Cost Management Specialist
2 months ago
About the Role
We are seeking a highly skilled Financial Control Manager to join our Insurance and Money Services team at Tesco Bank. As a key member of our Financial Control team, you will play a critical role in supporting the delivery of a robust cost control environment across our business.
Key Responsibilities
- Support and deliver a control environment that substantiates and gives integrity to the cost-related balances held within our Oracle General Ledger.
- Actively participate as a member of the Financial Control team.
- Support the IMS Accounts receivable and payable processes, including intercompany payments and the Tesco India Finance relationship.
- Provide technical guidance when required on analyzing data from multiple sources to draw appropriate conclusions and make suitable recommendations.
- Work within established systems to deliver prescribed outcomes for the Cost area of financial control.
- Process costs and provide support in forecasting of the Asset Register, advising on appropriate revenue and capital expenditure treatment.
- Work with the offshore team to ensure integrity of the cost recognition.
- Provide a level of segregation of duties for working capital management and payments undertaken by Treasury.
Requirements
- Professional accountancy qualification.
- Strong experience of financial reporting and applying appropriate accounting treatments.
- Substantial general work experience together with comprehensive job-related experience in own area of expertise to fully competent level.
- Understanding of the cost considerations of a business and the end-to-end reconciliation of the ledger and Balance Sheet.
- Understanding of relevant external regulation.
- Proficient user of MS Excel and PowerPoint.
- Ability to build relationships across a Finance function.
What We Offer
- Private Medical Insurance (WL2+) and virtual GP Service.
- Performance-related annual bonus.
- Generous holiday allowance with a minimum of weeks, with the opportunity to buy more.
- Colleague Clubcard benefits, including a % discount that increases to % every payday (worth up to 2K).
- Buy as you Earn and Save as your Earn share schemes.
About Us
We want all our colleagues to always feel welcome and be themselves. We're committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.
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