Commercial Finance Analyst - 6-month FTC

Job description

Sainsburys Bank - Commercial Finance Analyst

Why join us

Joining our team as a Finance Analyst means being an integral part of the decision-making process and providing crucial financial support to the product and cost teams. You will have the opportunity to work closely with Finance Business Partners, analysing financial information, and preparing reliable financial plans to support business planning and product decision making. With opportunities to attend meetings, challenge assumptions, and provide valuable insights through scenario planning and financial analysis, you will contribute to shaping the strategic direction of the organisation. We value your analytical skills, attention to detail, and ability to work under pressure while maintaining excellent communication and relationship management with stakeholders. As part of our team, you'll have the opportunity to grow professionally and make a meaningful impact on the organisation's success.

What you'll do

As a Decision Support Analyst in the Commercial Finance team, your primary responsibility will be to work alongside the Finance Business Partner, providing analysis and financial information to support the product and cost teams. This includes conducting ledger forensic analysis to ensure accuracy of financial information, reviewing monthly P&L statements, preparing NPV data, analysing costs, and updating Management Committee papers. You will actively participate in product and cost meetings and act as a deputy for the Finance Manager when needed. In addition, you will play a key role in the budgeting and forecasting process by coordinating and driving it for designated products. This involves analysing trends and other management information to identify key issues and opportunities, completing financial modeling, and ensuring the accuracy of outputs. You will also be responsible for challenging assumptions, conducting scenario planning, supporting regulatory forecasting, providing financial analysis and commercial support, and assisting with ad hoc requests from your manager and other areas of the Finance team. Strong PC skills, including MS Excel, and the ability to think logically, communicate effectively, manage deadlines, and work collaboratively in a customer-focused team are essential for success in this role. Ideal candidates will have a strong background in management accounting, financial modeling, and commercial experience.

Who you are

As a Finance Analyst, you are a highly skilled and analytical professional with a deep understanding of financial planning and analysis. Your role is crucial in supporting the Finance Business Partner by providing accurate and timely financial information to drive decision-making within the product and cost teams. With your expertise in financial modelling, scenario planning, and budgeting, you contribute to the preparation of reliable financial plans, analysis of trends, and evaluation of business assumptions. Your keen attention to detail, problem-solving abilities, and strong communication skills enable you to effectively collaborate with stakeholders, both financial and non-financial, and provide valuable insights to support strategic and pricing decisions. Your proactive approach, ability to work under pressure, and commitment to continuous improvement make you an invaluable asset to the finance team.

We are committed to being a truly inclusive retailer, so you’ll be welcomed whoever you are and wherever you work. Around here, there’s always the chance to try something new - whether that’s as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we’ll also offer you an amazing range of benefits. Here are some of them:
 
 Starting off with colleague discount, you'll be able to get 10% off at Sainsbury's, Argos, TU and Habitat after 4 weeks. This increases to 15% off at Sainsbury’s every Friday and Saturday and 15% off at Argos every pay day. We've also got you covered for your future with our pensions scheme and life cover. You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 20% of salary, depending on how we perform.  
 
 Your wellbeing is important to us too. You'll receive an annual holiday allowance and you can buy additional holiday. We also offer other benefits that will help your money go further such as season ticket loans, cycle to work scheme, health cash plans, pay advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers. And if you ever need it there is also an employee assistance programme.
 
 Moments that matter are as important to us as they are to you which is why we give up to 26 weeks’ pay for maternity or adoption leave and up to 4 weeks’ pay for paternity leave. 
 
 Please see www.sainsburys.jobs for a range of our benefits (note, length of service and eligibility criteria may apply).