One Stop - Finance Manager - Stock & Distribution

Hours: 37.5 hours per week

Salary: Competitive + Benefits

Location: Apex Road, Brownhills WS8 7HU

United Kingdom

Apply by: 27/08/2019

One Stop - Finance Manager - Stock & Distribution

Apex Road, Brownhills WS8 7HU

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About the role

At One Stop we aim to serve our local shoppers a little better every day, with a culture that is friendly, fun and where everyone is treated with respect, you have a really great place to work. As part of the team you can make a difference to our business by:

  • Treating each other how they like to be treated.
  • Making things easier.
  • Working together as one team.
  • Making our customers at the heart of everything we do.

We want you to understand the business inside out, we need you to live and embed our values and build great relationships with the amazing people across our business.

You will be responsible for

This role forms part of the Finance Leadership Team and you will be responsible for:

•Business partnering with the Distribution management team:

-You will offer Finance support for the Head of Distribution, DC Managers and Transport manager.

-You will provide financial analysis to support the Distribution management team on the impact of various projects / business decisions on Distribution costs and efficiency.

-You will produce and appraise financial business cases for capex and operational cost investment.

•Weekly & monthly reporting of Distribution costs:

-You will capture weekly data, reporting of Warehouse and Transport costs, including KPI tracking and commentary on key variances to budget / forecast.

-You will manage the month end process for Distribution costs ensuring accuracy of the costs reported in the monthly accounts and provision of commentary on key variances.

•Annual budgeting and periodic forecasting for Distribution costs:

-You will work with the Distribution management to build the annual budget and periodic forecasting of Warehouse and Transport costs, based on a good understanding of the underlying business drivers.

-You will provide walkthrough analysis detailing the key reasons for variances to previous actual / forecasted results.

•Month end Stock provision:

-You will calculate the monthly stock provision based on Tesco accounting guidelines.

-You will analyse and communicate the key drivers for the movement in provision.


-You will liaise with the internal / external auditors with regards to the annual audit and Key Financial Controls (KFC’s) for Stock and Distribution costs.

-You will provide forecasts for stock position as part of the working capital forecast.

-You will manage / provide direction to the Distribution reporting head in HSC Bengaluru.

-You will proactively contribute to the development of the finance department.

You will need

You will have experience of working in Finance with the following technical skills:

  • Excellent analytical ability.
  • Good knowledge of Excel.
  • Excellent communication skills.
  • A problem solver.
  • Attention to detail is key.
  • Be inquisitive.
  • Confident and resilient.
  • Results driven with excellent planning and organisational skills.
  • Ability to engage, communicate, influence and build effective relationships with Stakeholders.
  • Stock reconciliation is a desirable but not essential. 
A qualified/newly qualified accountant with 2 years+ PQE

What’s in it for you

At One Stop we value our colleagues just as much as our customers, and part of this is the benefits we offer:

  • 10% Discount in One Stop & Tesco stores
  • Discounted Tesco pharmacy services
  • Discounted shopping website
  • Free eye tests
  • A great holiday package
  • A commitment to your career development
  • Community involvement and charity work
  • Pension Scheme

One Stop is a subsidiary of the Tesco Group but is operated as a separate business and as such benefits offered will differ between One Stop and Tesco.

Please note should sufficient applications be received One Stop Stores Ltd reserve the right to close this vacancy at any time, we always encourage all interested applicants to apply at their earliest convenience to avoid disappointment.

About us

One Stop Stores Ltd is a leading organisation in the UK Convenience Store market, we are owned by Tesco PLC but operated as a separate business.

One Stop is a retail convenience business with over 850 shops and a key focus on being the best store for customers in the neighbourhood. Open 7 days a week

One Stop aims to meet the needs of all its local customers. Since 2003 we have been a subsidiary of Tesco.

With our stores situated throughout England and Wales, there’s sure to be a
One Stop near where you live or work.

Application process

Our office application process varies depending on the role and the level of experience needed.

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