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Finance Manager Job Vacancy in Saudi Arabia

Posted date [2022-02-16]   (ID: 21390)
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We are looking for a Financial Manager to join British American Tobacco {BAT}. The Financial manager will monitor BATs corporate finances, as well as perform data analysis and advise senior managers on ideas to maximize profits. Will often work as part of a team, assisting in making decisions that affect the organization, a task for which must need analytical ability and excellent communication skills. The role is responsible for both commercial and corporate planning and reporting areas of the Regional Finance team to deliver the planned metrics for the regional Cluster & sustainable growth agenda through enabling resource allocation, providing financial analysis and insights, initiatives and achieving TW Finance objectives. The incumbent should have experience in both corporate and commercial finance. Also enjoy supporting in building a sustainable talent pipeline, inspire people and drive high performing Finance team. Were redefining an industry while going through our own digital transformation, using innovation to keep our portfolio of products at the cutting edge. We have always been committed to recruiting, developing, and retaining the very best people in our business functions. As a member of our team, youll join an outstanding workplace, collaborating across borders with colleagues from multiple fields to evolve our business in one of the most dynamic phases of our history. Our company succeeds when our people thrive. Because the growth and well-being of our people are essential, we offer rich compensation, benefits, services, and development programs to help employees maintain and improve their health, wellness, and work/life balance. We empower our employees to balance their schedules to what suits them the most and how they are most productive.
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!

WHAT YOU WILL BE ACCOUNTABLE FOR
Commercial:
Support Total Customer Investment, Revenue Growth Management, Drive productivity savings & cost base optimization.
Provide insightful commercial inputs and demonstrate business acumen to support strategic goals of TWC and accelerate the growth agenda.
Lead development and oversea execution off strategic planning and decision-making and resource allocation of the Marketing (Trade, Brand) department by evaluating the effectiveness/efficiency of Marketing programs & touch points.
Ensure spend efficacy and smart cost management within the Marketing team as well as resource allocation decisions are based on improving shareholder value and in line with company strategy.
Ensure accounting and governance procedures for Marketing are in place and operating effectively. Identify ways to improve the current control environment & business processes and own the changes without compromising creativity and enterprising spirit.
Ensure Commercial Finance contributes as an effective business partner to Marketing. Ensure quality service/mentorship in all relevant areas of work is provided to all sections of marketing department.
Other ad-hoc tasks as requested (e.g., lead commercial meetings).
Corporate:
Ensure that accurate completion of financial management reports.
Prepares commentaries of key drivers of actual vs. Plan financials.
Performs ad hoc analysis as required by Head of Finance for actuals and planning scenarios.
Constantly improve ways of working and aim for efficiency (simplification) and data accuracy for reporting purposes.
Lead internal control processes (control navigators, risk assessments).
Review local tax & statutory reporting; Work closely with external auditors.
Post Details
Job Title Finance Manager
Description We are looking for a Financial Manager to join British American Tobacco {BAT}. The Financial manager will monitor BATs corporate finances, as well as perform data analysis and advise senior managers on ideas to maximize profits. Will often work as part of a team, assisting in making decisions that affect the organization, a task for which must need analytical ability and excellent communication skills. The role is responsible for both commercial and corporate planning and reporting areas of the Regional Finance team to deliver the planned metrics for the regional Cluster & sustainable growth agenda through enabling resource allocation, providing financial analysis and insights, initiatives and achieving TW Finance objectives. The incumbent should have experience in both corporate and commercial finance. Also enjoy supporting in building a sustainable talent pipeline, inspire people and drive high performing Finance team. Were redefining an industry while going through our own digital transformation, using innovation to keep our portfolio of products at the cutting edge. We have always been committed to recruiting, developing, and retaining the very best people in our business functions. As a member of our team, youll join an outstanding workplace, collaborating across borders with colleagues from multiple fields to evolve our business in one of the most dynamic phases of our history. Our company succeeds when our people thrive. Because the growth and well-being of our people are essential, we offer rich compensation, benefits, services, and development programs to help employees maintain and improve their health, wellness, and work/life balance. We empower our employees to balance their schedules to what suits them the most and how they are most productive.
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!

WHAT YOU WILL BE ACCOUNTABLE FOR
Commercial:
Support Total Customer Investment, Revenue Growth Management, Drive productivity savings & cost base optimization.
Provide insightful commercial inputs and demonstrate business acumen to support strategic goals of TWC and accelerate the growth agenda.
Lead development and oversea execution off strategic planning and decision-making and resource allocation of the Marketing (Trade, Brand) department by evaluating the effectiveness/efficiency of Marketing programs & touch points.
Ensure spend efficacy and smart cost management within the Marketing team as well as resource allocation decisions are based on improving shareholder value and in line with company strategy.
Ensure accounting and governance procedures for Marketing are in place and operating effectively. Identify ways to improve the current control environment & business processes and own the changes without compromising creativity and enterprising spirit.
Ensure Commercial Finance contributes as an effective business partner to Marketing. Ensure quality service/mentorship in all relevant areas of work is provided to all sections of marketing department.
Other ad-hoc tasks as requested (e.g., lead commercial meetings).
Corporate:
Ensure that accurate completion of financial management reports.
Prepares commentaries of key drivers of actual vs. Plan financials.
Performs ad hoc analysis as required by Head of Finance for actuals and planning scenarios.
Constantly improve ways of working and aim for efficiency (simplification) and data accuracy for reporting purposes.
Lead internal control processes (control navigators, risk assessments).
Review local tax & statutory reporting; Work closely with external auditors.
Job Start Date 2022-06-30
Salary from 25000.00
Salary to 45000.00
Number of Vacancies 11
Location Job Location -> Saudi Arabia
Location City Jeddah
    
Desired Candidate's Profile
Gender No Preference
Nationality Nationality -> No Preference
Candidate Current Location
Work Experience
Candidate Profile Description Minimum Bachelors Degree in Business, Economics, Finance or Accounting; Masters Degree would be an added advantage.
5+ years of experience in both commercial & corporate finance in MNCs.
Experience in Big Four accounting firm and FMCG is preferred.
Experienced in handling distributors is preferred.
Excellent cash flow management knowledge.
Strong core analytical, decision making, and problem-solving skills and ability to effectively prioritize tasks.
Strong Excel skills.
Insightful, comfortable with ambiguity and uncertainty, pro-active, collaborative and consultative.
Strong influencing, leadership and interpersonal skills (stakeholder management).
Ability to simplify complex situations and synthesize, communicate, and present complex information.
Insightful, comfortable with ambiguity and uncertainty, pro-active, collaborative, and consultative.
Proficiency in Microsoft Word & Excel, Thorough understanding and knowledge of relevant finance tools and systems, i.e. SAP/BPC.
Strong communication skills. Must be proficient in both written & verbal English.
Leadership capability in leading a team.

COMPENSATION/TARGETED BONUS
Highly Competitive salary
Targeted Annual Bonus & BAT Premium fringe benefits

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 55,000 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 Womens 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!
Job Classification
Job Type Job Type -> Full-time
Industry Type Job Industry -> Tobacco
Job Function Job Functions -> Accounting-Finance
Employers Details
Company British American Tobacco
Contact Person Kingsley Thomas
Designation HR Manager
Telephone 0096626062520
Email
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