Monish Tanna
Head of Treasury (CHC India), Sanofi
Professional Overview
Monish Tanna is an experienced treasury professional with over 12 years of expertise in the pharmaceutical and chemical industries. As the Head of Treasury (CHC India) at Sanofi, he oversees all treasury operations and financial risk management strategies for the company's consumer healthcare division in India. Monish's deep understanding of treasury management, cash flow optimization, and corporate finance allows him to drive operational efficiency and ensure financial stability for the organization.
Experience Summary
Current Role
Head of Treasury (CHC India), Sanofi (2024-05-01 to Present)
- Responsible for managing the treasury operations, including cash management, liquidity planning, and foreign exchange risk management for Sanofi's consumer healthcare division in India
- Implemented a centralized treasury system that improved working capital efficiency by 15% and reduced foreign exchange losses by 20%
- Spearheaded the development of a comprehensive financial risk management framework, ensuring the company's compliance with regulatory requirements and best practices
Career Progression
- Treasury Manager, Sanofi (2020-02-01 to 2024-05-01)
- Managed a team of treasury analysts and successfully streamlined treasury processes, resulting in a 30% reduction in transaction processing time
- Played a key role in the integration of treasury functions following Sanofi's acquisition of a regional pharmaceutical company
- Deputy Manager - Treasury, BASF (2015-10-01 to 2020-01-01)
- Optimized the company's cash management practices, leading to a 12% improvement in the cash conversion cycle
- Implemented a centralized treasury management system, enhancing visibility and control over the organization's global cash and liquidity positions
- Assistant Manager - Treasury, Star India (2014-06-01 to 2015-09-01)
- Managed the daily treasury operations, including cash forecasting, foreign exchange transactions, and working capital management
Academic Background
- Master of Business Administration, Finance, University of Mumbai
- Bachelor of Commerce, Accounting, University of Mumbai
Areas of Expertise
- Treasury management and cash flow optimization
- Financial risk management and hedging strategies
- Corporate finance and capital structure management
- Mergers and acquisitions integration
- Financial reporting and regulatory compliance
Professional Impact
- Recognized as a thought leader in the treasury management space, frequently invited to speak at industry conferences and webinars
- Actively involved in the treasurers' association, serving on the committee for financial risk management best practices
Conclusion
With his proven track record of driving operational excellence and financial stability, Monish Tanna is a strategic and results-oriented treasury professional. In his current role as the Head of Treasury (CHC India) at Sanofi, he continues to leverage his expertise to optimize the company's treasury operations and contribute to the overall financial performance of the organization.