Financial Control Costs Manager, Edinburgh
Client:
Location:
Edinburgh, United Kingdom
Job Category:
Finance
-
EU work permit required:
Yes
Job Reference:
189c3d57dd4e
Job Views:
66
Posted:
22.01.2025
Expiry Date:
08.03.2025
Job Description:
Serving our customers, communities, and planet a little better every day.
Salary - Salary is from £, + annual bonus & benefits
Location – Edinburgh, Permanent
Office Attendance - Our roles are hybrid; however, you should be able to travel to our Edinburgh office, 2 days per week for this position.
Closing Date - at 5pm
We’re looking for a Financial Control Costs Manager to join our Insurance and Money Services team with a primary focus within the Financial Control Cost team. You will support the team in delivering a robust cost control environment across the IMS business.
Insurance and Money Services is a newly formed business within Tesco Group, aiming to provide customers with great products across everyday Finance needs. This role offers the opportunity to be part of a new Cost Control team.
You’ll have exposure across the Finance function, providing confidence in the integrity of the financials and communicating outcomes. The role will focus on ensuring appropriate accounting treatment and cost recognition.
A key outcome of this role is to support the team in delivering a fit-for-purpose cost base of the go-forward business, ensuring outputs best fit the needs of the business and regulatory requirements.
This role will report into the Senior Manager, Financial Control Costs and will be a key member of that team as well as supporting the broader Finance Function. Key stakeholders will include the Head of Financial Control along with the Product and Cost Decision Support Finance teams.
This role will best suit someone who can demonstrate a track record of working in a cost control environment across the cost P&L and Balance Sheet.
What you’ll be doing
* Support and deliver a control environment that substantiates and gives integrity to the cost-related balances held within the Oracle General Ledger.
* Actively participate as a member of the Financial Control team.
* Support the IMS Accounts receivable and payable processes including intercompany payments and the Tesco India Finance relationship.
* Provide technical guidance when required on analysing data from multiple sources to draw appropriate conclusions and make suitable recommendations.
* Work within established systems to deliver prescribed outcomes for the Cost area of financial control.
* Processing of costs and provide support in forecasting of the Asset Register, advising on appropriate revenue and capital expenditure treatment.
* Work with the offshore team to ensure integrity of the cost recognition.
* Provide a level of segregation of duties for working capital management and payments undertaken by Treasury.
We need you to have
* Strong experience of financial reporting and applying appropriate accounting treatments.
* Substantial general work experience together with comprehensive job-related experience in own area of expertise to fully competent level.
* Understanding of the cost considerations of a business and the end-to-end reconciliation of the ledger and Balance Sheet.
* Understanding of relevant external regulation. Proficient user of MS Excel and PowerPoint.
* Ability to build relationships across a Finance function.
And if you have any of these, even better
* Experience in Insurance or Financial Services.
* Demonstrable experience of being able to quickly hit the ground running.
We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us.
What’s in it for you
* Private Medical Insurance (WL2+) and virtual GP Service for you and your family.
* Performance-related annual bonus.
* Generous holiday allowance with a minimum of weeks, with the opportunity to buy more.
* Colleague Clubcard benefits, enjoy a discount that increases every payday (worth up to £2K). You’ll receive a second card to share with someone else.
* Take part in our Buy as you Earn and Save as you Earn share schemes.
Everyone’s welcome
We want all our colleagues to feel welcome and be themselves. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, valuing the richness and diversity this brings to our business.
Additional Information
Role Alignment
Following the announcement regarding Tesco's partnership with Barclays, this role will support our Insurance and Money Services team and will remain with Tesco.
Interviews
Interviews are expected to be held from w/c th June.
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Created on 22/01/2025 by TN United Kingdom
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