ICT Reporting Finance Manager (Secondment) Brentford, England
Job description
Posted Date: Feb 22 2023
Job Title: ICT Reporting Finance Manager
Location : GSK House
6-9 month Secondment
- GSK House, Brentford
We’re moving towards a more sustainable future with our new headquarters. With better public transport links and proximity to world-class science and technology institutions, we’re excited for our move to the vicinity of Earnshaw Street, London WC1A (“the New HQ”) by end H1 2024.
Job Purpose
The Trading Partner Finance Intercompany Tracking (ICT) team is responsible for tracking and eliminating intercompany profit as well as generating statutory information for the consolidated group accounts. The team provide a global service working across Commercial & Manufacturing entity teams, Corporate Finance and Trading Partner Finance.
The ICT system, used to track inter-company profit through the supply chain, has a significant impact on the integrity of GSK Reported results at Group and Company level, with a value of inter-company profit in the region of £18bn.
The ICT Reporting Manager is responsible for delivering complete, accurate and compliant reporting through the monthly ICT reporting process. This includes the responsibility as global custodian of the actuals process, ensuring full compliance with GSK finance policies and Sarbox controls. The role will manage and oversee the work of a reporting analyst and/or BPO outsourced team members.
Key Responsibilities
This role will provide YOU with the opportunity to lead key activities to progress YOUR career, these responsibilities include some of the following
- Delivery of the Inter-company Profit reporting process, liaising with Corporate Reporting team to agree the month-end timetable of activities and providing global communications on requirements and timings.
- Ensuring monthly review of the completeness and accuracy of global entity volume submissions escalating as appropriate to ensure 100% of submissions are received
- Ensuring appropriate review and approval of all Inter-Company Profit related BISON journals raised by global entities at month end, ensuring journals are appropriately supported and help desk tickets for ICT resolution are raised.
- Ensuring appropriate review and analysis of ICT Clearing Account at month-end, liaising with global Companies and Corporate Reporting to resolve reporting errors and ensure the final balance is within agreed thresholds.
- Delivering full compliance with the controls framework for ICT reporting and with GSK Finance policy and Sarbox controls including the three Key Controls: POS reconciliation, Control account and Clearing account reconciliations.
- Ensuring appropriate global user training and access provisioning. Identifying functional and process developments to ensure the system operates efficiently, accurately and in accordance with the defined Controls Framework
- Delivery of standard approach & framework to managing the ICT impact of all trade route network changes including acquisitions and divestments – ensuring accurate ICT reporting in group and local entity accounts
- Provide leadership & management/oversight of an ICT reporting analyst and/or outsourced BPO team members (Genpact).
- Work with the ICT GPO team to continuously improve the process & system including resolving any functionality and data issues impacting calculation precision & process result.
- Support the ICT Director with ad-hoc requests in respect of broader business objectives.
Why You?
We are looking for professionals with these required skills to achieve our goals
- Qualified Accountant: CIMA / ACCA / ACA or equivalent
- Expert level problem solving ability.
- Excellent communication skills for engaging with global users, customers and senior Stakeholders
- Strong leadership skills
- Knowledge and experience of Supply Chain and inter-company profit systems and processes
- Ability to work across global organisations and influence the business in seeing the wider picture rather than their own interest.
- Strong analytical skills with the ability to review complex supply chain issues and understand the impact on inter-company profit of any changes
- Ability to understand very complex systems and manage this complexity in an organised process
Competencies:
Problem Solving & Innovation
Required to quicky analyse & diagnose errors from a huge and complex data set in a short timeframe during the month end close. Data set includes inputs from 100+ Shippers, 17000+ materials, 200+ markets,100+ company codes.- Errors must be prioritised and resolved through clear communication & influencing of the right stakeholders during the month end close and/or later where follow up is required.
- Errors can result from incorrect data, system issues or incorrect accounting.
- Multiple issues must be managed to resolution in parallel.
- Short term solutions must be found for monthly reported results as well as long term solutions through process or system improvements
Interaction
- Regular interaction with global GSK teams and senior stakeholders including Commercial & Manufacturing entity teams, Corporate Reporting. The system has 15000+ user-roles worldwide
- Manages senior stakeholders across the Business and Corporate teams
- Network changes can be highly complex involving multiple stakeholders & functions and are often subject to confidentiality restrictions in early stages.
- Oversight of BPO (Genpact)
Impact
- Ability to quickly reach consensus with key stakeholders on financial reporting for complex items that may be material to the Group accounts (statutory & management)
Multi-Cultural Requirements
Issues may arise in any entity globally requiring the ability to co-operate & align with the relevant stakeholders for that country/market/hub
Why GSK?
GSK is a global biopharma company with a special purpose – to unite science, technology and talent to get ahead of disease together – so we can positively impact the health of billions of people and deliver stronger, more sustainable shareholder returns – as an organisation where people can thrive. Getting ahead means preventing disease as well as treating it, and we aim to impact the health of 2.5 billion people around the world in the next 10 years.
Our success absolutely depends on our people. While getting ahead of disease together is about our ambition for patients and shareholders, it’s also about making GSK a place where people can thrive. We want GSK to be a place where people feel inspired, encouraged and challenged to be the best they can be. A place where they can be themselves – feeling welcome, valued and included. Where they can keep growing and look after their wellbeing. So, if you share our ambition, join us at this exciting moment in our journey to get Ahead Together.
GSK is a global biopharma company with a special purpose – to unite science, technology and talent to get ahead of disease together – so we can positively impact the health of billions of people and deliver stronger, more sustainable shareholder returns – as an organisation where people can thrive. Getting ahead means preventing disease as well as treating it, and we aim to impact the health of 2.5 billion people around the world in the next 10 years.
Our success absolutely depends on our people. While getting ahead of disease together is about our ambition for patients and shareholders, it’s also about making GSK a place where people can thrive. We want GSK to be a workplace where everyone can feel a sense of belonging and thrive as set out in our Equal and Inclusive Treatment of Employees policy. We’re committed to being more proactive at all levels so that our workforce reflects the communities we work and hire in, and our GSK leadership reflects our GSK workforce.
As an Equal Opportunity Employer, we are open to all talent. In the US, we also adhere to Affirmative Action principles. This ensures that all qualified applicants will receive equal consideration for employment without regard to neurodiversity, race/ethnicity, colour, national origin, religion, gender, pregnancy, marital status, sexual orientation, gender identity/expression, age, disability, genetic information, military service, covered/protected veteran status or any other federal, state or local protected class*(*US only).
We believe in an agile working culture for all our roles. If flexibility is important to you, we encourage you to explore with our hiring team what the opportunities are.
Should you require any adjustments to our process to assist you in demonstrating your strengths and capabilities contact us on [email protected] or 0808 234 4391. Please note should your enquiry not relate to adjustments, we will not be able to support you through these channels
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