Sr.Manager-UK Pensions Finance

Job Summary: The Pensions Finance Manager will be responsible for managing various financial activities related to UK pensions. This role involves coordinating with multiple stakeholders, ensuring compliance with financial controls and reporting requirements, and maintaining accurate records. The role will also handle supplier queries, invoice payments, and various ad-hoc tasks as assigned by the Finance Partner.

Roles & Responsibilities:

Annual Activities

1. Annual Expense Budget

• Coordinate, collate, review, and follow up with in-house teams.

• Maintain supplier tracker and save down all supporting documentation.

• Update membership and asset values.

• Validate control checks and compare changes from the previous year.

• Attend meeting calls and send the final approved budget to outsourced accounting services provider.

2. Project management of annual audit and statutory accounts

• Ensuring deliverables and timelines are on track.

• Leading on the design and formatting of the final accounts.

• Ensuring year end bridging letters are obtained timely.

• Attend weekly update calls and help support queries from the auditors.

3. Support consultants and coordinate scheme returns data with in-house teams.

Quarterly Activities

Collate inputs for the Secretary's Report to Investment Committee and send to the Secretary for review. Compare the IAS 19 Report from the Group Actuary with key data points for consistency and send prepared analysis to the Director - Corporate Accounting for sign-off. Dashboards - Review reports and liaise with outsourced accounting services provider on queries and confirm reporting to the UK Pension Trustee Finance Partner. Perform various SOx Controls including: ensuring unit price movements are in line with the index; review reconciliations and follow up on queries with outsourced accounting services provider; and confirm review performed to the UK Pension Trustee Finance Partner. Trustee Expenses Processing including reviewing and checking claim forms and sending approved claims for payment processing. Authorised signatory list updates and follow up on confirmations. Support on drafting some standard Board and sub-committee Trustee Papers for review. Review VAT reports and confirm to UK Pension Trustee Finance Partner for submission approval to HMRC.

Monthly Activities

Reviewing Funding Dashboards and providing confirmation to UK Pension Trustee Finance Partner. Controls including reviewing of market valuation reconciliations between Custodian and Investment Managers and ensure accuracy with follow up and resolution on differences. Expense Reviews, attendance at monthly expense review meetings and follow up on queries with outsourced accounting services provider. Calculation of Trustees Payroll and send to outsourced accounting services provider. Maintain Internal Control Reports tracker and request reports from Investment managers, custodians, and banks. Save down HR reports to Sharepoint for outsourced accounting services provider. Purchase Order Creations, Suppliers' Queries, and Invoice Payments. Custodian and Investment Manager invoices review and query. House-keeping e.g. saving down critical month-end report files received and tidying of folders. Send press releases to Trustees and provide summaries with links to the GSK Media portal.

Ad-hoc activities including tax documentation, “KYC” on new investment managers, reviewing mail and disseminating and forwarding as appropriate to stakeholders, assisting with bank account closures.

Qualifications and essential skills:

• Bachelor's degree in Finance, Accounting, or related field

• 10 plus years of experience in financial analysis or similar roles

• Strong analytical and organisational skills

• Proficiency in Microsoft Office Suite

• Excellent communication and interpersonal skills

• Ability to work effectively in a matrixed environment with different stakeholders

Desirable (not essential) experience

• Experience of UK Pensions regime

• Experience of SAP

Work Environment:

• Hybrid working available

• Collaborative and dynamic team environment.

• Working closely with UK based team, UK hours

Inclusion at GSK:

As an employer committed to Inclusion, we encourage you to reach out if you need any adjustments during the recruitment process.

Please contact our Recruitment Team at IN.recruitment-adjustments@gsk.com to discuss your needs.

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Why GSK?

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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.

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