Treasury Accountant
About the role
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.
You will be responsible for- 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
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 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
About us
Tesco has become a market leader by doing the little things that really matter for our customers and colleagues.
It’s part of what makes Tesco such a great place to work, and we’re proud to have been accredited as one of Britain’s Top Employers again this year.
We're the UK's number one retailer and we pride ourselves on offering a great shopping experience. We are passionate about our food, merchandise and services and will always try to get things right for our customers.
But did you know we also offer great job opportunities? With stores, distribution centres and offices across the UK, and a vast variety of roles, we are always looking for people who have a hunger to work with customers and colleagues across our exciting business.
We believe in treating each other with respect and giving everyone an equal opportunity to get on. It's our people that make the difference every day - helping us make a difference for our customers
Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details before your agreed start date.
For more information about us please visit www.tescoplc.com