Sainsbury's

Finance Analyst - Retail Costs

Recruiter
Sainsbury's
Location
London, London, United Kingdom, United Kingdom
Salary
Competitive salary
Posted
18 Apr 2024
Closes
25 Apr 2024
Ref
300020664049066
Approved employers
Approved employer
Experience level
Qualified accountant
Job Description

This is a commercial role as a Finance Analyst - Retail Costs sitting within our Retail Costs finance team. In the role you will provide insight and analysis to shape our strategy and drive actions to reduce retail costs and improve the bottom line. You will support the Finance Manager and Head of Finance within their business area and the wider Finance team as required.

What you will be doing
  • Run and interpret corporate management reporting to provide timely insight, analysis and commentary to stakeholders across Sainsbury's and Argos
  • In line with timeline and process set by FP&A, work with business to manage Retail Cost Forecasting, Latest View, Budgeting and Q2F
  • Complete business cases and Post Implementation Reviews to enable the business to make informed financial decisions
  • Build strong relationships with our non-finance business partners and develop a deep understanding of the business area to drive savings within our cost lines
  • Identify risks, anomalies and opportunities and flag these to Finance Manager / Head of Finance for prioritisation
  • Complete ad hoc / bespoke analysis for the business area as required to drive improvements
  • 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
  • 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
  • Effective communicator with all levels of stakeholders, including audiences of varying financial and commercial acumen
  • To have a good track record of strong financial control, but also the ability to maintain such an environment
  • Self-motivated team player, able to work autonomously, prioritise with good problem-solving abilities
  • Must have a strong eye for detail and accuracy
  • Able to prioritise effectively
#LI-CE1

Responsibilities

We'd all like amazing work to do, and real work-life balance. That's waiting for you at Sainsbury's. For a FTSE business, we move incredibly fast. When we're not handling projects, we're helping all corners of the wider group with what they're trying to achieve. And around here, you can see the results of your work as soon as you walk into a store, which gives you a real sense of purpose and responsibility. Better still, the team around you will listen to your ideas and opinions, and you'll have every chance to try something new. The sheer scale and complexity of our set-up means there's always something else around the corner, and we'll help and support you every step of the way. We're trusted to get on with it. So get ready to make things happen here.

Qualifications

We are committed to being a truly inclusive retailer, so you'll be welcomed whoever you are and wherever you work. Around here, there's always the chance to try something new - whether that's as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we'll also offer you an amazing range of benefits. Here are some of them:

Starting off with colleague discount, you'll be able to get 10% off at Sainsbury's, Argos, TU and Habitat after 4 weeks. This increases to 15% off at Sainsbury's every Friday and Saturday and 15% off at Argos every pay day. We've also got you covered for your future with our pensions scheme and life cover. You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 10% of salary, depending on how we perform.

Your wellbeing is important to us too. You'll receive an annual holiday allowance, and you can buy additional holiday. We also offer other benefits that will help your money go further such as season ticket loans, cycle to work scheme, health cash plans, pay advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers. And if you ever need it there is also an employee assistance programme.

Moments that matter are as important to us as they are to you which is why we give up to 26 weeks' pay for maternity or adoption leave and up to 4 weeks' pay for paternity leave.

Please see www.sainsburys.jobs for a range of our benefits (note, length of service and eligibility criteria may apply).

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