Finance Business Partner at GlaxoSmithKline

Requisition ID: WD59066

 Basic qualifications:
BSc Accounting, ACCA/ACA

Preferred qualifications

• Must have strong Microsoft excel skills
• Strong: leadership & influencing skills

Details:
Business Management, Business Partnering and Decision Support

• Driving a process of continuous improvement in business partnering which enhances the understanding of the Executive and Senior Management teams of their key financial performance drivers and business performance issues.
• Support the Sales teams in understanding financial information and assisting with decision making.
• Challenge Business Cases relating to sales activities to ensure accuracy and adequate return on investment.  Monitor such business cases to demonstrate adequate return on investment.
• Support sales function to set and deliver sales targets, collection targets and operating expense targets.
• Ensure that all business risks are incorporated into the over Finance Risk Matrix and develop mitigation plans for any identified gaps.

P&L management

• Provide detailed analysis Sales performance monthly and as required.
• Provide detailed analysis on G2N investment and work closely with the sales function to challenge and improve investment applied.
• Liaise with GMS team to understand COGS and identify opportunities to improve margins.
• Monitor COGS to ensure all variance to standards are escalated and understood.
• Ensure the revenue recognition policy is adhered to.
• Review, monitor and highlight variances. Investigating exceptions and facilitating corrective action.
• Provide sales related accruals/provisions to ensure completeness of month end reporting
• Understand Selling activities and support the team in managing cost control

Budgeting and Forecasting

• Deliver sales elements of the annual planning exercise.
• Participate and challenge assumptions used to develop sales forecast as part of the CMF process.
• Work with various stakeholders in planning strategies and methodologies for the process
• Submit budgets and rolling forecasts in Unison
• Play a key role in the Profit reviews

Reporting and Working Capital Management

• Work closely with the Financial Controller and Finance Director to review Debt and cash collection performance.
• Identify areas to improve working capital management and guide the sales team in development and implementation of initiatives.
• Ensure compliance to International Finance Reporting Standards ( IFRS)
• Timely submission of weekly, monthly and quarterly reports on sales, headcount, WC, NPD, etc

Specialised Knowledge:

• Good interpersonal skills
• Ability to handle sensitivity/ confidentiality levels appropriately
• Analytical mind
• Customer focus and sense of urgency
• Ability to see macro scenarios and beyond numbers
• Ability to identify and implement process improvement