Commercial Finance Executive

BAT is evolving at pace - truly like no other organisation.

To achieve the ambition, we have set for ourselves, we are looking for colleagues who are ready to live our ethos every day. Come be a part of this journey!

BAT GBS PK IS LOOKING FOR A COMMERCIAL FINANCE EXECUTIVE

SENIORITY LEVEL: Non Management Position

FUNCTION: Finance

LOCATION: Lahore, Pakistan

REPORTS TO: Assistant Commercial Finance Manager

ROLE POSITIONING AND OBJECTIVES

To provide timely proactive financial evaluation, information and advice that enables Commercial teams and management to develop and execute effective plans and take informed decisions. To help build strong financial and commercial awareness within the whole Commercial function.

Key success factors include:

• Effective working relations and Business Partnering through Consistent and accurate Finance support to Finance and Commercial team.
• Ability to produce reliable reporting and ensure key financial controls.
• Ontime completion of relevant tracking template.

WHAT YOU WILL BE ACCOUNTABLE FOR

• Support Commercial Finance Executives in analysing Trade Financials and Key Performance Indicators, to facilitate effective decision making and improve efficiency and effectiveness of spend
• Active involvement in month-end closing activities for relevant P&L items (Revenue, Gross Margin, Marketing Investment etc), including accruals / journal postings
• To assist with the preparation of budget/plan/forecasts with support from the team, and to provide accurate and timely information to help Trade Team monitor on-going performance
• Track & monitor actual marketing investment spend vs budget, and flag where corrective action may be required
• Supporting and Performing month-end/quarterly closing activities through processing journal postings/accounting entries/intercompany recharges
• Master Data maintenance
• Pricing memo review and pricing release in ECC system
• Update pricing and trading terms in BPC system
• PO creation / Open Items Management
• Customer Rebate Management and Reconciliations
• Run P&L / profitability reports by customer
• Prepare cashflow projections based on inputs from AP & AR
• To ensure accuracy and robustness of the relevant financial accounts, in line with International Accounting Standards with the correct levels of authority
• Ad hoc support as required by Commercial Finance Managers / Executives and Trade teams

ESSENTIAL EXPERIENCE, SKILLS AND KNOWLEDGE

• Basic understanding and knowledge of Finance with relevant educational background.
• Ability to communicate fluently in English with different stakeholders through virtual platforms.
• Self-driven and proactive individual with ability to manage & execute own responsibilities with minimal supervision.

WE ARE BAT

At BAT we are committed to our Purpose of creating A Better Tomorrow. This is what drives our people and our passion for innovation. See what is possible for you at BAT.

• Global Top Employer with 53,000 BAT people across more than 180 markets
• Brands sold in over 200 markets, made in 44 factories in 42 countries
• Newly established Tech Hubs building world-class capabilities for innovation in 4 strategic locations
• Diversity leader in the Financial Times and International Women’s Day Best Practice winner
• Seal Award winner – one of 50 most sustainable companies

BELONGING, ACHIEVING, TOGETHER

Collaboration, diversity and teamwork underpin everything we do here at BAT. We know that collaborating with colleagues from different backgrounds is what makes us stronger and best prepared to meet our business goals. Come bring your difference!