Finance Manager - Technology

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.

What is in it for you

We are committed to our Tesco colleague benefits package, designed to support you in and out of work.

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, plus 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

You will be responsible for

• 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. This includes evaluating, challenging, and reporting 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, which includes numerous individual projects spanning multiple delivery programs and priorities. Lead the 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 that incremental technology spend intended to generate savings elsewhere in the business is appropriately identified and justified.
• Work closely with the Control and FP&A teams 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 across the Group and the UK, and work with the Investment Committee to ensure streamlined processes.
• Identify and implement efficiency savings across the cost base, while 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

The roles listed may include internal reference codes; these are not required for applicants.

About us

You might know us as a supermarket, technology company or even for our award-winning mobile network. Truth is, we\\\’re all of those things, and much more. Our colleagues work with one goal in mind, helping to make every day a little better for our customers, colleagues and communities all over the world. No two customers are the same, neither are our colleagues.

At Tesco, we champion a balance that lets you thrive both in and out of work. Spend 60% of your week collaborating with colleagues at our office locations or local sites and the rest remotely. Whether you\\\’re just kicking off your career, juggling passions, or navigating big life events, we\\\’re here to support you. We always welcome a conversation about flexible working, so talk to us throughout your application about how we can support.

We\\\’re proud to be an accredited Disability Confident Leader, where everyone\\\’s welcome. That\\\’s why we commit to providing a fully inclusive and accessible recruitment process. If you need support with your application, click here for more information. And if you\\\’re interested in joining our team but don\\\’t tick every box, don\\\’t let that hold you back from applying.