Finance and Administration
Our Finance Team has an important responsibility partnering with the business units to assist and support business decisions as well as in ensuring accurate and timely reporting of the financial results of the various parts of the total business. The team in New Zealand also works closely with the Finance Shared Services within the Group and plays a key role in linking with Shared Services and Corporate. The Finance Team is made up of Corporate Reporting, Treasury, Property and Project Accounting, Fixed Asset Accounting, and Business Support.
As you would expect being part of a Supermarket business the environment is fast paced, constantly changing and customer focused. The positions range from clerical to the head of finance in New Zealand, with the majority of Finance roles being in Business Support.
The Business Support team are mainly in business analyst roles, where as well as being able to handle large amounts of data the ability to work alongside your internal customers and understand their business is crucial. The Business Support team provides financial analysis and insight to most parts of the business including Store Operations, Merchandise, Logistics, Production Facilities and Marketing. In addition a key responsibility is review of business cases to ensure good financial outcomes.
Corporate Finance personnel are responsible for ensuring compliance with statutory reporting requirements, regular reporting to the parent company, and performing the daily treasury functions involving managing cash flows and foreign currency. The team have other areas of responsibility including management of matters pertaining to company income tax and the other tax-related obligations of the group, and the liaison with our insurers.
Property and Project Accounting section of the Finance Team works closely with the personnel of the Property Department providing them with financial services for the range of activities that department undertakes in regard to the property aspects of the whole group. This support includes processing and reporting on the substantial capital expenditure involved in construction and fitout of new stores as well as the projects refurbishing existing stores.
Fixed Asset Accounting team’s principal role is to maintain the Fixed Assets register for all of the business units. The support provided to the group also includes maintaining the controls which ensure expenditure on business asset additions and replacements has been properly authorised. We are an approved training organisation for those wishing to complete their Chartered Accountant qualification.