Job description Posted 19 November 2020

Corporate Finance Manager (Mergers, Acquisitions & Divestments)

GSK House/Remote

Contract until end of April

Pay: up to £600 per day via umbrella


Job Purpose

The primary purpose of the role is to ensure the integrity of the Group’s reported results for any acquisition, disposal/divestment and/or other major internal transactions. This role is part of a “centre of excellence / centralised function” created to provide guidance and support to our key stakeholders when accounting and reporting for these major transactions.

The role supports the delivery of GSK’s objective of growing and diversifying our business through acquisitions, other collaboration agreements and/or divestments to ensure continued focus on our core business. The role also is critical in delivering timely and accurate financial and management information for group internal and external reporting purposes for these types of transactions.


This role holder must work closely with other Corporate, in-country and above country finance teams and financial services teams requires excellent technical financial accounting knowledge, operating a high degree of control and integrity.

The role holder will be privy to confidential and market sensitive information and therefore will be expected to comply with all Group policies and procedures to ensure no legal compromises or implications.

This role holder will also be exposed to a significant degree of change and/or uncertainty in the operating environment and will need to be an effective communicator, proactive in managing and finding solutions to problems. 


The role will involve working closely with the Group Financial Controller, Global Tax, Treasury, trading partners, in-country and above country embedded finance business partners, financial service hubs, External Reporting (including internal and external auditors) and Corporate/Business development teams.

Depending on the type of transaction, the role will also work closely with non-finance colleagues including Company Secretariat Legal, HR, IT, Procurement, R&D, GMS, Regulatory. 


Accountabilities

The role will be accountable for activities relating to the successful integration of new businesses / disposal of existing businesses into the GSK statutory and group financial reporting framework and the finance implications of integration/divestment decisions.


Key responsibilities

  • Establish strong working relationships with key stakeholders (e.g. Integration/Divestment project team, legal, corporate/business development, key GSK finance stakeholders, including corporate functions) to support and advise them on major transaction projects;
  • Provide guidance and support to the relevant integration/divestment team members in the delivery of key Group Reporting Requirements (e.g. monthly actuals, year-end financial, restatements, planning and forecasting, other reporting deliverables);
  • Ensure the integrity and accurate reporting for the transaction from Day1;
  • Working to ensure all accounting controls and reporting are to the satisfaction of the Group
  • Financial Controller, Director External Reporting & Processes and the external auditors
  • Assist in the implementation of the strategic integration/divestment activities;
  • Build strong relationships with the integration finance lead teams and key finance stakeholders;
  • Participate in pre-deal discussions with the corporate/business development contacts, business
  • contacts, legal and project teams etc including review of legal contracts, TSA discussions and
  • operating models and structure of the deal;
  • Provide guidance, support, review and training to the key stakeholders in the reporting
  • requirements and systems relevant to GSK Group reporting and transaction related activity;
  • Provide guidance on the set up of the Group consolidation system (BISON), CERPS etc;
  • Ensure key stakeholders are engaged and kept informed of progress until full cut-over of activities
  • is completed (ie stabilised daily operational activities as BAU);
  • Consult with Trading partners, GMS, EATA and Group Tax to assess implications and agree the
  • appropriate actions to undertake during transition in relation to trading and business operating
  • models (“as-is”, transitional and “to-be”);
  • Promote project governance over all transaction related activities, escalating significant issues
  • and risks with key stakeholders/steering committee;
  • Support the ongoing development and refinement of the transaction framework to improve efficiency and effectiveness 


This role holder will be expected to deliver:

  • Completed deal folder with all relevant finance deal information (Financial Approval Paper,
  • Financial Accounting Paper, Treasury Action Plan, Financial Step Plan, CLEIT papers, Opening Balance Sheet (OBS), deal profit reconciliation etc) as documented evidence for control and SOX purposes;
  • Liaise with external auditors, external consultants (i.e. due diligence and valuation experts) and GSK stakeholders to accomplish full cut-over of activities and successful implementation of the plan;
  • Compliance with relevant accounting standards and GSK group finance policies and procedures for the transaction;
  • Training and reference materials for finance colleagues, including maintenance of the finance section of the Fusion website



Ideal Candidate

  • Degree in Accounting or Finance or other related degree discipline
  • Qualified member of recognised professional finance body (e.g. ICAEW / CIMA / ACCA) with +5 years PQE
  • Experience of Group Consolidation and Reporting is essential
  • Extensive knowledge of GSK’s financial processes and consolidation systems at the divisional
  • level and at the group level
  • Experience of using BISON (SAP FC) / other Group consolidation reporting systems
  • Excellent technical reporting skills with knowledge of IFRSs as they apply to GSK
  • Strong communicator with good interpersonal and presentation skills
  • Organised, ability to prioritise, deliver under pressure
  • Ability to build relationships quickly and develop credibility with customers
  • Ability to create solutions to problems and challenges;
  • An enthusiastic team player with a flexible manner;
  • Ability to work in an environment that is changing and uncertain. 
  • Project management experience