Finance Associate- Supplier Funding

2 weeks ago

Coventry, Coventry, United Kingdom Sainsburys Full time
**Finance Associate

  • Supplier Funding** GE)

In a nutshell


We have many different types of funding arrangements with suppliers that each provide unique complexities towards reaching our aim of recognising, collecting and accounting for funding as effectively as possible.

This role will support the logging and collection of supplier income and be a key contact for commercial trading function to support them on a day to day basis.

This role will support commercial teams to understand and ensure that they are engaged and abide by the rules and regulations around supplier funding accounting processes and develop best practices in supplier income accounting.


On a day to day basis the job holder is expected to be close to the detail of transactions within Supplier Income, whilst able to communicate key issues succinctly as part of the bigger picture.


This role will support the Finance Analyst to be able to liaise with the Finance Manager and relevant Senior Managers in this area.

In addition, they will employ the skills and knowledge of team members within the wider trading finance team and through utilisation of their time deliver their objectives.


What you need to do

  • Support the commercial trading teams by providing relevant and accurate reporting to support them in understanding the impact that supplier funding agreements have had on their margin.
  • Champion the supplier funding tools by familiarising yourself with the different sources of funding and the different complexities that exist. Gain knowledge of how the tools work to be able to assist teams with questions on an adhoc basis.
  • Support the Commercial teams to ensure funding deals are collected on a timely basis and that the company's cash flow remains as strong as possible, through insightful and accurate analysis.
  • Provide insight into changes being made to the supplier income process and proactively offer opinions and solutions to existing challenges.
  • Bridge the gap between trading teams and trading finance through excellent stakeholder management and regular interactions with the traders, embedding yourself within their teams as a true business partner for all supplier funding matters.
  • Drive changing behaviours in the business through supporting strategic objectives within supplier funding, identifying improvements and changes to the supplier income process, offering opinions and solutions to existing challenges.
  • Support the commercial trading teams when required by collating and logging funding on a day to day basis ensuring that funding is logged on a timely basis

What you need to know and show

  • Curiosity beyond traditional finance boundaries and ability to understand key business drivers
  • Strong analytical skills, proficient use of excel and the ability to work with and manipulate large volumes of data
  • Ability to build strong relationships with stakeholders, sharing insight proactively and identifying areas of improvement
  • A good communicator that works well in a team, sharing insight and lessons learnt with the Finance community
  • A proactive and highly motivated individual
  • Have a keen eye for detail providing high quality output in a timely manner
  • Ability to identify areas to further improve the efficiency of the team
  • What decisions I can make including budget


The job holder must have an ability to effectively support the Finance Analyst to enable them to articulate the key issues and headlines from Supplier Income to senior stakeholders.

As a Finance Associate, you'll receive a host of great benefits.

As well as a competitive salary and discretionary bonus, you will receive a huge range of learning and development opportunities, 25 days' holiday, a save-as-you-earn scheme, pension and staff discounts at Argos, Sainsbury's, and Habitat.


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 and where they work, combining remote and collaborative working, and giving them plenty of time and space for life outside of work whilst delivering against our business goals.

LI-ED

Primary Location:
GB-GB-Coventry

Work Locations:
Coventry Store Support Centre - Ansty Park and Home Sainsbury's Store Support Centre Draken Drive Ansty ParkAnsty Coventry CV7 9RD

Job:
Commercial & Retail Finance

Schedule:
Full-time

Advertised Salary Up to £28,000

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