Finance Manager at British American Tobacco Plc. (BAT)

British American Tobacco Plc. (BAT) is a multinational company that manufactures and sells cigarettes, tobacco and other nicotine products. As of 2019, it is the largest tobacco company in the world based on net sales. BAT has operations in around 180 countries, with over 55,000 employees. For decades, we have built our business on successfully meeting the preferences of adult smokers with world-famous cigarette brands, superior blends and market-leading innovations. We have been satisfying consumers, delivering shareholder value and creating valued employment for over a century. An unprecedented confluence of technology, societal change and public health awareness has created a unique opportunity: the opportunity to make a substantial leap forward in our long-held ambition to provide our consumers with potentially reduced-risk tobacco and nicotine choices. The way our people operate is embodied in our four Guiding Principles: Enterprising Spirit, Freedom through Responsibility, Open Minded and Strength from Diversity. These principles underpin our culture and guide how we deliver our strategy. The culture of the Group is about developing talent from within, stretching and supporting the high performing managers who will lead the delivery of our strategy. Our employer brand – ‘Bring your Difference’ – has a strong presence across social media channels. We are leading our industry in social media engagement and have moved ahead of several top FMCG companies. Providing a safe place to work, protecting our employees’ wellbeing and listening to their views are also fundamental.

Job Title: Finance Manager

Job summary

Subsector: Finance Manager

Industry: Tobacco

Location: Lagos

Contract type: Permanent

Job reference: 1030028921

Description

We are looking for a Financial Manager to join British American Tobacco {BAT}. The Financial manager will monitor BAT’s corporate finances, as well as perform data analysis and advise senior managers on ideas to maximize profits. Will often work as part of a team, assisting in making decisions that affect the organization, a task for which must need analytical ability and excellent communication skills. The role is responsible for both commercial and corporate planning and reporting areas of the Regional Finance team to deliver the planned metrics for the regional Cluster & sustainable growth agenda through enabling resource allocation, providing financial analysis and insights, initiatives and achieving TW Finance objectives. The incumbent should have experience in both corporate and commercial finance. Also enjoy supporting in building a sustainable talent pipeline, inspire people and drive high performing Finance team. We’re redefining an industry while going through our own digital transformation, using innovation to keep our portfolio of products at the cutting edge. We have always been committed to recruiting, developing, and retaining the very best people in our business functions. As a member of our team, you’ll join an outstanding workplace, collaborating across borders with colleagues from multiple fields to evolve our business in one of the most dynamic phases of our history. Our company succeeds when our people thrive. Because the growth and well-being of our people are essential, we offer rich compensation, benefits, services, and development programs to help employees maintain and improve their health, wellness, and work/life balance. We empower our employees to balance their schedules to what suits them the most and how they are most productive.

BAT is evolving at pace – truly like no other organization. To achieve the ambition we have set for ourselves, we are looking for colleagues who are ready to live our ethos every day. Come be a part of this journey!

WHAT YOU WILL BE ACCOUNTABLE FOR

Commercial:

• Support Total Customer Investment, Revenue Growth Management, Drive productivity savings & cost base optimization.
• Provide insightful commercial inputs and demonstrate business acumen to support strategic goals of TWC and accelerate the growth agenda.
• Lead development and oversea execution off strategic planning and decision-making and resource allocation of the Marketing (Trade, Brand) department by evaluating the effectiveness/efficiency of Marketing programs & touch points.
• Ensure spend efficacy and smart cost management within the Marketing team as well as resource allocation decisions are based on improving shareholder value and in line with company strategy.
• Ensure accounting and governance procedures for Marketing are in place and operating effectively. Identify ways to improve the current control environment & business processes and own the changes without compromising creativity and enterprising spirit.
• Ensure Commercial Finance contributes as an effective business partner to Marketing. Ensure quality service/mentorship in all relevant areas of work is provided to all sections of marketing department.
• Other ad-hoc tasks as requested (e.g., lead commercial meetings).

Corporate:

• Ensure that accurate completion of financial management reports.
• Prepares commentaries of key drivers of actual vs. Plan financials.
• Performs ad hoc analysis as required by Head of Finance for actuals and planning scenarios.
• Constantly improve ways of working and aim for efficiency (simplification) and data accuracy for reporting purposes.
• Lead internal control processes (control navigators, risk assessments).
• Review local tax & statutory reporting; Work closely with external auditors.

ESSENTIAL EXPERIENCE, SKILLS AND KNOWLEDGE

• Minimum Bachelor’s Degree in Business, Economics, Finance or Accounting; Master’s Degree would be an added advantage.
• 5+ years of experience in both commercial & corporate finance in MNCs.
• Experience in Big Four accounting firm and FMCG is preferred.
• Experienced in handling distributors is preferred.
• Excellent cash flow management knowledge.
• Strong core analytical, decision making, and problem-solving skills and ability to effectively prioritize tasks.
• Strong Excel skills.
• Insightful, comfortable with ambiguity and uncertainty, pro-active, collaborative and consultative.
• Strong influencing, leadership and interpersonal skills (stakeholder management).
• Ability to simplify complex situations and synthesize, communicate, and present complex information.
• Insightful, comfortable with ambiguity and uncertainty, pro-active, collaborative, and consultative.
• Proficiency in Microsoft Word & Excel, Thorough understanding and knowledge of relevant finance tools and systems, i.e. SAP/BPC.
• Strong communication skills. Must be proficient in both written & verbal English.
• Leadership capability in leading a team.

COMPENSATION/TARGETED BONUS

• Highly Competitive salary
• Targeted Annual Bonus & BAT Premium fringe benefits.

WE ARE BAT

At BAT we are committed to our Purpose of creating A Better Tomorrow. This is what drives our people and our passion for innovation. See what is possible for you at BAT.

• Global Top Employer with 55,000 BAT people across more than 180 markets.
• Brands sold in over 200 markets, made in 44 factories in 42 countries.
• Newly established Tech Hubs building world-class capabilities for innovation in 4 strategic locations.
• Diversity leader in the Financial Times and International Women’s Day Best Practice winner.
• Seal Award winner – one of 50 most sustainable companies.

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!

Apply Method:

Interested applicants should submit their CV and Cover Letter via the apply form/button or our career email below: human.resources@careers-bat.com

Only shortlisted applicants are contacted for the competency-based skills assessment and British American Tobacco virtual recruitment interview.

Deadline: 30^th April, 2022