Head of In-Country Shared Services at GlaxoSmithKline Consumer Nigeria Plc
Employment Nigeria
08-Sep-2017
LAGOS ,
Pharmaceutical
GlaxoSmithKline (GSK) a leading pharmaceutical and healthcare company
POSITION : Head of In-Country Shared Services
DESCRIPTION
- 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
- 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.
- Interface with GMS finance team to achieve financial and management reporting
Responsibilities
- 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
- 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
- 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
- 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
- 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
- Candidates should possess Bachelors degree
Qualifications:
- 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.)
- Strong leadership & influencing skills
- Ability to handle sensitivity/ confidentiality levels appropriately
- Analytical mind
- Customer focus and sense of urgency
Sorry the application deadline for this job has elapsed
