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Supplier Finance Associate - 6M FTC

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.

Sainsbury’s Argos is at the heart of the Group’s growth strategy. Since joining Sainsbury’s, Argos has revolutionised the way we do business, bringing expertise, technological innovation and hugely talented people to the team. We have outperformed the market in a number of our key business areas by presenting customers with convenience, choice and value. As well as opening c.280 Argos stores in Sainsbury’s supermarkets, customers can also pick up their Argos and Tu clothing orders from 320 collection points in our supermarkets and Convenience Stores, where customers can also collect eBay and DPD parcels. Our own delivery network is also breaking new ground. We are the only retailer in the UK who can deliver to 92% of UK postcodes within four hours.

Role Overview:

Supplier income is a significant area of focus not just in this business, but across the retail sector. It is a high-profile role that brings with it excellent opportunities to interact with a number of stakeholders in the business and provides the opportunity to contribute to supporting a key area of the business. The job holder must have an ability to effectively support the Supplier Funding Finance Supervisor as well as day to day support to the trading teams. On a day to day basis the job holder is expected to be close to the detail of transactions within Supplier Income, whilst able to communicate key issues succinctly as part of the bigger picture. This role will support the Supplier Funding Finance Supervisor to be able to liaise with the Supplier Funding Finance Manager and relevant Finance Controllers in this area.

Team:

We have many different types of funding arrangements with suppliers that each provide unique complexities towards reaching our aim of recognising, collecting and accounting for funding as effectively as possible. This role will support the logging and collection of supplier income and be a key contact for commercial trading function to support them on a day to day basis.

This role will ensure that we develop best practice in supplier income accounting and that the commercial teams understand and are engaged in this area.

What I need to do:

Support the commercial trading teams by collating, logging and managing evidence of funding on a day to day basis ensuring that funding is logged on a timely basis.
Champion the supplier funding tools by familiarising yourself with the different sources of funding and the different complexities that exist. Gain knowledge of how the tools work to be able to assist teams with questions on an adhoc basis.
Support the Commercial teams to ensure funding deals are collected on a timely basis and that the company’s cash flow remains as strong as possible.
Provide insight into changes being made to the supplier income process and offer opinions and solutions to existing challenges.
Bridge the gap between trading teams and trading finance through excellent stakeholder management and regular interactions with the traders.
Drive changing behaviours in the business through supporting strategic objectives within supplier funding.

To be successful in this role, you’ll have the following experience and skills:

Graduate calibre individual
Willingness to pursue a professional finance qualification – CIMA / ACCA
Ability to communicate and influence effectively across all levels
Ability to build and maintain good working relationships with Trading and other areas of Finance.
Can do attitude, comfortable with a fast pace and switching between competing priorities.
Good excel skills and the ability to work with large volumes of data
Prior experience within finance would be advantageous.

What you’ll get in return:

If being part of a hugely influential 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, holiday allowance, a save-as-you-earn scheme, pension and staff discounts at Argos, Sainsbury’s and Habitat.

We know that candidates may be put off applying for a job unless they can tick every box. We also know that ‘normal’ office hours aren’t always doable, and while we can’t accommodate every flexible working request we are happy to be asked. So if you are excited about working with us and think you can do much of what we are looking for but aren’t sure if you are 100% there yet… why not apply and see how it goes?

Here at Sainsbury’s Argos we’re a proud equal opportunities employer that values diversity at every level of our business. Inclusion and Diversity are fundamental to our culture and values, fostering an innovative, collaborative and fast paced work environment that means we can build a better future for our colleagues and our customers. Everyone is welcome at Sainsbury’s Argos. Want to find out more? Then visit our Diversity & Inclusion page on our Careers site – www.argos.careers/diversityandinclusion

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