Strategic Finance Partner for Clubcard

3 weeks ago


Welwyn Garden City, Hertfordshire, United Kingdom Tesco Full time
Position Overview
As the Strategic Finance Partner for Clubcard, you will deliver financial guidance to the Clubcard leadership team. This position provides a true opportunity for business collaboration, allowing you to significantly contribute to teams focused on innovative Clubcard projects that align with the future strategy of Clubcard. Your financial expertise will be essential from the initial stages of proposition development to the eventual launch.
Customer Finance holds a unique position, as no other finance division is as closely connected to the customer. Every analysis performed is examined through a customer perspective, prompting you to evaluate the potential effects on customer behavior—an approach that is fundamental to Tesco's operations.
We understand that everyone's life circumstances are different. At Tesco, we encourage discussions about flexible working arrangements. Some individuals are at the beginning of their careers, while others seek the flexibility to pursue personal interests. Many are navigating significant life changes such as caregiving, approaching retirement, or adapting to parenthood. We invite you to communicate your needs throughout the application process.

Key Responsibilities
Overseeing the largest investment expenditure within the Customer sector, exceeding £400m. Collaborating with the Director and the broader Membership & Loyalty leadership team to support all aspects of financial decision-making and propel 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, aiding in the review and re-negotiation of terms with current and prospective Clubcard partners. Developing tracking and reporting mechanisms for other essential Clubcard propositions, such as 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 scheme metrics, including penetration, redemption, and breakage trends that may influence scheme costs. Engaging closely with the Customer Insight team and dunnhumby to analyze Clubcard propositions post-launch, providing support for 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
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 derive insights independently. Strong commercial awareness and a keen business acumen. 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 contributions matched by Tesco. Life Assurance covering 5 times contractual pay. Generous maternity and adoption leave policies. The right to request flexible working arrangements from day one. 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, offering discounts in-store and online. Exclusive colleague deals and discounts to help save on everyday expenses. Opportunities for professional development through ongoing learning and award-winning training programs.
About Tesco
Our vision at Tesco is to become the preferred shopping choice for every customer, whether they are at home or on the go. Our core purpose is 'Serving our customers, communities, and planet a little better every day.' This commitment extends beyond transactions; it encompasses our role as a responsible and sustainable business for all stakeholders, communities, and the environment.
We take pride in fostering an inclusive culture at Tesco, where everyone can truly be themselves. We celebrate diversity and recognize the value it brings, ensuring that all colleagues have equal opportunities. We are proud to be accredited as a Disability Confident Leader and are dedicated to providing an inclusive and accessible recruitment process.

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