Head of Finance - Head Office & Procurement - Part Time (22 Hrs/Wk)

Hours: 22

Salary: Competitive

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

United Kingdom

Apply by: 10/03/2023

Head of Finance - Head Office & Procurement - Part Time (22 Hrs/Wk)

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

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About the role

We are looking for a Strategic Business Partner to the UK People Director and Global Procurement Director and therefore you will play a meaningful role in the delivery of the Save to Invest (S2I) pillar.

You will support the UK People Director in setting the strategy for Head office, Save to Invest plans and delivery of the cost line within Budget. In addition, you will support the Global Procurement Director in the delivery of the S2I savings and crafting the strategy for Procurement.

This will involve partnering Exec members for Finance, People, Communications, Legal & Transformation with managing their Head office costs and delivering S2I savings.

You will be responsible for

Head office is a very varied and interesting cost line with a mixture of discretionary and essential costs lines. Partners require support with decision making based on sound financial analysis and clear presentations. Head office is an intrinsic driver of the Save to Invest strategic programme and commands a level of attention from the Executive committee.

Key responsibilities will include:

Strategic Business Partner to the UK People Director, and procurement Director supporting with the delivery of:

  • Ensuring spend is in line with Budget, working together on forecasts and providing clarity on variances and corrective action required
  • Managing approvals on spend to ensure value for money
  • Delivery of the S2I targets, management of the plan and updates to relevant steering groups.
  • Building the LTP and Budgets for Head office and Procurement
  • Ad hoc analysis and investigation to support decision making. Proactively identifying issues and working to resolve.
  • Challenging the business teams and Finance on their forecast to ensure robustness and consistency.
  • Delivery and review of GSNFR savings
  • Presenting at ad hoc UKLT and UK FLT sessions where required

Supporting the team with the partnering of Legal, Finance, Communications, People and Transformation:

  • Ensuring Exec members are managing their costs accordingly and taking corrective action where necessary
  • Robust tracking and understanding of S2I savings.
  • Attending Leadership meetings where relevant.

You will need

  • To be a qualified Accountant ACA/ACCA/CIMA (or equivalent)
  • Experience of engaging and influencing senior business collaborators
  • Evolved financial analysis skills
  • The ability to interpret data & derive analysis
  • Strong communication, influencing and collaboration skills
  • Resilience & a willingness to challenge the status quo

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 
  • Holiday starting at 25 days plus a personal day (plus 8 Bank holidays)
  • Car allowance of £7,320 per annum
  • Private medical insurance offered by Bupa
  • Retirement savings plan - save between 6% and 10% and Tesco will match at a rate of x1.5
  • Life Assurance - 5 x contractual pay
  • Great colleague deals and discounts, saving you money on everyday purchases, eating out and utility bills for the home
  • 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

Click here to read more about the benefits we have available for our colleagues

About us

Our vision 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 our customers, communities and planet a little better every day’. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.

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. 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.

We have recently announced that we will be moving towards a more blended working week – combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. Please talk to us to about how this can work for you.

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.

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