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 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 acumen will be essential from the initial stages of proposition development to the launch phase.
Customer Finance stands out as it is the finance department closest to the customer. Every analysis we perform is viewed through a customer-centric lens, prompting you to evaluate 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 colleagues are at the beginning of their careers, while others seek the flexibility to pursue personal interests. Many are navigating significant life changes, such as becoming caregivers, approaching retirement, or adapting to parenthood. We invite you to communicate your needs throughout the application process.

Key Responsibilities
Overseeing substantial investment expenditures within the Customer domain 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, facilitating reviews and renegotiating terms with current and prospective Clubcard partners. Enhancing tracking and reporting for other essential Clubcard propositions, such as Christmas Savers, Clubcard Plus subscriptions, and promotions with Tesco mobile. Collaborating with 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, supporting 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 generate insights independently. Strong commercial awareness and a keen business perspective. 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, but is 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 coverage of 5 times contractual pay. Generous maternity and adoption leave policies. Flexible working arrangements available from the first day of employment. Access to a 24/7 virtual GP service and Employee Assistance Programme (EAP) for you and your family. Colleague Clubcard for discounts in-store and online after three months of service. Exclusive colleague deals and discounts on everyday purchases. Opportunities for ongoing learning and development through award-winning training programs.
About Tesco
At Tesco, our vision 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 embodies our responsibility as a sustainable business for all stakeholders, including the communities we serve and the planet we inhabit.
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. Our commitment to creating a workplace that values differences ensures equal opportunities for all colleagues. We are proud to be recognized as a Disability Confident Leader and are dedicated to providing an inclusive and accessible recruitment process.

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