Finance Manager - UK Capital FP&A - 12 month Fixed Term Contract

As a key partner to the Capital Finance Director and wider Finance and Business Leadership teams, this role offers significant exposure to the full scope of our UK business. You will be responsible for ensuring optimal value is achieved from our £1.1bn capital investment. This involves carefully balancing priorities related to asset replacement, managing the age of our existing estate, and supporting the growth outlined in our strategic plans.

In this role, you will influence capital decision-making among senior stakeholders, ensuring a well-balanced portfolio that includes both returning projects and long-term strategic investments. Your work will be crucial in ensuring all investments are ROCE accretive and fully aligned with the UK strategy.

This is a 12 month fixed term contract opportunity.

You will be responsible for:

Lead the UK Strategic Plan, Budget and Forecast process for capital, depreciation, and cash.
Deliver high-quality capital planning and review packs, ensuring the Exec and UK Leadership teams are fully engaged in the UK capital strategy, planning, and performance.
Ensure that capital allocation is data-driven and that planned capital investments will achieve the Global hurdle rates and KPIs.
Drive insight to influence strategy, identifying opportunities, and developing actionable recommendations to ensure they are capitalized on.
Work collaboratively with the UK functional FP&A teams to ensure best practices and capital policies are adopted.
Maintain strong relationships with UKCF, Group, and Investor Relations to support external reporting requirements.
Actively drive continuous improvement within both UK and TBS (India), developing reporting and planning tools and enhancing processes.
Work with the Governance Finance Manager and wider project team to support the new Group Capital Management tool.
Manage a Finance Graduate and lead a team of three in India (TBS), being an inspiring leader who is comfortable with team development and driving a high-performing culture.

You will need:

3 Years post qualification experience (CIMA, ACA, ACCA)
Experience partnering senior stakeholders
Strong communication skills
High attention to detail, strong Excel and visualisation skills (mainly PowerPoint)
FMCG experience is desirable but not essential

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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 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 a big business with diverse working patterns and many business areas which means that we can find something that works for you. Everyone is welcome at Tesco.

We have recently announced that we will be moving towards a more blended working week – combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. Please talk to us to about how this can work for you.

NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date.

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 visit https://www.tesco-careers.com/accessibility