Analyst - Audit & Recovery

3 - 8 years

5 - 10 Lacs

Posted:2 days ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

About the role

Margin Discovery team offers Income/profit recovery services to Tesco PLC. This role is responsible for auditing Tesco Promotions
Agreement data (Commercial Income), claiming and recovering money owed to Tesco PLC. Every year we recover over millions of pounds for Tesco and also work closely with Product team and Suppliers, sharing our audit findings to minimize future losses. Our dedicated and highly experienced audit team utilize progressive dynamic financial service.

What is in it for you
As a result, our colleagues enjoy a unique, differentiated, market- competitive reward package, based on the current industry practices, for all the work they put into serving our customers, communities and planet a little better every day.
Our Tesco Rewards framework consists of pillars - Fixed Pay, Incentives, and Benefits.
Total Rewards offered at Tesco is determined by four principles - simple, fair, competitive, and sustainable.

Salary

- Your fixed pay is the guaranteed pay as per your contract of employment.

Performance Bonus

- Opportunity to earn additional compensation bonus based on performance, paid annually

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.

You will be responsible for
Business Code of Conduct and always acting with integrity and due diligence and have these specific risk responsibilities:
Audit Tescos Promotion, Sales, Defectives and commercial agreements to identify potential revenue leakages
Following our Business Code of Conduct and always acting with integrity and due diligence
Responsible for completing tasks and transactions within agreed critical metrics
Understanding of business processes gaps that can lead to financial irregularities
Experience of engaging with stakeholders and presentation of key issue, opportunities, status update
Identify root cause of audit findings collaborate with internal stakeholders to make process changes that reduces/eliminates revenue leakage
Understanding of accounting principles
Identifying operational improvements and finding solutions by applying CI tools and techniques
Ensure timely and accurate resolution of disputes questions raised by vendors on audit findings
Partner across other teams to learn new methods to interpret data as well as develop new ways of analyzing large volumes of data and ensure compliance with GSCOP and GCA Guidelines
Use critical thinking and analytical skills with a keen eye for detail to enhance missed income audit findings
You will need
  • Strong computer literacy - able to use Microsoft Excel, Word
  • Fresher s may also apply - graduate of a Finance/Accounting PowerPoint competently.
  • Bachelor s degree.
  • Logical reasoning
  • Experience in accounting, finance, accounts payable, buying,
  • Basic SQL Hadoop or audit a plus
  • Basic visualization and interpretation
  • Ability to work well in an individual and team environment
  • Highly proficient in spoken and written English
  • Retail Acumen
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Tesco

Retail

Welwyn Garden City

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