Strategic Assets Executive
2 weeks ago
**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 UK** **IS LOOKING FOR A STRATEGIC ASSET EXECUTIVE**
**JOB TYPE**:Permanent
**FUNCTION**: Operations
**SALARY RANGE**:competitive salary package + excellent benefits + market leading bonus
**LOCATION**:London, United Kingdom
**Purpose statement**:
- To administrate BAT’s Strategic Asset Management from new order creation as well as the movement of cascaded machinery, throughout the BAT Group through to controlled destruction ensuring that import/export procedures are fully applied to meet business needs of the Donor and Recipient companies and compliance with Group Audit Best Practices.
- To handle the BAT Group Strategic Asset Register on SAP so that it is current and accurate.
**Dimensions**:
- Number of Suppliers - 30 including the Major Tobacco Industry Suppliers
- Approximately 50 wholly owned BAT Operating Companies and Associates and Joint Ventures
- Processing MC orders supporting capital expenditure to the value of £300mn per annum
- Recuperating Supplier repayments to BAT £5mn - £10mn per annum
- Full commercial support for Regional Teams and Operating Companies when relocating Strategic Machinery.
- Strategic Asset Management - 20,000 asset records.
**Principal accountabilities**:
- Handle BAT Group Strategic Asset Register.
- Lead Trading Accounts for the asset related transactions of the Manufacturing Department.
- Provide accurate information to assist internal and external audit of the Group Strategic Asset Management and disposal processes
- Ensure timely reimbursement of payments owed by the OEMs to BAT (usually £5mn - £10mn per year)
- Handle long-term Supplier Relations and actively promote a positive and pro-active support
- Act as a specialist resource to extract SAP information for the Manufacturing team for IWS and maintenance development for standard methodologies within BAT.
- Chair the weekly Global Manufacturing Departmental meeting on as near as possible to an IWS basis.
**Additional information**
**I. Context/Environment**
The Manufacturing department acts on behalf of BAT’s Global Operations handling Strategic Machinery, Capital Investment Projects and service supplies to the BAT Group and Joint Venture Partners. This activity involves a continuous dialogue with a multi-supplier base.
As Governments, Central Banks and in many instances Independent Inspection Companies (employed by the recipient country’s Government Authorities) impose increased regulations, great care and accurate knowledge has to be applied to guarantee strict compliance of contracts whilst ensuring that the company's needs are met when ordering or moving Capital Equipment around the world.
**II. Knowledge, Skills & Experience**
- Detailed understanding of Supplier’s supply chain activities, key costs and business drivers and ability to interpret information from many various sources.
- Detailed knowledge of the supplier market, supplier capabilities and the driven pressures on these limited resources.
- Complete awareness of Financial Status of suppliers and Risk Assessment of suppliers to protect BAT's financial exposure.
- High degree of International Business Practise knowledge covering Import and Export best practises, Fiscal procedures and local and governmental regulations which vary from country to country.
- Knowledge of our Operating Companies including Financial Management, Operations Management, their Company Plan and ongoing needs.
- Professional knowledge of Commercial aspects and shipping procedures.
- To be able to act as an intermediary to resolve problems between various parties to maintain British American Tobacco’s global business integrity and reputation in a growing sensitive environment.
- Good knowledge of IWS principles.
**III. Key Success Factors**
- Recognition as a Centre of Expertise for the movement of Capital Equipment.
- Efficiently challenging other Tobacco Manufacturers for Supplier’s limited capacity and resources.
- Provision of effective Commercial support for the Strategic Machinery Cascade programme to optimally take care of all complexities.
- Full participation in follow up from factory closures to ensure that company assets are redeployed in a safe, timely and secure manner allowing asset values to be realised to the benefit of the Group.
**IV. Working Relationships**
**External**:
- Equipment Suppliers -Sales Executive contacts established to agree and direct on Commercial matters and to represent the company interests at all times.
- Central Banks - Payment administrators to ensure applicable terms associated with complicated markets are understood and applied
- Export Authorities - To maintain a high level of understanding of the constantly evolving export environment.
**Internal**:
- Operations Direc
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