Corporate Finance Manager - BATIF

The British American Tobacco Group; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global multi-category business is looking for a Corporate Finance Manager to join their team in London. Responsibilities include preparing financial accounts, assisting with budgeting and forecasting, and liaising with auditors. Candidates should have a degree in finance and professional qualifications, alongside experience in financial instruments management. This position offers a competitive salary package, excellent benefits, and a market-leading bonus.

Benefits

Market leading annual performance bonus

Diverse health plans

Flexible holiday plan

Access to online learning platforms

Personalized growth programs

Qualifications

• Experience of accounting/auditing for financial instruments, particularly as governed by IAS 32, IFRS9, IFRS7 and IAS 21.
• Understanding of treasury risks and the management of those risks through financial instruments.
• Communications skills for dealing with overseas-based operating company accountants.
• Ability to simplify sophisticated situations and synthesize, communicate and present complex information.
• Strong influencing and interpersonal skills.

Responsibilities

• Preparation of BATIF group financial and management accounts for actuals.
• Assisting in forecasting and budgeting of the Group’s Net finance cost.
• Working closely with the Treasury department and providing accurate financial instrument accounting advice.
• Ensure relevant SOx controls are followed and passed.
• Liaise with internal and external partners including auditors.

Education

Degree or equivalent experience with professional qualification (CA/ACCA/CIMA/CPA/MBA)

Tools

SAP

Bloomberg software

BPC reporting tool

Job description

Overview

BAT is evolving at pace into a global multi-category business. Our purpose is to create A Better Tomorrow™ by Building a Smokeless World. To achieve our ambition, we are looking for colleagues who are ready to join us on this journey! Tomorrow can’t wait, let’s shape it together!

BAT UK IS LOOKING FOR A CORPORATE FINANCE MANAGER - BATIF

JOB TYPE: Permanent

FUNCTION: Finance

SALARY RANGE: Competitive salary package + excellent benefits + market leading bonus

LOCATION: London, United Kingdom

Job purpose and key deliverables

BATIF is the treasury vehicle for the British American Tobacco p.l.c. (the “BAT Group”). The role holder is responsible for preparation of BATIF group financial and management accounts for actuals and assisting in forecasting and budgeting of the Group’s Net finance cost (“NFC”). In addition, the role holder is responsible for preparing BAT Group’s treasury related notes for the annual reporting.

Principal Accountabilities

Accounting and Reporting

• Help ensure that BATIF reporting and Group treasury related notes are completed on time and to a high standard
• Assist the Senior Corporate Finance Manager in producing statutory financial accounts for BATIF Group and BATOF (total of 3 BAT Group entities’ statutory accounts)
• Posting monthly/quarterly journals for BATIF and ensuring timely close of BATIF’s general ledger for monthly/quarterly reporting cycle
• Assisting the Senior Corporate Finance Manager in quarterly analysis of the Group’s NFC and related movements in the Group’s borrowings, cash, derivatives and investments held at fair value
• Working closely with the Treasury department and providing accurate financial instrument accounting advice to BAT Group companies
• Preparing hedge documentation for swaps and running effectiveness reports, Group currency balance sheet and Net Investment Hedge monitoring and ensuring appropriate accounting for such
• Ensure relevant SOx controls are followed and passed
• Liaise with internal and external partners including auditors (currently KPMG)
• Assist the Senior Corporate Finance Manager in forecasting and budgeting of BAT Group’s Net Finance Cost
• Provide assistance and build capacity of GTO accounting department who are based in Romania
• Involvement in ad-hoc projects driven by the Group treasury team or Group Statutory Accounting team

Business Partner

• Provide accounting support to Group treasury
• Support Group tax on financial instrument accounting issues
• Assist U.S. Treasury company (BATCAP) with hedge accounting in respect of swaps

Leadership capabilities

• Builds Self Awareness and Listens
• Engages and encourages
• Supports High performing Teams
• Provides direction and focus
• Drives innovation and change
• Commits to results
• Acts commercially and is consumer centric
• Demonstrates risks and opportunities

Essential requirements

• Degree or equivalent experience educated with professional qualification (CA/ACCA/CIMA/CPA/MBA)
• Experience of accounting/auditing for financial instruments, particularly as governed by IAS 32, IFRS9, IFRS7 and IAS 21 (and UK GAAP equivalents)
• Understanding of treasury risks and the management of those risks through financial instruments.
• Communications skills for dealing with overseas-based operating company accountants (helping them with Group reporting requirements), as well as with Treasurers and Dealers.
• Ability to simplify sophisticated situations and synthesize, communicate and present complex information
• Detailed schedules are kept in Excel: ability to maintain, change and improve them.
• Strong Influencing and interpersonal skills

Desirable requirements

• Understanding of SAP, in particular the Treasury module
• Knowledge of BPC reporting tool
• Previous experience in using Bloomberg software

BELONGING, ACHIEVING, TOGETHER

Collaboration, diversity and teamwork underpin everything we do here at BAT. We know that collaborating with colleagues from different backgrounds is what makes us stronger and best prepared to meet our business goals. Come bring your difference!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

What we offer you?

• We offer a market leading annual performance bonus (subject to eligibility)
• Our range of benefits varies by country and includes diverse health plans, initiatives for work-life balance, transportation support, and a flexible holiday plan with additional incentives
• Your journey with us isn\'t limited by boundaries; it\'s propelled by your aspirations. Join us at BAT and become a part of an environment that thrives on internal advancement, where your career progression isn\'t just a statement – it\'s a reality we\'re eager to build together. Seize the opportunity and own your development; your next chapter starts here.
• You'll have access to online learning platforms and personalized growth programs to nurture your leadership skills
• We prioritise continuous improvement within a transformative environment, preparing for ongoing changes

WHY JOIN BAT?

We’re one of the few companies named as a Global Top Employer by the Top Employers Institute – certified in offering excellent employee conditions.

At BAT, we champion collaboration, inclusion, and partnership as the bedrock of our values. We wish to foster an environment where every individual can thrive, irrespective of factors such as gender, sexual orientation, marital or civil partnership status, gender reassignment, race, religion or belief, colour, nationality, ethnic or national origin, disability, age, skills, experience, education, socio-economic and professional background, as well as diverse perspectives and thinking styles. We recognise that our strength lies in embracing talent from all walks of life, empowering us to develop our culture of inclusivity and better achieve our business objectives.

We view career breaks not as obstacles but as opportunities and encourage everyone, without hesitation, to apply. Through our Global Returners program, we provide support to professionals seeking to re-enter the workforce after an extended absence, be it for family care, parental leave, national service, sabbatical, or starting their own venture. Come bring your difference and see what is possible for you at BAT. Learn more about our culture and our award winning employee experience here.

We take pride in being a Disability Confident Employer. If you need any reasonable adjustments or accommodations to be made during the recruitment process to support you performing at your best, please inform the recruitment partner who will be in touch should your profile be selected for the role you applied for. We are wholeheartedly committed to optimising your prospects of success by making suitable arrangements so that you may showcase your full potential.