The UKI mainstream business takes approximately £5m customers on holiday each year, earns approximately £3.7bn in revenue per annum has 16k employees, and operates 61 aircraft and 800 shops.
This is a high profile position within the FP&A team to ensure that the results of the UKI mainstream business (P&L, balance sheet and cashflow) are accurately consolidated and that the information and analysis needs of Group, internal stakeholders and external stakeholders are met. The role will drive improvements in the reporting process and support other finance system developments whilst maintaining an appropriate control environment. It will manage the relationship with Group finance, promote collaborative team-working and improve co-ordination of activities.
What You'll Be Doing
P&L and Balance sheet and KPI reporting
Responsible for the consolidation of Flash P&L analysis and associated commentary
Responsible for the accurate consolidation of the UK&I monthly actuals, monthly forecasts, annual budget and 5YP for P&L, balance sheet and KPIs.
Review submissions for reasonableness and ensure accurate consolidation adjustments are recognised.
Consolidate and maintain the UKI risks and ops register
Cashflow reporting and forecasting
Responsible for the consolidation of the operational and accounting cashflow forecasts and ensuring alignment of both models
Responsible for collation of the FX forecast and submissions to Group treasury
Work with UKI accounting and Treasury teams to establish a process for collecting cashflow actuals data and implement a review process
Support the FP&A managers in the review of cashflow actual performance and forecast assumptions for both operational and accounting submissions
Performance review & reporting
Manage the monthly review process including monthly business unit performance reviews, monthly balance sheet review meeting and monthly cash committees
Ensure monthly review timetable is established and required inputs from sector are prepared on a timely basis
Responsible for consolidation of the UKI finance pack
Support the FP&A managers in the development of the UK&I budget presentation
Control environment
Ensure appropriate control procedures are in place to cover all processes between general ledger close to report, in particular those around HFM journal review, reconciliations between HFM and GL, and reconciliations between HFM entities
Maintain balance sheet control sheets and the reconciliation of the overall UKI balance sheet by account owner
Group reporting
Ensure all Group reporting timetables are circulated to UKI finance team and all deadlines are met
Act as the main point of contact with Group reporting & accounting team ensuring that all requests for analysis are appropriately addressed
HFM
Ensure that an appropriate and accurate ERP to HFM mapping structure is maintained
Develop HFM structure to enhance quality and transparency of reporting
Enhance the quality of HFM reporting outputs
Act as HFM champion to resolve technical issues as required
Lead HFM training and development for the team
Process improvements
Work in conjunction with the Financial Controller to develop and implement solutions to deliver month-end quicker and more efficiently moving to a shortened close timetable.
Ensure that the impact of any changes to the core ERP system on HFM/Group reporting are identified and effectively managed
External & Internal audit
Support the external audit process, in particular managing the process around preparation & review of HFM reporting packs, HFM reconciliations or other HFM analysis
What We're Looking For
Dynamic individual, looking to develop and progress quickly
Attention to detail
Organised, experience of running processes
Experience of managing teams
Minimum of 3 years experience of financial and management reporting
Qualified accountant with 3 years PQE
HFM experience beneficial but not essential
Cashflow reporting experience beneficial but not essential
Key Relationships (Internal & External contacts):
Head of FP&A Partner/consult/inform
FP&A Managers Partner/consult/inform
Commercial finance teams Partner/consult/inform
Group finance Consult/inform
Direct reports (2) Support/Development/Consult/Inform
Accounting team Partner/consult/inform
Key Behaviours required:
Customer Obsessed
Understands and anticipates customers current and future needs
Continually works to build the customer relationship
Ensures customer perspective is included in business decisions
Recommends and implements changes to add value to the customer journey
Value Driven
Gains buy-in from stakeholders and drives forward to solution
Champions change and prepares others to respond positively
Is personally accountable
Is a major contributor of ideas for change to crate exciting opportunities
Playing to Win
Has high self belief
Able to deliver to tight deadlines
Manages own emotions and supports the emotions of others self aware
Approaches all tasks with passion hungry for success
Promotes understanding of the vision and values to the wider business area
Responsible Leadership
Persuades and influences peers and senior managers in their thinking and actions
Adapts communication to match audience
Engages peers and others with objectives by setting high expectations, and encourages others to excel
Proactively seeks out feedback, receives it well and acts upon it
This job expired on 02/03/2012
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