Job description
Are you looking for a challenging and rewarding new opportunity in an exciting role that is focused on a rapidly developing part of the organisation? This Commercial Finance Manager with a focus on Investment Appraisal is part of a wider team that partners the Property team, making critical decisions on Asda's real estate portfolio and helping the business deliver it's ambition of #2 in Grocery through organic new store growth and M&A opportunities.
About the role:
- As an Investment Appraisal Manager within the wider Customer & Business Development team, you will business partner the Property team and other functions to support critical investment decisions
- Property is responsible for the delivery of new stores, alongside managing all property aspects of our existing 600+ store estate and creating value out of the estate
- You will be at the forefront of helping the business make the right investment decisions, playing a critical role in identifying, recommending, and concluding on investment proposals for both organic & acquisition growth. Alongside this, you will play a key role in supporting the estate management team drive additional value from Asda's portfolio
- This Finance team also prioritises and manages capital expenditure for the entire Asda business and has exposure to senior board members
The ins and outs:
- The successful candidate will work with stakeholders across the wider Property teams, including surveyors, market evaluation and construction, alongside other Asda teams such as Legal and the wider Finance team
- You will be responsible for challenging senior stakeholders to prioritise and evaluate investment decisions to unlock growth opportunities and increase value creation within our estate. Investments include new store growth proposals, M&A opportunities, large scale redevelopment appraisals and estate management
- You will support new store schemes from approval through to opening; reviewing and challenging scheme commercials; inputting into store plans; providing insight into commercial performance and reviewing post evaluations
- You will be critical to the future strategy of our estate, for example driving our tenant strategy, optimising lease tenure through rent regears, or reviewing large scale property redevelopments
What you'll need:
- Strong commercial skill set and critical thinking, with the ability to evaluate investments and support clear, robust and measurable business cases
- Ability to provide accurate, timely information to a high quality with excellent attention to detail
- Drive to be a ‘self-starter' who looks to set direction and take ownership of complex issues to drive the right actions
- Confidence to challenge and influence operational partners at senior levels of the organisation
- Strong interpersonal skills to establish professional, credible relations with both finance and non-finance colleagues, as well as great communication skills to ensure information is clearly articulated
- Strong Excel, PowerPoint and analytical tool skills to support data-driven decisions, experience in M&A transactions beneficial but not essential
- Applicants should be a graduate (or equivalent) with strong academics and a professional accounting qualification with post qualified experience
Work Where it Works:
Our hybrid way of working gives you the choice to work where it works. This enables you to choose where you'll be the most effective. It offers a mix of working from home and in an office environment that works best for you and your team
You will also get an excellent benefits package including:
- Company car or £5,700 car allowance, plus discretionary company bonus
- Company pension up to 7% matched
- 10% colleague discount, free parking and many additional rewards.
We want all colleagues to be able to bring their best and true selves to work, every day. Simply put, we want our colleagues to be Proud to be Asda and proud to be themselves.
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