Commercial Finance Intern

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!

British American Tobacco (BAT) are committed to Building a Smokeless World and creating A Better Tomorrow.

We are expanding our portfolio of products into new areas Beyond Nicotine as we continue to drive a step change in our business. This involves entry into the Wellbeing and Stimulation category, with functional consumable products, such as shots. The Water Street Collective was created by BAT in 2022 to serve this aim.

BAT IS LOOKING FOR A Commercial Finance Intern – The Water Street Collective

FUNCTION: Wellbeing & Stimulation

SUB FUNCTION: Commercial Finance

CITY & COUNTRY: London, UK

THE WATER STREEET COLLECTIVE: WHO WE ARE

We started out as a group of non-conformists in a corporate world, who noticed the people around us struggling to juggle the demands of every-day life. By contrast, wellbeing had become complex, expensive, and big on claims but short on effectiveness. We saw the need for change.

We have an amazing team of scientists, product and packaging developers, brand specialists and more, who also happen to be mums, dads, weekend warriors, foodies and adventure-seekers. We all share the same mission of wanting to help people like us better manage their wellbeing.

We’re a wholly owned subsidiary of BAT Plc and operate independently. We partner with BTomorrow Ventures – facilitating access to world-class science and R&D, and other wellbeing companies to help us achieve our ambition of bringing nice, clever wellbeing products and solutions to everyone.

Ryde: is the first brand in The Water Street Collective portfolio. Ryde: makes wellbeing easy instead of adding stress to your day. It’s why we created pocket-size shots that help you feel your best just when you need to. And with their delicious taste and no added sugar, they're the perfect daily ally on-the-go.

ROLE POSITIONING AND OBJECTIVES

The Commercial Finance Internship will be 12 months and will be based in our Global Head Office in Central London. You will gain practical experience within The Water Street Collective Commercial Finance team and will also be exposed to the Marketing and Operations functions, along with our Commercial teams in the US, Canada and Australia (where we sell products today). You will be part of a small, diverse, fast-moving team with big objectives, so strong communication skills and an appetite for fast learning is essential.

Reports to: Commercial Finance Manager

Geographic Scope: UK office, Central London

WHAT YOU WILL BE ACCOUNTABLE FOR

• Month-end activities including preparation of sales and P&L reports, year-to-go and next-year forecasting, stock and fixed asset reconciliations.
• Support of Marketing and Operations team finance requests, including analysing financial impact of product changes and introductions, and production cost calculations.
• Support to local Commercial teams in US, Canada and Australia including budget forecasting and commercial P&L calculations based on negotiations with new accounts.
• Financial analysis on price and promotions.
• Collaboration with Global Business Services team and Operations team on budget reconciliation, payments and credit.
• Supporting ad-hoc requests from Finance colleagues.
• Creation of business cases for new projects, coordinating cross-functional inputs to produce a forecast and clear recommendation.

IMPORTANT EXPERIENCE, SKILLS AND KNOWLEDGE

• Understanding of a Profit and Loss Statement is essential.
• Strong Excel skills (LOOKUPs, SUMIFs, Pivot tables). General confidence in working with numbers and multiple large spreadsheets.
• Skilled using PowerPoint, especially charts and graphs.
• Demonstrated analytical experience – where have you analysed data, deduced an outcome, stress-tested it, then recommended and implemented a solution?
• Strong communication skills including in-person and over email/teams, across various functions and seniority levels.
• Genuine passion for the Wellbeing and Stimulation (functional food and beverage) category.
• Prior experience (including internships) in a Financial or other Commercial environment.
• Bachelor’s degree

BENEFICIAL

• Basic knowledge of financial business processes.
• Experience in a high-growth business/funded start-up
• Experience managing multiple stakeholders and priorities
• Accounting knowledge and/or experience
• Understanding of grocery, convenience and Amazon retail business models.
• Experience in Power BI
• Experience in SAP/BPC

WE ARE 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!

WHAT YOU GET

• Base salary of £25,500 per annum
• Future development opportunities, including mentoring, coaching, and possible consideration for future roles if performance criteria met.
• Deep immersion and understanding across the full value chain of a new, high growth consumer goods business, within a publicly listed parent company.
• Exposure to senior stakeholders within a FTSE 100 company.
• Knowledge of retail and ecommerce landscape in US, Canada and Australia.
• Become a part of building A Better Tomorrow.

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.