Analyst - Audit & Recovery
Tesco Bengaluru
Date: 10 hours ago
City: Bengaluru, Karnataka
Contract type: Full time
About the role
Margin Discovery team offers Income/profit recovery services to Tesco PLC. This role is responsible for auditing Tesco Promotions &
Agreement data (Commercial Income), claiming and recovering money owed to Tesco PLC
Every year we recover over millions of pounds for Tesco and also work closely with Product team and Suppliers, sharing our audit
findings to minimize future losses. Our dedicated and highly experienced audit team utilize progressive & dynamic financial service
You will be responsible for
Business Code of Conduct and always acting with integrity and due diligence and have these specific risk responsibilities:
• Audit Tesco's Promotion, Sales, Defectives and commercial agreements to identify potential revenue leakages
• Following our Business Code of Conduct and always acting with integrity and due diligence
• Responsible for completing tasks and transactions within agreed critical metrics
• Understanding of business processes gaps that can lead to financial irregularities
• Experience of engaging with stakeholders and presentation of key issue, opportunities, status update
• Identify root cause of audit findings & collaborate with internal stakeholders to make process changes that reduces/eliminates revenue leakage• Understanding of accounting principles
• Identifying operational improvements and finding solutions by applying CI tools and techniques
• Ensure timely and accurate resolution of disputes & questions raised by vendors on audit findings
• Partner across other teams to learn new methods to interpret data as well as develop new ways of analyzing large volumes of data
Ensure compliance with GSCOP and GCA Guidelines
• Use critical thinking and analytical skills with a keen eye for detail to enhance missed income audit findings
Key people and teams
You will need
• Strong computer literacy - able to use Microsoft Excel, Word &
• Fresher’s may also apply - graduate of a Finance/Accounting
PowerPoint competently.
(or related) Bachelor’s degree.
• Logical reasoning
• Experience in accounting, finance, accounts payable, buying,
• Basic SQL & Hadoop
or audit a plus
• Basic visualization and interpretation
• Ability to work well in an individual and team environment
• Highly proficient in spoken and written English
• Retail Acumen
Whats in it for you?
At Tesco, we are committed to providing the best for you.
As a result, our colleagues enjoy a unique, differentiated, market- competitive reward package, based on the current industry practices, for all the work they put into serving our customers, communities and planet a little better every day.
Our Tesco Rewards framework consists of pillars - Fixed Pay, Incentives, and Benefits.
Total Rewards offered at Tesco is determined by four principles - simple, fair, competitive, and sustainable.
Salary - Your fixed pay is the guaranteed pay as per your contract of employment.
Performance Bonus - Opportunity to earn additional compensation bonus based on performance, paid annually
Leave & Time-off - Colleagues are entitled to 30 days of leave (18 days of Earned Leave, 12 days of Casual/Sick Leave) and 10 national and festival holidays, as per the company’s policy.
Making Retirement Tension-FreeSalary - In addition to Statutory retirement beneets, Tesco enables colleagues to participate in voluntary programmes like NPS and VPF.
Health is Wealth - Tesco promotes programmes that support a culture of health and wellness including insurance for colleagues and their family. Our medical insurance provides coverage for dependents including parents or in-laws.
Mental Wellbeing - We offer mental health support through self-help tools, community groups, ally networks, face-to-face counselling, and more for both colleagues and dependents.
Financial Wellbeing - Through our financial literacy partner, we offer one-to-one financial coaching at discounted rates, as well as salary advances on earned wages upon request.
Save As You Earn (SAYE) - Our SAYE programme allows colleagues to transition from being employees to Tesco shareholders through a structured 3-year savings plan.
Physical Wellbeing - Our green campus promotes physical wellbeing with facilities that include a cricket pitch, football field, badminton and volleyball courts, along with indoor games, encouraging a healthier lifestyle.
About Us
Tesco in Bengaluru is a multi-disciplinary team serving our customers, communities, and planet a little better every day across markets. Our goal is to create a sustainable competitive advantage for Tesco by standardising processes, delivering cost savings, enabling agility through technological solutions, and empowering our colleagues to do even more for our customers. With cross-functional expertise, a wide network of teams, and strong governance, we reduce complexity, thereby offering high-quality services for our customers.
Tesco in Bengaluru, established in 2004 to enable standardisation and build centralised capabilities and competencies, makes the experience better for our millions of customers worldwide and simpler for over 3,30,000 colleagues.
Tesco Business Solutions:
Established in 2017, Tesco Business Solutions (TBS) has evolved from a single entity traditional shared services in Bengaluru, India (from 2004) to a global, purpose-driven solutions-focused organisation. TBS is committed to driving scale at speed and delivering value to the Tesco Group through the power of decision science. With over 4,400 highly skilled colleagues globally, TBS supports markets and business units across four locations in the UK, India, Hungary, and the Republic of Ireland. The organisation underpins everything that the Tesco Group does, bringing innovation, a solutions mindset, and agility to its operations and support functions, building winning partnerships across the business. TBS's focus is on adding value and creating impactful outcomes that shape the future of the business. TBS creates a sustainable competitive advantage for the Tesco Group by becoming the partner of choice for talent, transformation, and value creation
Margin Discovery team offers Income/profit recovery services to Tesco PLC. This role is responsible for auditing Tesco Promotions &
Agreement data (Commercial Income), claiming and recovering money owed to Tesco PLC
Every year we recover over millions of pounds for Tesco and also work closely with Product team and Suppliers, sharing our audit
findings to minimize future losses. Our dedicated and highly experienced audit team utilize progressive & dynamic financial service
You will be responsible for
Business Code of Conduct and always acting with integrity and due diligence and have these specific risk responsibilities:
• Audit Tesco's Promotion, Sales, Defectives and commercial agreements to identify potential revenue leakages
• Following our Business Code of Conduct and always acting with integrity and due diligence
• Responsible for completing tasks and transactions within agreed critical metrics
• Understanding of business processes gaps that can lead to financial irregularities
• Experience of engaging with stakeholders and presentation of key issue, opportunities, status update
• Identify root cause of audit findings & collaborate with internal stakeholders to make process changes that reduces/eliminates revenue leakage• Understanding of accounting principles
• Identifying operational improvements and finding solutions by applying CI tools and techniques
• Ensure timely and accurate resolution of disputes & questions raised by vendors on audit findings
• Partner across other teams to learn new methods to interpret data as well as develop new ways of analyzing large volumes of data
Ensure compliance with GSCOP and GCA Guidelines
• Use critical thinking and analytical skills with a keen eye for detail to enhance missed income audit findings
Key people and teams
You will need
• Strong computer literacy - able to use Microsoft Excel, Word &
• Fresher’s may also apply - graduate of a Finance/Accounting
PowerPoint competently.
(or related) Bachelor’s degree.
• Logical reasoning
• Experience in accounting, finance, accounts payable, buying,
• Basic SQL & Hadoop
or audit a plus
• Basic visualization and interpretation
• Ability to work well in an individual and team environment
• Highly proficient in spoken and written English
• Retail Acumen
Whats in it for you?
At Tesco, we are committed to providing the best for you.
As a result, our colleagues enjoy a unique, differentiated, market- competitive reward package, based on the current industry practices, for all the work they put into serving our customers, communities and planet a little better every day.
Our Tesco Rewards framework consists of pillars - Fixed Pay, Incentives, and Benefits.
Total Rewards offered at Tesco is determined by four principles - simple, fair, competitive, and sustainable.
Salary - Your fixed pay is the guaranteed pay as per your contract of employment.
Performance Bonus - Opportunity to earn additional compensation bonus based on performance, paid annually
Leave & Time-off - Colleagues are entitled to 30 days of leave (18 days of Earned Leave, 12 days of Casual/Sick Leave) and 10 national and festival holidays, as per the company’s policy.
Making Retirement Tension-FreeSalary - In addition to Statutory retirement beneets, Tesco enables colleagues to participate in voluntary programmes like NPS and VPF.
Health is Wealth - Tesco promotes programmes that support a culture of health and wellness including insurance for colleagues and their family. Our medical insurance provides coverage for dependents including parents or in-laws.
Mental Wellbeing - We offer mental health support through self-help tools, community groups, ally networks, face-to-face counselling, and more for both colleagues and dependents.
Financial Wellbeing - Through our financial literacy partner, we offer one-to-one financial coaching at discounted rates, as well as salary advances on earned wages upon request.
Save As You Earn (SAYE) - Our SAYE programme allows colleagues to transition from being employees to Tesco shareholders through a structured 3-year savings plan.
Physical Wellbeing - Our green campus promotes physical wellbeing with facilities that include a cricket pitch, football field, badminton and volleyball courts, along with indoor games, encouraging a healthier lifestyle.
About Us
Tesco in Bengaluru is a multi-disciplinary team serving our customers, communities, and planet a little better every day across markets. Our goal is to create a sustainable competitive advantage for Tesco by standardising processes, delivering cost savings, enabling agility through technological solutions, and empowering our colleagues to do even more for our customers. With cross-functional expertise, a wide network of teams, and strong governance, we reduce complexity, thereby offering high-quality services for our customers.
Tesco in Bengaluru, established in 2004 to enable standardisation and build centralised capabilities and competencies, makes the experience better for our millions of customers worldwide and simpler for over 3,30,000 colleagues.
Tesco Business Solutions:
Established in 2017, Tesco Business Solutions (TBS) has evolved from a single entity traditional shared services in Bengaluru, India (from 2004) to a global, purpose-driven solutions-focused organisation. TBS is committed to driving scale at speed and delivering value to the Tesco Group through the power of decision science. With over 4,400 highly skilled colleagues globally, TBS supports markets and business units across four locations in the UK, India, Hungary, and the Republic of Ireland. The organisation underpins everything that the Tesco Group does, bringing innovation, a solutions mindset, and agility to its operations and support functions, building winning partnerships across the business. TBS's focus is on adding value and creating impactful outcomes that shape the future of the business. TBS creates a sustainable competitive advantage for the Tesco Group by becoming the partner of choice for talent, transformation, and value creation
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