Portfolio Manager - F&F and Home

What’s in it for you

We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!

• 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 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 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

About the role

This role is responsible for ensuring that a defined portfolio of work drives the business strategy and delivers outcomes efficiently, effectively and sustainably. You will partner directly with F&F and Home alongside Finance to design and deliver their change portfolio across both the Long Term Plan and Annual Plan. You will connect initiatives to strategic intent, balance resources across change and BAU, and ensure the portfolio is set up for value, impact and strong delivery through effective governance, risk management, prioritisation and stakeholder engagement.

You will be responsible for

• Making sure the portfolio delivers against business strategy by clearly connecting initiatives to strategic intent, and balancing effort and resources across change and business-as‑usual.
• Focusing on value by ensuring the portfolio plan delivers measurable benefits.
• Providing assurance on the effectiveness of benefit and capital management at project and initiative level.
• Influencing, communicating and engaging effectively with a wide range of senior stakeholders, leveraging strong political awareness and judgement.
• Proactively identifying and mitigating risks and driving the necessary actions to address them.
• Setting up and running the appropriate governance needed to approve and manage delivery of the portfolio plan.
• Preparing regular status reports, dashboards and presentations to monitor and communicate delivery progress.
• Ensuring business cases across the portfolio are developed consistently, robustly and in line with agreed standards.
• Coordinating portfolio prioritisation activities to support decision‑making.
• Ensuring dependencies are properly managed and escalating risks where appropriate.
• Leading the development and delivery of the portfolio stakeholder engagement and communication plan.
• Identifying constraints within the portfolio and working with others to resolve or remove them.
• Operating within best‑practice portfolio management frameworks, adapting your approach as required.
• Identifying opportunities to improve portfolio management practices and engaging with the Centre of Excellence to implement enhancements.
• Remaining agile and adaptable to evolving business needs.
• Demonstrating expertise in your field and actively sharing knowledge, insight and enthusiasm with others.

You will need

• Strong portfolio management experience, covering both planning and delivery.
• Project, programme and change management expertise.
• Strong financial acumen and confidence working with numbers.
• Excellent communication and influencing skills.
• The ability to collaborate effectively and work alongside senior stakeholders.
• High attention to detail and strong organisational skills.
• The capability to provide leadership and direction for a function’s change portfolio.
• Experience designing Long Term and Annual Plans that secure approval for delivery.
• A proven track record in ensuring successful delivery of Annual Plan initiatives and realising associated benefits within an approved budget.

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.