BAT is evolving at pace - truly like no other organization.
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 ROMANIA IS LOOKING FOR ACorporate Finance Executive
SENIORITY LEVEL: Non-Management
FUNCTION: Corporate Finance Executive
LOCATION: Bucharest
ROLE POSITIONING AND OBJECTIVES
Reports to: Planning and reporting Manager
Reporting Level: Non management
Corporate Finance Executive role is part of Corporate Finance team with focus on balance sheet and cash flow management. The role has very close interactions with sales, procurement, supply chain, trade finance, treasury and Corporate finance as well as Cluster Finance team and Regional Shared Services team. The focus of the activities will be on Adria markets (domestic and export).
Corporate Finance
EXPERIENCE, SKILLS, KNOWLEDGE:
- Good knowledge of accounting
- Good Analytical and numerical skills
- Clear understanding of group accounting policies, procedures, and reporting requirements
- Advanced knowledge of business computer applications, Excel, Word, Access
- BPC understanding is required
- Understanding of Balance sheet and Cash flow statement is a must
- Ability to meet deadlines
- Analytical approach to work, with good problem-solving skills and initiative
- Strong attention to detail and an investigative nature
- Good time management skills and ability to prioritize
- Business English proficiency
ACCOUNTABILITIES
Business:
- Management of monthly changes and sensitivities on balance sheet and cashflow
- Tracking of bi-weekly direct cash updates
- Provide support on BATCASH submission to Treasury manager
- Coordinate monthly update cycles of cashflow updates on Adria level
- Engagement with supply chain executives in order to determine any changes in the stock levels and stock mix and government levies (excise and VAT)
- Engagement with trade finance in order to determine the levels of receivables and accrued income
- Support the Formula library project in Adria – continuous improvement post implementation
- Engage with Marketing finance and budget holders in order to determine the amounts of accruals and liabilities
- IFRS 16 forecasting
- Engagement with Corporate tax manager to determine deferred and corporate taxes
- Engagement with Corporate finance, GBS P&R and GBS CFOM P&R to determine the intercompany receivables and liabilities
- Half year and Full year cash management (target setting)
Personnel:
- Providing support in implementation of group reporting standards in terms of balance sheet and cashflow
- Providing support to other departments in company
- Cooperation with other teams within Adria cluster and GBS
- Regular communication with all relevant parties in terms of timely and full delivery
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!