Finance Manager

9 month secondment, open to flexible working 

Are you energised by a highly visible finance role that allows you to build partnerships with the business, help influence senior stakeholders.

Are you energised by a highly visible finance role that allows you to build partnerships with the business, help influence senior stakeholders.

As a Finance Partnering Manager in Global Finance at GSK you will be offered a great breadth and depth of opportunity and challenge. Finance provides the partnership, strategic guidance and support services that our business units need to operate efficiently and effectively.

This role will provide YOU the opportunity to lead key activities to progress YOUR career, these responsibilities include some of the following...

  • Provide technical accounting support and advice, prepare accounting approval papers
  • Provide technical accounting guidance and support for newly formed deals and alliances in R&D, including in-licensing, out-licensing, acquisitions, venture funds, divestments and terminations.
  • Prepare accounting papers detailing the accounting treatment required for new or amended deals and alliances.
  • Prepare financial approval papers, including coordination of inputs and approvals from External Reporting, Tax and Treasury, for new deals in R&D.
  • Support acquisitions and integrations as needed, including technical accounting and agreeing mechanics of invoicing, working with External Reporting, Tax and Treasury as well as assisting R&D FDs with setting up of system coding for budget reporting purposes.
  • Provide support for divestments and associated transitional services as well as some complex alliances as needed.
  • Provide ad-hoc accounting advice and support to R&D World Wide Business Development (WWBD) and the R&D Finance community.
  • Support budget and cash forecasting activities for new deals.

Support Corporate and R&D Finance Team Processes and Compliance

  • To be the central point for WWBD for organising and executing payments on deal signature.
  • Manage financial processes and analytical support relating to external alliances including knowledge of deal relationships and various types of contracts to support simplified finance processes.
  • Ad-hoc requests and queries, data provision, etc. for stakeholders.
  • Seek to continually improve Deal Accounting & Alliance Finance team processes and participate in process improvement and simplification projects.
  • Appreciate and adhere to Sarbanes Oxley controls and participate in testing, process and control improvement activities.

Month-End Reporting

  • Month-end reporting: prepare and submit into accounting systems the monthly accounting entries related to relevant deals and alliances, e.g. invoices paid and issued, recognition of payables or receivables for unpaid invoices.
  • Participate in month-end review of alliance related journals, transactions, balance sheet reconciliations, commentary and Sarbanes Oxley control responsibilities.

Outlicensing Income

  • Support the accounting for income related to outlicensing and divestments as well as associated transitional support arrangements.
  • Budgeting and forecasting cash and P&L impacts of income related to outlicensing and divestments, including reporting variances, providing commentary.

VC Funds, Investments in Associates and Joint Ventures and Equity Investments

  • Support accounting for Venture Capital investment arrangements and Investments in Associates and Joint Ventures undertaken by R&D.
  • Provide finance partnering support to WorldWide Business Development in respect of Venture Capital investments funds. Review R&D equity investments each quarter for changes in fair value and account for impairments as necessary.
  • Responsible for reviewing and ensuring completeness of monthly Corporate equity investment schedules and for completing Corporate Secretariat updates.
  • Responsible for updating budgets and forecasts relating to Investments in Associates and Venture Capital investments, as well as for reporting variances and providing commentary.

9 Month Secondment 

Why you?

Basic Qualifications:

We are looking for professionals with these required skills to achieve our goals:

  • Undergraduate degree or equivalent
  • Accounting qualification (e.g. ACA, CIMA, ACCA)
  • Minimum 3 year in finance and/or accounting - ideally "big 4" accounting firm background.
  • Strong technical accounting knowledge
  • Experience of working in an advisory capacity to Finance colleagues and senior management, applying technical knowledge to complex business proposals.
  • Strong Excel skills
  • Strong technical accounting skills: proven solid judgement and track record in applying technical accounting in an advisory capacity to senior leaders.
  • Communication skills and: experience in communicating potentially complex accounting treatments in a simple, understandable and compelling way, including an ability to distil detailed accounting rules into key principles. Must be able to communicate confidently and effectively (verbal and written) with people in a range of disciplines from external auditors and other technical accounting teams to business leaders and non-accountants with very different levels of knowledge and understanding of accounting.
  • Ability to work across boundaries: Stakeholders are based in different locations around the world, and stakeholders are part of different departments and teams in R&D and the wider GSK.
  • Ability to prioritise and work on multiple activities in parallel: The role covers a number of projects and alliances with a number of stakeholders, for whom tasks may need to be completed flexibly rather than according to a perfectly predictable pattern.
  • Driving performance: Not all work performed by this role is subject to a pre-defined review process, especially if the alliances or activities are new. The candidate needs to hold themselves accountable to put measures in place to achieve comfort that the pieces of work prepared are accurate and complete.
  • Driving partnerships: This role partners a number of diverse partners all around R&D and GSK, and the candidate needs to build productive and constructive working relationships with the partners. Almost all stakeholders are more senior that the role itself, usually finance director level, so the candidate needs to be comfortable and have presence in interacting with these stakeholders.
  • Questioning and challenging:

Preferred Qualifications:

If you have the following characteristics, it would be a plus:

  • Education in sciences (e.g. for the undergraduate degree)
  • Business education (e.g. for undergraduate degree, MBA, otherwise)
  • Previous experience with large, complex multi-national companies and/or a matrix structure organisation
  • Previous experience in the Pharma, Biotech, Healthcare or similar industry

Why GSK?

Our values and expectations are at the heart of everything we do and form an important part of our culture.

These include Patient focus, Transparency, Respect, Integrity along with Courage, Accountability, Development, and Teamwork. As GSK focuses on our values and expectations and a culture of innovation, performance, and trust, the successful candidate will demonstrate the following capabilities:

  • Agile and distributed decision-making - using evidence and applying judgement to balance pace, rigour and risk
  • Managing individual and team performance.
  • Committed to delivering high quality results, overcoming challenges, focusing on what matters, execution.
  • Implementing change initiatives and leading change.
  • Sustaining energy and well-being, building resilience in teams.
  • Continuously looking for opportunities to learn, build skills and share learning both internally and externally.
  • Developing people and building a talent pipeline.
  • Translating strategy into action - a compelling narrative, motivating others, setting objectives and delegation.
  • Building strong relationships and collaboration, managing trusted stakeholder relationships internally and externally.
  • Budgeting and forecasting, commercial and financial acumen.

As a company driven by our values of Patient focus, Transparency, Respect and Integrity, we know inclusion and diversity are essential for us to be able to succeed. We want all our colleagues to thrive at GSK bringing their unique experiences, ensuring they feel good and to keep growing their careers. As a candidate for a role, we want you to feel the same way.

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 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.

Please don't hesitate to contact us if you'd like to discuss any adjustments to our process which might help you demonstrate your strengths and capabilities. 

As you apply, we will ask you to share some personal information which is entirely voluntary. We want to have an opportunity to consider a diverse pool of qualified candidates and this information will assist us in meeting that objective and in understanding how well we are doing against our inclusion and diversity ambitions. We would really appreciate it if you could take a few moments to complete it. Rest assured, Hiring Managers do not have access to this information and we will treat your information confidentially.

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