Lead-Financial Accounting
- Full-time
- Group Function: Tesco Business Services
Company Description
We are a multi-disciplinary team creating a sustainable competitive advantage for Tesco by standardising processes, delivering cost savings, enabling agility, providing cutting-edge technological solutions and empowering our colleagues to do ever more for our customers. With cross-functional expertise in Global Business Services and Retail Technology & Engineering, a wide network of teams and strong governance we reduce complexity thereby offering high quality services for our customers. Tesco Bengaluru, established in 2004 to enable standardisation and build centralised capabilities and competencies, makes the experience better for our millions of customers worldwide and simpler for over 4,40,000 colleagues.
At Tesco Business Services, we have a mission to simplify, scale & partner to serve our customers, colleagues and suppliers through a best in class intelligent Business Services model . We do this by building a world class business services model by executing service model framework right at the heart of everything we do for our worldwide customers. The key objective is to implement and execute service model across all our functions and markets consistently. The ethos of business services is to free-up our colleagues from a regular manual operational work. We use cognitive technology to augment our key decision making. We also built a Continuous Improvement (CI) culture across functions to drive bottom-up business efficiencies by optimising processes. Business services colleagues need to act as a business partner with our group stakeholders to build a collaborative partnership driving continuous improvement across markets and functions to lead the best customer experience by serving our shoppers a little better every day.
At Tesco, inclusion means that Everyone?s Welcome. Everyone is treated fairly and with respect; by valuing individuality and uniqueness we create a sense of belonging.
Diversity and inclusion have always been at the heart of Tesco. It is embedded in our values: we treat people how they want to be treated. We always want our colleagues to feel they can be themselves at work and we are committed to helping them be at their best.
Across the Tesco group we are building an inclusive workplace, a place to actively celebrate the cultures, personalities and preferences of our colleagues ? who in turn help to build the success of our business and reflect the diversity of the communities we serve.
Job Description
• Reconcile General ledger to Subledger and being accountable for the financial close process in accordance with agreed period close schedules and in compliance with financial standards (TGAP) and controls framework. • Understanding the relevant systems to ensure correct processing of financial transactions including Application of • basic accounting concepts of Debits / Credits, Control accounts while recording transactions. • Responsible for completeness and accuracy of various trackers. • Review of the reconciliations inline with best way requirements as per Risk assessment methodology, adheres to timelines and understands the importance of accuracy to avoid surprise scenarios in balances sheets. • Ensure highlighting of all accounting issues in the Balance sheet reconciliations with suggested probable solutions • Be considered as go to person for the team & Liaising with different IT teams / Business teams. • SME who can be approached for Accounting/ reconciliation issue. • Supports Internal and External Audit. • Following our Business Code of Conduct and always acting with integrity and due diligence • Understands "MY" Objectives and work priorities (including Key Performance Indicators) and works towards achieving and exceeding them • Is a good Teammate, and takes on First Line Supervisory responsibilities of coaching, training and communication.
Qualifications
Operational skills relevant for this job:
* IT Tools Acumen - Ability to Understand / Navigate through, flow of finance data through various systems * Problem solving * Logical thinking * ERP - Oracle / Other ERP In Finance Domain * Accounting Basic concepts (Including Golden rules)
Experience relevant for this job:
Required: * Balance sheet Reconciliation & P&L concepts * Conceptual Knowledge of IFRS / IAS Preferred: * Qualification - Chartered Accountant * Knowledge of Retail industry, Business, Operational aspects of retail (stores), Commercial (Buy & sell)
Additional Information
Important Notice:
On behalf of Tesco Bengaluru, we must caution all job seekers and educational institutions that Tesco Bengaluru does not authorise any third parties to release employment offers or conduct recruitment drives via a third party. Hence, beware of inauthentic and fraudulent job offers or recruitment drives from any individuals or websites purporting to represent Tesco. Further, Tesco Bengaluru does not charge any fee or other emoluments for any reason (including without limitation, visa fees) or seek compensation from educational institutions to participate in recruitment events.
Accordingly, please check the authenticity of any such offers before acting on them and where acted upon, you do so at your own risk. Tesco Bengaluru shall neither be responsible for honouring or making good the promises made by fraudulent third parties, nor for any monetary or any other loss incurred by the aggrieved individual or educational institution.
In the event that you come across any fraudulent activities in the name of Tesco Bengaluru, please feel free report the incident at [email protected]