Your Responsibilities:
Job Purpose:
Supports the Senior Finance Business Partner in managing the P&L for the South Africa Consumer business and provides financial business partnering support to the South Africa Sales team.

Scope and Responsibilities:

1. Controlling and monitoring of sales and gross to net
• Manage gross to net ratio
• Review and analyse Just Enough to ensure gross to net in line with budget
• Track sales to forecast numbers
• Ensure accurate monthly provision journals are calculated and posted for expected customer claims and discounts
• Track discounting and returns to ensure in line with customer plans and financial budget
• Report and comment on month end sales
• Discussions on month end sales with sales team
• Manage monthly P&L against budget and forecasts
• Monitor on invoice discounting by providing monthly info to sales, facilitating monthly meetings to discuss and ensuring feedback is received and challenged as necessary
• Monitor monthly returns to ensure processes are followed correctly and keep returns to a minimum
• Monitor sales claims for deviances from policy and trends

2.Month end results
• Review month end results along with Senior Business Partner and provide insight into drivers of brand sales, gross to net, opex explain changes and trends in results
• Assist in explaining and providing commentary on deviations from budgets, prior year and forecasts
• Develop and continuously improve month end reporting formats
• Prepare management accounting information

3. Annual Budgeting, Forecasting and monthly forecasting
• Assist with the budgeting and forecasting process
• Assisting with the preparation and controlling of opex budgets for the Consumer division.
• Ensuring reasonableness of sales budgets
• Assistance in providing information for the Commercial and Finance decks for budget and Forecast presentations
• Preparation and control of the annual calenderisation process
• Preparation, control and submission of monthly forecast
• Add value by challenging and understanding monthly forecasts during Pre-DRM Meetings
4. General business partnering
• Being proactive in providing daily support and assistance to the commercial team
• Deliver focused analytics to ensure effective decisions across the Consumer business
• Evaluate promotions and discounting including ROI analysis and monitoring
• Monitor performance of brands, consumption data
• Review gross to net by customer monthly and look for opportunities to add value or better manage the process
• Monitor levels of stock in trade
• Prepare and evaluate pricing for commercial team
• Attend demand forecasting meeting with sales and marketing as well as other marketing team meetings
• Provide regular finance training to the sales team
• Support commercial projects in conjunction with the sales and marketing teams
• Develop an in-depth knowledge of the industry and competitors
• Ad-hoc support and preparation of information to support the Head of Finance and Senior Finance Business Partner
• Ad-hoc support and preparation of information to support the Commercial Leadership Team
• Running reports and extracting information from JDE (general ledger), Cognos, BISON
• Provide information and assist with the internal and external audits
• Support the head of finance with working capital management
• Input and involvement in new systems development and training of systems where necessary
• Ensure there are up to date SOPs/knowledge documents to support all systems and processes
• Review and Release payments on Citibank

Why You?

Basic qualifications:

Bcom finance degree

FMCG experience and excellent excel skills

preferably previous CH or FMCG experience and experience in emerging markets


Independent Thinking:
The role requires independent thinking and discussion with the Senior Finance Business Partner

Responsible for portions of the P&L and budgeting and forecasting process

Annual Strategic Planning:
Responsible for portions of the planning process within the company with the other business partners and commercial business.

Preferred qualifications:

Why GSK?:
At GSK, our mission is to improve the quality of human life by enabling people to do more, feel better and live longer. Our three world-leading businesses research and deliver innovative medicines, vaccines and consumer healthcare products. We need a talented and motivated workforce to deliver against our strategy. To achieve this, we strive to attract the best people and to create an environment that empowers and inspires.

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

Important notice to Employment businesses/ Agencies

GSK does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact GSK's commercial and general procurement/human resources department to obtain prior written authorization before referring any candidates to GSK. The obtaining of prior written authorization is a condition precedent to any agreement (verbal or written) between the employment business/ agency and GSK. In the absence of such written authorization being obtained any actions undertaken by the employment business/agency shall be deemed to have been performed without the consent or contractual agreement of GSK. GSK shall therefore not be liable for any fees arising from such actions or any fees arising from any referrals by employment businesses/agencies in respect of the vacancies posted on this site.

Preference will be given to candidates in line with the GSK SA and GSK Consumer Healthcare Equity Plan.

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Confirmed 13 hours ago. Posted 27 days ago.

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