Finance Business Partner - Technology

What’s in it for you

We’re all about the little helps. That’s why we give our wonderful colleagues bags of benefits. Including wellbeing services, an award-winning pension scheme and much, much more, our colleague reward package keeps on giving. And helps make every day a little better for you and your family. These include but are not limited to:

• Annual bonus scheme of up to 20% of base salary
• Holiday starting at 25 days plus a personal day (plus Bank holidays)
• Buy holiday salary sacrifice scheme (for salaried roles)
• Private medical insurance
• Retirement savings plan - save between 4% and 7.5% and Tesco will match your contribution
• Life Assurance - 5 x contractual pay
• 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 4 weeks fully paid paternity leave
• The right to request flexible working from your first day with us
• 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
• A Colleague Clubcard for you & a family member (after 3 months of service), giving you access to lots of discounts in-store & online
• 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 full range of benefits we have available for our colleagues

About the role

We have an exciting opportunity for a Finance Business Partner to join the Technology finance team. You will act as a key Business Partner for the Technology leadership team helping support the Group’s Technology function to optimise investments through interactions and touchpoints across the business, working at the heart of new propositions throughout the Tesco Group. You will help to ensuring a robust understanding of the financial implications of the activities being delivered on the performance of the Group, operating in an environment where scale and resilience are crucial.

Tesco Technology is a global function with over 5,000 colleagues located across Bangalore, Europe and the UK. Technology plays a fundamental role in delivering industry leading technology and data capabilities that help make Tesco a global leader. Investments in core technology deliver traditional asset replacement programmes as well as improvements to the group’s technology and data capabilities which are leveraged to transform how the business operates and enable differentiated experiences and propositions. Technology investments also directly deliver strategic projects across the business plan both in the UK and across the wider retail group. Alongside this investment in new capabilities, technology is also responsible for ongoing operational stability of the business through its day-to-day activities.

You will be responsible for

• Working with Technology Leadership team and FP&A to drive value through an integrated strategic and annual plan. Supporting prioritisation reviews, key bottom up planning and assumptions and alignment of capital and operational spend
• Continuing to evaluate how we financially manage technology across the business to ensure this remains best in class considering the pace of change within technology, including evaluating, challenging, and reporting on overall value creation of the total technology portfolio
• Driving the financial management of the overall portfolio of investments across a portfolio comprising a significant number of individual investment projects spanning multiple delivery programmes and priorities. This includes understanding & leading the business in the management of key objectives including capitalisation rates and allocation of resource between projects and operations/support through a balanced portfolio
• Reviewing and challenging cases for Technology investments, ensuring the incremental spend in Technology to save money elsewhere in the business is appropriately identified
• Working effectively with Control and FP&A to deliver insightful management accounts and director packs for the leadership to ensure good controls of their areas with detailed risks and opportunities.
• Delivering ad hoc financial modelling and analysis to support innovation and business decision making, working with Control & FP&A. Facilitating Technology approvals group to manage capital and operational investment across the Group and UK, and working with investment committee to ensure processes are joined up
• Identifying & delivering efficiency savings across the cost base and promoting cost consciousness culture.
• Drive improvements and simplification of processes and finance operating model, working with finance teams across the end to end capital life cycle.
• Helping to develop financial awareness across the Technology team.

You will need

• Accountancy qualification (ACCA, ACA, CIMA or equivalent)
• Strong data interpretation and analysis skills alongside commercial savviness
• Ability to drive the finance agenda and work effectively with senior colleagues
• Resilience & willingness to challenge
• Understanding of Technology function is an advantage

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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.  If you are applying internally, please speak to the Hiring Manager about how this can work for you - Everyone is welcome at Tesco.