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  • Posted: Mar 17, 2017
    Deadline: Not specified
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    GlaxoSmithKline plc (GSK) is a British multinational pharmaceutical, biologics, vaccines and consumer healthcare company which has its headquarters in Brentford, London. As of March 2014, it was the world's sixth-largest pharmaceutical company after Johnson & Johnson, Novartis, Hoffmann-La Roche, Pfizer, and Sanofi, measured by 2013 revenue. The company ...
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    Finance Manager GMS

    Requisition ID: WD111585
    Location: Agbara, Ogun
    Functional area: Finance
    Relocation: Not Indicated

    Job Summary

    • To do financial accounting of transactions in line with local entity accounting policies, prepare monthly financial data, complete month end accounting, prepare monthly schedules & various control account reconciliations. 
    • To Assist Finance Controller in routine accounting transactions in the Department.

    Job Description

    • Consolidate financial accounting of all commercial transactions at Site in compliance with financial & accounting policies issued by entity Head Office finance.
    • Plan and implement actions for proper accounts closing every month & do proper reporting for Inventory, Employment cost, Insurance, MIS, Schedules, and other reports every month/quarter/year as per timetables defined by Head Office.
    • Organize the local timetables, data requirements, analysis and review of all financial exercises including Annual Plans, periodic forecast and monthly actual reporting.
    • Co-ordinate the preparation and presentation of 3/1 Plan, Standard Cost and other financial plans.
    • Monitor, report and recommend remedial actions on deviations from plan and standards in the areas of production performance, overheads expenditure, capital expenditure and working capital
    • Ensure Inventory Controls at Receipt, Issue & Consumption points. Assist warehouse in preparing correct SOPs and ensure that SOPs are in place & in use.
    • Supervise proper accounting of any potential write off / write back so as to ensure true financial position at any point in time. Keep audit trail of documents.
    • Provide training to users on usage of correct codes in Non Inventory Purchase Process system.
    • Checking with account payable on payment status on weekly basis and ensure 0% delay in payment to vendors.
    • Checking of Supplier Suspense account on regular basis & clear all outstanding import materials transactions on regular basis
    • Check for VAT account & ensure VAT credit availment where ever applicable.
    • Liaise with Statutory and internal auditors to ensure smooth and nil observation Audit.
    • Prepare Insurance incident reports and liaise with Head of Function for filling Insurance Claims as at when required. Follow up for the outstanding claims & ensure proper accounting.
    • Ensure all company property is covered for risk as per GSK Policy and try to find ways/means to optimized Insurance premium pay out Vs claim filed.
    • Ensure booking of overheads in correct codes & as per the budgets
    • Checking of Scrap sales and ensure compliance with existing policy on disposal of current & fixed assets.
    • Verification of Non Inventory Purchase Process-OPEN Receipt transactions.
    • Department coordinator for EHS and Quality.
    • Provide Decision Support analysis and counsel to the Finance Controller for all strategic site initiatives in partnership with all key functions with the site and Head Office.
    • Work as a back fill and control the department activities in the absence of Finance Controller
    • Drive and Support Operational Excellence in GMS for achieving Cost reduction, complexity reduction and operational efficiencies. Validate & report financial savings of OE as per GMS guidelines.
    • Comply with GSK & Local Record retention policy
    • Comply with EHS Policy & Quality Policy.
    • Do efforts towards site mission statement.

    Basic Qualifications

    • Qualified Chartered Accountant (ACA, CIMA, CFA)
    • Around 10-12 years of Post Qualification working experience in areas of Finance, Cost Management.
    • Exposure in Enterprise Resource Planning and online working environments.
    • Proficient use of the Microsoft Office tools.
    • Sound knowledge of Cost accounting and cost management tools and techniques.
    • Possess strong analytical skills & commercial acumen
    • Required Degrees: Bachelors

    Preferred Qualifications:

    • Ability to meet deadlines.
    • Apt communication skills for effective presentation of analytical results and driving decisions.
    • Ability to think "Out of the Box"
    • Be pro-active and drive changes.
    • Team Player & should possess good inter personal skills.

    Method of Application

    Interested and qualified? Go to GlaxoSmithKline on careers.peopleclick.com to apply

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