GlaxoSmithKlinemission is to improve the quality of human life by enabling people to do more, feel better and live longer. Our three world-leading businesses research and deliver innovative medicines, vaccines and consumer healthcare products. We need a talented and motivated workforce to deliver against our strategy. To achieve this, we strive to attract the best people and to create an environment that empowers and inspires.
- Requisition ID: WD192458
- Position: Full time
- Functional area: Finance
- Location:
Bryanston,Gauteng - Required degrees: Bachelors
- Relocation: No
Job Purpose:
Supports the Finance team with general finance responsibilities as detailed below.
Scope:
– Serve as Finance Graduate for the South and Souther Africa business, covering 12.
–
Responsible for SA and SnA payment process, month-end reporting,
assisting with SA and SnA planning activities and all other day to day
requirements.
– To ensure quality financial processes, systems and
tools are introduced and maintained to support the businesses cross
functional teams.
– To provide financial support to the annual forecasting and budgeting processes.
– To provide financial control and monthly analysis of actual results vs budgets and forecasts.
Essential Job Responsibilities:
1. Payments process
–
Prepare payment packs on a monthly basis, with supporting documents,
and timeously submit to the Commercial Finance Partner for
authorization.
– Pro-actively follow up with distributors, regarding outstanding documents.
–
Prepare GL postings which correctly reflect the nature of the
transaction for completed payments and timeously submit to the Finance
Shared Services team.
– Prepare remittance advices for all payments made to distributors.
– Maintain filing of relevant documents.
– Set-up process for the monthly reconciliation of creditor balances and perform monthly distributor reconciliations.
2. Month-end reporting
– Preparation of monthly Aspen journals including sales recon.
– Preparation of monthly headcount report.
– Preparation of the Advertising & Promotion (A&P) expense tracker and the Opex tracker on a monthly basis
– Submission of HCP reporting on a quarterly basis.
– Assist with commentary for the monthly analysis of Opex.
– Assist with IPT responsibilities.
3. Forecasting and budgeting process
–
Assist the SA Finance business partner with the monthly forecasting and
annual budgeting of headcount, capex and depreciation of new capex.
4. Compliance
– Ensure that there are SOPs / Knowledge Documents to support the systems and processes.
– Completion and acknowledgement of relevant SOP’s and e-learning
–
Perform L1 and L2 testing as required by the annual testing plan
requirements and compile reports which document the procedure and
outcomes of testing performed.
5. General
– Maintain selling prices in JDE
– Prepare and participate in adhoc analysis and projects as required.
– Ensure adequate systems and processes are in place.
– Support commercial projects from Emerging Markets perspective.
– Develop an in-depth knowledge of the local business, the industry and competitors in the industry.
– Develop an established network within the commercial teams and greater organisation.
– Provide information and assist with internal and external audits.
– Assist Commercial Finance partner in managing risks noted on the Risk register.
– Live the GSK values of integrity, transparency, customer first and respect.
Basic qualifications:
– Minimum Bcom (Accounting) , Preferably completing CIMA qualification
– Extensive experience in MS Office (Good working knowledge of Excel)
Job Factors:
-Ability to work in a fast paced environment and deliver timeously on deadlines
-Ability to grasp concepts quickly and take ownership for own learning
– Display initiative by proactively seeking solutions to challenges
– Must be able to work overtime as and when required
-Good written and spoken English
-Portuguese and French beneficial (not required)
Knowledge:
-Understanding of Financial and Management Accounting concepts
-Knowledge of foreign currency payments
-Knowledge of IFRS (International Financial Reporting Standards)
Complexity:
The role complexity is medium.
Independent Thinking:
The
role requires a person to be able to think and problem solve
independently requesting guidance from their manager when required.
Responsibility:
The
incumbent will be responsible for preparing payment requisitions in
line with the internal process for the various markets as well as
providing assistance with month-end reporting and planning
responsibilities. The graduate will be required to contribute to
compliance testing and requirements.
Annual Strategic Planning:
Responsible for assisting with portions of the planning process within the company with the other business partners and commercial business.
For More Information:
Visit the Official Webpage of the GSK Finance Graduate Programme 2018