At a Glance
- Tasks: Support strategic decisions with insightful analysis and financial modelling.
- Company: Join Sainsbury's, a leading retailer with a dynamic and inclusive culture.
- Benefits: Enjoy discounts, flexible working, and a performance-related bonus.
- Other info: Collaborative environment with opportunities for personal and professional development.
- Why this job: Make a real impact on commercial negotiations and drive growth.
- Qualifications: Part qualified accountant with experience in FMCG or Retail.
The predicted salary is between 40000 - 50000 £ per year.
Location: London Store Support Centre & Home - colleagues go into the office 2 days per week on average.
Why join us
Joining the Commercial Finance team at Sainsbury's as a Finance Analyst - Supplier Planning means being at the forefront of driving strategic decisions and shaping the future of our business. In this dynamic and competitive industry, you will have the opportunity to work collaboratively with Finance and Non-Finance stakeholders, providing valuable insights and analytical support that directly impact our commercial negotiations and drive shared growth with our suppliers. By immersing yourself in the intricacies of our business models and leveraging your analytical skills, you will play a key role in maximising sales, profit, and overall business performance while upholding our values and creating a positive work environment.
What you'll do
You will play a crucial role in supporting the Commercial Finance team by providing insightful analysis and financial modelling to facilitate decision-making during commercial negotiations. Your responsibilities will include:
- Partnering with both finance and non-finance stakeholders
- Conducting scenario modelling
- Analysing negotiation outcomes
- Communicating analysis and insights effectively to drive strategic discussions and reviews
Success in this role will be demonstrated through your ability to develop and analyse Excel models for supplier plans, understand commercial levers relevant to the buying area, gather information from various sources, track benefit realisation, and contribute to enhancing the organisation's understanding of supply base economics while ensuring compliance with regulatory standards.
Who you are
You are a dedicated professional with a strong background in financial analysis and insight, particularly within the FMCG, Food, or Retail industry. Your ability to collaborate effectively with both finance and non-finance stakeholders, coupled with your expertise in scenario modelling and financial impact analysis, enables you to provide valuable support during commercial negotiations and decision-making processes. With a keen analytical mindset, attention to detail, and a commitment to fostering strong relationships across cross-functional teams, you play a pivotal role in driving sustainable growth and maximising financial outcomes for the business.
Essential Criteria
- Part qualified / qualified accountant – CIMA/ACCA/ACA
- Demonstrable experience working in a large FMCG, Food, or Retail business, including application of commercial margin levers and understanding of supplier business models
- Proven ability to analyse complex data sets and generate accurate outputs and insights that inform and support commercial decision-making
- Demonstrated capability to identify, assess and resolve business problems, producing clear and insight-led recommendations
- Evidence of effective collaboration with cross-functional teams (e.g. Buying, Supply Chain, Category Planning, Finance), including building working relationships to deliver shared objectives
- Proven ability to communicate progress, risks and issues through structured reporting, including regular updates in meetings and written reports
Responsibilities
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.
Qualifications
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. Here are some of them:
- Starting off with colleague discount, you'll be able to get 10% off at Sainsbury's, Argos, TU and Habitat after 4 weeks. This increases to 15% off at Sainsbury’s every Friday and Saturday and 15% off at Argos every pay day.
- 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 10% 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 additional holiday. We also offer other benefits that will help your money go further such as season ticket loans, cycle to work scheme, health cash plans, pay 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.
Please see www.sainsburys.jobs for a range of our benefits (note, length of service and eligibility criteria may apply).
Commercial Finance Analyst - Supplier Planning (12M FTC) in London employer: Sainsbury's
Sainsbury's is an exceptional employer that prioritises employee growth and well-being, offering a dynamic work environment where your contributions directly influence the company's success. With a strong commitment to inclusivity, flexible working options, and a comprehensive benefits package including discounts, performance-related bonuses, and generous leave policies, you will find ample opportunities for professional development and collaboration across teams in the vibrant London Store Support Centre. Join us to make a meaningful impact while enjoying a supportive culture that values your ideas and fosters innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Finance Analyst - Supplier Planning (12M FTC) in London
✨Join Financial Networking Events
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✨Connect with Alumni from Your Uni
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Keep your eyes peeled on job boards specifically for finance roles. Companies like Sainsbury's might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Commercial Finance Analyst - Supplier Planning (12M FTC) in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Sainsbury's will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Sainsbury's. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Sainsbury's confidence in your short-term commitment to the role.
How to prepare for a job interview at Sainsbury's
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Sainsbury's.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Sainsbury's that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
