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How To Apply For British American Tobacco Recruitment

How To Apply For British American Tobacco Recruitment

How To Apply For British American Tobacco Recruitment

British American Tobacco plc (BAT) is a British multinational cigarette and tobacco manufacturing company headquartered in London, United Kingdom. It is the largest publicly traded tobacco company in the world. BAT has a market-leading position in over 50 countries and operations in around 180 countries.

British American Tobacco is all about freedom of choice – whether it’s our people or our products.

BAT is currently recruiting to fill the following positions;

Job Title: Associate Manager – Commercial Marketing Finance Revenue

Job Number: 16279

Location: Lagos

Function: Finance

Level: Experienced Professional

Appointment Type: Permanent

Details

  • British American Tobacco is looking for a new amazing colleague to join us within the Marketing Finance deprtment, specifically the Revenue team in our Lagos office.
  • The purpose for this role is to provide timely and proactive financial evaluation, information and advice that enables the marketing department to develop even further and execute effective plans and take informed decisions.
  • The role also provides the corporate finance with necessary information to meet their internal and external reporting requirements.
  • To help build strong financial and commercial awareness within the whole marketing function including an effective internal control environment.

Principal Accountabilities

  • To provide input to the strategic decision process in respect of pricing, trade margins and Excise.
  • To provide marketing management with financial information and Key Performance Indicators on Brand and Trade Marketing plans and activities, to facilitate effective decision making and improve efficiency and effectiveness of spend.
  • To participate in the Marketing decision making process bringing financial / business focus to marketing activities as well as a Marketing function focus to Financial issues.
  • To increase the level of financial/commercial awareness within the marketing function and to raise the level of objectivity behind marketing decisions.
  • To co-ordinate the preparation of the marketing budget/plan, and to provide accurate and timely information to help marketing management monitor ongoing performance.
  • To assist marketing management with the development and implementation of practical procedures that ensure a high level of internal control exists both within the department and the organization at large.
  • To assist in the establishment of an appropriate policy on trading terms, to help implement an effective credit control procedure and undertake, where necessary, reviews of credit worthiness of existing and potential customers. In addition, monitor the dispatch and invoicing process.
  • To undertake analysis of competitors brands, trade marketing activities and overall profitability.
  • To provide brand managers with accurate and timely practical information to enable them to manage their brands more effectively, such as:
    • Product/Brand Profitability.
    • Cost implications of product changes.
    • Break even analysis for new brand launches.
  • To assist brand management to undertake brand evaluation exercises to identify changes in brand values resulting in alternative investment scenarios.
  • To evaluate the effectiveness of brand expenditure using practical financial analysis tools developed either locally or developed by the Centre.
  • To review post implementation all the launches and other key initiatives.

Additional Information

Relationships:

  • The role reports to the Commercial Finance Manager, West Africa.
  • Develop and maintain relationships with the commercial team (Brand, Trade, Demand Planning).
  • Developing and maintaining relationships with peers within operations, sales, commercial finance, corporate finance, planning and reporting and other key internal and external stakeholders.

Knowledge, Skills & Experience

  • Bachelor’s degree in Accounting or any other business-related field.
  • Qualified accountant (ICAN, ACCA, CIMA) will be an added advantage.
  • 7-10 years’ work experience in commercial finance, preferably in a multinational FMCG.
  • A highly commercial approach.
  • The complexity and subjectivity of marketing requires an individual with proven and strong analytical and interpersonal skills.
  • Able to see the bigger picture and connect the interdependencies between commercial decisions, and other aspects of the company.
  • Capable of analyzing financial impact of marketing strategies but also able to demonstrate the need for, and ensure implementation of, appropriate systems and controls
  • Strong IT skills (Ms. Excel, Word and PowerPoint, SAP).

To apply for this position, interested and qualified applicants should click Here

READ:

Job Title: Treasury Specialist

Job Number:  16691

Location: Lagos

Function: Finance

Level: Experienced Professional

Appointment Type: Permanent

Job Purpose

  • British American Tobacco has an exciting opportunity for a Treasury Specialist to join our Finance team in Nigeria.
  • To provide support to treasury operations in the areas of cash flow management, bank relationship and Import and Forex transactions monitoring with a view to improving profitability by assessing periodic liquidity needs, exploring funding sources and investment opportunities.

Principal Accountabilities

Business/Operational Results:

  • To contribute to the continuing financial stability of the company by advising the treasury manager on liquidity status in line with counterparty exposure limits across Wes Africa Area.
  • Support in providing appropriate visibility/escalations & reporting on key changes in macroeconomic policies, FX (foreign exchanges) exposures and currency control/restriction policies across the West Africa Area.
  • Support and drive working capital management initiatives to drive efficiency of foreign currency operations that support the sustainability of the factory/commercial operations.
  • Support Treasury Manager at achieving cost of capital and bank charges optimization; as well as managing liquidity / funding requirement to meet dividend & other intercompany remittance objectives.
  • Ensure Treasury policy is strictly adhered to in all business transaction and Treasury decisions to protect Company Interests.
  • Preparation of ad-hoc analysis and evaluations to aid management in making informed decisions.
  • Liaise with banks on efficient and effective international trade financing method that supports delivery of business objectives
  • Execute daily operations activities

Management Results:

  • Improve accuracy of cash flow forecast to ensure optimized cash flow.
  • Ensure reduction in the current level of trade charges.
  • Prompt charge out of completed LC (letter of credit) transactions from BATN (British American Tobacco Nigeria) and its subsidiary books.
  • Provide good support to the treasury manager to deliver on key business objectives

Relationships Results:

  • Maintain good interface with other units within the finance department: AP (accounts payable), GL (general ledger), and cash management, marketing finance; for the purpose of achieving good results.
  • Leverage on relationship with company bankers to achieve competitive cost of funding and interest rate optimization for the company.

Knowledge, skills and Experience

  • The job holder must have a financial background with a minimum of 5 years post qualifying experience supported by a sound commercial awareness preferably in a FMCG company.
  • Professional Accountancy qualification will be an added advantage
  • Good analytical skills, with focus on problem solving
  • Excellent communication skill, verbal and written
  • Excellent spreadsheet and general computer skills including SAP and BPC
  • Ability to work independently and result driven.

Key Success Factors:

  • Effective liquidity management and forecasts that supports business needs.
  • Providing an effective support to Treasury Manager on day to day operational issues.
  • Implementation and use of financial information and tools in the company to support business analysis, business strategy and decision making
  • Effective working relationship with all relevant stakeholders (internal & external)

Working Relationship

Reports on a day to day basis to the treasury manager in British American Tobacco Nigeria:

  • External: external auditors; banks and institutions
  • Internal: peers; internal audit; all functions employees

To apply for this position, interested and qualified applicants should click Here

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