Not specified
Requisition ID: WD173187 Location: Nigeria Position: Full time Functional area: Finance Relocation: Not Indicated Job Purpose
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 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 SB14 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.
Manage and create team motivation:
Identifying development needs during performance reviews
Recruitment of right mix of staff
Constructive feedback to enhance performance
Coaching and mentoring as required
Complexity:
Responsibilities cover coordination of all financial transactional activities and other departments (Marketing, Distribution, Sales, Administration, Production, IT) within GSK entities in Nigeria
Manage strategic alliances between GSK Nigeria and its suppliers of goods and services, local regulatory agencies and other GSK sites
Requirements Basic qualification:
Qualified Accountant
Required degree: Bachelors
Work Experience:
7-10 years’ experience in Finance or accounting-related 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.
FMCG commercial awareness.
Apply via :
https://www.myjobmag.com/job/102194/head-of-in-country-shared-services-glaxosmithkline