Commercial Finance Manager

Location
Lahore (PK)
Salary
Market Competitive
Posted
21 Feb 2024
Closes
21 Mar 2024
Job role
Finance manager
Contract type
Permanent
Hours
Full time
Experience level
Manager

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 PK IS LOOKING FOR A COMMERCIAL FINANCE MANAGER

SENIORITY LEVEL: Management Position   

FUNCTION: Finance

LOCATION: Lahore, Pakistan

REPORTS TO: Commercial Finance Lead

 

ROLE POSITIONING AND OBJECTIVES

  • To provide timely proactive financial evaluation, information and recommendations that enables Marketing teams and management to develop and execute effective plans and take informed decisions.
  • To help build strong financial and commercial awareness within the whole Marketing function including an effective internal control environment.

WHAT YOU WILL BE ACCOUNTABLE FOR

  • Lead the monthly SOP process, ensuring accountability and alignment of financial metrics.
  • Coordinate the preparation of budgets, plans, and forecasts with team support, providing accurate and timely information for ongoing performance monitoring by the Trade Team.
  • Take ownership of month-end closing, including sales rebate reconciliation, and lead the monthly planning cycle. Analyze general ledgers to provide comprehensive insights for management review.
  • Lead the preparation of budgets, plans, and forecasts, providing accurate and timely information for ongoing performance monitoring.
  • Lead the financial analysis to evaluate the effectiveness and efficiency of Marketing programs and touchpoints, enabling better decision-making and resource allocation.
  • Collaborate with the Marketing Leadership Team on financial controls, profit delivery, budgeting, marketing plans, operating expenses, and capex.
  • Contribute to the pricing strategy for the market through running simulations and elasticity analysis.
  • Evaluate the effectiveness and efficiency of Marketing programs and touchpoints through thorough financial analysis, enabling improved decision-making and resource allocation.
  • Analyze and offer recommendations on product and brand profitability.
  • Provide input to the strategic decision-making process and actively contribute to strategic initiatives, such as investment models for customers.
  • Participate in negotiating Trade contracts and performance payments, utilizing pricing scenarios and customer margin analysis. 
  • Perform robust financial evaluations and business cases, including scenario analysis and post-implementation reviews.
  • Lead the review and assessment of competitors' marketing activities, financials, and market share to inform strategic decisions.
  • Elevate the level of financial and commercial awareness within the Marketing teams, promoting objective decision-making.
  • Assist management in developing and implementing practical procedures to ensure a high level of internal control is maintained within the department and with external parties.
  • Increase financial and commercial awareness within the Marketing area, educating the organization on commercial and financial skills.
  • Ensure the accuracy and robustness of relevant financial accounts, in line with International Accounting Standards, and with the appropriate levels of authority.
  • Drive ad hoc projects as needed.
     

ESSENTIAL EXPERIENCE, SKILLS AND KNOWLEDGE

  • Degree educated ideally in commerce / accounting / finance, with professional qualification (CA/ACCA/CIMA/CPA/MBA)
  • 5+ years of experience in a similar dynamic operating environment – matrix organisation with multiple stakeholders to manage.
  • Broad experience in large global organization/ FMCG
  • Experience of leading and developing small teams
  • Good stakeholder engagement and management skills
  • Influencing and good interpersonal skills
  • Experience in strategic analysis, data analytics and business modelling, project planning and execution, commercial foresight
  • Ability to simplify complex situations and synthesise, communicate and present complex information.
  • Insightful, comfortable with ambiguity and uncertainty, proactive, collaborative and consultative
  • Familiar with SAP
  • Attention to detail, diligent and resilient.
  • Proactive and adaptable to change
  • Continuous drive for improvement in execution
  • Excellent excel skills with hands on experience on MS power point.

 

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! 

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