Senior Finance Manager - Control Assurance - Manchester or London

Division/Dept.

Corporate Finance

Location

Manchester or Holborn SSC and Home

Reporting to

Control Assurance Lead

In a nutshell

To lead the development and operation of the Sainsbury's Group's financial control framework and drive a strong financial controls culture within both the Retail and Bank businesses.

What you need to do

Be part of the Control Assurance leadership team, driving the control assurance agenda, in preparation forof the adoption of new corporate governance requirements of the UK Government (BEIS) in respect of financial controls

Drive operational compliance across the Group (both Retail and Group) with the Group Financial Control Framework, through delivery of control self-assessment exercises and planning / undertaking control design and operating effectiveness testing

Report outcomes of control self-assessment exercises, testing and completion of control deficiency resolution plans to the Financial Controller and Director of Group Finance

Report on compliance with the Group Financial Control Framework to the Audit Committee and Operating / plc Boards

Assess and track completion of control deficiency resolution plans, ensuring that deficiencies are resolved appropriately and in a timely manner

Develop an integrated financial process and control policy framework, and specifically drive awareness of and compliance with:

the Group Financial Reporting Risk and Control Matrix (Group RACM);

the Group Authorisations Policy;

the Group Financial Control Framework Policy; and

the Finance Process Governance Policy

Embed a robust controls culture across the business with strong engagement with key stakeholders whether in Group, Retail or Bank roles, along with providing process and control awareness training to Process / Control Owners, Champions and Operators

Provide subject matter expert guidance on the identification and implementation of controls across ad hoc change and transformation projects and support the design and development of risk assessments and resulting risk-based testing

Lead improvement activities around BlackLine Compliance and governance tools

Support Group Finance with external audit enquiries and external reporting requirements

Implement the Quality Assurance framework for the Finance Transformation Programme

Maintain the relationship with the senior Internal Audit team on the status of current and planned work

Provide strong leadership to direct and indirect reports and develop their careers and aspirations.;

What you need to know and show

Qualified accountant

Experience with process, risk and control principles and methodologies, including an understanding of the principles of the COSO Framework and the requirements of US SOx

Ability to identify deficiencies, make observations and recommendations in respect of controls, working with management to ensure appropriate remedial action is taken

Experience with BlackLine Compliance or other GRC tools desirable but not essential

Experience of controls and controls testing related to IT and Information Security desirable but not essential

Possess strong communication and proactive collaboration skills with the ability to liaise with and influence relevant stakeholders, at all levels

Have retail business process and controls mapping experience

Proven effective leadership of teams

What decisions I can make including budget

Assess areas in which Finance process efficiencies can be achieved and financial control improvements and / or required

Directly or indirectly manages

1 direct report

Support we will provide

Access to personal development tools e.g. Bitesize talks, online self-development tools, internal mentoring

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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