Senior Financial Analyst - BIP

Job Purpose:

The Sr. Financial Analyst - Banking, Insurance, Payroll (BIP) is responsible for support in month-end GL (general ledger) Business Banking, Treasury, Insurance and Payroll (BIP) closing activities and financial reporting of Market’s results. Support in the preparation and review of Balance Sheet reconciliations. Ensuring allocated tasks are completed timely and accurately in a strong control environment. The role helps to deliver the Finance vision of a “world class finance function recognized by industry, the profession and our people” which underpins the GSK vision.

Sufficient financial acumen to ensure that postings to the financial statements are reasonable and accurate. The role also needs to be able to accurately implement controls & compliance.

Key Responsibilities

Banking

• Daily monitoring of bank balances, responsible for reporting daily cash positioning to relevant stakeholders
• Responsible for managing data inputs for reporting of company’s cashflow projections (as and when required)
• Recording of SAP BIP related entries through FEBAN interface on daily basis
• Running daily and monthly controls related to cash at bank (Performing ICFW controls, act as Control champion).
• Perform Bank Reconciliation exercise on a fortnightly basis and to coordinate with various stakeholders for timely recording of unrecorded transactions.
• To ensure that all BIP related documents are secured in shared drive and will be responsible of complete record keeping. 
• Responsible for managing bank operations which includes opening / closing of bank accounts, addition / deletion of authorized signatories, coordination for banking mandates / resolutions updates.
• Manage banking facilities (Intercompany loans, overdraft facility, Bank Guarantees etc.).
• Coordinating between P2P, HR, LOC, Corporate Treasury, Insurance brokers and Local Banks in any related issues
• Performing monthly BIP related accounting journals
• Responsible for month-end-closing process for BIP domain
• Ensure compliance to Regional / Global Finance Hub policies, local Company legal and statutory requirements.
• Ensure Key Performance Indicators (KPIs) are met on time and with accuracy.
• Operationally performing activities as well as supporting and leading a small team of Analyst(s). Role reporting into the Finance Manager - BIP.
• Support in projects and other ad-hoc activities:
• Support dividend payment process / related cash flow analysis & forecasting.
• Participate in any compliance audits and respond to audit queries.
• Other activities related to BIP, Service Delivery, Controllership / Reporting activities.

Insurance

• Coordination with Corporate Insurance Risk Management (CIRM) team for providing sufficient information regarding renewal of insurance policy.
• To coordinate with P2P team for timely payment of insurance premium
• To coordinate with Insurance broker, business unit in case of any insurance claim arise.

Payroll

• Coordination with the Bank and Payroll team on the smooth transactions from the Bank
• To be focal point for execution of payroll transaction on monthly basis
• To be responsible for recording all payrolls related entries in SAP.
• Managing Payroll issues by coordinating HR, LOC, and Bank.

Education, Experience and Skills:

• Bachelor’s or Master’s degree in related field (Business, Finance), ACCA or equivalent.
• 2- 4 years of experience is required for this role.
• Excellent data accuracy skills, eye for detail, and commitment to meeting deadlines.
• Pro-actively identify the issues and take actions.
• Strong communicator, both verbally and written, able to clearly explain policies and issues to internal and external customers.

Why GSK?
Uniting science, technology and talent to get ahead of disease together.

GSK is a global biopharma company with a purpose to unite science, technology and talent to get ahead of disease together. We aim to positively impact the health of 2.5 billion people by the end of the decade, as a successful, growing company where people can thrive. We get ahead of disease by preventing and treating it with innovation in specialty medicines and vaccines. We focus on four therapeutic areas: respiratory, immunology and inflammation; oncology; HIV; and infectious diseases – to impact health at scale.

People and patients around the world count on the medicines and vaccines we make, so we’re committed to creating an environment where our people can thrive and focus on what matters most. Our culture of being ambitious for patients, accountable for impact and doing the right thing is the foundation for how, together, we deliver for patients, shareholders and our people.

Contact information:
You may apply for this position online by selecting the Apply now button.

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