Financial Control Analyst

Tesco Insurance & Money Services; City of Edinburgh; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading insurance provider in Edinburgh is seeking a Financial Control Analyst to enhance processes in their Insurance and Money Services team. This hybrid role involves supporting financial operations, maintaining controls, and fostering relationships with stakeholders. The ideal candidate has strong analytical skills and experience in financial processes. Excellent benefits and a supportive culture are offered.

Benefits

Generous holiday allowance

10% discount for employees

Performance-related annual bonus

Colleague pension scheme

Qualifications

• Understanding of financial processes.
• Highly organized and detail oriented.

Responsibilities

• Supporting the procure to pay (P2P) processes.
• Reviewing key metrics and information.
• Maintaining the control environment.

Skills

Analytical skills

Problem-solving skills

Organizational skills

Relationship-building skills

Tools

Oracle iProcurement

Job description

Overview

Tesco Insurance • Edinburgh - 2 South Gyle Crescent, Edinburgh, EH12 9FQ • Apply by 31-Oct-2025

About the role

Serving our customers, communities, and planet a little better every day.

Financial Control Analyst - P2P Analyst

Salary - Salary is from £33,040 + annual bonus & benefits

Work Level -1

Location - Edinburgh, Permanent

Office Attendance - Our roles are hybrid; however, you should be able to travel to our Edinburgh office, 2 days per week for this position.

Closing Date - Tuesday 7th October 2025.

We deal in the personal - from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you've worked hard for. And that means we always work with heart. Whether we're helping our customers or looking after our people, you'll find there's a warmth and friendliness to everything we do.

We're looking for a Financial Control Analyst - P2P Analyst to join our Insurance and Money Services team. This role will provide the opportunity to be a part of a new Financial Control team with the remit of providing assurance and analysis across the entirety of the IMS cost ledger and related Balance Sheet. This role will be key in delivering an efficient and controlled Procure to Pay (P2P) process to ensure supplier payments are made within contracted timescales.

To do this, you'll provide subject matter expertise and constructive challenge to drive best practice across the business for P2P. You'll forge strong relationships across the business and with external stakeholders. In addition, you will also have exposure to other Costs and Treasury processes as we develop our future ways of working, making this a great development opportunity. Please note, internally this role is known as FC Product Analyst.

What you'll be doing

• Supporting the procure to pay (P2P) processes, including requisitioning and resolving stakeholder queries.
• Working with the business to ensure processes are followed and costs are recorded accurately in the general ledger.
• Reviewing key metrics and information and performing root cause analysis when required.
• Working as part of a team to support Financial Control colleagues with other IMS activities including Accounts Receivable, Intercompany and Treasury processes as required.
• Maintaining the control environment, ensuring risks are identified and appropriate controls are operating effectively.

Requirements

• Understanding of financial processes.
• Analytical and problem-solving skills.
• Highly organised and detail orientated.
• Ability to build relationships across a Finance function.

Nice to have

• Financial Services experience.
• P2P experience.
• Oracle iProcurement experience.

We don't expect you to tick every box, and if you feel you hit most of the brief, it's worth exploring to further develop your career here with us.

What's in it for you?

• Prepare for your retirement with our colleague pension scheme.
• Virtual GP Service for you and your family 365 days a year.
• Performance related annual bonus.
• Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
• Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday. As an added perk, we'll give you a second card to share with someone else.
• Take part in our Buy as you Earn and Save as you Earn share schemes.

Everyone's welcome

We want all our colleagues to always feel welcome and be themselves. We're committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.

Why Tesco Insurance and Money Services?

Seeing your impact all around you: there's no better feeling.

Lucky for us, we get to feel it all the time. Because whatever our role, we're helping our colleagues and serving our customers, communities and planet a little better every day.

We deal in the personal - from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you've worked hard for.

Everything we do is about making things better. Not just for others, but for you too. It's why you'll get bags of choice and plenty of development. It's why you'll always be heard and find balance that works for you. It's why you'll feel totally at home in a place where everyone's welcome.

So, if you want a career where you can do good and feel good, you've found it.

Let's make everyday a little better.

Our story

Making Insurance and Money Services more rewarding and offering great value and choice - because we know little wins can make a big difference.

We began life in 1997 and now help more than 2 million customers protect what matters to them.

We want to deliver a helpful service in everything we do and to make life easier for our customers. Our policies are really easy to manage online for our customers, but we know that being able to speak to our customer service staff when you need to is really important. This is why our customer service centers are open seven days a week.

Delivering great customer service means having great people behind the scenes - people who understand our customers and are driven by doing the right thing for them. We offer colleagues a place where they can feel totally at home in a place where everyone's welcome, where they can be part of a great team focused on making a real difference for our customers.

How to apply

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.

Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you're interested in finding out more about what a career at Tesco Insurance and Money Services looks like, click apply to find out more!