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Finance Business Partner - Technology

We’re looking for a Finance Business Partner to join our fantastic Technology Finance team! This dynamic role is ideal for a proactive professional skilled in influencing senior colleagues and motivating change. You’ll work closely with Technology leaders, helping them optimise investments and bring impactful initiatives to life. By offering strategic financial insights, you’ll ensure a clear understanding of how our Technology projects contribute to Tesco’s performance and growth. Join us at the heart of progressive projects where scale, resilience, and innovation come together to drive success across Tesco Group

Tesco Technology is a team of over 5,000 colleagues across Europe, the UK, and Bangalore. As a key player in Tesco’s success, Technology drives our industry-leading tech and data capabilities, supporting everything from asset replacement programmes to innovative projects that shape the future of retail. This work not only strengthens our core functions but also supports strategic goals across Tesco’s global footprint. Every day, the Technology team upholds the operational stability vital to our business.

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 metrics including capitalisation rates, allocation of resource between projects and operations/support through a balanced portfolio

Reviewing and challenging 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

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 a Technology function

Having done a FP&A or commercial Finance role before would be an advantage

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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 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

About us:

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 a big business with diverse working patterns and many business areas which means that we can find something that works for you. Everyone is welcome at Tesco.

We have recently announced that we will be moving towards a more blended working week – combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. Please talk to us to about how this can work for you.

NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date.

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 visit https://www.tesco-careers.com/accessibility

Finance Business Partner - Technology

Tesco
Welwyn Garden City, UK
Permanent

Published on 20 Jan 2025

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