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Finance Manager

3 months ago

London Central, United Kingdom Sainsbury's Full time
Job Description

Please note, this role is based out of our Holborn Store Support Centre & Home. Colleagues in the team go into the office 1-2 days per week on average.

The Commercial Finance Team plays a crucial role in both shaping and delivering the strategy at Sainsbury's. It's a highly competitive industry that never stands still, and Finance has a key role to play in driving, partnering, and protecting our business. Our focus is on maximising sales, profit, return on investment and cash flow alongside our non-financial objectives.

Our ability to work with Suppliers and build partnerships that unlock shared growth through sustainable customer outcomes is a key part of our Food First strategy at Sainsbury's.

This role will be embedded in one of our Commercial Buying areas and work alongside our Commercial Finance team providing analytical and decision-making support through Commercial negotiations.

More about the role
  • Support the wider Supplier Planning team as we shape and develop our approach to Branded and Own Label Supplier Planning
  • Partner with Finance and Non-Finance stakeholders and provide decision-making support and constructive challenge that enables us to grow sales, improve margin, and drive cashflow
  • Drive insight and analytical support on Supplier Planning activity, including scenario modelling and analysing negotiation outcomes to understand the financial impact of commercial negotiations
  • Provide constructive challenge to ensure that we set appropriate targets, provide robust financial modelling to support decisions, deliver against our plans, and realise negotiated benefits
  • Communicate project progress, financial benefits, or outcomes pertinent to this area.
  • Ensure that we remain compliant to all relevant financial accounting standards as well as the Grocery Supply Code of Practice
More about you
  • Qualified accountant -CIMA/ACCA/ACA
  • Self-motivated team player, able to work autonomously, prioritise and solve problems
  • Live our valued behaviours; 'Own it', 'Make it Better' and 'Be human'
  • Immerse yourself within the category team, build relationships and understand the respective priorities of the cross-functional teams (Buying, Supply Chain, Ranging, Category planning, Technical, Innovation, Finance, Plan for Better and Packaging teams)
  • Applies experience working in large FMCG, Food or Retail business and an understanding of Commercial Margin levers and Food Supplier business models to create value for the business
  • Ability to communicate effectively with senior stakeholders. Very good networking and partnering skills
#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 20% 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, interest free car loan of up to £10k, 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, you will also be eligible for private healthcare too.

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).