Finance Manager - UK Capital

We have an exciting opportunity for a Finance Manager to join the UK Capital team.

Partnering the Capital Finance Director and wider Finance and Business Leadership teams, you will have a pivotal role in ensuring the successful deployment of our £1.1bn capital investment in the UK. Through finance insight, you will influence strategy, ensuing capital efficiency of our portfolio of investments.

• Leading the UK Strategic Plan, Budget and Forecast process for capital, depreciation and cash
• Delivering high quality capital planning & review packs, ensuring the Exec and UK Leadership teams are fully engaged in UK capital strategy, planning & performance
• Managing our portfolio of returning assets, balancing short term payback with longer term strategic growth opportunities
• Managing our non-returning cost asset base, ensuring the right level of investment across our stores, distribution centres and fleet
• Ensuing that capital allocation is data driven and that planned capital investments will achieve the Global hurdle rates and KPI's
• Driving insight to influence strategy, finding opportunities and developing actionable recommendations to ensure that these are capitalised on
• Maintaining a positive relationship with UKCF, Group and Investor Relations, supporting with external reporting requirements
• Actively looking to drive continuous improvement within both UK and TBS (India), developing reporting / planning tools and improving processes
• Working with the Governance Finance Manager and wider project team to support with the proof of concept of a potential new Group Capital Management tool
• Managing a Finance Graduate and leading a team of 3 in India, being an encouraging leader who is comfortable in the development of the team to drive an impactful culture

• Accountancy qualification (CIMA, ACA, ACCA or equivalent)
• Experience partnering senior colleagues to influence decision making 
• Broad understanding of business and industry, with FMCG experience
• Ability to communicate complex information in a clear and concise manner to a wide range of colleagues with varying levels of understanding
• Highly collaborative, with an ability to develop open working relationships and gain confidence of colleagues at all levels

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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

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.