Cost Management Specialist

2 months ago


Edinburgh, Edinburgh, United Kingdom Tesco Bank Full time

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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