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  • Posted: Aug 2, 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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    Head of In-Country Shared Services

    Requisition ID: WD133393
    Location: Lagos
    Job Title: Full time
    Functional area: Finance
    Relocation: Not Indicated

    Job Scope: Includes (P2P , O2C , R2R and Treasury)

    • To plan, direct and coordinate finance services functions of GSK entities covering treasury management, inventory management, account receivables, accounts payable, fixed assets management, payroll and financial reporting.
    • To ensure adequate financial and management controls are in place to support the GSK entities in Nigeria.
    • Support the commercial ambition of the business via cross functional engagement to drive business growth, profitability and create value for stakeholders
    • Manage regulatory agencies - FIRS, SIRS, SEC, NSE and other affiliate agencies
    • Develop and document business processes and accounting policies to maintain and strengthen internal controls
    • Support the commercial risk management process by identifying and reviewing potential finance risk exposures and making recommendations to minimise cost or damage should a loss occur
    • Interface with GMS finance team to achieve financial and management reporting

    Key Responsibilities
    Financial Reporting & Compliance:

    • To develop, short, medium and long term strategic plans for financial reporting and drive compliance to achieve
    • Provision of accurate and complete monthly financial statements and other management reports in line with GSK defined guidelines and stipulations of IFRS
    • Support the production of the quarterly financial statements for presentation to the Board of Directors and publication in line with guidelines of SEC, NSE and Financial Reporting Council Nigeria
    • Conduct periodic audits
    • Provision of advisory services to the business on matters of corporate governance, corporate financial reporting and disclosure requirements
    • Effective management of tax compliance with the laws of the federation Nigeria governing tax administration and payments
    • Development of policies and SOPs to support proper running of the business and safeguard assets of the companies
    • Proper accounting and management of the fixed assets of the GSK entities to ensure accuracy and completeness
    • Ensure adequacy and correctness of management responses to management control reports issued by external auditors from time to time
    • Proper control over bank reconciliations and governance
    • Review of financial statement and disclosures

    Treasury management:

    • Manage working capital to support business growth and expansion objectives as may be set from time to time.
    • To ensure good governance and compliance with financial treasury requirement of the group
    • To ensure the banking relationship are maintained and well managed
    • Explore opportunities to invest surplus cash and obtain cash requirements at lowest cost possible

    Inventory & Fixed Asset Management:

    • Management IPT reporting
    • Stock taking and reporting
    • Ensure compliance with policies and improve the control environment on a continuous basis

    Accounts Receivables/Payroll:

    • Drive compliance with credit control policy and reduce incidence of bad debt and expensive debt administration costs
    • Ensure internal check of payroll input is adequate to guarantee completeness and data integrity
    • Ensure sales are recorded correctly

    Accounts Payable:

    • Ensure timely payment of vendor and intercompany obligations.
    • Develop integrity of payment process to ensure error proof payment system is in place.

    Risk Management:

    • Finance risk identification, assessment, & evaluation.
    • Tracking & reporting of identified risk in line with Group policies management recommendations and
    • Effective management of insurance portfolio of GSK entities and relationships with Insurance brokers
    • Providing support, education and training to staff to build risk awareness within the organisation

    Leadership and People Management:

    • Manage a team of 14 direct reports
    • Identifying development needs during performance reviews
    • Recruitment of right mix of staff
    • Constructive feedback to enhance performance
    • Coaching and mentoring as required.

    Basic Qualifications

    • Qualified Accountant , 7-10 years' experience in Finance or accounting-related function
    • Past experience within a Finance Shared Service function
    • Membership of professional bodies, ACA, ACCA, CITN
    • Strong ERP exposure
    • Proactive , self motivated and capable of working in a complex and challenging environment
    • Strong interpersonal, communication and influencing skills
    • Proven ability to create commercial analyses and translate findings into strategic recommendations
    • Experience within FMCG environment
    • Candidates should possess Bachelors degree

    Preferred Qualifications:

    • Strong leadership & influencing skills
    • Ability to handle sensitivity/ confidentiality levels appropriately
    • Analytical mind
    • Customer focus and sense of urgency
    • Ability to identify and implement process improvement
    • Internal controls & risk management appreciation
    • Understanding of GSK systems and processes as they affect financial results and forecasts (JDE, Future View etc.)

    Method of Application

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

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