Senior Finance Manager - Retail Change & Labour
- Recruiter
- Sainsbury's
- Location
- London, Greater London, United Kingdom
- Salary
- Competitive
- Posted
- 25 Feb 2021
- Closes
- 03 Mar 2021
- Ref
- 21000711
- Approved employers
- Approved employer
- Job role
- Accountant
- Sector
- Retail and FMCG
- Experience level
- Manager
Division/Department
Finance / Commercial & Retail Finance
Location
Holborn Store Support Centre
In a nutshell
This role is responsible for proactively partnering with the Director of Change, the broader Retail &Digital Leadership Team, Central Retail and other Retail Stakeholders, providing insightful analysis, challenge and influence to drive decisions and actions that improve the bottom line. The job holder will lead a team to develop the assets required to effectively business partner, focussing on achieving performance targets, maintaining a strong control environment and enhancing value creation. They will set the direction for the team and provide strategic challenge to the business area to collectively strengthen performance.
What you need to do
Act as key Finance Business Partner for the Retail & Digital Leadership Team and other retail stakeholders, leading your team to interpret management reporting to provide insight, analysis and commentary to stakeholders and providing challenge to the business
Hold the business to account for P&L performance and Balance sheets across Sainsbury's and Argos identifying areas for value creation and building action plans that are put into place
Drive the 'Save to Invest' agenda by supporting the Retail & Digital division with the planning, implementation, review and tracking of all retail savings initiatives. This involves providing the necessary financial rigour, insight, analysis and challenge to ensure we deliver on our cost reduction targets
Business Partner the Director of Change on all end-to-end and multi-year savings initiatives, liaising with the Cost Reduction Support Team, other areas of Finance and third-party experts
With your team, support the business in identifying risks, anomalies and opportunities. Take the lead in prioritising these and work with the business to manage them
Provide effective leadership to the role holder's own teams through clear vision and plans, and to provide transparent and open communications to ensure that the team is totally engaged
Challenge the business on existing strategic initiatives and identify new strategic opportunities, helping them to prioritise appropriately
Complete ad hoc / bespoke analysis for the business area as required to drive improvements
Own the design of corporate management reporting, ensuring it is fit for purpose and streamlined
Develop, in conjunction with Business Stakeholders, ambitious yet achievable financial plans as required throughout the financial year (to include Budget, Corporate Plan and Latest Views)
Role model collaborative working with the Finance Transformation team, ensuring that Retail Finance have a clear voice within the programme and support the success of the programme
Support the Retail Reporting & Change team to work with our data team (ADA) to ensure analytical resource is used effectively and business priorities and resource allocation are well understood and aligned
Develop uniformed reporting and performance evaluation across Retail & Digital enabling your business partners to quickly establish their areas of focus through the Channel, Cost line and other relevant lenses
Ensure there is appropriate governance around capital expenditure and support the business to prioritise capital spend in areas giving the best return or alignment to the maintenance programme
Challenge all investment decisions ensuring they are appraised, monitored and reviewed through the correct channels and all learnings are carefully considered in future investment decisions
Own Centrals reporting across the Retail and Digital teams, ensuring best in class reporting and holding the business to account on its performance
What you need to know and show
Professionally Qualified Accountant (ACCA/ACA/CIMA)
An inspiring leader, supporting colleagues to build successful careers
Strong commercial acumen with a clear focus on driving excellent financial and commercial performance
A desire to achieve best in class business partnering - holding the business to account while striving to support success with demonstrable energy and determination
Effective communicator and challenger with stakeholders up to and including board level, including audiences of varying financial and commercial acumen
Proven track record of managing commercial relationships and influencing senior decision makers
Self-motivated team player, able to work autonomously
Proven history of effective prioritisation and ability to push back when appropriate
Experience of maintaining strong financial controls
Committed to driving change and comfortable with managing any associated conflicts
Demonstrate resilience, and the ability to be flexible and able to cope with time pressure, risk and ambiguity
Demonstrate forward-thinking and able to anticipate areas of focus well in advance of risks manifesting or opportunities being missed
What decisions I can make including budget
Set direction for the team and provide challenge to the business
Leadership and development of the team
Allocation and prioritisation of team resources
Allocation and prioritisation of team activity
Creation and implementation of management information and insight
Identification of focus areas and challenge of business performance
Directly or indirectly manages
Directly manages a team of 2 C5's and indirectly a team of 4 C4's
Indirectly supports the Retail Reporting & Change team and other Business Partnering teams
Support we will provide
Sainsbury's L&D offer
Line management support as required to develop a best in class Business Partnering Finance function
#LI-BB1
Finance / Commercial & Retail Finance
Location
Holborn Store Support Centre
In a nutshell
This role is responsible for proactively partnering with the Director of Change, the broader Retail &Digital Leadership Team, Central Retail and other Retail Stakeholders, providing insightful analysis, challenge and influence to drive decisions and actions that improve the bottom line. The job holder will lead a team to develop the assets required to effectively business partner, focussing on achieving performance targets, maintaining a strong control environment and enhancing value creation. They will set the direction for the team and provide strategic challenge to the business area to collectively strengthen performance.
What you need to do
Act as key Finance Business Partner for the Retail & Digital Leadership Team and other retail stakeholders, leading your team to interpret management reporting to provide insight, analysis and commentary to stakeholders and providing challenge to the business
Hold the business to account for P&L performance and Balance sheets across Sainsbury's and Argos identifying areas for value creation and building action plans that are put into place
Drive the 'Save to Invest' agenda by supporting the Retail & Digital division with the planning, implementation, review and tracking of all retail savings initiatives. This involves providing the necessary financial rigour, insight, analysis and challenge to ensure we deliver on our cost reduction targets
Business Partner the Director of Change on all end-to-end and multi-year savings initiatives, liaising with the Cost Reduction Support Team, other areas of Finance and third-party experts
With your team, support the business in identifying risks, anomalies and opportunities. Take the lead in prioritising these and work with the business to manage them
Provide effective leadership to the role holder's own teams through clear vision and plans, and to provide transparent and open communications to ensure that the team is totally engaged
Challenge the business on existing strategic initiatives and identify new strategic opportunities, helping them to prioritise appropriately
Complete ad hoc / bespoke analysis for the business area as required to drive improvements
Own the design of corporate management reporting, ensuring it is fit for purpose and streamlined
Develop, in conjunction with Business Stakeholders, ambitious yet achievable financial plans as required throughout the financial year (to include Budget, Corporate Plan and Latest Views)
Role model collaborative working with the Finance Transformation team, ensuring that Retail Finance have a clear voice within the programme and support the success of the programme
Support the Retail Reporting & Change team to work with our data team (ADA) to ensure analytical resource is used effectively and business priorities and resource allocation are well understood and aligned
Develop uniformed reporting and performance evaluation across Retail & Digital enabling your business partners to quickly establish their areas of focus through the Channel, Cost line and other relevant lenses
Ensure there is appropriate governance around capital expenditure and support the business to prioritise capital spend in areas giving the best return or alignment to the maintenance programme
Challenge all investment decisions ensuring they are appraised, monitored and reviewed through the correct channels and all learnings are carefully considered in future investment decisions
Own Centrals reporting across the Retail and Digital teams, ensuring best in class reporting and holding the business to account on its performance
What you need to know and show
Professionally Qualified Accountant (ACCA/ACA/CIMA)
An inspiring leader, supporting colleagues to build successful careers
Strong commercial acumen with a clear focus on driving excellent financial and commercial performance
A desire to achieve best in class business partnering - holding the business to account while striving to support success with demonstrable energy and determination
Effective communicator and challenger with stakeholders up to and including board level, including audiences of varying financial and commercial acumen
Proven track record of managing commercial relationships and influencing senior decision makers
Self-motivated team player, able to work autonomously
Proven history of effective prioritisation and ability to push back when appropriate
Experience of maintaining strong financial controls
Committed to driving change and comfortable with managing any associated conflicts
Demonstrate resilience, and the ability to be flexible and able to cope with time pressure, risk and ambiguity
Demonstrate forward-thinking and able to anticipate areas of focus well in advance of risks manifesting or opportunities being missed
What decisions I can make including budget
Set direction for the team and provide challenge to the business
Leadership and development of the team
Allocation and prioritisation of team resources
Allocation and prioritisation of team activity
Creation and implementation of management information and insight
Identification of focus areas and challenge of business performance
Directly or indirectly manages
Directly manages a team of 2 C5's and indirectly a team of 4 C4's
Indirectly supports the Retail Reporting & Change team and other Business Partnering teams
Support we will provide
Sainsbury's L&D offer
Line management support as required to develop a best in class Business Partnering Finance function
#LI-BB1
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