Finance Analyst - Stock Loss
- Recruiter
- Sainsbury's
- Location
- London, Greater London, United Kingdom, United Kingdom
- Salary
- Competitive salary
- Posted
- 19 May 2022
- Closes
- 01 Jun 2022
- Ref
- 220003LY
- Approved employers
- Approved employer
- Job role
- Financial analyst, Forensic accountant
- Sector
- Retail and FMCG
- Experience level
- Qualified accountant
Division/Dept.
Finance/ Commercial & Retail Finance
Location
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
N/A
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.
#LI-BB1
Finance/ Commercial & Retail Finance
Location
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
N/A
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.
#LI-BB1
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