Treasury Accountant

At Tesco, we believe in the power of spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. We also recognise that life looks a little different for each of us. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That’s why at Tesco, we always welcome a conversation about flexible working. So, talk to us throughout your application about how we can support.

This role sits in the specialist Treasury Accounting team, within the Treasury Function reporting to the Head of Treasury Finance. You will be part of a team that undertakes FP&A, control and business partnering activities in relation to Financial Instruments. As part of a small team, collaboration skills are important e.g., flexibility - willingness to take on/rotate work to/from other members of the team. 

The team have a broad exposure to Tesco through active business partnering across the wider Tesco Group. Key involvement with managing external stakeholder relationships including auditors, treasury system providers and advisors.

• Budgeting and forecasting for debt, financing costs and derivatives.
• Internal and external reporting including IFRS 7 disclosures.
• Ensuring high level of Financial Control including key balance sheet reconciliations
• Partner with and support our shared service centre in India in relation to Treasury transactions.
• Implementing enhancements to the TMS to account for new developments e.g., commodity hedging.
• Supporting the team and working to tight deadlines, especially at key reporting periods
• Maintain a mindset of continuous improvement to drive simplicity in key processes.
• Cross functional project work centred around Treasury Strategic plans

• Professional accounting qualification 
• Good working knowledge of IFRS 9 and IFRS 7, especially hedge accounting
• Good working knowledge of Financial Instruments, especially accounting and valuation of complex derivatives
• Knowledge of Oracle HFM, Bloomberg and Oracle Fusion GL (or similar)
• Practical knowledge of Treasury Management Systems

• #LI-Hybrid
• #LI-MW1

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 4 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

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.

Diversity, equity and inclusion (DE&I) at Tesco means that whoever you are and whatever your background, we always want you to feel represented and that you can be yourself at work. In short, we’re a place where Everyone’s Welcome. 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.