Finance Manager - Control

ENGINEERINGUK; Welwyn Garden City; Hybrid; GBP 30,000 - 60,000; Full time

Job description

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About the role
This role sits within the UK control team, responsible for the periodic reporting for Tesco's UK trading and non-trading entities. The successful candidate will be a self-starter with a technical mind-set and problem-solving attitude, a confident communicator; able to explain complex concepts clearly and the ability to swap between getting into the detail and standing back and reviewing. This is a high-profile role, with significant interactions with senior stakeholders and is an excellent opportunity to build strong working relationships and develop technical skills.

You will be responsible for

1. This role is pivotal in ensuring the timely and accurate closure of the UK period end, maintaining strict compliance with accounting standards. A key aspect of your responsibilities will be to ensure all processes adhere to ICFR requirements while continuously improving and refining end-to-end processes.
2. Your responsibilities will include sending out period-end communications, analysing various costs, and managing our flash profit process. You will also be responsible for posting journals in both our general ledger and consolidation systems and ensuring all period-end tasks are completed on time. A thorough understanding of our entire UK P&L each period is essential, as is ensuring the period-end close is executed promptly and in a controlled manner.
3. The UK control team frequently handles interesting business transactions such as acquisitions, disposals, and new initiatives. You will be expected to manage transactions end-to-end, from determining the original accounting to ensuring execution aligns with your guidance. These activities provide opportunities to develop your technical accounting knowledge and present accounting papers to our auditors and senior business leaders.
4. Additionally, you will serve as the subject matter expert for UK cashflow, ensuring its accuracy and explaining key movements in management account meetings. You will assist with cashflow queries on forecasting and be the go-to person for the business when advice on presenting cashflow items is needed.
5. In this role, you will also be the subject matter expert for insurance. You will liaise with the insurable risk team to determine budgets for insurance and monitor performance against targets, re-forecasting as necessary throughout the year. You will be responsible for analysing and explaining variances and trends to senior stakeholders, including the Group Finance Director and UK Finance Directors. The role also involves business partnering activities, working closely with insurable risk teams and the business to enhance business planning and modeling.

You will need

1. A or equivalent qualified with 2+ years PQE.
2. Experience of working with cross-functional teams.
3. Experience of period end closing would be beneficial.
4. A track record in delivering continuous improvement.
5. Capacity for big picture thinking whilst still being able to analyse the detail.
6. Ability to review, summarise and critique data and undertake own research to facilitate understanding.
7. Great technical knowledge.

What's in it for you?
We're all about the little helps. That's why we make sure our Tesco colleague benefits package takes care of you - both in and out of work.

• Annual bonus scheme of up to 20% of base salary
• Holiday starting at 25 days plus a personal day (plus Bank holidays)
• Private medical insurance
• 26 weeks maternity and adoption leave (after 1 years' service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave
• Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing

About Us
You might know us as a supermarket, technology company or even for our award-winning mobile network. Truth is, we're all of those things, and much more. Our colleagues work with one goal in mind, helping to make every day a little better for our customers, colleagues and communities all over the world. No two customers are the same, neither are our colleagues.
At Tesco, we champion a balance that lets you thrive both in and out of work. Spend 60% of your week collaborating with colleagues at our office locations or local sites and the rest remotely. Whether you're just kicking off your career, juggling passions, or navigating big life events, we're here to support you. We always welcome a conversation about flexible working, so talk to us throughout your application about how we can support.

We're proud to be an accredited Disability Confident Leader, where everyone's welcome. That's why we commit to providing a fully inclusive and accessible recruitment process. If you need support with your application, click here for more information. And if you're interested in joining our team but don't tick every box, don't let that hold you back from applying.