Description
About the role
At Tesco, we believe in the power of spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. We also recognise that life looks a little different for each of us. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That's why at Tesco, we always welcome a conversation about flexible working. So, talk to us throughout your application about how we can support.
As Head of Audit, you will lead Group Audit activities and deputise for the Group Audit Director. You will lead a team of auditors and subject matter specialists (co-sourced and internal experts) to deliver risk based audits. While partnering with the business, you will help identify the key risks, assess how these risks are managed and identify recommendations that will address the root causes of the problems, and in turn, genuinely improve the risk management within the business.
You will be responsible for
- Ownership of a number of key functional leadership roles (Audit PMO, Data Analytics Strategy, Methodology & Continuous Improvement)
- Co-lead a 'high performance' team culture change; Developing future audit leaders through investment and coaching in HIPO talent pool.
- Building relationships with business stakeholders (across People, Product, Tesco Mobile and Corporate Comms) to ensure that the key risks in each business unit are understood, the key developments and change projects are monitored, and audit issues are addressed in a timely and effective manner.
- Lead the development a dynamic and risk-based internal audit plan taking into account the internal and external risks, other developments and change in the organisation to create a prioritised plan.
- Full accountability for a team of auditors delivering a programme of complex audits (strategic, operational, change, financial or compliance) from planning to reporting, including execution of data analytics.
- Analysing large volumes of data from various systems and translate into digestible information for the team, management, and stakeholders to use for decision-making.
- Prepare regular impactful progress updates for Executives and Audit Committee; Facilitating workshops with cross functional stakeholders to drive follow up/conclusion of agreed actions arising from audits.
- Accountable for the delivery of high quality, impactful and value-adding internal audit reports;
- Performing ad hoc "in-flight" reviews of ongoing change initiative projects, to build a robust control framework; Utilising and managing SME resources to supplement the skills internally to perform more technical reviews.
- Forecasting and managing budgets effectively.
You will need
- CIMA, ACA or ACCA qualified Accountant or IIA qualified Auditor or other suitable qualification.
- Significant internal or external audit experience including Enterprise Risk Management (ERM) experience from with a large, complex businesses in Retail and/or FMCG
- Proven functional leadership/management (including Line Management) experience.
- Proven innovation and change experience.
- Understanding of governance and compliance requirements, and related processes in large and complex organisations.
- Excellent analytical and problem-solving skills including experience in delivering assurance.
- Strong influencing skills with the ability to build stakeholder relationships. A strong desire to learn.
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What's 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. Click Here to find out more!
- Annual bonus scheme of up to 45% of base salary
- Car Cash Allowance
- Holiday starting at 25 days plus a personal day (plus Bank holidays)
- Private medical insurance
- Retirement savings plan - save between 6% - 10% and Tesco will contribute 1.5 times this amount
- 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
About us
Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is 'Serving our customers, communities and planet a little better every day'. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.
Diversity, equity and inclusion (DE&I) at Tesco means that whoever you are and whatever your background, we always want you to feel represented and that you can be yourself at work. In short, we're a place where Everyone's Welcome . We're proud to have been accredited Disability Confident Leader and we're committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please click here .
We're a big business and we can offer a range of diverse full-time & part-time working patterns across our many business areas, which means that we can find something that works for you. We work in a more blended pattern -combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate.
About Tesco
Tesco is one of the world's largest retailers providing grocery home shopping, financial services, mobile and more across the UK. Over the years, Tesco has evolved from a modest market stall in London's East End to become a global retail powerhouse with a presence in numerous countries. The company's commitment to providing quality products at affordable prices has earned it a place at the forefront of the British retail industry.
Tesco operates a diverse range of stores, including hypermarkets, supermarkets, and convenience stores, catering to the diverse needs of its customers. In addition to groceries, Tesco offers clothing, electronics, household goods, and a variety of other products, making it a one-stop destination for shoppers.
Beyond its retail operations, Tesco has demonstrated a strong dedication to corporate responsibility and community engagement. It was the first retailer to sign the Armed Forces Covenant in 2014, exemplifying its commitment to supporting veterans and military personnel. Tesco actively participates in various social and environmental initiatives aimed at reducing its carbon footprint and contributing to a sustainable future.
As a major private sector employer in the UK, Tesco plays a pivotal role in the country's economy, providing job opportunities and career growth for a vast number of individuals. With its extensive reach and continued commitment to excellence, Tesco remains a cornerstone of British retail, serving as a trusted and reliable brand for generations of shoppers.