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Finance Manager Working Capital - 9 months FTC

Job Title: Finance Manager Working Capital - 9 months FTC
Contract Type: Contract
Location: Welwyn Garden City
Industry:
Salary: Competitve
Reference: tesco/TP/4505775/422987
Contact Name: Payal Khakhria
Contact Email: payal.khakhria@tesco.com
Job Published: July 01, 2019 13:24

Job Description

About the role
The Product division is key to the success of Tesco – this role within Product Central Finance will lead a project to improve cash forecasting, providing regular updates to the Product Finance Director.
 
You will be working in a £42bn business with the Food and Non-Food Finance teams in the UK & India, understanding the challenging environment that Tesco operates in and driving a cash conscious culture across Product.
 
This role is a great opportunity to gain FP&A experience right at the heart of Tesco, providing insight & analysis into the drivers of our performance on cash and step changing our cash forecasting process.
 
You will be responsible for
  • Playing an active role in the Cash Forecasting project which is sponsored by the UK & ROI Finance Director.  
  • Developing the forecast process for stock and payables - defining clear assumptions / establishing processes that enable accurate forecasting.
  • Developing product reporting to track forecast accuracy, benefits delivered and opportunities for improvement with clear next steps. 
  • Establishing clear ownership for the working capital forecast with accountabilities sitting in the correct parts of the business - forecast for all applicable working capital lines to be owned by relevant teams with clear commentary provided on any performance variances.
  • Ensuring the impact of working capital initiatives is clearly tracked and accurately forecast.
  • Embedding a cash conscious culture across Product - all divisional FP&A teams to talk to the business about cash in the way that they currently talk about profit.
You will need
  • Qualified Accountant (ACA/ACCA/CIMA)
  • Developing FP&A processes for Working Capital in a complex business 
  • Introducing/developing processes & creating  governance over processes 
  • Engaging and landing change with broad teams 
  • Establishing insightful reporting/accurate forecasting
  • Overcoming hurdles/challenges
  • Financial Planning, Budgeting & Forecasting
  • Commercial Awareness
  • Communication
  • Decision Making
  • Trust & Integrity
  • Analysis & Insight
  • Reporting - Skilled
  • Data Management