Head of Group Functional Control

Hours: 36

Salary: Competitive

Location: Shire Park, Kestral Way, Welwyn Garden City AL7 1GA

United Kingdom

Apply by: 26/01/2021

Head of Group Functional Control

Shire Park, Kestral Way, Welwyn Garden City AL7 1GA

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About the role

Leading the team of Functional Controllers within the UK and with matrix accountability across global teams to ensure the accuracy of our financial records and recorded financial performance across the business functions, working with market teams in UK, ROI, CE and India to ensure we report our financial records in compliance with our financial control framework.

Driving consistency and ensuring adherence to group policy and best practice in the way we manage financial control at a functional level across the Group and helping to provide assurance over our financial result.

You will be responsible for

Leading the Functional Control team to ensure they deliver accurate and timely financial results for Operations across the Product, Channels, Property, Technology and Head Office functions in the UK business.

Through matrix management and collaboration, working across the Group with functional control teams in CE, ROI, Booker, One Stop etc to ensure shared best practice, consistency and adherence to group policy.

Work to optimise synergies and ways of working across the functional control teams through standardised processes, reporting and metrics

Support the Finance Director of Group Planning & Control in managing their accountabilities.

Design remediation processes for Key Financial Control failures, as well as Internal and External Audit observations and review and approve process improvements to period close

Work closely with Global Process Owner team to identify and deliver continuous improvement opportunities in Operations accounting processes owned by this role

Ensure control frameworks for Operations are in line with relevant Tesco Group Policies and refreshed at regular intervals, and that controls are operated in line with design

Manage several mid-sized teams in UK and as the role develops across International regions

Work closely with and provide guidance to the Tesco Business Services Team, and as owner and customer of the process ensuring their accountability for delivery to agreed service levels and key performance indicators through the Finance Operating Model

Provide financial control assurance to stakeholders in Business Partnering, Financial Planning & Analysis and other financial control teams, eg Regional & Central Controllers as well as operational teams in the functions supported.

Analysing new and existing business initiatives, challenging assumptions and highlighting risks and opportunities

Ensure period end close activities are planned and executed according to agreed close schedules and that accounting policies are in compliance with local accounting Standards and stated company norms (TGAP).

Leading, inspiring and developing my team, building a highly motivated and capable high performing team, giving them the opportunities to be their best.

Spotting, nurturing and developing talent through coaching and mentoring.

You will need

-  Previous experience of working in a control, audit or technical environment

-  Ability to communicate complex ideas simply to a wide range of stakeholders with varying levels of understanding

-  Strong integrity, empathy, drive and resilience and a keen sense of ownership. A keen moral compass and ability to “do the right thing”

-  Previous people management experience desirable

-  Educated to degree level in relevant subject (or relevant experience in industry)

-  Professional accounting qualification (or material relevant experience)

-  Presenting complex topics/decisions to non-subject expert audiences

-  Demonstrable commercial experience

-  Working experience of risk based management

-  Delivery through material use of shared services

-  Working knowledge of process improvement methodologies

What’s in it for you

We offer excellent benefits that help make Tesco a great place to work.  These include but aren’t limited to:

  • Annual bonus scheme of up to 45% of base salary
  • Car allowance of £7,320 per annum
  • Holiday starting at 25 days plus a personal day (plus 8 Bank holidays)
  • On-site state of the art gym at our Welwyn Campus with discounted “Gympass” membership & free health checks via Nuffield Health
  • Retirement savings plan - save between 6% and 10% and Tesco will match your contribution
  • Life Assurance - 5 x contractual pay
  • Share Schemes – Join our ‘Buy As You Earn’ & ‘Save As You Earn’ share schemes after 3 months service
  • Colleague Clubcard (including a 2nd card for a family member) after 3 months service
  • Colleague Discounts:
    • 10% increasing to 15% after every pay day for a four day period, off most purchases at Tesco
    • 10% off One Stop
    • 10% off pay monthly & SIM only deals with Tesco Mobile
    • 20% off all F&F purchases
    • 20% off car, pet and home insurance at Tesco bank. T&C’s apply
    • 25% off Tesco Café
    • 50% off complete glasses purchases & free eye tests (other offers available) at Vision Express
    • 50% off health checks at Tesco Pharmacy
  • An exclusive deals and discounts website saving you money on everyday purchases, treats for the family, eating out and utility bills for the home
  • Health screening every 2 years
  • Private medical insurance offered by Bupa
  • Cycle to work scheme
  • Shuttle Bus Service to/from Hatfield & Welwyn Garden City Station to Welwyn Campus & Hatfield Offices
  • Opportunities to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want
  • Our Employee Assistance Programme helps you deal with life’s challenges
  • Financial wellness - Tesco has partnered with experts to help you make the most of your money
  • Get involved in a range of fundraising activities with our long-term charity partners


About us

Our vision here at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move.  Our core purpose is ‘Serving Britain's shoppers a little better every day’.  Our business was built with a simple mission – to be the champion for customers, helping them to enjoy a better quality of life and an easier way of living. This hasn't changed. Customers want great products at great value which they can buy easily and it's our job to deliver this in the right way for them.  In the UK, we serve some 66 shoppers every second, so it's our goal to ensure every one of those customers experiences just a little better service on each visit.
We are proud to have an inclusive culture at Tesco where everyone truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings to enable us to serve our shoppers a little better every day. We're committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities.  We're a big business with diverse working patterns and many business areas which means that we can find something that works for you.  Everyone is welcome at Tesco.
NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date.

Application process

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

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