Strategic Finance Partner for Customer Initiatives

3 weeks ago


Welwyn Garden City, Hertfordshire, United Kingdom Tesco Full time
Position Overview
As the Strategic Finance Partner for Clubcard, you will deliver essential financial guidance to the Clubcard leadership team. This position provides a significant opportunity for business collaboration, allowing you to play a crucial role in teams focused on innovative Clubcard projects that align with the future strategy of Clubcard. Your financial expertise will be vital from the initial stages of proposition development to the launch phase.
Customer Finance is uniquely situated, as no other finance division is closer to the customer. Every analysis we perform is viewed through a customer-centric lens, compelling you to consider the potential effects on customer behavior—an approach that is fundamental to Tesco's operations.
We recognize that life varies for each individual. At Tesco, we encourage discussions about flexible working arrangements. Some individuals are at the beginning of their careers, while others seek the freedom to pursue personal interests. Additionally, some may be navigating significant life changes such as caregiving, approaching retirement, or adapting to parenthood. We invite you to discuss how we can support you throughout your application process.

Key Responsibilities
Overseeing substantial investment expenditures within the Customer sector exceeding £400 million. Collaborating with the Director and the broader Membership & Loyalty leadership team, providing support on all financial decision-making aspects and advancing key business initiatives. Working alongside Trade and CRM (Customer Relationship Management) teams to enhance Sales performance across various activities, including Spend Stretch, Loyalty Card Mailer, and Clubcard challenges. Partnering with the Clubcard Reward team to assess scheme performance, assisting in the review and renegotiation of terms with existing and new Clubcard partners. Developing tracking and reporting for other significant Clubcard propositions, including Christmas Savers, Clubcard Plus subscriptions, and promotions with Tesco mobile. Collaborating with the FP&A and Control teams as part of Clubcard governance to update schemes, analyze penetration, redemption, and breakage trends that may affect scheme costs. Engaging closely with the Customer Insight team and dunnhumby to analyze Clubcard propositions post-launch, either through support on tableau reporting dashboards or conducting quarterly performance deep dives for the Customer leadership team. Leading the preparation of Clubcard case papers for TAG and IC approvals.Qualifications Required
Professional accountancy qualification (ACA, ACCA, CIMA, or equivalent). Proven experience in engaging and influencing senior colleagues across non-financial teams. Advanced financial analysis skills with the ability to interpret data and generate insights independently. Strong commercial awareness and a keen eye for business. Confidence and willingness to challenge colleagues, many of whom possess extensive experience in their respective fields.
Benefits
At Tesco, we believe in providing our valued colleagues with a comprehensive benefits package. This includes wellbeing services, an award-winning pension scheme, and much more, ensuring that we contribute positively to your daily life and that of your family. Benefits include but are not limited to:
Annual bonus scheme of up to 20% of base salary. Starting holiday entitlement of 25 days plus a personal day (in addition to Bank holidays). Salary sacrifice scheme for purchasing additional holiday (for salaried roles). Private medical insurance. Retirement savings plan with a contribution match from Tesco. Life Assurance covering 5 times contractual pay. Generous maternity and adoption leave policies. The right to request flexible working arrangements from your first day. Access to a 24/7 virtual GP service and Employee Assistance Programme (EAP) for you and your family. A Colleague Clubcard for you and a family member, providing access to numerous discounts. Exclusive colleague deals and discounts to help save on everyday expenses. Opportunities for continuous learning and development through our award-winning training programs.
About Tesco
Our vision at Tesco is to become every customer's preferred shopping choice, whether at home or on the go. Our core purpose is 'Serving our customers, communities, and planet a little better every day.' This commitment goes beyond mere transactions; it encompasses our role as a responsible and sustainable business for all stakeholders, the communities we serve, and the planet.
We take pride in fostering an inclusive culture at Tesco, where everyone feels empowered to be themselves. We celebrate diversity and recognize the value it brings, ensuring that all colleagues have equal opportunities. We are honored to be recognized as a Disability Confident Leader and are dedicated to providing an inclusive and accessible recruitment process.

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