BAT is evolving at pace into a global multi-category business. We are on a mission to decrease the health impact of our industry
To achieve our ambition, we are looking for colleagues who are ready to Be The Change. Come, join us on this journey!
BAT UKIS LOOKING FOR A BUSINESS CONTROL MANAGER
JOB TYPE: Permanent
FUNCTION:Finance
SALARY RANGE:competitive salary package + excellent benefits + market leading bonus
LOCATION:London, United Kingdom
Purpose:
- The role works closely with BAT Management to assist with the design and effective operation of internal controls. The role covers both: Internal control design activity for both Business as Usual (BAU) and Project or Programme related control changes (e.g. changes to business processes, IT systems and / or 3rd party service providers); and internal control assurance activity.
- Additionally, the role provides Internal Controls expertise, advice and mentorship and promotes an awareness of risk management and control across the BAT’s 1st line teams.
Principal Accountabilities: Central Finance processes e.g. Group financial reporting & consolidation, CP&A, Intangibles Impairment, Corporate Tax, Treasury, Business unit R2R.
- Control design: Provide internal controls design expertise to support business process, system or service organisation changes including:
a.Process mapping
b.Identification and ranking of risks
Design of practical controls and supporting operating procedures, templates, mentorship
- Develop and deliver controls training.
- Develop controls templates / guidance including control operating procedures and documentation standards and embed these across the business.
- Drive controls optimisation e.g. Identification of opportunities to optimise controls through automation, standardisation and centralisation.
- Work with BAT 1st line management teams to ensure controls are embedded.
- Review and update BAT’s internal control framework and controls by interpreting new or evolving regulation (e.g. SEC, FRC, PCAOB, Big 4), taking stock of implementation guidance and regular consultation with 3rd parties on best practice e.g. Big 4, FTSE or Fortune 500 peers.
Controls assurance
- Handle the execution of controls testing.
a. Project leading a team of colleagues from the Business Controls Team and BAT’s co-source Partner of 2-15 at any time (local and / or across multiple geographies) – including activity assignment, delegation, on the job mentorship, monitoring and review.
b. Project handling BAT’s co-source partner – including monitoring of actual work vs. budget and performing quality assurance reviews.
- Business partner with BAT 1st line management teams to support remediation of control issues, including designing practical and proportionate solutions to remediate deficiencies or gaps in control.
- Undertake incident reviews, including root cause analysis and assessing the adequacy of actions to address identified control issues or gaps.
- Prepare concise, relevant reporting of status, results and key findings for BAT Management and Governance forums.
- Maintain on-going communication with BAT’s external auditors including alignment on planning, walkthroughs/testing, audit requests, and deficiency evaluation.
Business partnering
- Build and maintain good working relationships with management (e.g. Central Finance teams, Business unit FDs & Controllers), including regular progress meetings with key partners and ensuring any problems or requests are dealt with promptly.
People management
- Line management responsibility and Team management responsibility for individual assignments, including:
a. setting clear, measurable objectives
b. effective delegation
c. providing on the job coaching and guidance
d. timely, clear and balanced feedback on their performance and development needs.
Additional Information
Context/ Environment
- Degree or equivalent experience educated with a relevant professional qualification e.g. ACA, ACCA, CIA, CISA;.
- 5+ years PQE.
- Strong financial reporting, accounting and controls experience, including in a SOx environment – either via professional services (Big Four - external audit, advisory) or working within the finance or internal controls team at a global multi-national SEC registrant (ideally FMCG).
Knowledge, Skills and Experience
Essential
- Strong knowledge of financial reporting and accounting under IFRS, including central finance topics relevant for a global group including Group financial reporting & consolidation, CP&A, Intangibles Impairment, Corporate Tax, Treasury, Business unit R2R.
- Strong knowledge of US and UK internal control requirements for a global group, including SEC SOx requirements and standard methodologies.
- Experience of one or more of BAT’s core business functions, including finance, operations or marketing.
- Experience in reviewing core business and finance processes and assessing the adequacy of controls, including design and operating effectiveness.
- Effective verbal and written communication skills with the ability to a) describe technical process, risk and controls scenarios in an understandable way to senior management and b) to summarise significant amounts of information into the key messages including impact assessments and recommendations.
- Strong interpersonal skills and the ability to influence key decision makers to ensure risks and control scenarios are fully understood.
- Experience in handling diverse teams as part of both business as usual and one-off project work.
Other desirable
- Understanding of current and evolving controls regulations, accounting principles and industry standards – with emphasis with UK and US regulations (e.g. UK Corporate Governance Code, ESG, Cybersecurity)
- Use data analytics tools to proactively identify anomalies, trends, and potential control weaknesses withing financial and operational data.
- Experience engaging with external auditors.
Working relationship
Internal
- Align BCT activities with the review activities of other BAT departments, e.g. other 2LD teams including Compliance, EH&S, Global Security, IT Security, and Internal Audit.
- Central finance teams & Business unit managers – promote an awareness of risk management and control practices and builds effective working relationships.
- Project Management & Change programmes – provide expert advice, guidance and feedback in the areas of risk management and internal controls.
External
- External Auditors – respond to queries and requests for information and support the external audit activity.
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!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
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.