Finance Manager - Technology

Finance Manager - Technology

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join Tesco as a Finance Manager, collaborating with the Technology team to optimise investments.
  • Company: Tesco aims to be every customer's favourite way to shop, focusing on sustainability and community.
  • Benefits: Enjoy a bonus scheme, 25+ days holiday, private medical insurance, and flexible working options.
  • Why this job: Be at the heart of innovation, influencing senior leaders and driving change in a dynamic environment.
  • Qualifications: ACCA, ACA, or CIMA qualified with strong data analysis skills and experience in project finance.
  • Other info: Embrace a culture of inclusivity and flexibility with opportunities for personal and professional growth.

The predicted salary is between 43200 - 72000 £ per year.

Overview

We have an exciting opportunity for a Finance Manager to join the Technology Finance team here at Tesco. In this role, you will act as a key Business Partner to the Technology leadership team, supporting the Group\’s Technology function to optimise investments. You will engage with various teams across the business, working at the core of new propositions within the Tesco Group. Your main responsibility will be to ensure a robust understanding of the financial implications of activities being delivered and their impact on the Group\’s overall performance, particularly in an environment where scale and resilience are crucial. This broad-ranging finance role is ideal for a proactive finance professional who excels at interacting with and influencing senior stakeholders, and who has experience driving change.

Responsibilities

  • Collaborate with the Technology Leadership team and FP&A to drive value through an integrated strategic and annual planning process. Support prioritization reviews, bottom-up planning, key assumptions, and alignment of capital and operational spending.
  • Serve as a financial advisor to technology leaders, providing insights on how technology can drive business value.
  • Continuously evaluate the financial management of technology across the business to ensure best-in-class practices, considering the pace of technological change. Evaluate, challenge, and report on the overall value creation of the technology portfolio.
  • Communicate financial insights and technology investment outcomes to senior executives within both Finance and Technology.
  • Oversee the financial management of a broad portfolio of investments, including numerous projects across delivery programs and priorities. Lead management of key metrics, including capitalization rates and resource allocation between projects and operations/support through a balanced portfolio.
  • Review and challenge business cases for technology investments, ensuring incremental technology spend intended to generate savings elsewhere in the business is identified and justified.
  • Work with Control and FP&A to deliver insightful Management Accounts and Director Packs, ensuring good control of business areas with a detailed understanding of risks and opportunities.
  • Provide ad-hoc financial modelling and analysis to support innovation and business decision-making. Collaborate with Control & FP&A to facilitate the Technology Approvals Group in managing Capital and Operational investments and work with the Investment Committee to ensure streamlined processes.
  • Identify and implement efficiency savings across the cost base, promoting a culture of cost consciousness.
  • Drive process improvements and simplify the finance operating model, working with finance teams across the end-to-end capital lifecycle.

You will need

  • ACCA, ACA, CIMA qualified (or equivalent)
  • Strong data interpretation and analysis skills
  • Experience with Capex analysis and project-based financial assessments
  • Ability to drive the finance agenda and work effectively with senior colleagues
  • Ability to communicate complex financial data and analysis in a clear, concise and persuasive manner to both financial and non-financial audiences
  • Understanding of Technology function is an advantage

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What’s in it for you

We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!

  • Annual bonus scheme of up to 20% of base salary
  • Holiday starting at 25 days plus a personal day (plus Bank holidays)
  • Private medical insurance
  • 26 weeks maternity and adoption leave (after 1 year\’s service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay; 6 weeks fully paid paternity leave
  • Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing

About us

Our vision at Tesco is to become every customer\’s favourite way to shop, whether they are at home or out on the move. Our core purpose is \’Serving our customers, communities and planet a little better every day\’. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.

We are proud to have an inclusive culture at Tesco where everyone truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings. We\’re committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities. We\’re a big business with diverse working patterns and many business areas which means that we can find something that works for you. Everyone is welcome at Tesco.

We have recently announced that we will be moving towards a more blended working week – combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. Please talk to us about how this can work for you.

Note

NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date.

We\’re proud to have been accredited Disability Confident Leader and we\’re committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please visit Tesco Careers accessibility page.

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Finance Manager - Technology employer: Retail Human Resources plc

At Tesco, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Finance Manager in our Technology Finance team, you'll benefit from a comprehensive colleague benefits package, including an annual bonus scheme, generous holiday allowance, and private medical insurance, all while working in a supportive environment that values diversity and promotes employee growth. With our commitment to flexible working arrangements and a focus on mental wellbeing, Tesco is the ideal place for finance professionals looking to make a meaningful impact.
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Contact Detail:

Retail Human Resources plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Manager - Technology

✨Tip Number 1

Familiarise yourself with Tesco's Technology function and its recent projects. Understanding their current initiatives will help you engage in meaningful conversations during interviews, showcasing your genuine interest and knowledge about the role.

✨Tip Number 2

Network with current or former employees in similar roles at Tesco. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach when discussing your experience and how it aligns with the Finance Manager position.

✨Tip Number 3

Prepare to discuss specific examples of how you've driven financial change in previous roles. Highlighting your ability to influence senior stakeholders and improve processes will demonstrate that you have the proactive mindset Tesco is looking for.

✨Tip Number 4

Stay updated on the latest trends in technology finance and investment strategies. Being able to speak knowledgeably about industry developments will set you apart as a candidate who is not only qualified but also forward-thinking and innovative.

We think you need these skills to ace Finance Manager - Technology

ACCA, ACA, CIMA qualified (or equivalent)
Strong data interpretation and analysis skills
Capex analysis expertise
Project-based financial assessments
Ability to drive finance agenda
Effective communication with senior colleagues
Clear and concise presentation of complex financial data
Understanding of Technology function
Stakeholder management
Financial modelling and analysis
Experience in managing capital and operational investments
Process improvement skills
Cost consciousness and efficiency savings identification
Collaboration with FP&A and Control teams

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly in technology and project-based assessments. Use keywords from the job description to demonstrate your fit for the role.

Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the Finance Manager position at Tesco. Mention specific experiences where you've successfully influenced senior stakeholders or driven change in financial practices.

Showcase Your Qualifications: Clearly state your ACCA, ACA, or CIMA qualifications in your application. Provide examples of how your strong data interpretation and analysis skills have contributed to previous roles.

Prepare for Potential Questions: Think about how you would communicate complex financial data to non-financial audiences. Be ready to discuss your approach to financial management and how you can drive value through technology investments.

How to prepare for a job interview at Retail Human Resources plc

✨Understand the Role

Make sure you have a solid grasp of the Finance Manager role within the Technology team. Familiarise yourself with how this position supports the overall business strategy and the specific responsibilities outlined in the job description.

✨Prepare Financial Insights

Be ready to discuss your insights on how technology can drive business value. Think about examples from your past experience where you've successfully influenced financial decisions or improved financial management in a tech context.

✨Showcase Your Communication Skills

Since you'll be communicating complex financial data to both financial and non-financial audiences, practice explaining intricate concepts in a clear and concise manner. Use examples that demonstrate your ability to tailor your communication style to different stakeholders.

✨Demonstrate Proactivity

Highlight instances where you've taken the initiative to drive change or improve processes in your previous roles. This will show that you're not just reactive but can also lead efforts to enhance financial operations and efficiency.

Finance Manager - Technology
Retail Human Resources plc
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