At a Glance
- Tasks: Drive financial planning and analysis to support Sainsbury's Financial Services growth.
- Company: Join Sainsbury's Financial Services, a leader in multi-channel retail finance.
- Benefits: Enjoy discounts, bonuses, flexible working, and comprehensive health benefits.
- Other info: Dynamic environment with opportunities for personal and professional development.
- Why this job: Make a real impact on financial strategies and business decisions.
- Qualifications: Qualified accountant or experienced in commercial finance with strong analytical skills.
The predicted salary is between 56700 - 69300 £ per year.
Location: London or Edinburgh Store Support Centre & Home. Colleagues go into the office 1-2 days per week on average.
Joining the Finance team at Sainsbury's Financial Services offers a unique opportunity to work at the forefront of financial services within a multi-channel retail environment. Sainsbury’s Financial Services is at the start of its journey, and this role will help shape the long-term growth; you will play a crucial role in managing complex data sets and driving strategic financial planning initiatives, supporting business growth, challenging the status quo, and delivering valuable insights to drive decision-making. With a focus on collaboration, innovation, and continuous improvement, you will have the chance to make a significant impact on the performance and direction of Sainsbury's Financial Services division, while benefiting from a supportive work environment and opportunities for personal and professional development.
As a Commercial Finance Manager, you will play a crucial role as the primary interface between Finance and business owners for Sainsbury's Financial Services products. Your responsibilities will include:
- Providing support and challenge to ensure the preparation of reliable and timely financial plans.
- Driving income generation and cost-saving initiatives.
- Conducting financial analysis for business cases and ad hoc insight.
- Representing finance at product review meetings.
- Presenting financial performance and analysis.
- Co-ordinating and processing information for the annual planning cycle.
- Developing models to measure the impact of changes on budgeted balance sheets and P & L positions.
- Utilising large data sets to optimise product profitability.
- Supporting requests for ad hoc analytics.
- Deputising for the Head of Finance in key committees to discuss overall financial performance within the Financial Services division.
Your role will be instrumental in contributing to the strategic financial planning and decision-making processes within the organisation.
You are a highly skilled professional with a proven track record of delivering value through insightful analysis and financial expertise. Your ability to challenge and collaborate with stakeholders in a constructive manner, coupled with your proficiency in building complex financial models and working with large data sets, enables you to drive informed decision-making and optimise product profitability. With strong communication skills and strategic thinking, you effectively translate complex finance and data analytics into actionable insights, supporting the business in achieving its financial goals and objectives.
Essential Criteria
- Qualified accountant (e.g. ACA, ACCA, CIMA) or demonstrable experience operating as a Commercial Finance Manager with accountability for financial analysis and decision support.
- Proven ability to build, maintain and enhance complex financial models using Microsoft Office applications, including advanced Excel.
- Demonstrable experience analysing large and complex datasets to identify trends, solve business problems and support decision-making; Power BI and SQL experience is desirable.
- Evidence of delivering measurable business value through financial analysis, insight generation and recommendations.
- Proven ability to communicate complex financial, data and analytical information to senior stakeholders, including providing constructive challenge and influencing business decisions.
We are committed to being a truly inclusive retailer so you’ll be welcomed whoever you are and wherever you work. Around here, there’s always the chance to try something new — whether that’s as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we’ll also offer you an amazing range of benefits.
Starting off with colleague discount, you'll be able to save 10% on your shopping online and instore at Sainsbury's, Argos, TU and Habitat, and we regularly increase the discount to 15% at points during the year. We've also got you covered for your future with our pensions scheme and life cover. You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 20% of salary, depending on how we perform.
Your wellbeing is important to us too. You'll receive an annual holiday allowance, and you can buy up to an additional week's holiday, and we provide private healthcare. We also offer other benefits that will help your money go further such as season ticket loans, interest free car loan of up to 10k, cycle to work scheme, health cash plans, salary advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers. And if you ever need it there is also an Employee Assistance Programme.
Moments that matter are as important to us as they are to you which is why we give up to 26 weeks’ pay for maternity or adoption leave and up to 4 weeks’ pay for paternity leave.
We’d all like amazing work to do, and real work-life balance. That’s waiting for you here at Sainsbury’s. For a FTSE business, we move incredibly fast. When we’re not leading projects, we’re supporting teams across the wider group to achieve their goals. And here, you can see the impact of your work as soon as you walk into a store, giving you a real sense of purpose and responsibility. Better still, the team around you will listen to your ideas and opinions, and you’ll have every chance to try something new. The scale and complexity of our business mean there’s always something new to learn, and we’ll support you every step of the way. We’re trusted to get on with it. So get ready to make things happen.
Full time
Posting Date: 2026-08-17
Commercial Finance Manager - Sainsbury's Financial Services in London employer: Sainsbury's Bank
Joining Sainsbury's Financial Services as a Commercial Finance Manager offers an exceptional opportunity to be part of a dynamic team at the forefront of financial services within a multi-channel retail environment. With a strong emphasis on collaboration, innovation, and personal development, employees benefit from a supportive work culture that values their contributions and encourages growth. The role not only provides competitive benefits, including discounts, performance-related bonuses, and flexible working arrangements, but also allows you to make a tangible impact on the business while enjoying a fulfilling work-life balance in vibrant locations like London or Edinburgh.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Finance Manager - Sainsbury's Financial Services in London
✨Tap into Campus Networks
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We think you need these skills to ace Commercial Finance Manager - Sainsbury's Financial Services in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Sainsbury's Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Sainsbury's Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Sainsbury's Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Sainsbury's Bank.
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✨Show Your Passion for Finance
Since this is a full-time position, employers at Sainsbury's Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Sainsbury's Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
