Senior Corporate Finance Manager – BATIF

Senior Corporate Finance Manager – BATIF (London)

Responsible for preparation of BATIF group and BATOF financial statements and management accounts, forecasting and budgeting of the BAT Group’s Net finance cost, and preparation of treasury related notes for the Annual Report and Accounts.

Key Responsibilities

• Preparation of statutory financial accounts for BATIF Group and BATOF
• Review and approval of journals for BATIF/BATOF and ensuring timely close of BATIF/BATOF’s general ledger for monthly/quarterly reporting cycle, including review and maintenance of hedge documentation for swaps and review of effectiveness reports and net investment hedges, ensuring relevant SOX controls are operational and effective
• Reporting the BAT Group’s net finance cost, borrowings, cash, derivatives and investments held at fair value
• Forecasting of the BAT Group’s Net Finance Cost at current and constant rates (circa £1.8 billion) and tracking the actuals against forecast. Having regular catch‑ups with central treasury and CP&A regarding forecasted NFC and approval BATIF/BATOF’s BATCASH forecast
• Work closely with the Corporate Finance Controller responsible for cash management within CP&A on the BAT Group’s Net Debt targets and actual reporting (circa £40 billion)
• Provision of accurate financial instrument accounting advice to BAT Group companies and maintenance of GMAPP as necessary
• Provision of accounting support to the Global Treasury team during EMTN, SEC bond issuances and program updates including representation letters
• Support in defining functional requirements for BAT Group systems related projects eg Nexus Genesis / Pulse and performing user acceptance testing where necessary
• Involvement in ad‑hoc projects driven by Group treasury team or Group Statutory Reporting team, including the drafting of technical accounting papers
• Assist U.S. Treasury company (BATCAP) with hedge accounting in respect of swaps and forecasting of NFC and provide accounting support to Group treasury and Group Tax

Qualifications

• Degree educated with professional qualification (CA/ACCA/CIMA/CPA/MBA)
• Experience of accounting/auditing for financial instruments, particularly as governed by IAS 32, IFRS9, IFRS7 and IAS 21 (and UK GAAP equivalents)
• Understanding of treasury risks and the management of those risks through financial instruments
• Ability to simplify complex situations and synthesize, communicate and present complex information
• Detailed schedules kept in Excel and ability to maintain, change and improve them
• Knowledge of BPC reporting tool (stat and mgmt.)
• Understanding of SAP, in particular the Treasury module, is desirable
• Previous experience in using Bloomberg software is desirable

Benefits

• 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 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
• 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

Equal Opportunity and Diversity Statement

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.

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