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 an Senior Corporate Finance Manager in London
This role is part of the Group Reporting Statutory Team involved in preparing certain parts of the Group’s Annual Report, 20-F and 6K together with the preparation of the preliminary announcement. The role holder leads on BAT Group impairment assessments related to goodwill and certain other intangible assets recognized in the financial statements, working with end markets as necessary. The role holder also provides support to end markets in respect of local statutory impairment review processes as necessary. Additionally, the role holder oversees the financial reporting activities in respect of associates and other investments held at fair value.
The Senior Corporate Finance Manager is responsible for ensuring that financial reporting deadlines are met and a robust financial control environment is maintained, whilst working in close partnership with various stakeholders within the Group to achieve various financial objectives.
Your key responsibilities will include:
- Lead the Group’s intangible and goodwill impairment assessments, ensuring compliance with IAS 36 and IAS 38; coordinate closely with Group auditors and contribute to Reynolds and Canada’s goodwill impairment processes
- Prepare goodwill impairment assessments for the Rest of World (RoW), liaising with CGUs to address impairment risks and navigate complex valuation issues.
- Assist the Group Statutory Reporting Manager in preparing the Group’s intangible asset disclosures and update the GMAPP framework in line with IAS 36 and IAS 38.
- Oversee Group’s associates and equity investments in ITC Limited and VST Limited; prepare associate disclosures each reporting period in compliance with IAS 28. Also ensure ITC Limited equity accounting has a robust control framework and that this is operating efficiently.
- Responsible for preparation of the Group’s disclosures for Investments held at Fair Value.
- Deliver forecasts for ITC Limited and VST Limited across key SOP cycles, analyse variances against actuals, and provide summaries to FP&A.
- Collaborating with the Btomorrow Ventures team, with a particular focus on the accounting and valuation of investment assets
- Deliver accounting support to the NVH team regarding valuations prepared using the discounted cash flow method.
- Supporting the Group Chief Accountant in the preparation of preliminary announcements, including areas such as volumes, regional summaries, product category summaries, EPS tables, non-GAAP measures, and various disclosures.
- Own and maintain the master spreadsheet for preliminary announcements, collaborating with FP&A, Tax, and GSRT to ensure accuracy of disclosures.
- Supports in the administration of Workiva including the provision of access and the filing of the US reporting
- Deliver coaching, guidance, and performance management to one direct report while promoting an environment that encourages ongoing learning and development.
What are we looking for?
- Degree educated with professional qualification (CA/ACCA/CIMA/CPA/MBA)
- Experience of accounting/auditing for financial instruments, particularly as governed by IAS 28, IAS36, IAS38, IFRS 9, IFRS 7 (and UK GAAP equivalents)
- Good understanding of commercial business models in operation across BAT
- Understanding discounted cash flow models and the requirements of IAS36
- Communications skills for dealing with overseas-based operating company accountants (helping them with Group reporting requirements), as well as with head office FP&A, tax and the investment team of BTV
- Ability to simplify complex situations and synthesize, communicate and present complex information
- Detailed schedules are kept in Excel: ability to maintain, change and improve them.
- Strong Influencing and interpersonal 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.
