Commercial Finance Specialist

3 weeks ago


London, Greater London, United Kingdom Sainsbury's Full time
Position Overview
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 is pivotal in shaping and executing the strategy at Sainsbury's. In a dynamic industry that is constantly evolving, Finance plays a vital role in challenging existing processes and driving transformation. Our primary focus is on enhancing sales, profitability, return on investment, and cash flow alongside our non-financial objectives.

Key Responsibilities
  • Enhance the accuracy, efficiency, and insights across various aspects of Food Commercial financial performance, including ownership of our periodic insights pack.
  • Manage all Food P&L systemic reporting, ensuring reconciliation between Onestream and SIMBA for accuracy.
  • Collaborate closely with Commercial Finance stakeholders, driving optimal financial outcomes for Sainsbury's by understanding commercial performance and its underlying drivers.
  • Take full ownership of non-core trading (Non-BU) and lead on key financial processes such as Corporate Plan, Budget, and Latest View.
  • Simplify complex financial systems and management interactions, understanding their financial implications and challenging current processes.
  • Oversee a third-party relationship with profit recovery auditors.
  • Maintain financial rigor, providing necessary challenges to ensure the robustness of financial figures while ensuring compliance with relevant financial accounting standards.
  • Supervise two Finance Analysts.
Candidate Profile
  • Qualified accountant - CIMA/ACCA/ACA.
  • Experience in large FMCG, Food, or Retail sectors.
  • Proficient in advanced PowerPoint and Excel skills (including pivot tables, lookups, and macros).
  • Effective communication skills with senior stakeholders, both verbally and in writing.
  • Self-motivated with strong time management abilities.
  • Ability to prioritize tasks and respond accurately under pressure.
  • Strong impact and influence skills.
  • Ability to convey financial concepts to non-financial audiences.
  • Excellent planning and organizational skills.
  • Strong networking and partnership abilities.

We are committed to fostering an inclusive environment, welcoming individuals from all backgrounds. At Sainsbury's, there are always opportunities to explore new challenges, whether within an evolving team or across different areas of the business. We prioritize development and support for our colleagues, recognizing and celebrating those who go above and beyond. Flexible working arrangements are available, and we offer a comprehensive range of benefits, including colleague discounts, pension schemes, life cover, performance-related bonuses, and various wellbeing initiatives.

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