Financial Analyst

3 days ago

Karachi, Sindh, Pakistan GlaxoSmithKline Full time
Site Name: Karachi Sky Tower
Posted Date: Apr 3 2025

Job Purpose

The Financial Analyst - Banking, Insurance, Payroll (BIP) is responsible for support in month-end GL (general ledger) Business Banking, Treasury, Insurance and Payroll (BIP) closing activities and financial reporting of Market's results. Support in the preparation and review of Balance Sheet reconciliations. Ensuring allocated tasks are completed timely and accurately in a strong control environment. The role helps to deliver the Finance vision of a "world class finance function recognized by industry, the profession and our people" which underpins the GSK vision.

Sufficient financial acumen to ensure that postings to the financial statements are reasonable and accurate. The role also needs to be able to accurately implement controls & compliance.

Education, Experience & Skills

  • Bachelor's in business administration, Finance or a related field.
  • 1-2 years of experience in treasury and banking operations.
  • Good understanding of banking transactions, and management and financial reconciliation.
  • Strong analytical skills, attention to detail, problem solving abilities and effective communication.

Key Responsibilities

Banking

  • Daily monitoring of bank balances, responsible for reporting daily cash positioning to relevant stakeholders.
  • Responsible for managing data inputs for reporting of company's cashflow projections (as and when required).
  • Recording of SAP BIP related entries through FEBAN interface on daily basis.
  • Running daily and monthly controls related to cash at bank (Performing ICFW controls, act as Control champion).
  • Perform Bank Reconciliation exercise on fortnightly basis and to coordinate with various stakeholders for timely recording of unrecorded transactions.
  • To ensure that all BIP related documents are secured in shared drive and will be responsible for complete record keeping.
  • Responsible for managing bank operations which includes opening / closing of bank accounts, addition / deletion of authorized signatories, coordination for banking mandates / resolutions updates.
  • Manage banking facilities (Intercompany loans, overdraft facility, Bank Guarantees etc.).
  • Coordinating between P2P, HR, LOC, Corporate Treasury, Insurance brokers and Local Banks in any related issues.
  • Performing monthly BIP related accounting journals.
  • Responsible for month-end-closing process for BIP domain.
  • Ensure compliance to Regional / Global Finance Hub policies, local Company legal and statutory requirements.
  • Ensure Key Performance Indicators (KPIs) are met on time and with accuracy.
  • Operationally performing activities as well as supporting and leading a small team of Analyst(s). Role reporting into the Finance Manager - BIP.
  • Support in projects and other ad-hoc activities.
  • Support dividend payment process / related cash flow analysis & forecasting.
  • Participate in any compliance audits and respond to audit queries.
  • Other activities related to BIP, Service Delivery, Controllership / Reporting activities.

Insurance

  • Coordination with Corporate Insurance Risk Management (CIRM) team for providing sufficient information regarding renewal of insurance policy.
  • To coordinate with P2P team for timely payment of insurance premium.
  • To coordinate with Insurance broker, business unit in case of any insurance claim arise.

Payroll

  • Coordination with the Bank and Payroll team on the smooth transactions from the Bank.
  • To be focal point for execution of payroll transaction on monthly basis.
  • To be responsible for recording all payrolls related entries in SAP.
  • Managing Payroll issues by coordinating HR, LOC, and Bank.

Why GSK?

Uniting science, technology and talent to get ahead of disease 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. We prevent and treat disease with vaccines, specialty and general medicines. We focus on the science of the immune system and the use of new platform and data technologies, investing in four core therapeutic areas (infectious diseases, HIV, respiratory/ immunology and oncology).

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.

Contact information:

You may apply for this position online by selecting the Apply now button.

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