Global Asset Management Executive

British American Tobacco; Greater London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A major global tobacco company in London seeks a Global Asset Manager Executive to oversee the Strategic Asset Management processes. The role involves administering the asset register, managing supplier relations, and ensuring compliance with financial regulations. The ideal candidate will possess strong operational skills, a thorough understanding of supply chain activities, and the ability to handle asset transactions. This position offers a competitive salary and excellent benefits, contributing to a smokeless world.

Benefits

Market leading performance bonus

Flexible holiday plan

Transportation support

Health plans and work-life balance initiatives

Qualifications

• Detailed understanding of suppliers' supply chain activities and business drivers.
• Knowledge of import/export best practices and fiscal procedures.
• Awareness of financial status and risk assessment of suppliers.

Responsibilities

• Lead BAT Group Strategic Asset Register Equipment Master-data accuracy.
• Handle Trading Accounts for asset related transactions.
• Ensure compliance and governance within SOX standards.

Skills

Channel Marketing

Accounts Reconciliation

Collection

B2C

Drafting

HACCP

Job description

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 cant wait lets shape it together!

BAT UK IS LOOKING FOR A GLOBAL ASSET MANAGER EXECUTIVE

JOB TYPE : Permanent

FUNCTION : Operations

SALARY RANGE : Competitive salary package excellent benefits market leading bonus

LOCATION : London United Kingdom

Purpose statement

To administrate BATs Strategic Asset Management from new order creation as well as the movement of cascaded machinery throughout the BAT Group through to controlled destruction ensuring that import / export procedures are fully applied to meet business needs of the Donor and Recipient companies and compliance with Group Audit Best Practices.

To handle the BAT Group Strategic Asset Register on SAP so that it is current and accurate.

To act as subject matter expert for the Manufacturing team and wider community of partners for matters related to management of the Groups strategic assets

Dimensions

• Number of Suppliers 30 including the Major Tobacco Industry Suppliers
• Approximately 50 wholly owned BAT Operating Companies and Associates and Joint Ventures
• Processing MC orders supporting capital expenditure to the value of 300mn per annum
• Recuperating Supplier repayments to BAT 5mn - 10mn per annum
• Full commercial support for Regional Teams and Operating Companies when relocating Strategic Machinery.
• Strategic Asset Management 20000 asset records.

Principal accountabilities

• Lead BAT Group Strategic Asset Register Equipment Master-data accuracy and Data Quality Compliance and Strategic Asset Report development and improvement
• Handle Trading Accounts for the asset related transactions of the Manufacturing Department.
• Provide accurate information to assist internal and external audit of the Group Strategic Asset Management and disposal processes
• Ensure timely reimbursement of payments owed by the OEMs to BAT (usually 5mn - 10mn per year) through proper regular reconciliation with GBS and Ops Finance team
• Handle long-term Supplier Relations and actively promote a positive and pro-active support working closely with Global Technology Managers and Procurement Team
• Handle and act as subject matter authority for the in-house systems like SAP flow system etc to support factories need.
• Equipment and processes for Asset Lifecycle from acquisition cascade through to disposal.
• Act as a specialist resource to extract SAP information for the Manufacturing team for IWS and maintenance development for standard methodologies within BAT.
• Facilitate the bi-weekly Global Manufacturing Departmental agenda minutes & reviews.
• Complete adherence / SOX compliance and governance
• Continuous improvement in Assets Reporting POs and CM number tracking and document control and factory flow system.

Additional information

I. Context / Environment

The Manufacturing department acts on behalf of BATs Global Operations leading Strategic Machinery Capital Investment Projects and service supplies to the Group and Joint Venture Partners. This activity involves a continuous dialogue with a multi-supplier base.

As Governments Central Banks and in many instances Independent Inspection Companies (employed by the recipient countrys Government Authorities) impose increased regulations great care and accurate knowledge has to be applied to guarantee strict compliance of contracts whilst ensuring that BAT needs are met when ordering or moving Capital Equipment around the world.

II. Knowledge Skills & Experience

• Detailed understanding of Suppliers supply chain activities key costs and business drivers and ability to interpret information from many various sources.
• Detailed knowledge of the supplier market supplier capabilities and the competitive pressures on these limited resources.
• Complete awareness of Financial Status of suppliers and Risk Assessment of suppliers to protect BATs financial exposure.
• High degree of International Business Practise knowledge covering Import and Export best practises Fiscal procedures and local and governmental regulations which vary from country to country.
• Knowledge of BATs Operating Companies including Financial Management Operations Management their Company Plan and ongoing needs.
• Professional knowledge of Commercial aspects and shipping procedures.
• To be able to act as an intermediary to resolve problems between various parties to maintain BATs global business integrity and reputation in a growing sensitive environment.
• Good knowledge of IWS principles.

III. Key Success Factors

• Recognition as a Centre of Expertise for the movement of Capital Equipment
• Successfully challenging with other Tobacco Manufacturers for Suppliers limited capacity and resources.
• Provision of effective Commercial support for the Strategic Machinery Cascade programme to successfully deal with all complexities.
• Full participation in follow up from factory closures to ensure that company assets are redeployed in a safe timely and secure manner allowing asset values to be realised to the benefit of the Group.

IV. Working Relationships

External :

• Equipment Suppliers Sales Executive contacts established to agree and direct on Commercial matters and to represent BATs interests at all times.
• Central Banks Payment administrators to ensure applicable terms associated with complicated markets are understood and applied
• Export Experts To maintain a high level of understanding of the constantly evolving export environment.

Internal :

• Global Head of Manufacturing Technology & Engg Global Technology Managers and Procurement Managers Regional Engineering Managers and their Teams and BAT factories engineering teams at operational level to communicate and establish procedures to allow the acquisition & movement of Strategic Assets / Equipment.
• Legal Tax Treasury and Insurance functions to discuss and agree appropriate processes to meet the needs of British American Tobacco Investment Projects.
• Global and Regional Operations personnel - to handle the day to day activities.

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 isnt limited by boundaries; its propelled by your aspirations. Join us at BAT and become a part of an environment that thrives on internal advancement where your career progression isnt just a statement its a reality were eager to build together. Seize the opportunity and own your development; your next chapter starts here.

Youll 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

Were 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.

Required Experience

Exec

Key Skills

Channel Marketing,Accounts Reconciliation,Collection,B2C,Drafting,HACCP

Employment Type : Full Time

Experience : years

Vacancy : 1