Purchase to Pay Accountant at GlaxoSmithKline

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Purchase to Pay Accountant at GlaxoSmithKline – TDPel Jobs

GlaxoSmithKline plc (GSK) is a British multinational pharmaceutical, biologics, vaccines and consumer healthcare company which has its headquarters in Brentford, London. As of March 2014, it was the world’s sixth-largest pharmaceutical company after Johnson & Johnson, Novartis, Hoffmann-La Roche, Pfizer, and Sanofi, measured by 2013 revenue. The company was established in 2000 by the merger of Glaxo Wellcome (formed from the acquisition of Wellcome plc by Glaxo plc) and SmithKline Beecham plc (formed from the merger of Beecham Group plc and SmithKline Beckman Corporation, which in turn was formed by combining the Smith, Kline & French and Beckman companies).

The company has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. As of 2 May 2014 it had a market capitalisation of £79 billion, the fourth-largest of any company listed on the London Stock Exchange. It has a secondary listing on the New York Stock Exchange. Andrew Witty has been the chief executive officer since May 2008.

GSK manufactures drugs and vaccines for major disease areas such as asthma, cancer, infections, diabetes, digestive and mental health conditions, the biggest selling of which were Advair, Avodart, Flovent, Augmentin, Lovaza, and Lamictal in 2013.[1]:32 Many medicines were historically discovered or developed at GSK and its predecessor companies and are now sold as generics. Its drugs and vaccines earned £21.3 billion in 2013. Its consumer healthcare division, which earned £5.2 billion in 2013, sells oral healthcare and nutritional products, drinks and over-the-counter medicines, including Sensodyne, Boost and Horlicks.

In July 2012 GSK pleaded guilty to criminal charges and agreed to a pay $3 billion to settle the criminal charges as well as civil qui tam lawsuits in the largest settlement paid by a drug company at the time. The criminal charges were for promoting Paxil and Wellbutrin for unapproved uses and failing to report safety data about Avandia; GSK paid $1 billion to settle the criminal charges. The remaining $2 billion were part of the civil settlement over unapproved promotion and paying kickbacks, making false statements concerning the safety of Avandia; and reporting false prices to Medicaid. GSK also signed an agreement which obligated it to make major changes to the way it did business.

On December 17, 2013, GSK announced that it would stop paying professionals for speaking at medical conferences. The company stated that it would still pay fees to doctors for functions it regards as critical to obtaining insights into specific diseases, including performing company sponsored clinical trials, scientific advisory services, and market research.

GlaxoSmithKline received top ranking among international pharmaceutical companies in the Access to Medicines Index in 2010, 2012 and 2014. In 2014 the company applied for regulatory approval for the first vaccine against malaria. The vaccine was developed as a joint project with the PATH vaccines initiative and the Bill and Melinda Gates Foundation. The company has committed to make the vaccine available in developing countries for a price set at 5% above the cost of production.Ref No: 292546
Location: Ilupeju, Lagos

Job Purpose

Timely processing of suppliers’ invoices to ensure prompt generation of payment and monthly reconciliation of suppliers’ accounts.
Timely processing and reporting of staff claim and staff expense retirement to ensure full compliance to GSK Commercial practice and Codes of Conduct on Anti Bribery & Corruption.

Scope:

Role will support GSK Nigeria entities;  Cx, Rx  and Gms

Essential Job Responsibilities

Processing of suppliers’ invoices for payment as at when due.
Ensuring invoices are properly recorded in the ERP and timely processed.
Liaising with GMS Procurement and Warehouse on Goods Inward Notes relating to raw materials and Packaging to facilitate prompt payment of customers or suppliers.
Customer services to suppliers involving giving them the update of their accounts with GSK and particularly reconciling accounts.
Monthly Circularization and reconciliation of suppliers accounts.
Ensuring prompt settlement of all statutory liablities; WHT, PAYE,  VAT ,Pension etc.
Monthly Balance sheet reporting exercise through timely preparation of schedules.
Weekly generation of payment for suppliers.
Providing payments details to suppliers on paid invoices.
Responsible for daily and monthly analysis of T & E accounts with follow up on outstanding balances.
Ensures 100% backend monitoring of the T&E.
Ensuring full adherence to Global Travel & Expense Policy and Local T & E Supplement through the review of staff expense statement in line with Policy.
Providing monthly reports and statements on T & E analysis to each HODs .
Supporting HR Payroll unit in staff exist balance confirmation and monthly staff salary deduction process.
Generate Payment list for out-of pocket expenses made by staff
Preparation of T&E accruals for un retired expense claims on monthly basis to support accurate management reporting
Responsible for administering the Citi card policy requirements as it relates to card issuance and usage.
Liaison with Treasury and Citibank to ensure that GSK issued corporates cards are adequately funded monthly
Monitor adherence to card limits on Citi card platform and implement changes as approved
Act as intermediary in resolution of staff profile issues on the Citi card admin platform.
Provide customer services support to all employees giving them monthly update of staff card account and particularly reconciling accounts
Follow up on outstanding issues on Bank reconciliations as it relates to Payables and T & E settlement
Support the development of a robust internal control framework through;

Participation in Management Monitoring reviews, ICFW controls,
Prompt response to and closure of identified CAPA’s in areas under own responsibility
Delivering records management compliance for unit and records under custody

Any other assignment from time to time.

Qualifications

B.Sc or HND in Accounting or related field
Minimum of three years relevant previous experience in payables
Professional  qualification will be an added advantage.

Knowledge:

Exposure to SAP concerning payables or other relevant accounting package.
Understanding of  IFRS.

Complexity:

Customer focus and sense of urgency.
Good interpersonal and analytical skills.
Good communication skills.
Ability to work under pressure and with minimum supervision.
Always eager to accept responsibilities.
A team player and value creator.
Click Here To Apply And Details

The post Purchase to Pay Accountant at GlaxoSmithKline appeared first on TDPel News - News, Interviews, Events.