Finance Manager - Retail Non-Labour Costs in London
Finance Manager - Retail Non-Labour Costs

Finance Manager - Retail Non-Labour Costs in London

London Full-Time 50000 - 60000 ÂŁ / year (est.) Home office (partial)
Sainsbury's Supermarkets Ltd

At a Glance

  • Tasks: Lead financial oversight and analysis for non-labour costs in a fast-paced retail environment.
  • Company: Join Sainsbury’s, a leading FTSE business with a focus on innovation and collaboration.
  • Benefits: Enjoy competitive salary, flexible working, and amazing discounts on shopping.
  • Other info: Dynamic team culture with opportunities for continuous learning and career growth.
  • Why this job: Make a real impact on strategic decisions while developing your finance career.
  • Qualifications: ACCA, ACA or CIMA qualified with experience in financial management and stakeholder engagement.

The predicted salary is between 50000 - 60000 ÂŁ per year.

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.

About the team: You will be joining the Retail Costs Team within Retail Finance, a highly visible function that partners closely with senior leaders across Channel Operations and Customer Contact & Service. The team plays a critical role in supporting the delivery of the Retail strategy by providing clear insight, constructive challenge and robust financial governance across a large and diverse cost base. This is a collaborative, fast‑paced environment where your analysis directly informs strategic decisions and investment choices.

More about the role: As Finance Manager – Retail Non‑Labour Costs, you will act as a key finance business partner to the Director of Channel Operations and the Director of Customer Contact & Service. You will be accountable for the financial oversight of significant non‑labour cost areas, including Security & Guarding, Contact Centres and a range of store‑controllable costs. Your day‑to‑day work will involve reviewing cost performance, identifying risks and opportunities, and supporting prioritisation and trade‑off discussions with senior stakeholders. You will lead the planning, budgeting and forecasting cycles for Retail Non‑Labour Costs, while ensuring strong governance around operating and capital expenditure. The role also involves challenging investment proposals, appraising returns, and embedding learnings into future decision‑making. In addition, you will provide ad‑hoc and forward‑looking analysis to support commercial decision‑making and lead a team to deliver high‑quality outputs within a culture of curiosity and continuous improvement.

More about you: You are a commercially minded finance professional who thrives in a business‑partnering role and enjoys influencing decision‑making at senior level. You are comfortable holding stakeholders to account while maintaining strong, collaborative relationships, and you bring confidence when challenging assumptions and investment choices. You approach problems with curiosity, anticipate risks before they materialise and remain resilient when operating in a complex and fast‑moving environment. You will be an effective communicator, able to adapt your style to audiences with varying levels of financial knowledge. You are organised, disciplined and capable of managing competing priorities, while remaining focused on delivering insight that drives improved performance and value for money.

Requirements:

  • Professionally qualified accountant (ACCA, ACA or CIMA).
  • Demonstrable experience of financial ownership of P&L and balance sheet performance.
  • Proven ability to influence and challenge stakeholders up to Director level using clear financial insight.
  • Evidenced experience of leading budgeting, forecasting and planning cycles.
  • Demonstratable experience of maintaining robust financial controls and governance over operating and capital expenditure.
  • Experience working within Retail or a similar industry.

Benefits: 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… 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. Here are some of them… 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 payday) 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.

Finance Manager - Retail Non-Labour Costs in London employer: Sainsbury's Supermarkets Ltd

At Sainsbury's, we pride ourselves on being an exceptional employer that values work-life balance and employee development. Located in the heart of London, our Store Support Centre fosters a collaborative and fast-paced environment where your contributions directly impact our retail strategy. With a comprehensive benefits package, including generous discounts, flexible working options, and robust support for personal growth, you'll find a rewarding career that encourages innovation and celebrates success.
Sainsbury's Supermarkets Ltd

Contact Detail:

Sainsbury's Supermarkets Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Manager - Retail Non-Labour Costs in London

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Sainsbury’s on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for the interview by knowing your stuff! Research Sainsbury’s recent projects and challenges in retail finance. This shows you’re genuinely interested and ready to contribute from day one.

✨Tip Number 3

Practice your storytelling skills! Be ready to share specific examples of how you’ve influenced decisions or improved processes in previous roles. This will help you stand out as a candidate who can make an impact.

✨Tip Number 4

Don’t forget to follow up after your interview! A quick thank-you email reiterating your enthusiasm for the role can leave a lasting impression. Plus, it shows you’re proactive and keen!

We think you need these skills to ace Finance Manager - Retail Non-Labour Costs in London

Financial Analysis
Budgeting
Forecasting
P&L Management
Stakeholder Management
Financial Governance
Cost Control
Commercial Acumen
Communication Skills
Problem-Solving Skills
Team Leadership
Adaptability
Attention to Detail
Organisational Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight your experience with P&L and balance sheet performance, as well as any relevant retail experience. We want to see how your skills align with what we’re looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention specific examples of how you've influenced decision-making at a senior level and how you’ve maintained financial controls.

Showcase Your Analytical Skills: In your application, don’t forget to showcase your analytical skills. Talk about how you’ve identified risks and opportunities in previous roles, and how your insights have driven improved performance. We love a curious mind!

Apply Through Our Website: We encourage you to apply through our website for the best experience. It’s straightforward and ensures your application gets to the right people. Plus, you’ll find all the info you need about the role and our amazing benefits!

How to prepare for a job interview at Sainsbury's Supermarkets Ltd

✨Know Your Numbers

As a Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key metrics related to non-labour costs and be ready to discuss how you've managed P&L and balance sheets in the past. This will show that you can provide clear insights and challenge assumptions effectively.

✨Understand the Business

Familiarise yourself with Sainsbury's retail strategy and the specific challenges they face in managing non-labour costs. Being able to speak knowledgeably about their operations will help you connect with your interviewers and show that you're genuinely interested in the role.

✨Prepare for Stakeholder Scenarios

Expect questions about how you've influenced senior stakeholders in previous roles. Prepare examples where you've successfully navigated complex discussions or challenged investment proposals. This will highlight your ability to maintain strong relationships while holding others accountable.

✨Showcase Your Curiosity

The role requires a curious mindset, so be prepared to discuss how you've approached problem-solving in the past. Share instances where you've anticipated risks and taken proactive steps to mitigate them. This will demonstrate your resilience and adaptability in a fast-paced environment.

Finance Manager - Retail Non-Labour Costs in London
Sainsbury's Supermarkets Ltd
Location: London

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