Michael Tolpa

Michael Tolpa

Associate Vice President and Treasurer, North America @Sanofi

New York, NY, US
EMAILS
m••••••••@sanofi-aventis.com
MOBILE NUMBERS
+18•••••••49

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WORK HISTORY

May 2015 — Present

Associate Vice President and Treasurer, North America @Sanofi

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New York, NY, US

Responsible for the Cash Management, Treasury Internal Controls, Foreign Exchange and Forecasting Cash Flow, as well as the optimization of working capital.Lead RFP for Supply Chain Financing Program, Merchant Services, Gateway provider and Bank Fee Analyzer software.Stabilized and built a high effective treasury team.Implemented a robust cash flow forecasting process with ownership and accountability in the businesses; new tools were developed to assist the business converting the P&L into a cash flow forecast.Implemented an in-house bank and pay on behalf of (POBO) structure bring efficiency with cash management and internal processes.Partnered with the business to develop models to reflect changes in WAC and impacts to cash Flow Regional Sponsor for Treasury Core Model (SAP Treasury module) implementation is ongoing.

EDUCATION

1984 — 1986

Monroe Community College

Associate of Science (AS), Accounting

1986 — 1988

State University of New York at Fredonia

BS, Accounting

SKILLS

CashUs GaapTreasury ManagementIfrsVariance AnalysisCash Flow ForecastingRisk ManagementForeign Exchange ManagementCost AccountingCash FlowTreasuryBusiness Process ImprovementMergers & AcquisitionsConsolidationHedgingU.s. Generally Accepted Accounting Principles (Gaap)Hedge AccountingCash ManagementCorporate FinanceFinancial AnalysisFinancial AuditsInternational Financial Reporting Standards (Ifrs)Internal ControlsWorking Capital ManagementTrade FinanceFx HedgingForecastingManagerial FinanceProcess ImprovementTaxFinancial ReportingForeign ExchangeProject Finance

ABOUT MICHAEL TOLPA

Associate Vice President and Treasurer, North America at Sanofi

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