Commercial Finance Analyst - Retail Costs/Shrink
Salary: Competitive Plus Benefits
Location: London Store Support Centre and Home, London, EC1M 6HA
Contract type: Permanent
Business area: Finance & Business Development
Closing date: 20 February 2026
Requisition ID: 400049329
We’d all like amazing work to do, and real work-life balance. That’s waiting for you at Sainsbury’s. For a FTSE business, we move incredibly fast. When we’re not handling projects, we’re helping all corners of the wider group with what they’re trying to achieve. And around here, you can see the results of your work as soon as you walk into a store, which gives you a real sense of purpose and responsibility. Better still, the team around you will listen to your ideas and opinions, and you’ll have every chance to try something new. The sheer scale and complexity of our set-up means there’s always something else around the corner, and we’ll help and support you every step of the way. We’re trusted to get on with it. So get ready to make things happen here.
Location: London Store Support Centre & Home - colleagues go into the office 2 days per week on average.
Why join us
Joining Sainsbury's as a Finance Analyst in Retail Costs offers a unique opportunity to be at the forefront of driving financial performance and strategic decision-making within a dynamic retail environment. As a key player in the Retail Costs finance team, you will play a vital role in shaping the company's strategy by providing valuable insights and analysis to enhance operational efficiencies and profitability. With a focus on continuous improvement and collaborative working, this role will empower you to make a significant impact on the business while receiving support for your professional development through training and access to resources.
What you'll do
In the role of Finance Analyst for Retail Costs at Sainsbury's, you will business partner our loss prevention team and play a vital role in providing insight and analysis to shape the company's strategy and drive actions to reduce stock loss and improve the bottom line. You are the central point of contact for Shrink Savings and Capital programmes; responsible for completing timely and accurate period end reporting on Shrink performance, running corporate management reporting, identifying risks and opportunities, and completing ad hoc analysis to drive improvements within the business area. Your role will involve working collaboratively with internal teams, such as the data team, to resolve business problems and support the business in managing project budgets. Through your financial expertise and strong analytical skills, you will support the business in making informed financial decisions and enhancing performance to drive incremental income and improve ROI performance effectively.
Who you are
You are a part or fully qualified accountant with a proactive approach to financial analysis and business partnering. With a strong commercial acumen and the ability to build relationships with operational teams, you excel in providing insightful analysis and recommendations to drive business decisions and improve financial performance. Your proficiency in financial appraisal, business case creation, and process improvements, combined with your strong Excel skills and attention to detail, enable you to support the business in managing costs effectively and enhancing overall performance.
Essential Criteria
- Professional accounting qualification (ACCA, ACA or CIMA), or demonstrable progress towards qualification
- Demonstratable experience in financial appraisal and business case development, including collaboration with operational teams to inform decision‑making and drive change
- Proven capability in financial analysis using Excel, including the ability to translate numerical data into clear, actionable insight and communicate findings effectively
- Evidence of maintaining effective financial control and delivering process improvements, ensuring accuracy, compliance, and sustainability of financial processes
- Demonstrated ability to prioritise and manage workload effectively, working both autonomously and collaboratively, with a consistent focus on accuracy and problem resolution
#LI-CE1
We are committed to being a truly inclusive retailer, so you’ll be welcomed whoever you are and wherever you work. Around here, there’s always the chance to try something new - whether that’s as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we’ll also offer you an amazing range of benefits. Here are some of them:
Starting off with colleague discount, you'll be able to get 10% off at Sainsbury's, Argos, TU and Habitat after 4 weeks. This increases to 15% off at Sainsbury’s every Friday and Saturday and 15% off at Argos every pay day. We've also got you covered for your future with our pensions scheme and life cover. You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 10% of salary, depending on how we perform.
Your wellbeing is important to us too. You'll receive an annual holiday allowance, and you can buy additional holiday. We also offer other benefits that will help your money go further such as season ticket loans, cycle to work scheme, health cash plans, pay advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers. And if you ever need it there is also an employee assistance programme.
Moments that matter are as important to us as they are to you which is why we give up to 26 weeks’ pay for maternity or adoption leave and up to 4 weeks’ pay for paternity leave.
Please see www.sainsburys.jobs for a range of our benefits (note, length of service and eligibility criteria may apply).
