About the role
Reporting to the Head of Finance in the UK, the role will take ownership of the long-term financial strategy for Marketplace, ensuring key proposition decisions are underpinned by a clear strategic and financial rationale. The role will lead strategic business cases across the full customer proposition. This will involve building robust financial models, evaluating commercial trade-offs and supporting Investment Committee papers for significant decisions. This creates an opportunity to play a central role in shaping the next phase of Marketplace while building broad strategic and commercial finance experience within a fast-growing digital business.
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
Strategic Business Partnering - Leading the financial assessment of significant strategic and proposition decisions across Marketplace, developing robust business cases, scenario modelling and Investment Committee papers to support investment and prioritisation decisions.
Planning - Leading financial thinking through Budget and Long-Term Plan cycles, constructively challenging senior stakeholders to ensure plans are robust, strategically aligned and reflect the key choices, risks and opportunities facing Marketplace.
Commercial & Range Strategy - Partnering with the Head of Commercial to develop the Marketplace range and category strategy, bringing external market insight and financial challenge to critical decisions. Leading the ongoing development of Marketplace economics, including commission structures, back margin opportunities and seller propositions.
Customer Proposition - Partnering with the Customer team to shape the Marketplace customer proposition strategy, providing financial leadership across loyalty mechanics, Clubcard, marketing investment and customer incentive decisions.
Operations & Fulfilment Strategy - Partnering with the Head of Operations to define Marketplace fulfilment and Retail Media strategies, leading the financial evaluation of key proposition choices including delivery and returns, subscription models and Fulfilled by Tesco.
Financial Performance, Planning & Team Leadership - Taking overall ownership of Marketplace financial performance, ensuring management accounts and reporting provide clear insight into key drivers, risks and opportunities. Leading, coaching and developing the Marketplace FP&A Manager and wider Finance support team in India, setting clear direction and driving high-quality, efficient outputs with an increasing focus on insight, analysis and value creation.
You will need
- A professional accountancy qualification (ACA, ACCA, CIMA or equivalent).
- Proven experience leading and delivering strategic priorities within large, fast-paced organisations.
- Exceptional communication skills, with the ability to translate complex financial data and analysis into clear, concise and persuasive recommendations for both financial and non-financial audiences.
- Strong experience collaborating with and influencing senior stakeholders across multiple functions.
- Advanced financial analysis, modelling and scenario planning capabilities.
- Demonstrable experience leading planning, forecasting and budgeting processes.
- A strong commercial mindset, with the ability to evaluate trade-offs and support strategic decision-making through insightful financial analysis.
- Experience developing business cases and supporting significant investment decisions.
- A track record of challenging constructively and driving better business outcomes through finance business partnering.
- Retail industry experience is preferred, particularly within eCommerce, digital, marketplace or online trading environments.
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.
When you join us in this role, you'll be employed by Tesco Stores Limited, the Tesco legal entity responsible for your employment.
Job description provided by Tesco.
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