Finance Business Partner - Technology

About the role

Tesco Technology is a global function with over 6,000 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 enhancements 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.

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.

This broad ranging finance role will suit a proactive finance professional with the ability to interact with, and influence, senior stakeholders and has experience in delivering change.

What is 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 (12 months service required at the qualifying date) 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.

The above information is a shortened summary, refer to our policies for full details

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
• Act as a financial advisor to technology leaders, providing insights into how technology can drive business value
• 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
• Communicating financial insights and technology investment outcomes to senior executives from Finance and Technology,
• 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 metrics including capitalisation rates and allocation of resource between projects and operations/support through a balanced portfolio
• Reviewing and challenging business 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.

You will need

• Accountancy qualification (ACCA, ACA, CIMA or equivalent)
• Strong data interpretation and analysis skills alongside commercial savviness
• Experience with Capex analysis and project-based financial assessments
• Ability to drive the finance agenda and work effectively with senior colleagues
• Resilience & willingness to challenge
• Ability to communicate complex financial data and analysis in a clear, concise and persuasive manner to both financial and non-financial audiences.
• Understanding of Technology function is an advantage
• Having done a FP&A or commercial Finance role before would be an advantage

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.