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Senior Finance Analyst – Commercial Income
- hatfield, england, United Kingdom
- Permanent·Hybrid
- Full time
- £65 - £90 Per Hour
Job Description
Contract type: Permanent
Location: Hatfield (Hybrid working – 3 days in the office)
Working hours per week: 40 hours – Full-time
Level: Associate
Reports to: Finance Manager
Application Closing Date: Monday 5th October
About Us
Our mission is to deliver joy in every shop, through unbeatable choice, unrivalled service, and reassuringly good value. We’re also on a mission to empower our business with smart technology; we’ve recently launched our AI Academy, providing a tailored AI learning journey for every colleague.We’re Ocado Retail , a market-leading joint venture between Ocado Group and M&S, and the world’s largest dedicated online supermarket, ocado.com . Not only is Ocado the only place to shop a full range of M&S food online, but it’s also the home to the widest online supermarket range in the UK and a champion of small, independent brands. We’re also the brains behind Zoom by Ocado , our same-day grocery delivery service.
About The Team And The Role
The Commercial Controls team oversees governance, financial controls, and performance tracking for all supplier-funded media and promotional revenue streams. We continuously evaluate underlying data and performance trends to unlock actionable business insights and support data-driven decision-making across the organisation.Working collaboratively with commercial buying teams, financial accounting, and FP&A, we drive sustainable, profitable growth. As a Senior Finance Analyst – Commercial Income, reporting to the Senior Finance Manager – Commercial Income Controls, you will play a central role in driving revenue accuracy, robust financial governance, and commercial clarity across retail supplier income.
What You’ll Do
- Drive Income Accuracy & Commercial Analysis: Lead end-to-end accounting controls and reporting for promotional revenue streams. Conduct deep-dive commercial performance analysis, evaluate market trends, surface growth opportunities, and mitigate potential financial risks.
- Manage Month-End & Audit Deliverables: Oversee the promotional income month-end close process, perform detailed financial reconciliations, and handle core supplier confirmation deliverables for statutory and internal audits.
- Partner with Third-Party Audit Recovery: Act as the primary finance contact and commercial business partner for external audit recovery partners. Streamline claim approval workflows, partner with internal compliance teams, accelerate review cycles, and maximise audit recovery returns.
- Lead Financial Governance & Compliance Audits: Lead internal value and documentation reviews to verify Joint Business Planning (JBP) agreement structures, signatures, and promotional spend compliance. Continuously enhance internal control frameworks to ensure commercial deal mechanics meet core risk standards.
- Analyse Revenue & JBP Performance: Conduct periodic performance reviews of third-party income and year-on-year growth incentives across key supplier accounts. Support supplier negotiation reporting, invoicing routines, and financial sensitivity modeling.
Who You Are
Essential Skills & Qualifications
- Qualified Professional: Fully qualified finance professional (CIMA / ACCA or equivalent) or holding a relevant degree qualification.
- Advanced Data & Analytical Capability: High proficiency in handling complex datasets, performing deep-dive variance analysis, and translating raw numerical data into clear, actionable commercial insights.
- Stakeholder & Business Partnering: Strong communication and interpersonal skills with a proven track record of managing relationships across commercial buying teams, internal leadership, and external recovery audit partners.
- Attention to Detail: A methodical, thorough approach to reviewing agreement documentation, verifying promotional deal mechanics, and completing financial reconciliations.
Desirable Skills
- Process Automation & Continuous Improvement Mindset: A proactive drive to optimize manual workflows, automate routine reporting, and strengthen financial control frameworks.
- Tech-Curious & Forward-Thinking: Enthusiasm for adopting modern analytical toolsets, leveraging automation, and engaging with our AI Academy to champion tech-driven efficiencies across commercial finance routines.
What’s In It For You
By joining Ocado Retail, you’ll have the chance to experience life at the world’s largest online retailer, work with an amazing bunch of people who challenge what’s possible each day, and grow your skills and career in online retail. You’ll also be part of our AI Academy , a dedicated learning journey designed to empower every colleague with the smart technology skills of the future.If that’s not enough to tempt you, you’ll also get access to loads of great benefits to sweeten the deal. Here’s a taste of what we offer:
Health & Wellbeing: Private medical insurance with option to add your family, Digital GP appointments, market-leading family policies, mental health support, discounted gym memberships, dental insurance, and more.
Spend & Save: Annual bonus scheme split between personal and business objectives, recognition with reward platform, up to 7% matched pension contributions, 15% Ocado discount, 20% M&S discount, free breakfast every day in the office, electric vehicle leasing scheme, and free shuttle bus from Hatfield station to the office.
Never miss the moments that matter: Hybrid working, 26 days holiday plus 8 flexible bank holidays, options to buy extra holiday, 2 weeks work from anywhere, and lifestyle break opportunities.