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!
British American Tobacco Romania an exciting opportunity for a Corporate Finance Manager – Treasury in Bucharest, Romania
This role reports to the Senior Corporate Finance Manager and assists the reporting developments team and Treasury. It supports the Group’s efforts to implement process changes and accounting/compliance improvements across its UK, US, and South Africa listings. The role will focus on implementation and execution of process change with specific focus on treasury products and financial reporting (net finance costs, leverage and quarterly cadence).
Your key responsibilities will include:
- Accounting Conversion – supporting the reporting developments team lead on financial instruments and derivatives and hedging to impact assess existing operational processes and documentation (retrospectively and prospectively) as compared to , proposed accounting standard changes under IFRS and U.S. GAAP, focusing on Fair Value, Cash Flow and Net Investment Hedging and any other ad hoc request.
- Documentation – supporting the implementation of changes to documentation and documenting process/ control changes to meet IFRS and U.S. GAAP compliance aligning with internal partners such as Group Reporting, Global Treasury Operations, IT and FP&A.
- Systems – Assisting in documenting the business requirements for future compliance both tactical and strategic.
- Treasury Processes – Assisting in the review of Treasury processes alongside compliance requirements and formulating impact assessment.
- Supporting design and compliance of the SOX controls relevant to Treasury.
- Responding to end market request for financial accounting and treasury-related technical and administrative support, limited to matters governed by IFRS and U.S. GAAP.
- Preparation of policy updates to incorporate changes in process and responsible for timely communication to partners impacted.
- Liaising with internal interested parties such as Group Statutory Reporting Team, Group Treasury Operations, Statutory Reporting Team, Tax team, Legal team, FP&A, auditors to ensure smooth running of day-to-day activities.
- Other ad-hoc as requested by the Senior Corporate Finance Manager – Treasury finance or the Senior Corporate Finance Manager – Reporting Developments
What are we looking for?
- Degree educated with professional accountancy qualification (i.e. CA/ACCA/CIMA).
- A good understanding of group and corporate finance principles/experience and ability to deliver commercial insights in a constantly evolving area of the business.
- A good understanding and experience with treasury instruments and processes (e.g. Derivatives, hedge accounting, factoring, supply chain finance, and quarterly reporting.)
- Ability to manage a high volume of data and present in a simple, innovative and impactful way using all current systems to simplify and automate information management. (i.e. SAP/ BI/BPC/CFIN experience)
- Possesses good understanding of IFRS standards (particularly IFRS 9, IAS 32, IFRS 7) and U.S. GAAP relevant to treasury accounting for a multinational company (Latter is a strong plus but not essential, can be taught).
- Ability to prioritise and is resilient, to identify process and reporting improvements and proactively implement solutions.
- Ability to work independently managing partners across a wide range of locations.
- Strong communication and inter-personal skills are required to influence and challenge.
- Maintains excellent working relationships with all collaborators and is a standout colleague.
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.
Collaboration, inclusion and partnership underpin everything we do here at BAT. We are looking forward to enabling every individual to thrive, regardless of 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, veteran status, perspectives and thinking styles. We know that embracing talent from all backgrounds is what makes us stronger and best prepared to meet our business goals.
We see the career breaks as opportunities not obstacles. Through The Global Returners program, we support professionals looking to restart their careers after an extended absence from the workforce (e.g. time out caring for family, parental leave, national service, sabbatical and/or starting an 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.
If you require any reasonable adjustments or accommodations to help you perform at your best during the recruitment process, you are encouraged to notify us. We are fully committed to support you by making appropriate arrangements for you to demonstrate your full potential.
