **Experience:** 4+ years of experience in contract obligations management focused on invoice validation. + **Technical and Soft skills:** Strong analytics skills with the ability to collect, organize, analyse, and disseminate information with attention to detail and accuracy. Results-oriented and autonomous, with strong problem-solving skills; ability to drive operational excellence through data-driven insights. Effective verbal and written communication and interpersonal abilities. + **Education:** A BA/BS degree in Legal, Finance, or other business discipline. + **Languages:** Fluent in English (spoken and written). **Preferred Skills:** + Experience in healthcare and/or life-science industry. + Experience in accounting / P2P processes. Experience in contract management and/or vendor management. + Experience using contract management software (preferably AI-powered Obligation Management/CLM tools), and Microsoft Office Suite. Knowledge of other obligations management modules (e.g. Service Levels ; Collaboration). + Global or international experience and ability to work with a diverse team. + Experience working in a matrixed international environment. + Multilingual, e.g. French, Spanish (verbal and written). **Pursue** **_progress_** **, discover** **_extraordinary_** Better is out there. Better medications, better outcomes, better science. But progress doesn’t happen without people – people from different backgrounds, in different locations, doing different roles, all united by one thing: a desire to make miracles happen. So, let’s be those people. At Sanofi, we provide equal opportunities to all regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, ability or gender identity. Watch our ALL IN video (https://www.youtube.com/watch?v=SkpDBZ-CJKw&t=67s) and check out our Diversity Equity and Inclusion actions at sanofi.com (https://www.sanofi.com/en/our-responsibility/equality-and-inclusiveness) ! Global Terms & Conditions and Data Privacy Statement (https://www.sanofi.com/en/careers/global-terms-and-conditions/) Sanofi is dedicated to supporting people through their health challenges. We are a global biopharmaceutical company focused on human health. We prevent illness with vaccines, provide innovative treatments to fight pain and ease suffering. We stand by the few who suffer from rare diseases and the millions with long-term chronic conditions. With more than 100,000 people in 100 countries, Sanofi is transforming scientific innovation into healthcare solutions around the globe. Discover more about us visiting www.sanofi.com or via our movie We are Sanofi (https://youtu.be/96EwNjb1TLo) As an organization, we change the practice of medicine; reinvent the way we work; and enable people to be their best versions in career and life. We are constantly moving and growing, making sure our people grow with us. Our working environment helps us build a dynamic and inclusive workplace operating on trust and respect and allows employees to live the life they want to live. All in for Diversity, Equity and Inclusion at Sanofi - YouTube (http://www.youtube.com/watch?v=SkpDBZ-CJKw&t=2s)
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