Mike Hawkings

Finance Transformation (November 2021 Current) @Tesco

Leading the transition of Finance Strategy into 6 multi-year programmes of work, establishing a management and governance framework, and mobilising the delivery of the programmes • Optimising Group Liquidity; including inhouse cash functionality, payment strategy, group liquidity structure and supplier financing including single internal bank for all business units, single interface with our banking partners, full liquidity overview and a leading sustainability supplier finance offer • Leading Goods for Resale supplier experience and robust accounts payable operations; including an enhanced approach to stock evaluation, systemised supplier onboarding and contract monitoring and a replacement Bought Ledger for the organisation • Simple Intuitive purchasing experience, improved contract audit capabilities, improving supplier risk management, faster sourcing process • Protecting Tesco with strong controls and compliance: including UK SOX, new environmental taxes and Group Risk and Audit Operating Model restructure. • Simplification of Finance Operating Model, enabling a sustainable and responsive operation, including reviewing and optimising Tesco Business Services to support target state, as well as process standardisation and automation • Leading Finance reporting analytics and insight enabling better decision making, enhanced data quality, simplified information delivery, enhanced forecasting and analytics for strategic planning