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 United Kingdom has an exciting opportunity for a Senior Corporate Finance Manager in London
The key responsibilities of the Corporate Finance Manager are to maintain and implement aspects of the group financing plans, to provide funding solutions to operating and holding companies across the group and to work closely with the Financial Risk Manager and the Treasury Operations team in Romania as well as other key stakeholder across the Group. The role will give the position holder extensive experience across a broad range of corporate finance issues. The incumbent will deputise for the Head of Corporate Finance in his/her absence. The corporate finance team consists of two people; the Head of Corporate Finance and the Corporate Finance Manager.
This is a role where the incumbent will ideally already have extensive Treasury experience. However, for the right individual with outstanding core skills, the experience can be developed on the job.
The Corporate Finance Manager will support the Head of Corporate Finance with all aspects of corporate finance work; this includes advising on and implementing funding requirements at a local, regional and centre level. In addition the Corporate Finance Manager will provide assistance with all treasury aspects related to: i) rating agencies, ii) M&A projects, iii) corporate restructuring projects, iv) debt issuance in the capital markets, v) syndicated and bilateral bank facilities, vi) shareholder returns and vii) debt investor relations. The Corporate Finance Manager will also have responsibility for maintaining and updating policies and practices covering inter alia the Financing Principles, WACC and investment appraisal. Within the wider scope, the Corporate Finance Manager will need to work closely with the Financial Risk Manager.
Your key responsibilities will include:
- Maintain and implement aspects of the financing plan, as defined by the Head of Corporate Finance including the issuance of new debt (bank and bond), the restructuring of existing debt (both internal and external) and introduction of new funding techniques. Recommend key steps and actions to the Head of Corporate Finance
- Investigate and analyse structured and tax related financing mechanisms in support of the financing plan and Treasury vision. Recommend key steps and actions to the Head of Corporate Finance.
- Provide Treasury advice and support in relation to M&A projects. This will involve developing and implementing financing plans in relation to specific projects following authorisation to proceed with a minimum of supervision.
- Keep up to date at all times and provide advice to management on sources and availability of funds in debt capital markets including investor sentiment towards tobacco bonds particularly as far as it affects the group financing plan.
- Understand and consider in the financing plan the main financial risks e.g. FX and interest rates and develop appropriate solutions in conjunction with the Financial Risk manager.
- Provide analytical advice and support in relation to Rating Agency issues including structural subordination and ratio analysis.
- Take responsibility for maintaining and updating policies and practices covering inter alia the Financing Principles, WACC and investment appraisal.
What are we looking for?
- Ideally degree qualified with relevant commercial qualification (MCT/AMCT), ACA, CIMA, ACCA, MBA or equivalent).
- A strong understanding of the mechanics of debt issuance, both public and private, in major markets.
- Knowledge of loan and bond documentation including syndicated and bilateral facilities and Medium Term Notes and competence in the mechanics of negotiation in this arena.
- Willingness to develop and maintain an extensive network of bank contacts in the debt capital markets.
- The ability to understand complex capital and derivative structures quickly and accurately.
- Having an up to date knowledge of the condition of the debt, interest rate, and foreign currency markets and understand how they interact.
- Having an understanding of the key aspects of tax, accounting and treasury relating to the provision of financing within a group context.
- A core understanding of the impact of the relevant accounting standards and input accordingly to corporate finance decision making.
- Very strong analytical skills.
- Have outstanding spreadsheet skills.
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.
