Finance Manager - Retail Cash & Balance Sheet
- Recruiter
- Sainsbury's
- Location
- London, Greater London, United Kingdom, United Kingdom
- Salary
- Competitive salary
- Posted
- 22 Apr 2021
- Closes
- 06 May 2021
- Ref
- 21000D4F
- Approved employers
- Approved employer
- Job role
- Finance manager
- Sector
- Retail and FMCG
- Experience level
- Manager
In a nutshell
A key member of the Retail Financial Planning team with primary responsibility for providing the business with high quality Cash & Balance Sheet performance analysis, Latest Views, Budgets, forecasts and five year Corporate Plan; coordinating and tracking cash generating initiatives; as well as ad hoc analysis for the Head of Retail Financial Planning, Commercial & Retail Finance Director, and CFO.
What you need to do
Support the preparation of the corporate budget, forecasts and the corporate plan covering the cash flow and balance sheet and other KPIs for the Retail business, which will involve:
Working closely with Finance teams, developing an understanding of trends in performance, and key issues, activities, and timetables
Coordinating the development of cash generating initiatives and providing necessary challenge and insight
Consolidating submissions into the corporate picture, providing constructive challenge to relevant Finance teams
Assisting in the production of executive summaries and board papers which distil the data and focus on the key issues
Accountable for the production of timely, accurate, and insightful periodic Retail management accounts
Coordinate and consolidate the Cash & Balance Sheet Latest View process by working closely with stakeholders on their latest expectations, tracking through cash generating initiatives and monitoring the risks and opportunities
Accountable for Treasury receiving robust weekly cash forecasting across Retail and analysis of any reported variances, with more frequent views provided in the run up to the half year and full year reporting dates
Work closely with Finance teams to establish consistency and develop best practice
Produce accurate management reporting information for the Business performance review and additional forums on a timely basis including insightful commentary to support the key summary documents
Perform sensitivity analysis and financial evaluation of different financial performance scenarios
Support the Group Finance and Investor relations teams on the corporate interim and preliminary financial reporting process
Manage the production of a high quality internal and external financial / business review that ensures we meet our reporting requirements and the business's expectations in an efficient and cost effective manner, in addition to producing the supporting Q&A document for the Retail Finance Director & CFO answering queries raised to support external reporting
Accountable for cross-referencing and producing accurate documentation in all areas
Lead, develop and motivate members of the team to high performance through great coaching and communication, review of work, suggesting areas for improvement and sharing expertise
Perform a high standard of ad hoc analysis supporting the Head of Retail Financial Planning, Commercial & Retail Finance Director and CFO
Deputise for the Financial Planning & Analysis Senior Finance Manager as appropriate
What you need to know and show
Professional Accounting Qualification (ACA, ACCA or CIMA)
Post-qualification experience in a similar financial planning/partnering role (Retail industry a distinct advantage)
Effective communicator with senior stakeholders, including audiences of varying financial and commercial acumen
Self-motivated team player, able to work autonomously
Ability to prioritise
Strong commercial acumen with a focus on driving excellent financial and commercial performance
Experience of maintaining strong financial controls
Committed to driving change
High level of drive and enthusiasm
Ability to work under pressure - providing accurate high quality work under tight deadlines
Excellent interpersonal and communication skills
Strong analytical skills - ability to focus on the key issues
Strategic perspective - understanding of the wider issues impacting corporate performance
Advanced excel modelling skills
What decisions I can make including budget
Standard C5 decision making responsibilities
Directly or indirectly manages
Day to day management, motivation and development of four colleagues across two locations - Holborn and Avebury (two C4's, one C3, one C2).
Support we will provide
Access to personal development tools inclusive of Bitesize talks, online self-development tools, internal mentoring.
#LI-BB1
A key member of the Retail Financial Planning team with primary responsibility for providing the business with high quality Cash & Balance Sheet performance analysis, Latest Views, Budgets, forecasts and five year Corporate Plan; coordinating and tracking cash generating initiatives; as well as ad hoc analysis for the Head of Retail Financial Planning, Commercial & Retail Finance Director, and CFO.
What you need to do
Support the preparation of the corporate budget, forecasts and the corporate plan covering the cash flow and balance sheet and other KPIs for the Retail business, which will involve:
Working closely with Finance teams, developing an understanding of trends in performance, and key issues, activities, and timetables
Coordinating the development of cash generating initiatives and providing necessary challenge and insight
Consolidating submissions into the corporate picture, providing constructive challenge to relevant Finance teams
Assisting in the production of executive summaries and board papers which distil the data and focus on the key issues
Accountable for the production of timely, accurate, and insightful periodic Retail management accounts
Coordinate and consolidate the Cash & Balance Sheet Latest View process by working closely with stakeholders on their latest expectations, tracking through cash generating initiatives and monitoring the risks and opportunities
Accountable for Treasury receiving robust weekly cash forecasting across Retail and analysis of any reported variances, with more frequent views provided in the run up to the half year and full year reporting dates
Work closely with Finance teams to establish consistency and develop best practice
Produce accurate management reporting information for the Business performance review and additional forums on a timely basis including insightful commentary to support the key summary documents
Perform sensitivity analysis and financial evaluation of different financial performance scenarios
Support the Group Finance and Investor relations teams on the corporate interim and preliminary financial reporting process
Manage the production of a high quality internal and external financial / business review that ensures we meet our reporting requirements and the business's expectations in an efficient and cost effective manner, in addition to producing the supporting Q&A document for the Retail Finance Director & CFO answering queries raised to support external reporting
Accountable for cross-referencing and producing accurate documentation in all areas
Lead, develop and motivate members of the team to high performance through great coaching and communication, review of work, suggesting areas for improvement and sharing expertise
Perform a high standard of ad hoc analysis supporting the Head of Retail Financial Planning, Commercial & Retail Finance Director and CFO
Deputise for the Financial Planning & Analysis Senior Finance Manager as appropriate
What you need to know and show
Professional Accounting Qualification (ACA, ACCA or CIMA)
Post-qualification experience in a similar financial planning/partnering role (Retail industry a distinct advantage)
Effective communicator with senior stakeholders, including audiences of varying financial and commercial acumen
Self-motivated team player, able to work autonomously
Ability to prioritise
Strong commercial acumen with a focus on driving excellent financial and commercial performance
Experience of maintaining strong financial controls
Committed to driving change
High level of drive and enthusiasm
Ability to work under pressure - providing accurate high quality work under tight deadlines
Excellent interpersonal and communication skills
Strong analytical skills - ability to focus on the key issues
Strategic perspective - understanding of the wider issues impacting corporate performance
Advanced excel modelling skills
What decisions I can make including budget
Standard C5 decision making responsibilities
Directly or indirectly manages
Day to day management, motivation and development of four colleagues across two locations - Holborn and Avebury (two C4's, one C3, one C2).
Support we will provide
Access to personal development tools inclusive of Bitesize talks, online self-development tools, internal mentoring.
#LI-BB1