Finance Analyst - Group Balance Sheet

Manchester, Greater Manchester, United Kingdom, United Kingdom
Competitive salary
06 Dec 2021
12 Dec 2021
Approved employers
Approved employer
Experience level
Qualified accountant

Group Financial Reporting


Manchester Store Support Centre and home

Reporting to

Group Balance Sheet Manager

In a nutshell

The role works within the Finance team and is responsible for strengthening financial control within the Finance Division. The job holder will provide insight, analysis and commentary to stakeholders, aiming to influence and drive decisions and actions that improve the balance sheet position. This individual will support the Finance Manager and Senior Finance Managers in their business area and the wider Finance team as required to ensure that periodic balance sheet reconciliations are reconciled, monitored and reported on timely, accurately and in line with the Group Balance Sheet Reconciliation Policy.

What you need to do

Run and interpret management reporting to provide timely insight, analysis and commentary to stakeholders on the performance of the Balance Sheet

Champion the Group Balance Sheet Reconciliation policy

Identify risks, anomalies and opportunities and flag these to Finance Manager / Senior Finance Managers for prioritisation

Build a strong understanding of an external perspective through understanding the finance systems, the international accounting standards, and how together these can achieve strong financial control; and use this knowledge to engage Finance colleagues

Complete bespoke analysis on balance sheet reconciliations as required to drive improvements

Work with internal teams across the finance division as required to complete analysis on reconciliations to resolve business problems

Periodically and when otherwise required by the Group Finance Team; work with the business to manage balance sheet reporting

Build business cases relating to continuous improvement on Reconciliations and Financial Control over the Balance Sheet Reconciliation Process to the Finance Manager and Senior Manager and support post implementation reviews

Support the business to manage projects, working with other Finance teams where collaborative projects demands this

Run training sessions on the use of our Auto-reconciliation tool and sessions on how to make improvements to the accounting in Reconciliations with the Finance business users where required

Support the wider team on other Finance processes as required

Attend business review meetings supporting our Stakeholders as needed

Success in this role will mean supporting the business in making decisions that enhance performance to drive improvements to the balance sheet numbers

What you need to know and show

Professionally Qualified Accountant (ACCA/ACA/CIMA), or studying towards qualification

Strong Excel skills (including vlookups and pivot tables) and numerical skills, with an aptitude for turning data into analysis and insight and being able to clearly articulate this through your communication.

Strong challenging skills and professional skeptism in order to analyse technical accounting and classifications of balances within reconciliations and challenge colleagues to make improvements;

Strong commercial acumen

To have a good track record of strong financial control, but also the ability to maintain such control in a fast-paced environment.

Team player, able to work effectively within frameworks without direct supervision

Effective communicator with all levels of stakeholders, including audiences of varying financial and commercial acumen

Self-motivated team player, able to work autonomously, prioritise with good problem-solving abilities

Must have a strong eye for detail and accuracy

What decisions I can make including budget

Application of Finance principles, guiding our Finance and non-Finance business partners on the proper application and impact

Directly or indirectly manages


Support we will provide

Line management coaching and support

Access to CPD and on the job training

Training both on the Job and via Sainsbury's L&D offered including; face to face sessions and online resources

Work-life balance is important to us, so we offer our colleagues as much flexibility as possible in line with the needs of their role. We trust them to decide how, where and when they work, combining remote and collaborative working with a flexible approach to hours, giving them plenty of time and space for life outside of work whilst delivering against our business goals.


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