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Central Costs Associate

Exciting opportunity has become available for a Central Costs Associate to join our Finance FP&A Cash and Central Costs Team, which will report into the Cash Forecasting & Reporting Manager within Sainsbury’s Argos.

On September 2017 it marked a year since Sainsbury's and Argos came together. What a fantastic year it’s been with over 90% of the population shopping in one of our stores during this time! We have delivered a strong performance, driven by our differentiated strategy, offering customers quality, value and choice across food, general merchandise, clothing & financial services.

At Sainsbury’s Argos, the great digital transformation is under way. It’s our aim to become the digital market leader in choice, value and convenience, so our Finance teams are more important to us now than ever before. They’re the people who provide support across the business and help make the crucial decisions that will allow us to develop into a leading digital retailer.

The team:

The Cash & Central Costs team provides accurate and timely understanding of our cash performance and drives forward a culture of more accurate cash forecasting lead by the commercial and operational leaders in the business. The team liaises with Group Finance to ensure our cash requirements are understood and makes sure that demands are satisfied.

The team also provides great financial control and compliance across our balance sheet and central costs, providing analysis to ensure we are delivering to the expectations set by the Sainsbury’s Argos board across all head office costs.

In this role you will:

Produce Central costs reporting, planning, budgeting & forecasting outputs (including commentary) with guidance from the Central Costs Manager to drive understanding of financial performance and key positions on the central cost base.
Execute Central Costs accounting processes (including period-end transactions and journals) in the core finance systems with guidance from the Central Costs Analyst to drive completion of accurate and representative financial statements in line with agreed deadlines and quality standards.
Implement opportunities to improve the Central Costs accounting, reporting, planning, budgeting & forecasting processes and outputs.

Your main responsibilities will include:

Execute standard period-end transactions and journals in the core finance system, working together with the business to drive completion of accurate and representative financial statements, submitting outputs to the Central Costs Manager for review.
Produce and Develop standardised reporting suites for the business covering cost centre and headcount reporting.
Supporting the delivery of period-end results to the agreed deadlines and standards ensuring the results are communicated in a timely and accurate way.
Ensure that the appropriate control mechanisms are in place and followed for the provision of any accounting adjustments.
Support the delivery of Finance improvement initiatives including the elimination, simplification and/or automation of transactional activities.
Support the production of Management Accounting schedules and reporting (Orange/Red Book)

Your skills & experience will include:

A-Level / Graduate calibre individual who is keen on studying towards a professional accounting qualification.
Good inter-personal skills, an empathetic nature and a good sense of humour.
Be enthusiastic, positive and have ability to proactively engage with key Finance and non-Finance stakeholders.
Be a team player with good presentation and communication skills (both verbal & written)
Possess can do attitude with an adaptable approach suitable to operating at pace and switching between priorities.
Strong analytical ability with strong Microsoft Excel & Access skills.
Experience gained working in a Finance function within a large company, would be advantageous.

What you’ll get in return:

If being part of a hugely influential Finance team wasn’t enough, you’ll also receive a host of great benefits. As well as a competitive salary and bonus scheme you will receive a huge range of learning and development opportunities, 22 days holiday, a save-as-you-earn scheme, pension and staff discounts at Argos, Sainsbury’s and Habitat.


Apply now