Senior Manager Fiscal Policy – Category Support

Philip Morris International UK

Location: Greater London

Job Type: Full time


At PMI, we’ve chosen to do something incredible. We’re transforming our business and building our future on smoke-free products. One clear purpose - to deliver a smoke-free future.

With huge change, comes huge opportunity. So, wherever you join us, you’ll enjoy the freedom to dream up and deliver better, brighter solutions and the space to move your career forward in endlessly different directions.
External Affairs is a team full of fresh opportunities. Our smoke-free transformation is completely changing the way we engage. We have stakeholders to talk to and brave new messages to share. We need talented people who are also excited by our sense of purpose to help expand our advocacy towards legislators, civil society, interested 3rd party stakeholders, think tanks, national governments, and public policymakers.

As our work evolves, there’s space to define your role and satisfy your professional curiosity. You’ll be working within the broader policy team in External Affairs, as well as across functions surrounded and supported by experts in everything from fiscal policy, customs policy, regulatory policy, product policy, environmental policy, public affairs, economic research, and illicit trade policy. You’ll be responsible to deliver impact, collaborating closely with regions and markets and other global functions.
Join us and use your policy skills for good: to deliver a smoke free future.

We are currently looking for a Senior Manager Fiscal Policy – Category Support to join our global EA Policy team, based in London, UK (Global Studio), and play an active role in the biggest transformation in the history of our company.
The main purpose of this role will be to support Smoke Free Products Categories (SFP), including Heat Not Burn, Vape and Oral, from a fiscal policy point of view.

Key responsibilities:
  • Provides support from an EA fiscal policy perspective to all products covered by the respective SFPs categories (incl. products in the pipeline) to deliver fiscal policy assessment and advice, securing coherence of fiscal approach across all SFP categories.
  • Monitors fiscal developments & trends related to SFP categories impacting fiscal (customs and excise tax) product classification, product definitions, taxable base, excise tax structure and excise tax levels, etc.
  • Monitors the market in terms of emerging SFPs (incl. products which may be considered as substitutes) and fiscal developments related to these products, in order to identify fiscal opportunities and threats, and identify potential directions in which fiscal policies can evolve, to better inform strategic decisions at the SPFs Categories Management level.
  • In close collaboration and alignment with EA Category Heads, Product Policy and Regulatory Policy Teams, prepares recommendations on fiscal approaches (e.g., customs/excise classification / category definitions, taxable base, etc.).
  • Engage with markets to provide bespoke EA fiscal policy advice & materials, in line with the approach agreed with the SFP Categories Managements.

  • Provides analysis of current fiscal environment as well as emerging fiscal trends vs their impact on the current SFP portfolio and future product innovations.
  • Actively contributes to development of fiscal policy recommendations, in close collaboration with other EA Policy teams (Product, Regulatory, ESG) as well as EA Business Development team, Public Affairs teams, and EA teams in the Regions and in markets.
  • Participate in project meetings for SFPs, provide input to the process from a fiscal, customs standpoint in an accurate and timely manner, and feed back in to the fiscal and customs policy directors.
  • Provides fiscal narratives to EA regions and markets, developed in close cooperation with other functions, including SFPs Category Management, Consumer Insights, Global Communications.

Desired Profile:
  • Education: Public/Government Fiscal Policy, Economics, Finance, Business Management or related fields.
  • Related work experience (8 years +)
o Fiscal / Government / External Affairs (market, region, HQ) in highly regulated products (tobacco & nicotine a plus).
o Experience in the fiscal affairs area a big plus (experience in the fiscal area of SFPs a plus).
o Experience / understanding of business development / commercial (link of portfolio pricing & tax) a plus.
o Knowledge of customs issues / excise administration a plus.
  • Understanding of broader regulatory challenges for SFPs a plus.
  • Understanding / experience of the interplay between policy & politics in legislative process.
  • Ability to analyze the link between existing fiscal framework for SFPs / global trends in fiscal policy together with product portfolio / business development and product commercialization plans (e.g., identifying fiscal risks vs opportunities in the context of product portfolio development).
  • Ability to analyze issues and develop logical, customer-centric solutions, and distill into a concise, comprehensible, and impactful recommendations.
  • Ability to manage complexity and collaboration with numerous cross-functional teams (PBO model).
  • Strong interpersonal and communication skills, writing skills, analytical skills, agility, resilience, outcome orientation.
  • Ability to engage with external 3rd parties on fiscal affairs policy matters.

What we offer
Our success depends on the men and women who come to work every single day with a sense of purpose and an appetite for progress!