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Finance Manager - Statutory Reporting
Job Reference tesco/TP/14118400/857877
This job has been closed.
What’s in it for you
We offer excellent benefits that help make Tesco a great place to work! These include but are not limited to:
- Annual bonus scheme
- Holiday starting at 25 days plus a personal day (plus Bank holidays)
- Retirement savings plan - save between 4% and 7.5% and Tesco will match your contribution
- Life Assurance - 5 x contractual pay
- 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
- Great colleague deals and discounts, saving you money on everyday purchases, eating out and utility bills for the home
- Access to our colleague networks providing a space for colleagues to come together from a range of backgrounds. For more information about our colleague networks please click here
- Opportunities to get on - take advantage of our ongoing learning opportunities and award winning training, to help you achieve the job and career you want
Click Here to read more about the benefits we have available for our colleagues
About the role
We have an exciting opportunity to join the Group Financial Control team and be the finance expert for Tesco subsidiary statutory reporting and corporate simplification.
Reporting into the Head of Finance, you will coordinate the Tesco Group process for subsidiary statutory reporting including being the primary contact for the external auditors. You will also be responsible for producing the Tesco PLC standalone entity financial statements as well as corporate simplification projects. The role sits within a team covering a wide range of technical accounting areas.
The successful candidate will be a self-starter with a technical mind-set and problem-solving attitude, a confident communicator able to explain complex concepts clearly and to work methodically. This is an excellent opportunity to build strong working relationships across multiple teams and refine technical and project management skills.
In the Group Control team, you’ll be part of a group of experienced professionals, who are available for support and discussion. You’ll also be given independence and autonomy to go about your role in a flexible way.
You will be responsible for
- Lead for the group’s subsidiary statutory reporting, responsible for overseeing the end to end process including coordinating with the external auditors and keeping key internal stakeholders updated, escalating any issues on a timely basis.
- Responsible for the Tesco PLC standalone financial statements which form part of the Group Annual Report.
- Ownership of key modelling and analysis for Tesco PLC and key Tesco subsidiaries including review of distributable reserves, investment impairment analysis and dividend flows.
- Understanding of IFRS, FRS101 and FRS 102 accounting frameworks; working closely with the Group’s technical accounting and external reporting teams to apply any new accounting standards that may become applicable.
- Lead projects relating to the application of new accounting standards relevant to subsidiary statutory reporting.
- Prepare papers with regards the above areas for both internal and external stakeholders.
You will need
- ACA, CA, ACCA, CIMA or equivalent
- Strong communication skills with proven track record of demonstrating credibility with and influencing stakeholders at all levels.
- Ability to review, summarise and critique complex data and undertake own research to facilitate understanding.
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About us
Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is ‘Serving our customers, communities and planet a little better every day’. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.
We are proud to have an inclusive culture at Tesco where everyone truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings. We're committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities. We’re proud to have been accredited Disability Confident Leader and we’re committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please click here.
We’re a big business and we can offer a range of diverse full-time & part-time working patterns across our many business areas, which means that we can find something that works for you. We work in a more blended pattern - combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. Please talk to us about how this can work for you - Everyone is welcome at Tesco.