Sainsbury Vacancies – Finance Associate

Website Sainsbury's

Job Description:

To produce Establishment Finance reporting to enable Financial Accountant to report business performance to the Property Business Partnering team.Execute accounting processes (including period-end transactions and journals) in the core finance systems and validate outputs of direct reports to drive completion of accurate and representative financial statements in line with the agreed deadlines and quality standards

Job Responsibilities:

  • Process the following Establishment transactions in line with pre-determined timelines and the financial controls framework
  • Monitoring of provisions for Onerous Leases and Dilapidations
  • Payment Authority Governance
  • Management Accounting Schedules & reporting
  • Use data from outsource partners on property payment and receipts
  • Elimination, simplification and/or automation of transactional activities (e.g. journals, period end, reconciliations etc.)
  • Reporting improvements e.g. report rationalisation, design and implementation
  • Share relevant tools and lessons learnt with Finance & Non-Finance stakeholders
  • Apply technical accounting expertise facilitate internal audits and support external audit preparation
  • Review and posting of periodic journals for Rent, Rates and Service charges, VAT, insurance, sublet income and concession income (for both Sainsburys and Argos)
  • Balance Sheet Reconciliations raising issues with Financial Accountant
  • Support external audit preparation
  • Identify where financial controls are not operating as required and drive remediation
  • Support the delivery of Finance improvement initiatives and implementation of internal & external best practices to enhance process efficiency and quality of outputs including:
  • Data quality improvements

Job Requirements:

  • Ability to work fluidly with data and across systems e.g. reporting tools
  • Team player with good presentation and communication skills (both verbal & written)
  • Ability to work collaboratively with key stakeholders (e.g. Property Business Partnering, Financial Control, Financial Planning)
  • Organisational and prioritisation skills
  • Studying towards a professional accounting qualification
  • Strong analytical skills, Excel skills and attention to detail

Qualification & Experience:

  • Some experience in Finance reporting
  • Experience in using systems that support financial accounting and reporting processes (e.g. Oracle, Lawson, and other reporting tools)
  • Experience in a large company environment, preferably retail (desired)
  • Some experience in driving process simplification and improvements
  • Experience in Establishment accounting and reporting

Job Details:

Company: Sainsbury’s

Vacancy Type: Full Time

Job Location: Coventry, England

Application Deadline: N/A

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