Senior Finance Analyst - Central Costs (6 Month FTC)

Ocado Retail Limited; Hatfield; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading online supermarket in the UK is seeking a Senior Finance Analyst to manage central costs and enhance financial processes. This role involves business partnering with leadership, analyzing costs, and driving improvements. Join a dynamic team and enjoy a hybrid working environment with excellent benefits.

Benefits

Medical insurance

Digital GP

Gym discounts

26 days holiday + 8 bank holidays

EV leasing

Qualifications

• Experience in budgeting and forecasting.
• Strong understanding of central/overhead costs and allocations.

Responsibilities

• Analyze monthly central cost spend and variances.
• Collaborate with Cost Centre owners for cost control.
• Develop financial models and reports.

Skills

Communication

Stakeholder Relationship

Detail-oriented

Organizational Skills

Education

Qualified ACA/CIMA/ACCA

Tools

Excel

SAP

Oracle

Hyperion

Job description

Senior Finance Analyst - Central Costs (6 Month FTC)

Vacancy Name: Senior Finance Analyst - Central Costs (6 Month FTC)

Vacancy No: VN909

Job Type: Fixed Term

Location: Hatfield

Job Details:

• Position: Senior Finance Analyst - Central Costs
• Contract Type: Fixed Term Contract (6 months)
• Location: Hatfield (Hybrid working - 3 days in the office)
• Working Hours: 40 hours/week
• Level: Associate
• Application Closing Date: Friday 23rd May 2025

About us

Our mission is to deliver joy in every shop through unbeatable choice, unrivalled service, and good value. We're Ocado Retail, a joint venture between Ocado Group and M&S, and the world's largest dedicated online supermarket (ocado.com). We offer a full range of M&S food online, the widest online supermarket range in the UK, and the innovative Zoom by Ocado same-day delivery service.

About the team and the role

We seek a motivated individual responsible for managing central costs, including own and recharges from Ocado Group. The role involves business partnering with the Senior Leadership Team to ensure costs are within budget and identifying opportunities for savings. You will review processes and drive improvements, reporting to the Finance Manager.

What you'll do

• Analyze monthly central cost spend and variances with commentary.
• Partner with the ACE team during month-end close and support controls.
• Review costs with the Senior Team, providing insights for reporting and budgeting.
• Collaborate with Cost Centre owners and Department Heads for cost control and forecasting.
• Work with Ocado Group to validate recharges and challenge variances.
• Liaise with People team on cost centre mappings and personnel movements.
• Support process reviews and improvements.
• Develop financial models, tools, and reports to enhance visibility and efficiency.
• Promote continuous improvement in financial reporting and processes.

Who you are

• Qualified ACA/CIMA/ACCA
• Proficient in Excel and financial systems (SAP, Oracle, Hyperion, etc.)
• Experience in budgeting and forecasting
• Excellent communication and stakeholder relationship skills
• Methodical, detail-oriented, and organized
• Strong understanding of central/overhead costs and allocations
• Ability to work independently, prioritize, and meet deadlines

What's in it for you

Join Ocado Retail to experience life at the UK's largest online retailer, collaborate with talented colleagues, and develop your career in online retail. Benefits include:

• Health & Wellbeing: Medical insurance, Digital GP, family policies, mental health support, gym discounts, dental insurance, etc.
• Spend & Save: Up to 7% pension match, discounts at Ocado and M&S, free breakfast, EV leasing, shuttle bus from Hatfield station.
• Work-Life Balance: Hybrid working, 26 days holiday + 8 bank holidays, holiday purchase options, work from anywhere, lifestyle breaks.

Our Hiring Process

We value all applications and follow a fair process. If shortlisted, you'll have an initial call with a Talent Partner to discuss next steps.

Everyone's Welcome

We are an equal opportunities employer. Please inform us if you require reasonable adjustments during recruitment.