Finance Manager - 12 Months FTC

Finance Manager - Activity Based Costing

Location - Lochside, Edinburgh

In a nutshell

As Finance Manager - Activity Based Costing (ABC) you'll be responsible for the development and production of Sainsburys Bank & Argos Financial Services (SBAFS) costs on a driver-based approach. This will include end to end understanding of SBAFS costs and identification of direct and indirect costs and subsequent drivers. You'll develop business understanding in order to support and challenge operational functions, support change and investment initiatives and support operational excellence across SBAFS.

What you need to do

• You'll be representing Finance at cost centre meetings and will be responsible for providing financial support and challenge on current and future business performance and plans. Working independently using judgment and subject matter expertise you'll work with the business to shape future performance and strategy. Responsibilities will include month end reviews, KPI analysis, cost patterns, new product development / investment appraisals and preparation of relevant papers.
• Development of driver-based reporting to aid business understanding.
• Challenge assumptions through analysis of trends and other MI
• Co-ordinate and process information from various sources to ensure the delivery of all aspects of the annual planning cycle and regular forecasting processes. In addition, drive the understanding of ongoing risks and opportunities in the product and cost base and how this impacts on the full year out turn projections. Use judgment and expertise to help set challenging yet achievable budgets and forecasts within the context of wider Bank strategy
• Develop models and best practice to assist the business in measuring impact of changes to the budgeted balance sheet and P&L positions. Working with other finance teams, update and reforecast changes to produce a monthly desktop forecast to support the forecasting and planning processes.

• Provide cost centre managers with financial information to assist in strategic decision making and any business cases. Review and provide challenge to these business cases/decisions ensuring delivery of financial results set out within the Banks wider strategy.

What you need to know and show

• A qualified Accountant or QBE with practical experience of financial reporting and management accounting or have strong financial modelling qualifications and commercial experience.
• Well organised and able to prioritise workload in line with tight deadlines and work effectively under pressure
• Highly numerate, with excellent analytical and problem-solving skills and attention to detail (including excel knowledge).
• Excellent team player demonstrating strong relationship management skills with an ability to work closely with others to deliver results
• Customer focused
• Proven track record of working on own initiative, demonstrating an ability to think and reason logically with the ability to introduce fresh thinking to the role and the wider team.
• Communication: excellent written communication (business and project reports) and an ability to communicate effectively across all levels of the organisation , e.g. able to translate complex / technical issues to meet the audience's competency level

Our benefits

In addition to the all-important competitive salary, pension & bonus offering, we totally get that life outside work is important to us all. So, we want to shout out some of our other great benefits...

• We offer flexible working to help you achieve a good work/life balance.
• Opportunity to buy extra holidays is on the table.
• Discounts on your weekly shop, buying a laptop or sofa? We've got it covered through your Sainsbury's, Argos and Habitat store discount card.
• Cycle to work scheme and great coffee and cake!

A little about us & our culture

We're proud of our heritage as the UK's first supermarket bank. As digital technology drives the banking landscape we want to be at the cutting edge of this technology, offering award winning innovative digital banking products to our customers. Technology is where we see our growth therefore, we need innovators to join us and drive the next phase of our evolution.

We're a friendly bunch who collectively share a passion to make our customers' financial lives easier. As part of the wider Sainsbury's Group, being one of the UK's most trusted brands, it brings our colleagues a wealth of opportunities to fulfil their potential. Here, you can be part of something bigger and help to create a new approach that puts the customer at the heart of everything we do.

Everyone is welcome at the Sainsbury's Group, and we're proud to be an equal opportunities employer that champions a diverse and inclusive culture that reflects the diversity of the communities we serve.

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 within their working days, giving plenty of time and space for life outside of work whilst delivering against our business goals.

If you're interested in applying and are excited about working with us but are unsure if you have the right skills and experience - we'd still love to hear from you! We'd also be happy to discuss more flexible working options such as job shares and part time working.

As this role involves working within a regulated environment any offer will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references.

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