21 January 2021

GSK Finance Internship 2021

 Location: Johannesburg

Description: GSK is seeking a Finance Graduate for the South and Southern Africa business, covering 12. 

Duties: 

  • Responsible for SA and SnA payment process, month-end reporting, assisting with SA and SnA planning activities and all other day to day requirements.
  • To ensure quality financial processes, systems and tools are introduced and maintained to support the businesses cross functional teams.
  • To provide financial support to the annual forecasting and budgeting processes.
  • To provide financial control and monthly analysis of actual results vs budgets and forecasts.

Essential Job Responsibilities:

Payments process

  • Prepare payment packs on a monthly basis, with supporting documents, and timeously submit to the Commercial Finance Partner for authorization.
  • Pro-actively follow up with distributors, regarding outstanding documents.
  • Prepare GL postings which correctly reflect the nature of the transaction for completed payments and timeously submit to the Finance Shared Services team.
  • Prepare remittance advices for all payments made to distributors.
  • Maintain filing of relevant documents.
  • Set-up process for the monthly reconciliation of creditor balances and perform monthly distributor reconciliations.

Month-end reporting

  • Preparation of monthly Aspen journals including sales recon.
  • Preparation of monthly headcount report.
  • Preparation of the Advertising & Promotion (A&P) expense tracker and the Opex tracker on a monthly basis
  • Submission of HCP reporting on a quarterly basis.
  • Assist with commentary for the monthly analysis of Opex.
  • Assist with IPT responsibilities.
  • Forecasting and budgeting process.
  • Assist the SA Finance business partner with the monthly forecasting and annual budgeting of headcount, capex and depreciation of new capex.

Compliance

  • Ensure that there are SOPs / Knowledge Documents to support the systems and processes.
  • Completion and acknowledgement of relevant SOP’s and e-learning.
  • Perform L1 and L2 testing as required by the annual testing plan requirements and compile reports which document the procedure and outcomes of testing performed.

General

  • Maintain selling prices in JDE.
  • Prepare and participate in adhoc analysis and projects as required.
  • Ensure adequate systems and processes are in place.
  • Support commercial projects from Emerging Markets perspective.
  • Develop an in-depth knowledge of the local business, the industry and competitors in the industry.
  • Develop an established network within the commercial teams and greater organisation.
  • Provide information and assist with internal and external audits.
  • Assist Commercial Finance partner in managing risks noted on the Risk register.
  • Live the GSK values of integrity, transparency, customer first and respect.

Qualifications: 

  • Minimum Bcom (Accounting) , Preferably completing CIMA qualification.
  • Extensive experience in MS Office (Good working knowledge of Excel).

Job Factors: 

  • Ability to work in a fast paced environment and deliver timeously on deadlines.
  • Ability to grasp concepts quickly and take ownership for own learning.
  • Display initiative by proactively seeking solutions to challenges.
  • Must be able to work overtime as and when required.
  • Good written and spoken English.
  • Portuguese and French beneficial (not required)

Knowledge:

  • Understanding of Financial and Management Accounting concepts.
  • Knowledge of foreign currency payments.
  • Knowledge of IFRS (International Financial Reporting Standards).

Complexity:

  • The role complexity is medium.

Independent Thinking: 

  • The role requires a person to be able to think and problem solve independently requesting guidance from their manager when required.

Responsibility:

  • Support to the work of others -  provide examples of work done that is essential to the work of other parties. 
  • Impact on Market Status - describe the actions that help secure strongly competitive market positions for GSK products - typically applicable to sales, marketing and regulatory positions. 

Line Leadership and Capital Assets

  • The incumbent will be responsible for preparing payment requisitions in line with the internal process for the various markets as well as providing assistance with month-end reporting and planning responsibilities. The graduate will be required to contribute to compliance testing and requirements.
  • Responsible for assisting with portions of the planning process within the company with the other business partners and commercial business.

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