Finance

Our Finance function has a key role to play in supporting the business through the provision of insight, challenge and control, supporting business leaders to make more insightful decisions. Our Finance Partners work in partnership with our stakeholders to drive performance based on the strategic challenge, advice and insight we can offer them.

As we all co-own the business, our Finance team really makes sure it looks after the pennies. But it’s not just the pennies they look after. They manage and report on every aspect of our business, safeguarding our assets and operating appropriate financial controls.

As honesty and integrity are important to us, we’re strict about paying our suppliers and Partners on time. We also make sure we have the resources needed to fund our pension scheme – it’s not just a policy, but a principle.

Our Finance team has an opportunity for every finance professional to learn, grow and prosper with us. Our function consists of centralised centres of excellence, each responsible for providing specialist finance-wide expertise to the business, as well as supporting smaller divisional teams of business partners within Waitrose and John Lewis.

Finance Jobs

Within our Finance team, you’ll find a varied and interesting career, whether it’s as a Financial Analyst, Financial Advisor or a more senior position such as Finance Director. No matter what path you take, you’ll be supporting the overall division and the Partnership. We’ll also give you the necessary training and development you need to fulfil your potential with us.

Our teams in Bracknell and Victoria, London include the Centre for Accounting, the Centre of Planning, Reporting and Analysis, and Internal Controls and Finance Projects, as well as teams focused on Tax, Insurance and Treasury. Within each of these teams, you’ll positively make a difference in the Partnership and meet the varying business demands.

Each role is different, and so as such when applying for roles do check out the essential and desirable skills required. We’re looking for candidates to join our evolving Finance function to help us support the business by providing insight, knowledge and control. You can discover more about some of our roles below.

Financial Operations

Finance Operations is a fast-paced, dynamic function made up of a number of different teams, with around 180 Partners who, between us, deliver high volume transactional processing and accounting services for the whole of the John Lewis Partnership group, priding ourselves on both the quality and efficiency of the services that we offer.

Finance Operations is an excellent place to learn and develop a broad range of core finance skills whilst also getting to understand the nuts and bolts of many of our core business processes. We have an excellent track record for developing talent from a diverse range of backgrounds both inside and outside of the Partnership, including school leavers, returning parents, career changes and current finance professionals.

Whilst each of our teams within Finance Operations has a specific function, we have a culture that promotes and supports agile working between teams, giving our Partners a fantastic range of career development opportunities.

Financial Processing (FP)

FP PROCESSING & PAYMENTS. This team is split between Goods For Resale (GFR) and Goods Not For Resale (GNFR) & Payments. GFR Processing manage the processing of all Waitrose & John Lewis Goods for Resale Invoices (from paper to electronic, including both payable and receivable) in all currencies as well as resolving certain queries. GNFR & Payments manage the processing of all GNFR invoices, as well as JLP payments, iExpenses and credit cards.

FP SERVICE CENTRE . This is our primary finance contact hub which manages inbound queries from suppliers and Partners who require assistance with transactional activity relating to supplier accounts, including debt collection activity. They are also responsible for delivering training on our key financial systems such as iProcurement and iExpenses.

FP COMPLIANCE & REPORTING. This team is responsible for supplier account administration and assurance, covering the creation and modification of account information, compliance and support, as well as providing reporting for key deliverables. The team deliver a range of focused business reporting, execute key financial controls, as well as completing aspects around both month-end accounting and balance sheet reconciliations.

PAYROLL FINANCE is responsible for the accurate and timely processing of all Partnership payrolls, including core UK and Channel Islands Partner payrolls and our Pensioner payroll. The team also fields pay-related queries, and operates associated key financial controls, reports and reconciliations.

Accounting Operations (AO)

GENERAL ACCOUNTING provide specialist accounting services to support the timely delivery and integrity of assigned income statements and balance sheet accounts.

FIXED ASSETS are responsible for accounting for all Fixed Asset and Oracle Project related transactions. Specific activities include project set up and amendment, project closure, capitalisation & asset disposals.

CASH MANAGEMENT & BRANCH PROCESSING provide back office support to the Treasury team, Cash Management and Branch Processing (CMBP), as well as crucial activity around the monitoring and reconciling of the flow of cash in and out of the business, Electronic Fund Transfers and other tender types from point of sale to receipt of funds into the bank accounts.

  • What are the key attributes that you need to work in our teams?
  • A passion for the Partnership, our business and our brands.
  • Highly numerate with an aptitude for working in Finance.
  • An eye for improvement and making things better.
  • Enjoy working and communicating with people of different backgrounds.
  • Energy, enthusiasm and a strong team ethic.
  • Organised, tenacious and methodical in one’s approach to work.
  • Good everyday IT skills, including both Office and Google applications.

Progression within and beyond our teams:

We take great pride in recruiting and developing talented individuals into Finance Operations who progress both within and beyond our teams. You can find former Fin Ops Partners from our teams throughout our Partnership Finance organisation, from management roles to analysts supporting Commercial teams.

Kickstart your dream Finance career today.

Internal Audit

Internal Audit’s role is to provide independent and objective assurance to the Audit & Risk Committee on the effectiveness of the Partnership’s systems of risk management and internal control. We work across the Partnership to help protect value and influence value creation in relation to areas of strategic, operational, financial, data, regulatory and programme risk.

The team are responsible for developing and delivering a risk based work-plan that challenges the extent to which management are effectively and efficiently managing risks, issues and change opportunities to the Partnership’s success to ensure we land the change needed in a fast paced retail environment.

Internal Auditor’s joining the team should expect to work across all of these areas, building technical knowledge of risk and control, a strong understanding of the business and developing a range of soft skills that enables them to have influence and impact at all levels. As they progress through the team from an Internal Auditor role to Senior Internal Auditor, Manager and Senior Manager roles, they will continue to build their skill set, taking on increased responsibility for delivery and team leadership and development, starting to specialise and providing greater insight to our stakeholders.

Candidates joining the Partnership’s award winning Internal Audit team (IIA Awards 2018 – Overall Winner – Outstanding Team – Private Sector) can, in addition to the personal and professional development opportunities highlighted above, expect to benefit from working in a team that is equally challenging, supportive and has a huge teaming ethic. Career opportunities are within IA and Risk or outside of the team in the wider Partnership. Experience in IA helps make our Partner maximise their potential, accelerating their career and having lots of fun along the way!

Discover Finance roles.

CoPRA

The CoPRA team is the Centre of Financial Planning, Reporting and Analysis for the John Lewis Partnership. With over 80 Partners, the team delivers planning and reporting activities and are the central hub for targeted financial analysis across the Partnership. CoPRA focuses on balancing the needs of working hand in glove with the two Brands; Waitrose and John Lewis and the Group function with developing a fun and dynamic environment where best practices, deep industry expertise, knowledge sharing and collective effectiveness and efficiency are at the heart of delivery.

By joining the CoPRA team you will be part of the central financial hub for the Partnership who work flexibly to gain broad commercial experience as well as financial expertise in specific activities (e.g. planning) and functions (e.g. Supply Chain). Specifically you will be responsible for:

  • Using data effectively to deliver clear, accurate and insightful reporting
  • Production of divisional financial planning outputs, including complex planning and modelling work.Delivering high quality support and insight to stakeholders, to help improve the financial performance of the John Lewis Partnership
  • Continuous Improvement and making incremental improvements to propositions, processes, controls and/or policies.
  • Spotting and driving connections between the function and other areas of the organisation.
  • Influencing and managing relationships with stakeholders to enable the successful delivery of activities and projects.
  • Partnering with finance colleagues and business stakeholders, where you’ll be accountable for bringing advice, insight, support and challenge to the table in order to actively contribute to the shaping of divisional/client strategy

There are a number of roles in the CoPRA team. The team is led by a Head of Department with a number of Senior Finance Managers who collectively make up the CoPRA senior Leadership team. This leadership group is extended to include several Finance Manager roles including a Resource Manager. The analyst pool holds the majority of roles in CoPRA. This includes Senior Finance Analysts, Finance Analysts and Analysts, with the roles differentiated by the level of experience, functional knowledge and leadership capability required to be successful in each. Your experience will determine what level you join the CoPRA team with a large number of Partners moving through the structure as opportunities open up.

With a diverse and dynamic Leadership team there is a huge emphasis on making the CoPRA operating model efficient and effective for the business, creating an environment which is forward thinking, fun and dynamic and enabling the financial success of the Partnership. The CoPRA structure itself enables Partners to gain exposure to both the WTR and JL brands, and to a variety of disciplines across Finance; there is active support for development rotations to different areas and we are committed to supporting career progression within the Partnership.

Financial Analyst Jobs

You’ll join our team with the Centre of Planning, Reporting and Analysis to help support the provision of financial analysis services to the Partnership. What will I do as a Financial Analyst?

Core responsibilities include:

  • Producing divisional planning outputs
  • Driving connections between the function and other areas of the organisation
  • Influencing and managing relationships with stakeholders to enable the smooth delivery of projects
  • Actively contributing to the shaping of the divisional strategy

Will I suit this role?

You should have a good level of analytical skill, the ability to work accurately at pace, as well as proven experience within your area of specialism. If you’re timely, precise and have great problem-solving skills, then there’s every chance you’re the kind of person we need in our Finance team.
Find your ideal Finance position.

Risk Management

Risk Management’s role is to provide insight, challenge and support to the Executive Team, Management Boards and senior leadership to make risk informed decisions in the pursuit of the Partnership’s, Divisional and Functional strategies.

The team are responsible for developing and embedding a consistent risk management framework across the Partnership to provide a systematic approach to identify, assess, manage and monitor risks. We provide insight and reporting to leadership teams, Management Boards, Executive Team, Audit & Risk Committee and the Partnership Board.

Risk managers joining the team should expect to work across all of all areas of the business working directly with senior leadership teams, building commercial knowledge of risk and mitigating activity and developing a range of soft skills that enables them to influence and have impact at all levels. As they progress through the team, from Risk Manager to Senior Risk Manager, they will continue to build their skill set, taking on increased responsibility for delivery and team leadership and development, with greater responsibility in providing insight and challenge to our stakeholders.

Candidates joining the Risk Management team can, in addition to the personal and professional development opportunities highlighted above, expect to benefit from working in a team that is equally challenging, supportive and has a huge team ethic. Career opportunities are within Risk and IA or outside of the team in the wider Partnership. Experience in Risk helps make our Partner maximise their potential, accelerating their career and having lots of fun along the way!

Explore our selection of Risk roles.

Strategy & Location

The John Lewis & Partners and Waitrose & Partners Strategy teams work in partnership with business leaders and their teams, providing clarity, objectivity and strategic insight to help them make the right decisions for the future.

Working within a strategy role, you’ll oversee the development of the Partnership’s strategies while advising and supporting the senior leadership team. Some of your duties will include:

  • Supporting effective decision making by interpreting information on market dynamics, customer trends, Partner insight and business performance to create a clear picture of the forces at play in our market and the risks and opportunities they present for the Partnership
  • Working with business leaders on a wide range of projects which seek to answer critical questions relating to the future strategic direction and key investment decisions
    Guiding and leading key cross-functional projects to ensure alignment with overall business direction and strategy. Facilitating / contributing to project shaping, workshops and idea generation and incubation.
  • Tracking progress of strategic outcomes and embed tools to inform decision making.
  • Working with other teams to enable Partners across our business to understand our strategy and business plan and the role they play in contributing to our future success.

Will I suit this role?

To work well within these roles you will ideally have experience from a strategic consulting or a commercial due diligence background, or from having held a similar role within another retailer. You should have strong analytical skills with experience in framing issues and structuring work to make a clear recommendation, great written and spoken communication skills and be able to influence stakeholders at all levels.

Our wider Strategy team also includes our Location Planning function which plays a vital role in making strategic decisions around where our business should locate our stores, ensuring that we can serve as many customers as possible.

Explore our selection of our current Strategy roles.

Tax

The tax team is a small team based in Victoria and Bracknell. Roles range from analyst to Deputy Head of Tax.

What will I do in tax?

  • Provide advice and insight to the business.
  • Keep up to date with legislative developments and communicate relevant ones to the business.
  • Input into the tax strategy and policies for the partnership.
  • Input into financial statements for the partnership entities.
  • Prepare, review, file tax returns for the partnership entities.

Would I suit this role?

Like with most of our financial roles, we look for individuals with relevant experience and qualifications. For most of our tax roles, you should be a qualified Accountant or Tax Adviser but for some positions we accept relevant experience. Qualities we look for are self-motivation, great people skills and curious minds!

Finance Business Partnering

The role of a Finance Business Partner is to focus on securing the long-term financial success of our business whilst delivering Principle 1 from the Partnership’s constitution, this being ‘the happiness of members through worthwhile employment in a successful business, sharing power, knowledge and profit’. Trusted yet challenging, we support the leadership teams across the business and take joint accountability for the delivery of the Partnership’s strategic value.

With exciting yet challenging focus areas, we drive a pan-Partnership approach in everything we do to support the implementation of integrated objectives across our Waitrose and John lewis divisions, as well as Group head office. We support the Partnership’s executive leadership team within the brand strategies to highlight choices and risks, drawing out options rather than landing the finished article. We support with both capital and resource allocation re-invention, devise frameworks for both the tracking and realisation of benefits and we support our stakeholders to deliver projects successfully, on time & on budget.

As a Finance Business Partnering Team, it is our responsibility to deliver significant continuous improvement and we do this by providing insightful monthly reports, designing and embedding sustainable processes across that drive better investment cost insight and being selective in the analyses we do to ensure value is added.

Candidates joining our team are welcomed into a nurturing, collaborative and supportive environment which has a strong focus on training, development and team building. This role is ideal for decisive and confident Finance professionals who are skilled at building strong relationships, enjoy being accountable and holding others to account, who thrive on driving economic value by being tenacious, bold and commercially savvy and who search for continuous improvement in everything that they do.

What makes our Finance team first-class?

Here at the John Lewis Partnership, we’re transforming to create a Finance function that is truly world-class. This is another step in our evolution, designed to ensure we’re creating great roles and careers for our Partners, whilst at the same time providing the business with the insight, challenge and control in order to deliver the Partnership’s strategy.

Our new organisation design allows us to be more agile and flexible, so we can continue to respond as our industry, and our world, changes. As part of our transformation, we’re excited to bring together our previous divisional teams to create a single, unified Finance function to support both our brands – John Lewis and Waitrose.

What benefits will I receive when I join?

It’s a fantastic time to join the Partnership. We have two very strong brands, John Lewis and Waitrose, and as the retail world is changing around us, we’re continually evolving our strategy and our proposition, to lead the way in meeting the needs of our customers and to stay ahead of our competitors.

Because of this, we’re able to offer industry leading benefits. These include a share in the profits, subsidised learning, access to exclusive Partner Hotels, a Partnership discount card and free access to many UK Heritage sites. Discover our full range of benefits.

Our ultimate purpose is to ensure the happiness of all our people throughout meaningful employment. We ensure this by making you a co-owner in our business, which means sharing the responsibilities as well as the rewards – profit, knowledge and power. Find out more about The Partnership Difference.

 

Apply Now For Finance Opportunities

You’ll find a wide range of full and part-time, temporary and permanent Finance vacancies available at our Head Office.

See our latest Finance opportunities below. Apply now to join us.

See our current Finance jobs

Latest Head Office opportunities

Head Office

Information Assurance Officer

 Victoria

 London

£78,400 - £119,000

Closing Date: 22/7/2019