Site Name: Malaysia - Petaling Jaya
Posted Date: Aug 16 2024
As Planning & Forecasting Associate, you are expected to register with ICAEW and complete the three (3)-year training and practical work experience with GSK.
At GSK, our modern and technology-led Regional Finance Hub APAC team, we work together with colleagues from across Finance to support our businesses across APAC in delivering the best outcome for our patients and consumers. Our new Finance Hub team in Malaysia will be part of a global network of Regional Finance hubs to share best practices and knowledge whilst working closely with our HQ Finance teams.
You will be responsible to support the Planning and Forecasting Process which includes the preparation, review and submission of in-market annual, quarterly and monthly forecasts. Also, you will be responsible to provide Value added Analytics on Actual and forecasted Business Performance in the areas of P&L, BS and Cash flow.
Year 1: Focus core commercial cycle activities
Participate in monthly core commercial cycle. Support the P&F Lead in the preparation monthly consensus forecast deliverables in accordance with GSK Corporate requirement.
Provide support to the P&F Lead with the preparation of the 3+1 plan, UP2 & Flip on annual basis. Understand the various planning cycles and their key role in the overall corporate planning process.
Attend pre demand review meeting on monthly basis to understand business Planning process.
Responsible for supporting the preparation of the monthly OPEX, A&P, Sundry, headcount and cash flow forecast.
Upload and validate approved forecast numbers into GSK tools.
Support the P&F lead in creating, updating and maintaining financial models to provide detailed monthly and quarterly forecasts for the market (CCC process)
Prepare adhoc analysis to analyse forecast Vs budgets, prior month forecasts and prior year actuals.
Support the preparation of internal management reports (e.g. DRM, MPR) for executive leadership.
Year 2: Focus on financial management and analysis
- Note: Year 1 job responsibilities remain with expanded responsibilities.
Performs Core commercial cycle activities independently for a LOC.
Performs variance analysis to explain differences in actual performance against forecast.
Support the process of generating commentary on variance analysis such as flash sales commentary, P&L commentary and price volume analysis.
Responsible to monitor Innovation sales performance against forecast and support all activities related to innovation sales.
Identify key learning for Year 1 role and make improvements going forward with global process owner or process improvement expert to standardize activities across P&F.
Evaluate forex impact on actual and forecast numbers and validate GSK P&L performance in all rates such as Budget rate and Actual rate.
Year 3: Becoming a true finance business partner
Note: Year 1& 2 job responsibilities remain with expanded responsibilities.
Drive the monthly core commercial market with In- house commercial team and market finance director.
Present monthly performance review to area finance director with minimum supervision.
Work closely with supply chain finance team on annual flip exercise.
Responsible to maintain annual transfer price which is aligned to tax requirements.
Other ad-hoc activities:
Support ad hoc analysis requirement on Sales, Gross Margin, Operating Margin, A&P, OPEX, Sundry, Working Capital, Headcount, OE and Capex.
Any other business relevant tasks assigned by P&F Lead or P&F Director
Other tasks as BSC management, system upgrade and changes to business environment.
Involvement in Change management projects
Why you
We look for people who appreciate the importance of safety and quality and strive to continuously improve our performance and practices. We work in an open and transparent environment so youll be someone who treats others with respect and integrity as you will be treated yourself.
Ideally, we are looking for someone with:
A Bachelors degree (Finance / Accounting is preferred)
You must be a registered student of ICAEW.
Excellent customer service skills
Positive working attitude and willing to take challenge
Excellent communication and interpersonal skills
Self-motivated and displays initiative in solving problems
Actively seeks to improve processes making them more effective and efficient
Must be fluent in English both written and spoken
Attention to detail, good analytical and problem solving capabilities
Ability to plan and manage workload to ensure all key deadlines are met.
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, its 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.
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