Assistant Commercial Finance Manager at British American Tobacco (BAT)

ROLE POSITIONING AND OBJECTIVES

The purpose of this role is to provide support to the Head of Finance and ESA Commercial Finance Manager in all aspects of financial management, including but not limited to budgeting, forecasting, financial reporting, credit management, product costing and analysis. The Assistant Commercial Finance Manager will also be responsible for assisting with the development and implementation of financial policies and procedures.

WHAT YOU WILL BE ACCOUNTABLE FOR

Business Objectives

• Responsible for the planning and execution of financial duties and projects;
• Prepare reports and BPC forecasts for all commercial aspects of the business to ensure finance stability;
• Drafting budgets, income statements and reports required by regulatory authorities;
• Managing the risks involved in the financial activities of the business;
• Credit management (payment forecast, raising credit requests and inventories management (stock count, manage NCLs);
• Manage of excise tax and import duties;
• Managing pricing and distributor performance management;
• Managing marketing investments (brand spend on non-brand spend) by tracking spend vs. budget and provide commentaries;
• Management of CAPEX (budgeting, disposal, verifications etc);
• Estimating short and long-term financial objectives by setting and monitoring performance targets;
• Compiling financial reports and supervising month-end processes;
• Managing and monitoring metrics, KPI tracking, and reports;
• Evaluate the financial performance of the organization and measure returns on investments;
• Develop and implement systems and controls to ensure accurate financial reporting;
• Oversee accounts receivable function;
• Liaise with auditors to ensure timely completion of audits and compliance with regulatory requirements.

People Objectives

• Support HR and other heads of functions with matters pertaining to BPC and budgeting cycles;
• Providing training to staff members regarding financial processes.

ESSENTIAL EXPERIENCE, SKILLS AND KNOWLEDGE

General skills required

• Ability to communicate fluently and effectively in English;
• Analytical, problem-solving and critical thinking skills;
• Ability to work and deliver under pressure and in a fast-pace environment;
• Good collaboration and interpersonal skills;

Functional skills required

• Computer skills in MS Office and ERP System (preferentially SAP);
• Advanced skills in Microsoft Excel and ability to manage vast amounts of data;
• Strong organizational skills and attention to detail;
• Strong understanding of financial management obligations, especially statutory obligations and requirements;
• Effective communication and presentation skills.

Education / Qualifications / Experience Required

• Degree in Accounting, Finance, Economics or related fields;
• CPA, ACA/ACCA certification is mandatory;
• Minimum of 5-6 years’ relevant professional working experience;
• Experience in FMCG is a plus.