Finance Analyst - Stock Loss

London, Greater London, United Kingdom, United Kingdom
Competitive salary
19 May 2022
01 Jun 2022
Approved employers
Approved employer
Experience level
Qualified accountant

Finance/ Commercial & Retail Finance


Holborn Store Support Centre and Home

Reporting to

Finance Manager - Stock Loss

In a nutshell

The role works within the Retail Costs Finance team and is responsible for supporting Stock Loss. This role's primary focus is to business partner the Loss Prevention team, focussing on strengthening our performance to collectively improve the bottom line. ,. The job holder will provide insight, analysis, and commentary to stakeholders, aiming to influence and drive decisions and actions that directly impact profit. This individual will support the Finance Manager and Senior Finance Managers in their business area and the wider Finance team as required.

What you need to do

Run and interpret corporate management reporting to provide timely insight, analysis and commentary to stakeholders across Sainsbury's and Argos

Complete business cases and Post Implementation Reviews to enable the business to make informed financial decisions

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

Build an understanding of an external perspective and use to engage Finance colleagues

Complete ad hoc / bespoke analysis for the business area as required to drive improvements

Adopt an agile ways of working approach to support Business Protection and other areas of the business

Work with internal teams, such as our data team (ADA), as required to complete analysis to resolve business problems

Work with the Retail Reporting and Change team to develop uniformity of reporting and performance evaluation across all Retail channels enabling your business partners to quickly establish their areas of focus through the Channel, Cost line and Geographic lenses

In line with timeline and process set by FP&A, work with business to manage Stock Loss Forecasting, Latest View, Budgeting and Q2F

Support the business to manage project budgets, working with other Finance teams where collaborative projects demand this

Support the wider team on other Finance processes and budgets 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 incremental income for the business, improve ROI performance and manage the cost lines effectively

What you need to know and show

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

Strong Excel and numerical skills, with an aptitude for turning data into analysis and insight and being able to clearly articulate this through your communication

Strong commercial acumen

Delivery of process improvements

To have a good track record of strong financial control, but also the ability to maintain such an environment

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

Ability to prioritise

What decisions I can make

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

Directly or indirectly manages


Support we will provide

Access to CPD and on the job training

Training both on the Job and via Sainsbury's L&D offer 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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