Global Financial Controls Manager

Job Title: Global Financial Controls Manager
Contract Type: Permanent
Location: Welwyn Garden City
Salary: Competitive
Reference: tesco/TP/4505775/378923
Contact Name: Payal Khakhria
Contact Email:
Job Published: July 23, 2019 10:29

Job Description

About the role
As part of our Global Controls & Compliance team in Finance, this new appointment will report into our Head of Global Controls. Passionate about process & control improvement, you’ll be tasked with shaping, developing and embedding our Key Financial Controls and risk frameworks across our core processes and financial systems; including management of Oracle Governance and Risk and Control (GRC) systems which provide assurance over transactional processing and user provisioning.
You will be responsible for
  • Group Finance Transformation Programme:
    • Development of an end to end controls framework for new processes. 
    • Consult with Global Process owners on process changes for continuous improvement of the Control's framework.
    • Conduct reviews of role designs across the end to end process ensuring appropriate segregation of duties.
    • Create control KPI's to monitor control environment for the end to end process.
    • Support development, implementation and continuous improvement of the Risk and Controls framework.
  • Oracle Governance, Risk and Control Cloud:
    • Develop and maintain Oracle Automated Financial Controls (AFC) system.
    • Liaise with business partners to implement AFC into processes - To investigate and resolve financial transactions errors/fraud. 
    • Centrally monitor financial transactions AFC errors/fraud – Report to key stakeholders. 
    • Develop, maintain, monitor Oracle automated Access Controls (AAC) system (or equivalent system) ensuring appropriate segregation of duties.
    • Remediate any segregation of duties violations via role design and end user provisioning.
  • Control Environment:
    • Support "2nd line of defense" assurance activities including Key Financial Control Self-Assessment, Risk Management, IT Risk and Controls, Legal Compliance, security.
    • Review and support design and operational testing of Key Financial Controls.
    • Assist with the preparation of reports to senior management.
    • Support Head of Global Controls in undertaking any other ad hoc projects/duties as requested.
    • Liaise with internal and external clients/auditors to resolve issues and next steps in a timely manner.
You will need
  • Professional Finance Qualification
  • Educated to degree level in a relevant subject.
  • Experience of internal controls implementation or design improvement.
  • Excellent written and verbal English language skills.
  • Strong communication skills to include presentation, influencing and relational skills.
  • Report writing skills.
  • Able to self-motivate, organise and take responsibility for own workload to ensure that deadlines and objectives are met.
  • Ability to work using their own initiative to solve problems and work under pressure.
  • Able be to multi-task and prioritise work effectively.
  • Good team player whilst being able to work independently on own tasks.
  • Strong working knowledge of controls and risk.
  • Skills in examining and re-engineering operations and procedures, formulating policy, and developing and implementing controls.
  • Ability to provide technical guidance and training to end users.
  • Knowledge of core financial end to end processes - example R2R, C2C and P2P.
  • Data interrogation techniques to identify issues, errors and fraud.
  • Knowledge of auditing concepts and principles.
  • Understanding of IT General Controls – desirable.
  • Good understanding of segregation of duties and sensitive data access principles.
  • Knowledge of Reporting and Corporate Governance.