Financial Reporting Specialist (Fixed Term)

At GSK, we're a company with a purpose to help people do more, feel better and live longer. We realise that our purpose starts with us. When we feel at our best, we perform at our best. Therefore, we want all applicants to be able to perform their best throughout the recruitment process.

We will be delighted to hear from talented individuals that align to our values. These are at the heart of everything we do and include: Patient focus, Transparency, Respect, Integrity along with Courage, Accountability, Development, and Teamwork.

When you set out on your adventure at GSK, we make a deal. You commit to living our values and expectations and performing against our Innovation, Performance and Trust priorities. In return, GSK commits to providing the right environment for you to thrive. Together, we build an environment where we can all thrive and focus on what matters most to each of us.

As a  modern employer, we empower you to be yourself, share ideas and work collaboratively.

Financial Reporting Specialist (fixed term)

Currently, we are looking for candidates for a Financial Reporting Specialist who will manage financial compliance of Licensing agreements GSK has entered into, including the royalty and collaboration cost clauses. Please find details below. If you are interested in the role – apply and join our GSK Finance Hub – Europe!

Contract end date: 31.07.2023

The team will work closely with our HQ Finance teams in London.

Key Responsibilities:

• Contract Management - Manage own portfolio of licensing agreements.
• Prepare summaries of royalty contracts.
• Controls - Compliance of contractual financial reporting to 3rd parties and internal compliance with applicable Sarbanes Oxley controls.
• Month end processes - Prepare analysis and journals for monthly royalty accruals, balance sheet reconciliations, commentary, and Sarbanes Oxley control responsibilities.
• Intercompany royalties - Prepare analysis for journals and obtain approval from Tax for inter-company royalties.
• Forecasting and Budgeting - Prepare annual Budget royalty rates for your portfolio of products.
• Relationship Management and Continuous Improvement - Develop business partnership and seek opportunities to drive process improvements and report standardization.

The role may be done 80% remotely (4 days per month in office required).

Why you:

Basic Qualifications and Experience:

• Finance / Economy degree
• Minimum 2-3 years of experience in finance and accounting
• Understanding of accounting concepts such as double entry and accruals
• Awareness of IFRS 
• Excellent organization skills and attention to detail
• Fluent English (minimum C1)

Preferred Qualification:

• SAP experience beneficial – FI Module

What we offer:

• We are a high performing talented team who support our businesses in making the right decisions and driving GSK Finance towards best-in-class
• Career with purpose - whatever it is you’re doing, you’ll be sharing in our mission to improve the quality of human life, by enabling people to do more, feel better and live longer
• Partial or full reimbursement of CIMA and ACCA qualifications costs.
• ACCA Approved Employer at Platinum Level
• CIMA Premier Partner Reward
• Contributing to creation of development strategy for the set financial department
• Leading key projects regarding to set financial area
• Competitive salary, annual bonus plan
• Healthcare benefits (medical care, life insurance, pension scheme, sports card, recreation allowance, social fund, preventive healthcare services)
• Career at one of the leading global healthcare companies
• Supportive & friendly working environment
• Corporate culture based on our values: patient focus, integrity, respect and transparency