Treasury Accounting Manager in London

We're looking for a talented Treasury Accounting professional to join our specialist Group Treasury team. Reporting to the Head of Treasury - Accounting, this role offers the opportunity to shape high-quality financial reporting, lead on financial instruments accounting, support our Treasury Management Systems, and collaborate closely with both Treasury and wider Finance stakeholders. If you enjoy combining technical expertise with insightful analysis and strong business partnering, this is the role for you.

Responsibilities

• Lead Treasury inputs into budgeting, forecasting, and long-term planning, providing clear, insightful commentary on key movements and drivers.
• Own the full hedge accounting lifecycle under IFRS 9, including designation, documentation, effectiveness testing, and ongoing monitoring.
• Perform technical accounting assessments for complex treasury transactions, preparing robust judgement papers to support audit.
• Partner with FP&A and Finance teams to deliver insight on financing costs, market movements, and treasury impacts on plans and forecasts.
• Lead the preparation and review of year-end Treasury disclosures, including financial instruments and risk disclosures under IFRS 7.
• Strengthen treasury reporting controls, maintaining a robust control framework and addressing any control gaps proactively.
• Build strong working relationships across Group Finance, Finance Change, Treasury, and external auditors.
• Use ERP & EPM systems for journal processing, reconciliations, and treasury reporting.

Qualifications

• A recognised professional accounting qualification (ACA/ACCA/CIMA or equivalent).
• Experience in treasury accounting and financial instruments (desirable).
• Practical experience working with ERP systems.
• Strong experience in year-end financial statements, disclosures, and working with external auditors on IFRS matters.
• Expertise in control & compliance, IFRS application, and ERP/TMS systems.
• Strong skills in big-picture thinking, communication, analysis & insight, and use of ETL tools.

Benefits

• 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, we also offer 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.

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: 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 https://www.tesco-careers.com/accessibility.