Treasury Accounting Manager

About the role

Are you ready to take the next step in your treasury accounting career? We’re looking for a talented Treasury Accounting professional to join our specialist Group Treasury team. Reporting to the Head of Treasury – Accounting, you’ll play a key role in delivering high‑quality financial reporting, supporting our Treasury Management System, and partnering closely with stakeholders across Treasury and wider Finance.

This is a fantastic opportunity for someone who enjoys hands‑on technical accounting, thrives in a fast‑paced environment, and wants to contribute to continuous improvement in systems, processes, and controls.

This role can be based at our London or Welwyn Garden City office.

You will be responsible for

• Leading the operation, optimisation, and integration of Treasury Management Systems, including configuration, implementation, and ERP connectivity.
• Managing FX cash flow hedge accounting under IFRS 9—covering designation, OCI tracking, recycling, and ongoing effectiveness testing.
• Taking ownership of accounting for commodity derivatives, including designation, documentation, valuation oversight, and IFRS 13 disclosure support.
• Preparing robust, well‑documented technical accounting papers for complex treasury transactions.
• Supporting system upgrades, automation initiatives, and process redesign across the treasury finance environment.
• Enhancing and maintaining a strong control framework for treasury reporting, proactively addressing any control gaps.
• Building strong relationships across Group Finance, Finance Change, Treasury teams, and external auditors.
• Using ERP & EPM systems for journals, reconciliations, and the production of treasury reporting.

You will need

• A professional accounting qualification (ACA, ACCA, CIMA or equivalent).
• Proven experience in treasury accounting and financial instruments.
• Hands‑on experience working with ERP systems.
• Commodity hedging experience (desirable).
• Expertise in control & compliance, IFRS application, and ERP/TMS usage.
• Strong analytical skills with the ability to translate insights into action.
• Excellent communication skills and the ability to see the “big picture”.
• Experience with ETL tools is an advantage.

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 20% of base salary
• Holiday starting at 25 days plus a personal day (plus Bank holidays)
• Private medical insurance
• 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
• Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing

About us

Tesco has become a market leader by doing the little things that really matter for our customers and colleagues.

It’s part of what makes Tesco such a great place to work, and we’re proud to have been accredited as one of Britain’s Top Employers again this year.

We're the UK's number one retailer and we pride ourselves on offering a great shopping experience. We are passionate about our food, merchandise and services and will always try to get things right for our customers.

But did you know we also offer great job opportunities? With stores, distribution centres and offices across the UK, and a vast variety of roles, we are always looking for people who have a hunger to work with customers and colleagues across our exciting business.

We believe in treating each other with respect and giving everyone an equal opportunity to get on. It's our people that make the difference every day - helping us make a difference for our customers

Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details before your agreed start date.

For more information about us please visit www.tescoplc.com

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