Head – Controls & Compliance

Key Responsibilities

Oversee Tesco Group’s financial control testing programme:

• Day to day management and oversight of our control testing team.
• Deliver our annual testing programme which includes operating effectiveness, design & implementation and remediation testing.
• Maintain a high standard and quality of testing that evolves with the business and industry expectations.
• Manage the capacity across the testing team throughout the year.
• Ensure consistency across business units, testing types and ultimately our testing conclusions.
• Prepare reporting and analysis of testing results.

Oversee our issue management process:

• Stand-over the process monitoring and updating the status of control deficiencies, both those identified by our external auditors and through our internal processes.
• Finance Director and above reporting on deficiencies.
• Support local control owners to remediate deficiencies, particularly any that are large and complex.

Drive and embed controls culture through:

• Designing and delivering training
• Developing control communities / networks to support control owners and operators.
• Establish a programme of management testing and self assessments to support our existing testing programme.
• Partner with control owners and operators to understand and support their needs and knowledge gaps.

Evolve our testing function over time:

• Incorporate the output from Continuous Controls Monitoring and Data Analytics into our testing programme.
• Support the testing team to take on new and varied control testing in the future (e.g. ESG control testing)
• Continuous improvement of the process and function

Qualification & Requirements

• SOX / Internal controls implementation and design improvement.
• Knowledge of core financial end to end processes.
• Knowledge of auditing concepts and principles.
• Understanding of IT General Controls
• Knowledge of Reporting and Corporate Governance.
• Ability to manage teams across multiple locations
• Ability to provide technical guidance and training to end users.
• Educated to degree level in a relevant subject.
• Professional Finance Qualification
• Strong communication skills to include report writing, presentation, influencing and relational skills.

Benefits

• Annual Bonus – Opportunity to earn additional bonus, distributed as 2/3rd in compensation and 1/3rd in shares.
• Leave & Time-off – Colleagues are entitled to 30 days of leave (18 days of Earned Leave, 12 days of Casual/Sick Leave) and 10 national and festival holidays, as per the company’s policy.
• Making Retirement Tension-FreeSalary – In addition to Statutory retirement beneets, Tesco enables colleagues to participate in voluntary programmes like NPS and VPF.
• Health is Wealth – Tesco promotes programmes that support a culture of health and wellness including insurance for colleagues and their family. Our medical insurance provides coverage for dependents including parents or in-laws.
• Mental Wellbeing – We offer mental health support through self-help tools, community groups, ally networks, face-to-face counselling, and more for both colleagues and dependents.
• Financial Wellbeing – Through our financial literacy partner, we offer one-to-one financial coaching at discounted rates, as well as salary advances on earned wages upon request.
• Save As You Earn (SAYE) – Our SAYE programme allows colleagues to transition from being employees to Tesco shareholders through a structured 3-year savings plan.
• Physical Wellbeing – Our green campus promotes physical wellbeing with facilities that include a cricket pitch, football field, badminton and volleyball courts, along with indoor games, encouraging a healthier lifestyle.