Lead the financial control team for Tesco entities worldwide ensuring that everything we do is consistent with external & internal
guidelines whilst pushing for continuous improvement that delivers control, efficiency & service.
This role is to lead IFRS accounting and reporting COE (Centre of Excellence) for Tesco Finance function within TBS
In this job, I'm accountable for:
Following our Business Code of Conduct and always acting with integrity and due diligence and have these specific risk responsibilities:
Overall responsibility for the day-to-day IFRS a/c and reporting COE operations of TESCO group entities (for agreed scope), in
compliance with applicable IFRS and TGAP standards. (Example - IFRS16 - lease accounting, IAS36 - Impairment of Assets, IFRS2 -
Share based payments etc.)
Lead the month-end close process and manage the consolidation into the parent company, ensuring consolidated results are
submitted to UK Group finance in line with strict timelines and in compliance with the IFRS and TGAP standards
Review and approve journal entries of with assigned limit and account reconciliations
Ensure the Key Financial controls/ SOX Controls are well documented, up to date, appropriate and are always implemented,
Ensure compliance with statutory financial regulations
Liaise and work closely with UK Group finance to ensure full transparency, timely updates of issues and consistency of reporting
Liaise with the Group statutory auditors for the half-year review, year-end audit and statutory accounts preparation for the all entities
as appropriate, providing the information requested on a timely basis
Lead and develop staff to maintain high levels of morale, motivation and productivity, and ensure the team has appropriate levels of
skills, resources and capacity to function effectively in a listed company environment
Developing and leading a high performing team, creating an environment for success by setting direction and coaching them to
succeed through inspiring conversations every day. (Refer to the expectations of a manager at Tesco- the minimum standards)
Promoting a culture of CI within their teams to drive operational improvements
Accountable for achieving team's objectives, stakeholder management and escalation management
You will need
am accountable for
in my job:
Tesco Business Services
Direct management of Financial Control team
Group Financial Control
Indirect management of relevant teams in TBS
Finance GPO
Internal Audit
External Audit and External Company Secretary
Operational skills relevant for this job:
Experience relevant for this job:
Professional financial qualification
Previous experience as a multi-national financial controller
Strong technical understanding and working experience of IFRS
Logical thinker, but independent and pro-active in nature
and other GAAP
Experience of managing a remote, cross-cultural team
Process management and improvement
Strong technical understanding and working experience of IFRS
Familiar with financial systems
and other GAAP
CF Standard Role Code: TBS-FIN-0097
Whats in it for you?
At Tesco, we are committed to providing the best for you.
As a result, our colleagues enjoy a unique, differentiated, market- competitive reward package, based on the current industry practices, for all the work they put into serving our customers, communities and planet a little better every day.
Our Tesco Rewards framework consists of pillars - Fixed Pay, Incentives, and Benefits.
Total Rewards offered at Tesco is determined by four principles - simple, fair, competitive, and sustainable.
Salary -
Your fixed pay is the guaranteed pay as per your contract of employment.
Performance Bonus -
Opportunity to earn additional compensation bonus based on performance, paid annually
Leave & Time-off -
Colleagues are entitled to 30 days of leave (18 days of Earned Leave, 12 days of Casual/Sick Leave) and 10 national and festival holidays, as per the company's policy.
Making Retirement Tension-FreeSalary -
In addition to Statutory retirement beneets, Tesco enables colleagues to participate in voluntary programmes like NPS and VPF.
Health is Wealth -
Tesco promotes programmes that support a culture of health and wellness including insurance for colleagues and their family. Our medical insurance provides coverage for dependents including parents or in-laws.
Mental Wellbeing -
We offer mental health support through self-help tools, community groups, ally networks, face-to-face counselling, and more for both colleagues and dependents.
Financial Wellbeing -
Through our financial literacy partner, we offer one-to-one financial coaching at discounted rates, as well as salary advances on earned wages upon request.
Save As You Earn (SAYE) -
Our SAYE programme allows colleagues to transition from being employees to Tesco shareholders through a structured 3-year savings plan.
Physical Wellbeing -
Our green campus promotes physical wellbeing with facilities that include a cricket pitch, football field, badminton and volleyball courts, along with indoor games, encouraging a healthier lifestyle.
About Us
At Tesco, inclusion is at the heart of everything we do. We believe in treating everyone fairly and with respect, valuing individuality and uniqueness to create a true sense of belonging. Diversity and inclusion are deeply embedded in our values--we treat people how they want to be treated. Our goal is for all colleagues to feel they can be themselves at work, and we are committed to helping them thrive. Across the Tesco group, we are building an inclusive workplace that actively celebrates the cultures, personalities, and preferences of our colleagues, who in turn contribute to the success of our business and reflect the diversity of the communities we serve.
At Tesco Bengaluru, we are proud to be a Disability Confident Committed Employer, highlighting our commitment to creating a supportive environment for individuals with disabilities. We are dedicated to offering equal opportunities for all candidates and encourage applicants with disabilities to apply. Our recruitment process is fully accessible, and we are happy to provide reasonable adjustments during interviews. If you need any accommodations to participate in the recruitment process, please let us know. We are here to ensure that everyone has the chance to succeed.
We also believe in fostering a work environment where you can excel both professionally and personally. Our hybrid model allows you to work flexibly--spend 60% of your week collaborating in person with colleagues at our office locations or local sites, and the rest of the time working remotely. We understand that everyone's life journey is unique, whether you are starting your career, pursuing passions, or navigating life changes, and we are here to support you. Flexibility is a core part of our culture, and we encourage open conversations about how we can best accommodate your needs, so talk to us throughout your application process on the support required.
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