Procurement Finance Manager

The British American Tobacco Group; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A global multi-category business is seeking a Finance lead to enhance procurement processes and drive automation efforts. This role includes collaborating with teams on pricing estimates, financial reporting, and improving current forecasting procedures. The ideal candidate will possess strong financial analysis skills and a focus on collaboration. Join us to develop a smarter, more integrated approach to procurement activities.

Benefits

Market leading annual performance bonus

Diverse health plans

Flexible holiday plan

Online learning platforms

Personalized growth programs

Qualifications

• Experience in financial reporting and analysis.
• Strong collaborative skills to work with diverse teams.
• Ability to drive process automation and improvements.

Responsibilities

• Manage pricing estimates and work closely with finance teams.
• Support procurement teams with financial insights.
• Drive automation of financial processes.

Skills

Financial analysis

Collaboration

Process improvement

Automation

Forecasting

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 can’t wait, let’s shape it together!

WHAT YOU WILL BE ACCOUNTABLE FOR:

• Updating the Group WMS pricing estimates with the support of the central category managers and working closely with the regional finance teams to ensure this is reflected in their P&L.
• Close collaboration with the product costing team and key factories to improve the current forecasting processes and ways of working, with the focus on pricing data and automation.
• Supporting the procurement teams with financial analysis to aid commercial negotiations (Cash, P&L).
• Finance lead to drive automation of processes and work closely with project teams to digitalise insights.
• Coordinate savings workshops with the regions and pricing estimates to support delivery of our targets.
• Support the management of procurement financial KPIs including savings and cash delivery (DPO) across procurement sub functions.
• Reinforcing alignment to Greenbook methodology for Productivity Savings reporting and providing guidance to the functions and regions.
• Custodian of the savings tracking tool (PSTT) - monthly reports and superuser.
• Supporting the Procurement Controller to prepare functional updates for Group Productivity Committees (GPC) and other key forums including update on commodities pricing outlook using market trends data.
• Monthly monitoring and analyzing of actual and forecast Overheads budget, ensure allocated budget are accurately used and reported into correct BPC category. Regular reviews with (1) HR, (2) Global Head of Procurement and individual PLT members.
• Supporting the Global Operations Risk Champion in reporting mitigation activities.

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.