Financial Control Cost Analyst

TN United Kingdom; City of Edinburgh; On-site; GBP 30,000 - 60,000; Full time

Job summary

An innovative firm is seeking a Financial Control Analyst to join their dynamic Insurance and Money Services team in Edinburgh. This role offers a unique opportunity to contribute to a newly formed business, focusing on enhancing financial processes and ensuring timely supplier payments. As a key player in the Procure to Pay (P2P) process, you will collaborate with various stakeholders to drive best practices and maintain a robust control environment. Join a company that values inclusivity and offers a range of benefits, including private medical insurance and a generous holiday allowance, while making a positive impact on customers and communities.

Benefits

Private Medical Insurance

Performance-related annual bonus

Generous holiday allowance

Colleague Clubcard discount

Buy as you Earn and Save as you Earn share schemes

Qualifications

• Understanding of financial processes is essential.
• Analytical and problem-solving skills are crucial.
• Highly organized and detail-oriented approach required.

Responsibilities

• Support procure to pay (P2P) processes and ensure accurate cost recording.
• Assist with month-end close processes, including journal posting.
• Maintain control environment and identify risks effectively.

Skills

Analytical skills

Problem-solving skills

Financial process understanding

Organizational skills

Relationship building

Job description

Social network you want to login/join with:

col-narrow-left

Client:

Location:

Edinburgh, United Kingdom

Job Category:

Finance

-

EU work permit required:

Yes

col-narrow-right

Job Reference:

1e74234883c5

Job Views:

10

Posted:

28.04.2025

Expiry Date:

12.06.2025

col-wide

Job Description:

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

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

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 - Applications close on August 4 at 5pm

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.

Insurance and Money Services is a newly formed business within Tesco Group, with a remit to provide Tesco customers with great products across everyday Finance needs such as Insurance and Travel money. Given this is a newly formed business, this role will provide the opportunity to be a part of a new Financial Control team with the remit of 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 will 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

Key roles and responsibilities:

• Supporting the procure to pay (P2P) processes, including requisitioning,
• Working with the business to ensure processes are followed and costs are recorded accurately in the general ledger.
• Supporting the month end close process, including journal posting and reconciliations.
• 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.

We need you to have

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

And if you have any of these, even better

• P2P 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

• Private Medical Insurance (WL2+) and virtual GP Service for you and your family days a year.
• Performance related annual bonus.
• Indulge in a generous holiday allowance with a minimum of weeks, with the opportunity to buy more.
• Embrace the benefits of our Colleague Clubcard, enjoy a % discount that increase to % every payday (worth up to 2K). 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.

Additional Information

Role Alignment

Following the announcement regarding Tesco's with Barclays, this role will support our Insurance and Money Services team and will remain with Tesco.

Interviews

Interviews are expected to be held from w/c th August 4.