At a Glance
- Tasks: Lead financial analysis and support procurement teams in negotiations to drive automation and efficiency.
- Company: Join British American Tobacco, a global leader committed to creating A Better Tomorrow™.
- Benefits: Enjoy a competitive bonus, diverse health plans, flexible holidays, and continuous learning opportunities.
- Other info: Embrace inclusivity and career growth in a supportive workplace that values diverse perspectives.
- Why this job: Shape the future of finance in a dynamic environment with real impact on global operations.
- Qualifications: Professional finance qualification and experience in FMCG or similar fast-paced industries.
The predicted salary is between 58500 - 71500 £ per year.
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 Procurement Finance Manager in London
Your key responsibilities will include
- Update Group WMS pricing estimates in collaboration with central category managers and regional finance teams, ensuring accurate reflection in regional P&Ls.
- Partner with product costing teams and factories to enhance forecasting processes, improve pricing data quality, and drive automation.
- Provide financial analysis and insights to support procurement teams in commercial negotiations, focusing on cash flow and P&L impact.
- Lead finance-driven automation initiatives and collaborate with project teams to digitalize processes and reporting insights.
- Coordinate savings workshops with regional teams, develop pricing estimates, and support the achievement of procurement targets.
- Manage procurement financial KPIs, including savings, productivity reporting, cash delivery (DPO), and governance of the savings tracking tool (PSTT).
- Support procurement leadership reporting by preparing updates for key forums, providing commodity pricing outlooks, and ensuring alignment with Greenbook productivity savings methodology.
- Monitor and analyze overhead budgets, support risk mitigation reporting, and conduct regular reviews with HR, procurement leadership, and PLT members.
What are we looking for?
- Professional qualification (CA/ACA/ACCA/CIMA) with post-qualification experience in a global FMCG, or similar dynamic operating environment;
- Experience of operations/ supply chain, product costing, commercial finance, transfer pricing, tax, treasury, and knowledge of IFRS;
- Understanding and knowledge of relevant finance tools and systems, i. e. SAP/BPC;
- Strong analytical, influencing, leadership, interpersonal skills and commercially savvy;
- Proven experience in business partnering non-financial stakeholders;
- Ability to simplify complex situations and synthesize, communicate, and present complex information;
- Insightful, comfortable with ambiguity and uncertainty, pro-active, collaborative, and consultative;
- Independent, able to take own decisions and take calculated risks.
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.
#LI-Hybrid
Procurement Finance Manager in London employer: British American Tobacco
British American Tobacco is an excellent employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of Southampton or London. Employees benefit from comprehensive perks, including a performance bonus and opportunities for professional growth, all while contributing to a company committed to meeting global regulatory standards in the chemical compliance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Finance Manager in London
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like British American Tobacco.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Procurement Finance Manager in London
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to British American Tobacco:Your cover letter should read like you’re chatting directly to British American Tobacco. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like British American Tobacco.
How to prepare for a job interview at British American Tobacco
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at British American Tobacco!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at British American Tobacco. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into British American Tobacco's culture.
