Financial Controller

Tesco Insurance; Reigate; Hybrid; GBP 131,000 - 177,000; Full time

Benefits offered by this job

Pension (up to 7.5% Employer)

Private Medical Insurance

Annual bonus

28 days holiday +

Colleague Clubcard discount

Enhanced parental leave

Save and Buy as you earn

Learning opportunities

Job summary

Tesco Insurance in Reigate/Edinburgh is seeking a Financial Controller to oversee the integrity, governance and control of all financial information across Tesco Insurance and Money Services.

You will provide leadership across Financial Control, Treasury & Investments and Finance Systems, ensuring robust financial reporting, effective capital and liquidity management, regulatory compliance and a strong financial control environment that supports strategic decision making and protects the

Qualifications

• Qualified Accountant with ACA/ACCA/CIMA or equivalent.
• Degree or equivalent professional qualification.
• Extensive senior finance leadership experience in a regulated financial services organisation, preferably personal lines insurance.
• Ability to lead across products, systems and technical accounting.
• Extensive experience of Financial Control, Governance, External Reporting, Audit and Regulatory Reporting.

Responsibilities

• Identifying, communicating and implementing the function's strategy; explaining the relationship to broader organisation objectives.
• Leading the Financial Control function through senior leaders, setting the vision, operating model, priorities and control framework for the organisation.
• Ensuring consistency of standards, effective governance and high levels of capability across all teams.
• Finance Governance and Accounting Policy – owning the Finance governance framework across our organisation ensuring effective oversight of accounting policies, financial controls, delegated authorities and governance forums.
• Delivering high-quality financial reporting and insight to our Executive, Board, Board Audit Committee and other governance forums, supporting effective decision-making and providing assurance over financial performance and controls.
• Accountable for the delivery of all external financial reporting requirements, including statutory accounts, regulatory returns (PRA and FCA) and Tesco Group reporting across TPF, TU and TPFG. Provide oversight and challenge to ensure high-quality reporting, effective auditor relationships and robust governance across all legal entities.
• Responsible for the reporting of accurate tax accounting and returns in accordance with HMRC guidance and legislation and ensuring that the business declares and settles all of its tax liabilities as they fall due.
• Leading our Treasury and Investment team ensuring effective liquidity management, investment governance, funding strategies and management of financial risks.
• Capital Management.
• Regulatory and Compliance Management.

Skills

Senior finance leadership

Regulated Financial Services

Cross-disciplinary leadership

Financial Control

Governance

External Reporting

Audit & Regulatory Reporting

IFRS 17 knowledge

Education

ACA/ACCA/CIMA or equivalent

Degree or equivalent professional qualification

Job description

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

Salary - from £153,849+ and annual bonus & benefits

Work Level - 3. This is a certified role

Location - Reigate / Edinburgh

Office Attendance - Our hybrid working model gives you the best of both worlds - flexibility to work from home and valuable face-to-face time with colleagues. This role requires 2 days per week onsite at our Reigate / Edinburgh office.

Closing Date - Applications close on 17th September 2026 at 17:00pm.

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 Controller to join our Insurance and Money Services’ Finance Leadership team. You’ll be accountable for the integrity, governance and control of all financial information across Tesco Insurance and Money Services.

You’ll provide leadership across Financial Control, Treasury & Investments and Finance Systems, ensuring robust financial reporting, effective capital and liquidity management, regulatory compliance and a strong financial control environment that supports strategic decision making and protects the interests of customers, regulators, shareholders and the Board.

This role is a critical part of our organisation and aligning closely to Tesco Group, and which has a track record of year-on-year growth as well as ambitious plans to grow customer numbers and product offering over the next 5 years. You’ll report into the CFO.

What you’ll be doing

• Identifying, communicating and implementing the function's strategy; explaining the relationship to the broader organisation objectives; motivating people to commit to these goals and delivering positive outcomes.
• Leading the Financial Control function (covering Tesco Underwriting and Tesco Personal Finance) through senior leaders, setting the vision, operating model, priorities and control framework for the organisation.
• Ensuring consistency of standards, effective governance and high levels of capability across all teams.
• Finance Governance and Accounting Policy – owning the Finance governance framework across our organisation ensuring effective oversight of accounting policies, financial controls, delegated authorities and governance forums.
• Delivering high-quality financial reporting and insight to our Executive, Board, Board Audit Committee and other governance forums, supporting effective decision-making and providing assurance over financial performance and controls.
• Accountable for the delivery of all external financial reporting requirements, including statutory accounts, regulatory returns (PRA and FCA) and Tesco Group reporting across TPF, TU and TPFG. Provide oversight and challenge to ensure high-quality reporting, effective auditor relationships and robust governance across all legal entities.
• Responsible for the reporting of accurate tax accounting and returns in accordance with HMRC guidance and legislation and ensuring that the business declares and settles all of its tax liabilities as they fall due.
• Leading our Treasury and Investment team ensuring effective liquidity management, investment governance, funding strategies and management of financial risks.
• Capital Management.
• Regulatory and Compliance Management.

What we’re looking for: (minimum criteria)

• Qualified Accountant (ACA, ACCA, CIMA or equivalent).
• Degree or equivalent professional qualification.
• Significant senior finance leadership experience within a regulated Financial Services organisation, preferably personal lines insurance.
• Ability to manage and lead across several disciplines including products, systems and technical accounting.
• Extensive experience of Financial Control, Governance, External Reporting, Audit and Regulatory Reporting.
• Experience leading large, multi-disciplinary finance teams through senior leaders.
• Strong knowledge of insurance accounting, including IFRS 17 and regulatory reporting including Solvency II/UK.
• Relevant financial services or insurance qualifications desirable.

What’s in it for you?

• A generous pension, with up to 7.5% employer contribution, depending on what you put in.
• Private Medical Insurance and virtual GP Service for you and your family
• Performance related annual bonus.
• 7.2 weeks holiday, with the opportunity to buy more.
• Colleague Clubcard discount (10-15% + second card to share with someone else).
• Enhanced parental leave.
• Opportunities to Save and Buy as you earn.
• A place to get on - take advantage of our ongoing learning opportunities to help you achieve the job and career you want.

Interviews

As a Disability Confident Employer (Level 2), we’re committed to creating an accessible and supportive environment for all. We offer reasonable adjustments throughout the recruitment process, including interviews, to ensure every candidate has a fair opportunity to succeed.

We also know the importance of balancing work with life’s other commitments. Please talk to us at interview about the flexibility you need, as we’re committed to exploring part time and flexible working opportunities, at every level of the organisation.

Interviews are expected to be held in September.

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.