Tesco UK • Strawberry Building London, • Apply by 18-May-2025 About the role
In this role you will partner the business, providing treasury advice and solutions on FX, Working Capital & inter-company funding. Once agreed, it is my responsibility to execute and record market trades in compliance with Treasury Policy.
What is in it for you
We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. to find out more!
1. Annual bonus scheme of up to 20% of base salary
2. Holiday starting at 25 days plus a personal day (plus Bank holidays)
3. Private medical insurance
4. 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave
5. Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing
You will be responsible for
6. Executing financial derivative market transactions (FX and Deposits) as per the requirement of the business and accurately inputting deals into Treasury system
7. Being curious and actively seek out risks and opportunities to support the business (. FX, working capital) from both a local and group perspective and work collaboratively with business units ("BUs") to be a go to advisor who adds value to stakeholders and their businesses
8. Understand and challenge BU cash forecasting, using this to ensure the business is appropriately funded (Inter-company loans, equity injections, dividends
9. Managing the Group’s short term cash position, including borrowing and depositing funds and arranging drawing of short term debt
10. Dealing with external counter-parties (. banks, money market funds) - Other adhoc projects falling within the Group Treasury remit
You will need
11. Experience with financial derivative market transactions (FX and Deposits)
12. Ability to identify and manage risks and opportunities in business (., FX, working capital)
13. Proficiency in cash forecasting and funding (inter-company loans, equity injections, dividends)
14. Experience in managing short-term cash positions, including borrowing and depositing funds
15. Experience dealing with external counter-parties (., banks, money market funds)
16. Understanding of economics and how news impacts FX rates and interest rates
About us
You might know us as a supermarket, technology company or even for our award-winning mobile network. Truth is, we’re all of those things, and much more. Our colleagues work with one goal in mind, helping to make every day a little better for our customers, colleagues and communities all over the world. No two customers are the same, neither are our colleagues.
At Tesco, we champion a balance that lets you thrive both in and out of work. Spend 60% of your week collaborating with colleagues at our office locations or local sites and the rest remotely. Whether you're just kicking off your career, juggling passions, or navigating big life events, we're here to support you. We always welcome a conversation about flexible working, so talk to us throughout your application about how we can support.
We're proud to be an accredited Disability Confident Leader, where everyone’s welcome. That’s why we commit to providing a fully inclusive and accessible recruitment process. If you need support with your application, for more information. And if you're interested in joining our team but don't tick every box, don't let that hold you back from applying.