Fiscal Analyst
Research Triangle Park, NC 
Share
Posted 4 days ago
Job Description
Site Name: USA - North Carolina - Research Triangle Park
Posted Date: May 9 2024

The Fiscal Analyst is responsible for working with the Board of Directors to oversee the overall management and development of investment strategies of the Foundations assets, the operation of financial and cash management services, as well as the development of related policies and procedures. This position develops and maintains financial record systems and fulfills external financial and internal control auditing requirements and financial statements working with investment, audit and tax advisors, the Foundation investment and audit committees and Board of Directors. This position also analyzes proposals, develops grant agreements, and reviews requests for adjustments to approved grant budgets and timelines. This role will provide YOU the opportunity to lead key activities to progress YOUR career. These responsibilities include some of the following:

Finance/Accounting

  • Assess and provide financial analysis and long-term grant projections to the Board of Directors
  • Develop and monitor Foundation programs budget as approved by the Board
  • Manage bank accounts for the Foundation assets as well as grantmaking and programs budgets, maintaining working knowledge of which account to use for compliance purposes
  • Perform monthly reconciliations using accounting software (QuickBooks) for two bank accounts and one investment account, ensuring balances zero out each month and determining/correcting any discrepancies that may exist
  • Submit monthly reconciliation information to the Treasurer for review to comply with internal control requirements
  • Track investment gains and losses and calculate market values to match monthly brokerage statement
  • Prepare and disseminate monthly financial reports to the Board
  • Prepare and report financial updates to Board of Directors at quarterly Board meetings and provide additional information as requested
  • Liaise with Investment Advisor and associates to keep apprised of grants forecast and projections to better determine investment and payout strategy
  • Coordinate and fulfill all requirements of the annual external financial audit and tax activities for the Foundation including Trial Balance, Balance Sheet, Tax data, Investment data, and specific grant making details and confirmations
  • Calculate annual contributed cost for reimbursement to GSK using budget data from the UK and provide information to external auditors for review to ensure no self-dealing has occurred
  • Prepare Board members' annual 1099 tax forms
  • Prepare scheduled grant payments, confirming payment data on Wells Fargo site for fraud management purposes
  • Preparation of Director's Fee payments
  • Prepare and disseminate Audit Committee meeting agenda materials, attend meetings, and prepare minutes
  • Perform end-of-year accounting; calculate financial information for publication in Annual Report and review and edit report

Grantmaking

  • Evaluate and provide input on Traditional grant proposals and Ribbon of Hope grant proposals for recommendation to the Board
  • Prepare grant agreements for approved grants and attain necessary approvals via AdobeSign
  • Review and action requests for adjustments to approved grants
  • Monitor grant reporting requirements to ensure reporting is in place before multi-year grant payments are made
  • Liaise with grantees regarding legal compliance, reporting, and/or budget and program adjustments
  • Draft resolutions and policies, obtaining Legal Counsel input as appropriate
  • Maintain a good working knowledge of annual requirements to maintain 501(c)3 compliance
  • Ensure no direct or indirect self-dealing transactions occur between the Foundation and GSK
  • Perform activities to run the Board of Directors meetings
  • Assist as needed with Foundation programs and events

Why you?

Basic Qualifications:

We are looking for professionals with these required skills to achieve our goals:

  • Bachelor's degree in business administration/management, finance, or accounting required
  • 3+ years of experience with accounting software (QuickBooks preferred)
  • 3+ years' experience understanding of financial investments including calculations of gains/losses

Preferred Qualifications:

If you have the following characteristics, it would be a plus:

  • Demonstrated proficiency in the use of software programs including Microsoft Outlook, Word, Teams, PowerPoint and Excel, with the ability to generate Adobe Sign documents for signature
  • Effective verbal and written communications skills
  • Analytical thinking with strong attention to detail
  • Proven ability and desire to work with numbers
  • Strong editing skills
  • Legal aptitude preferred

#LI-GSK

Please visit GSK US Benefits Summary to learn more about the comprehensive benefits program GSK offers US employees.

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.

If you require an accommodation or other assistance to apply for a job at GSK, please contact the GSK Service Centre at 1-877-694-7547 (US Toll Free) or +1 801 567 5155 (outside US).

GSK is an Equal Opportunity Employer and, in the US, we adhere to Affirmative Action principles. This ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, national origin, religion, sex, pregnancy, marital status, sexual orientation, gender identity/expression, age, disability, genetic information, military service, covered/protected veteran status or any other federal, state or local protected class.

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.

Please note that if you are a US Licensed Healthcare Professional or Healthcare Professional as defined by the laws of the state issuing your license, GSK may be required to capture and report expenses GSK incurs, on your behalf, in the event you are afforded an interview for employment. This capture of applicable transfers of value is necessary to ensure GSK's compliance to all federal and state US Transparency requirements. For more information, please visit GSK's Transparency Reporting For the Record site.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
3+ years
Email this Job to Yourself or a Friend
Indicates required fields