Financial Control and Benefits Lead
Job ID: 010115
Location: Leeds, UK, LS1 8EQ
Job type: Permanent - Full Time
Salary: Up to £55,000 Dependant upon Experience + Bonus & Benefits
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Financial Control and Benefits Lead Supply Chain Operations
Take the lead in financial governance and benefits management as our new Financial Control and Benefits Lead in the Supply Chain Operations team. Reporting directly to the SCM Operations Manager, this is a high-impact role where you’ll drive financial transparency, deliver actionable insight, and shape the way we manage budgets, benefits, and supplier financial risk. We offer genuine ownership, career development, and a strong employee value proposition, with flexibility and support to help you thrive
About the role
As Financial Control and Benefits Lead, you’ll:
- Improve financial transparency and control, ensuring budgets, forecasts, and benefits are accurate, trusted, and aligned across SCM and Finance.
- Strengthen financial governance and risk management through early identification of supplier financial risks, accurate reporting, and robust controls.
- Enhance strategic decisionmaking enabled by highquality insight, credible benefits data, and clear evidencebased recommendations.
- Create greater efficiency and consistency in financial processes, benefits tracking, and reporting through continuous improvement and stronger disciplines.
- Manage effective prioritisation and delivery across the SCM pipeline by maintaining visibility of opportunities, dependencies, and benefits realisation timing.
What you'll do
Benefits Management & Insight
- Manage the SCM benefits pipeline, all inflight initiatives, and savings trackers to ensure accurate and timely visibility of benefits delivered by SCM.
- Provide insight and analysis to inform prioritisation, forecasting, and strategic decisionmaking.
- Apply the Savings Methodology consistently to ensure benefits are transparent, credible, and assured.
Financial Oversight & Control
- Oversee SCM departmental budgets, ensuring accurate tracking, forecasting, and variance management.
- Work closely with Finance to align reporting, reconcile benefits, and maintain rigorous financial control.
- Identify financial risks and opportunities and escalate where appropriate.
- Review supplier financial information, including credit reports and financial statements.
- Interpret financial indicators and identify potential warning signs of instability.
- Escalate highrisk findings and support decisionmaking on mitigation measures.
Performance Reporting & Governance
- Produce regular dashboards, reports, and commentary for SCM leadership, Finance partners, and governance forums.
- Maintain clear audit trails, supporting documentation, and reporting standards for benefits, budgets, and pipeline controls.
- Support governance cycles by providing highquality financial and performance insights.
Pipeline & Portfolio Coordination
- Coordinate the capture, review, and prioritisation of SCM opportunities and projects.
- Maintain visibility of delivery progress, dependencies, and timing for benefits realisation.
- Support forward planning, budgeting cycles, and longterm benefits forecasting.
Continuous Improvement
- Improve processes for financial tracking, benefits reporting, and data management.
- Enhance tools, templates, and reporting approaches to increase accuracy and efficiency.
- Promote strong data quality, consistency, and discipline across SCM.
About you
You’ll bring experience in financial analysis, business planning, or benefits tracking, and be passionate about driving financial control and insight.
- Experience in financial analysis, business planning, or benefits tracking
- Demonstrated experience managing budgets, forecasts, or financial controls.
- Experience working within a procurement, change, finance, or portfolio management environment.
- Ability to assess supplier financial information (e.g., credit scores, financial statements) and identify risks.
- Understanding of financial risk indicators and duediligence processes.
- Experience using procurement or financial systems (e.g., SMART, Oracle) and proficiency with spreadsheet and reporting tools (e.g., Excel, Power BI, or similar).
- Understanding of cost reduction, cost avoidance, and benefits methodologies.
- Knowledge of sourcing, procurement processes, or supply chain environments.
- Experience supporting governance forums or reporting cycles in a regulated environment.
- Strong communication skills for presenting financial insights to nonfinancial stakeholders.
About Our Benefits
Everyone’s different. That’s why we offer a wide range of benefits and rewards that we think you’ll love – whatever’s important to you, and whatever stage of life you’re at. Such as…
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Our pension scheme (where you can get up to 11% from us)
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On target bonus of 7% (with the opportunity to earn up to a maximum 15%)
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Access to brilliant health benefits
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Life assurance at 6 times your salary
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25 days’ holiday (and the option to buy more)
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Cycle to work or an interest-free loan for an annual ticket
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Wellbeing resources and tools
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Retail and Leisure discounts
Learning & Development
Everyone can build a career path they love here. And that’s because we offer a wide range of programmes, opportunities and more to help you learn, grow, and develop – and reach your full potential.
These include...
- Personal Growth Toolkits - a range of materials that help you discover your strengths, identify your goals, and your next steps.
- Secondment and Stretch opportunities – helping you gain experience in different areas of our business and new ways of working.
- Learning Champion Network – opportunities to work outside of your immediate area and build new skills.
- Apprenticeships and Professional Qualifications – a range of brilliant apprenticeships and programmes available to everyone.
- REACH Diverse Leadership Programme – helping our Black, Asian and Ethnically Diverse leaders progress into senior leadership roles.
Our Colleague Networks & Groups
Our Vision is to be a leading organisation that embraces diversity, champions equity, and creates an inclusive environment where all individuals regardless of their background or identity feel valued, empowered and supported.
Our Colleague Networks and Groups are designed to amplify the voices of diverse groups and provide a structured route to effect real change. They provide a safe space and use colleague feedback to support the progression of our DEI Strategy. Our eight networks and groups are:
Community and Charity
Ever since we started back in 1864, we’ve had a clear purpose – to do some good in our communities through helping people keep their savings safe. And helping everyone have a place to call home. Today, that purpose is still a huge part of who we are. And every one of our colleagues helps that happen.
We’re committed to volunteering our time, resources, skills and knowledge – more than 50% of colleagues contribute to thousands of volunteer hours every year. And our Charitable Foundation has now donated over £9 million to charities and good causes across the country.
Our ways of working
We know there’s no single right way of working that fits everyone. That’s why we’re not trying to find one. Instead, we’re doing everything we can to make sure that when we’re working flexibly, together and apart, we’re working at our best. And help our colleagues get the most out of work, and take care of themselves, wherever they’re working.
Whether you’re in an office-based team or your team is spread across the country, you’ll have lots of chances to get together with your colleagues for those Moments that Matter – which are all about building wonderful relationships and strong bonds with your colleagues.
Find out more about our Ways of Working here:Similar Roles
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