Lead - Financial Accounting
2 days ago
About the role
Refer to you will be responsible for section
You will be responsible for
In this job, I am accountable for:
- 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.
You will need
- IT Tools Acumen - Ability to Understand / Navigate
- Balance sheet Reconciliation & P&L concepts
through, flow of finance data through various systems
- Conceptual Knowledge of IFRS / IAS
- Problem solving
Preferred:
- Logical thinking
- Knowledge of Retail industry, Business, Operational
- ERP - Oracle / Other ERP In Finance Domain
aspects of retail (stores), Commercial (Buy & sell)
- Accounting Basic concepts (Including Golden rules)
CF Standard Role Code: FIN-ACCT-IC1
Whats in it for you?
At Tesco, we are committed to providing the best 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.
About Us
At Tesco, inclusion is at the heart of everything we do. We believe in treating everyone fairly and with respect, valuing individuality and uniqueness to create a true sense of belonging. Diversity and inclusion are deeply embedded in our values—we treat people how they want to be treated. Our goal is for all colleagues to feel they can be themselves at work, and we are committed to helping them thrive. Across the Tesco group, we are building an inclusive workplace that actively celebrates the cultures, personalities, and preferences of our colleagues, who in turn contribute to the success of our business and reflect the diversity of the communities we serve.
At Tesco Bengaluru, we are proud to be a Disability Confident Committed Employer, highlighting our commitment to creating a supportive environment for individuals with disabilities. We are dedicated to offering equal opportunities for all candidates and encourage applicants with disabilities to apply. Our recruitment process is fully accessible, and we are happy to provide reasonable adjustments during interviews. If you need any accommodations to participate in the recruitment process, please let us know. We are here to ensure that everyone has the chance to succeed.
We also believe in fostering a work environment where you can excel both professionally and personally. Our hybrid model allows you to work flexibly—spend 60% of your week collaborating in person with colleagues at our office locations or local sites, and the rest of the time working remotely. We understand that everyone's life journey is unique, whether you are starting your career, pursuing passions, or navigating life changes, and we are here to support you. Flexibility is a core part of our culture, and we encourage open conversations about how we can best accommodate your needs, so talk to us throughout your application process on the support required.
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