Job Description

Tesco India o Bengaluru, Karnataka, India o Hybrid o Full-Time o Permanent o Apply by 31-Jul-2025



About the role



Lead the statutory reporting function for multiple group entities, ensuring full compliance with IFRS. I am Accountable for accurate and timely financial statements, robust internal controls, and seamless period-end close processes. 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: - 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 PLC the minimum standards) - Initiates and designs continuous improvements initiatives to drive performance within their teams - Oversee period end close ensure all financial transactions are accounted for correctly. - Ensure all internal financial controls are operated effectively , and take remedial action as required. With the key element of this, completion of balance sheet reconciliations in line with Balance Sheet best practice and utilising ARCS and ensuring compliance with all relevant KFCs - Drive culture of continuous improvement - Management of team members - performance reviews , succession planning , recruitment and leadership. - Responsible for preparation and presentation of statutory financial statements for Group Companies and working with auditors and external consultants for its seamless delivery. - Ensuring inter-company transactions are accounted correctly and intercompany balances are matched and reconciled.. - Provide Analysis and commentary to support the group Operations HFM periodic submission. - Support internal and external audits by reviewing information requests and the responses to these requests - Following our Business Code of Conduct and always acting with integrity and due diligence



What is 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.



You will be responsible for



Refer to "About the role"



You will need

Key people and teams I work with in and outside of Tesco:

People, budgets and other resources I am accountable for in my job: Finance Controller - UK Pensions Finance Manager - UK International business units and their support partner External & Stat Auditors ; UK Tax Dept. Operational skills relevant for this job: Experience relevant for this job: - Highly skilled in Financial Control & IFRS - Essential - Independently managed multiple Finance teams. - Understanding of Financial statements -Essential - worked in or closely with Statutory reporting teams - SLAs Understanding - Chartered Accountant - Change management and project management - Worked for or significant exposure to Big 4 accounting firms. - Conceptual application in business context - Stakeholder management - Operations management - Expertise in IFRS - Strong knowledge of statutory reporting and compliance - Proficiency in financial statement preparation and consolidation - Experience with internal controls and SOX compliance -Familiarity with audit processes (internal and external) CF Standard Role Code:



About us



Tesco in Bengaluru is a multi-disciplinary team serving our customers, communities, and planet a little better every day across markets. Our goal is to create a sustainable competitive advantage for Tesco by standardising processes, delivering cost savings, enabling agility through technological solutions, and empowering our colleagues to do even more for our customers. With cross-functional expertise, a wide network of teams, and strong governance, we reduce complexity, thereby offering high-quality services for our customers. Tesco in Bengaluru, established in 2004 to enable standardisation and build centralised capabilities and competencies, makes the experience better for our millions of customers worldwide and simpler for over 3,30,000 colleagues. Tesco Business Solutions: Established in 2017, Tesco Business Solutions (TBS) has evolved from a single entity traditional shared services in Bengaluru, India (from 2004) to a global, purpose-driven solutions-focused organisation. TBS is committed to driving scale at speed and delivering value to the Tesco Group through the power of decision science. With over 4,400 highly skilled colleagues globally, TBS supports markets and business units across four locations in the UK, India, Hungary, and the Republic of Ireland. The organisation underpins everything that the Tesco Group does, bringing innovation, a solutions mindset, and agility to its operations and support functions, building winning partnerships across the business. TBS's focus is on adding value and creating impactful outcomes that shape the future of the business. TBS creates a sustainable competitive advantage for the Tesco Group by becoming the partner of choice for talent, transformation, and value creation.



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