Senior FP&A Manager

London, England, United Kingdom

12/20/2024

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 covenants
  
  

Cost 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 improvements
  
  

Cash 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 risks
  
  

Investment 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 meetings
  
  

Planning 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-making
  
  

MI 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 plans
  
  

Month-End Collaboration with Accounting

• Ensure Accurate Close: Work with Accounting to reconcile accounts, review accruals, and analyse variances, ensuring a smooth month-end close
  
  

External Reporting

• Support Investor & Regulator Reports: Assist in preparing reports for external stakeholders, ensuring compliance with regulatory bodies like the UK CAA
  
  

Your skillset:

• Qualified accountant with a minimum of 4 year 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 including a case study - 1.5 hours
• Meeting with the Finance Director - 30 mins