Finance Analyst

Posted 10 September by Sainsbury's
Featured

Job Title

Finance Analyst

Location

Holborn

Reports to

Senior RCC Finance Analyst

Division

Retail Finance

Summary of the Role’s Main Purpose

  • To provide timely, accurate financial reports, analysis and budgets supporting Retail decision making

Principal Accountabilities

  • Oversee the period end process ensuring the integrity of corporate RCC cost numbers in the P&L and on the balance sheet
  • Maintain store financial models used to generate budgets and provide stores and other stakeholders with variance analysis relating to the retail cost element of the P&L and B/S
  • Responsible for timely and accurate periodic performance and variance analysis to the Financial Planning and Senior Retail Teams
  • Responsible for the periodic latest view process ensuring a detailed understanding of the key risks and opportunities to the P&L
  • Taking responsibility for elements of the quarterly budget process, by engaging with key stakeholders and refining current methodologies
  • Supporting in the creation of the periodic Retail Leadership pack, providing insightful analysis and discussion topics
  • Responsible for supporting and challenging the Transformation team and Procurement team on projects that will impact the RCC cost line
  • Continually challenge current methods of reporting to ensure that the best information is given to stakeholders and all reports are fit for purpose
  • Challenge and influence users of the information provided to ensure that they fully understand the information and are drawing the right conclusions and actions from it
  • Support with reporting store performance and maintaining integrity of store P&Ls through store query process
  • Ad hoc analysis on RCC performance as requested by the Senior RCC Finance Analyst, Zone Finance Managers and other business stakeholders
  • Support the wider Retail Finance Team in reporting daily sales and waste performance to the wider business
  • Drive cross functional engagement whilst building good working relationships with key stakeholders including Central Retail, Procurement, ROMs and Store Managers and Zone Finance Managers
  • Responsible for driving own development through spending time with team members and regularly asking for feedback

Measures of Success

  • Facilitate informed business decision making through insightful analysis and papers
  • Provision of relevant analysis which is translated into meaningful commentary and drives actions
  • Delivery of value-add review of corporate and supermarket RCC performance to support action planning, underpinning delivery of budgets and forecasts
  • Delivery of key business reports to deadlines and ensure that they are right first time
  • A coordinated and effective working relationship with key stakeholders.
  • Good feedback from customers
  • Support the period end process, ensuring accurate and timely completion of period end accounts and producing relevant and insightful variance analysis
  • Supporting delivery of robust budgets and forecasts to corporate timetable, with full ownership of embedded savings
  • Building strong working relationships with key stakeholders and developing a network across the wider Finance team

Core Areas of Knowledge, Skills & Experience

Essential

  • Qualified / Part Qualified Accountant (CIMA, ACCA, ACA)
  • Demonstrated ability to deliver robust reports to agreed deadlines
  • Advanced Excel skills
  • Demonstrated analytical and process improvement experience
  • High level of energy and drive
  • Strong self organisational skills
  • Ability to work independently and use initiative as well as working within a close knit team
  • Flexibility and a 'can do attitude’
  • Attention to detail
  • High degree of customer focus and commercial awareness
  • Ability to adapt to a constantly changing environment

Desirable

  • Experience of using EDW and Oracle
  • Retail or Store Admin experience

Application question

Are you currently studying towards a Finance Qualification?

Reference: 36067531

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