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Home Finance Analyst

Exciting opportunity has become available to join our Trading Finance team as Commercial Finance Analyst. In this role, you will provide key insights and business partner commercial teams to drive business performance.

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.

We have joined Sainsbury’s in our journey to become a leading retail organisation and ensuring we place our customers at the heart of everything we do. Together we have a great opportunity to build a brilliant future and do a fantastic job for all our customers.

About the role:

You will be responsible for partnering the Sainsbury’s Argos Home Commercial teams to support the delivery of the Commercial objectives, providing insight and challenge to drive performance with direction and support from the Home Finance Manager. In this role, you will be accountable for the forecasting and reporting of business performance for Trading level Sales, Margin and Stock for the Home Trading category (Homeware / Furniture / Jewellery). You will be expected to deliver timely day-to-day forecasting, analysis and performance commentary using inputs from the FP&A team specifically the Sainsbury’s Accounting Manager, the MI Manager and their teams.

Team:

The Trading Finance: Home team is a team of finance professionals that drives business performance by effectively business partnering across the Commercial and Commercial Supply teams. The team partner key stakeholders to make informed and effective commercial decisions, and maximise value creation.

As a Commercial Finance Analyst, your main responsibilities will be:

Act on decisions to close gaps in actual financial performance vs. target collaborating with the category teams.
Track and understand the financial impact of action plans, and help drive these through to completion.
Deliver timely and accurate day-to-day reporting, planning, budgeting & forecasting activities with guidance from the Home Finance Manager including:

Analytical support and reporting commentary to the Commercial teams to help make sound commercial business decisions and improve business performance
Reporting, analysis and medium term forecasts of sales, margin & wastage, and periodic analysis of balanced scorecard measures (e.g. balance sheet & customer metrics)
Monitoring of performance and provision of regular insight into the drivers of performance highlighting opportunities to maximise profitable growth
Support and challenge the BU team in the development of robust, achievable but stretching financial budgetary targets, ensuring BU ownership
Monitor stock levels to ensure they are maintained at appropriate levels and at a reasonable valuation, and that returns are maximised from new, slow-moving or seasonal lines
Undertake ad hoc analysis of the success of promotional/markdown activity; trials; seasonal activity or events; sub-brands; trading intensity; product/buyer profitability; capital investment etc.
Sales and Margin Budgeting, Category Planning etc.

Provide robust Finance inputs into relevant category projects including:

Evaluation of capital investment and/or new business initiatives including the financial ramifications, risks and opportunities, and that expenditure against capital projects is committed using the agreed approval processes
Training and provision of tools to the trading teams to raise commercial awareness, financial acumen and improve decision-making.

Work closely within the FP&A and Business Partnering teams to provide an end-to-end service to our stakeholders.
Attend and actively contribute to key meetings as required.
Responsible for managing relationships with relevant stakeholders.
Share relevant tools and lessons learnt with the Business Partnering community.

As a Commercial Analyst your skills & experience will ideally include:

Qualified Accountant (CIMA / ACCA / ACA) with analytical and commercial experience, preferably in a large company environment.
Strong commercial acumen, curiosity beyond traditional finance boundaries and ability to understand key business drivers.
Ability to present complex information in a simplified manner
Strong analytical skills, Excel & Access skills and attention to detail
Can do attitude, comfortable with a fast pace and switching between competing priorities.
Ability to communicate and influence effectively across all departments and with senior stakeholders.

What you’ll get in return:

As well as the usual company benefits, which include, 22 days holiday, save as you earn scheme, discretionary annual bonus and company pension scheme, you will work in an exciting environment with the potential to develop your skills for a career that fits with your own aspirations.


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