loveholidays
Job title:
FP&A Manager
Company
loveholidays
Job description
Why loveholidays?At loveholidays, we’re on a mission to open the world to everyone, giving our customers’ unlimited choice, unmatched ease and unmissable value for their next getaway. Our team is the driving force behind our role as our customers’ personal holiday expert – the smart way to get away.The impact you’ll have:To support loveholidays’ goal of becoming Europe’s largest dynamic package holiday operator, this position will be instrumental in all things related to Financial Planning & Analysis as the business shifts from scale-up to scale-out.We need to develop our budgeting and forecasting process to ensure we constantly set challenging targets across our business (Selling, Managing, Scaling and Enabling functions), and invest resources in the right places at the right time to drive growth and profitability. The role is based in London and will report into the Head of FP&A.The Role:Budgeting & Forecasting– Annual Budget & Quarterly Forecasts: You’ll be involved in gathering data, setting financial assumptions, and building models covering P&L, balance sheet, and cash flow to create accurate financial plans– Rolling Forecasting: Support the shift to rolling forecasts, allowing the company to continuously update financial projections based on current performance, improving agility– Financial Analysis Across Statements: Conduct comprehensive analysis across P&L, balance sheet, and cash flow, ensuring alignment with financial goals and compliance with liquidity covenantsCost Base Management– Cost Base Submissions: Oversee preparation and timely submission of the cost base, tracking both operational and capital expenses– Challenge Cost Creep: Analyse rising costs, identify inefficiencies, and work with departments to implement solutions for cost control– Strategic Cost Analysis: Use various methods to analyse the cost base, providing actionable insights for decision-making and efficiency improvementsCash Flow Forecasting– Collaborate with Treasury: Develop cash flow forecasts to ensure sufficient liquidity for operations and initiatives, reviewing cash inflows/outflows and debt obligations– Ensure Liquidity & Working Capital Compliance: Monitor working capital and ensure the company meets liquidity covenant requirements to avoid financial risksInvestment Committee– Process: Coordinate communication, ensure timely preparation of documentation, and manage the process of investment proposal reviews– Update Policies & Manage Timelines: Keep investment policies current with business strategy and set timelines for submission and review of investment cases– Facilitate Business Case Creation: Collaborate with departments to build detailed, data-driven business cases for investments, ensuring alignment and approval in monthly meetingsPlanning Tool – Anaplan– Maintain & Optimise Anaplan: Support the development and configuration of the Anaplan tool, ensuring it aligns business strategy with financial planning– Link Strategy to Financial Performance: Ensure Anaplan effectively connects strategic goals to financial outcomes, aiding leadership in data-driven decision-makingMI Reporting– Report Creation: Assist in producing weekly and monthly reports that track performance, offering concise, insightful analysis– Analyse Performance Against Targets: Provide detailed analysis of the cost base vs. targets, highlighting key drivers like variable costs and hiring plansMonth-End Collaboration with Accounting– Ensure Accurate Close: Work with Accounting to reconcile accounts, review accruals, and analyse variances, ensuring a smooth month-end closeExternal Reporting– Support Investor & Regulator Reports: Assist in preparing reports for external stakeholders, ensuring compliance with regulatory bodies like the UK CAAYour skillset:
- Qualified accountant with a minimum of 2 post-qualified experience
- +3 years of experience in financial planning and analysis or a similar role
- Strong financial modelling and analytical skills
- Proficiency in financial software applications, such as Anaplan
- Knowledge of accounting principles and financial statement analysis
- Good communication and interpersonal skills
- Ability to work independently and collaboratively in a fast-paced environment
- Strong attention to detail and problem-solving abilities
- Extremely diligent and delivers on time and gets things right first time
Perks of joining us:Other than an amazing environment for you to grow, have impact and show the world your incredible skills, we offer the following benefits:
- Company pension contributions at 5%
- Individualised training budget for you to learn on the job and level yourself up
- Discounted holidays for you, your family and friends
- 25 days of holidays per annum (plus 8 public holidays) increases by 1 day for every second year of service, up to a maximum 30 days per annum
- Enhanced maternity/paternity leave
- Cycle to work scheme, season ticket loan and eye care vouchers
At loveholidays, we focus on developing an inclusive culture and environment that encourages personal growth and collective success. Each individual offers unique perspectives and ideas that increase the diversity and effectiveness of our teams. And we value the insight and potential you could bring on our continued journey.The interview journey:
- Talent Acquisition Screening call – 30 mins
- 1st Stage with Head of FP&A via video call – 45 mins
- 2nd Stage in-office with Head of FP&A including other key stakeholders – 1 hour
- Meeting with the Finance Director – 30 mins
At loveholidays, we’re on a mission to open the world to everyone, giving our customers’ unlimited choice, unmatched ease and unmissable value for their next getaway. We are a super fast growing travel-tech business who have been on an amazing journey from start-up to scale out – with over 400 people, and selling amazing holidays to over 4 million passengers!We have big ambitions over the next 5 years – with a vision to be Europe’s #1 holiday provider. Come join us on this exciting journey!
Expected salary
Location
London
Job date
Sat, 26 Oct 2024 02:17:52 GMT
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