Senior FP&A Manager, loveholidays
3+ days a week in office
Holiday booking service
Be an early applicant
Holiday booking service
201-500 employees
Be an early applicant
3+ days a week in office
201-500 employees
Company mission
Loveholiday's mission is to create the ultimate online travel experience.
Role
Who you are
- 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
What the job involves
- 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
- Report into the Head of FP&A
- 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
- 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
- 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
- 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
- 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
- Ensure Accurate Close: Work with Accounting to reconcile accounts, review accruals, and analyse variances, ensuring a smooth month-end close
- Support Investor & Regulator Reports: Assist in preparing reports for external stakeholders, ensuring compliance with regulatory bodies like the UK CAA
Application process
- 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
Salary benchmarks
Our take
Travel, both domestic and overseas, has been a huge part of the British economy since the late 20th century. In 2019, UK residents spent £43 billion on foreign holidays - almost double the amount spent a decade before.
Despite travel companies suffering considerable reputation damage back in 2020, as they struggled to refund customers whose booked holidays were suddenly cancelled, the appeal of companies like loveholidays to holidaymakers will undoubtedly endure seeing as they make the process of booking holidays much easier.
In the nearest future, loveholidays will need to focus on maintaining its reputation, especially given the wide array of direct competitors who could steal market share. At present, however, loveholidays is still one of the fastest growing online travel agents. If it can keep up the practices which have brought it success over the past 10 years, loveholidays is still in a good position to keep its growth strong for few years to come.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
44% female employees
39% employee growth in 12 months
Company
Employee endorsements
Opportunities to learn
"The company has made a deliberate decision to invest in great engineers and give us the autonomy and accountability to pick the best tool for the..."
Funding (2 rounds)
Oct 2016
$3.8m
EARLY VC
May 2011
$2.6m
EARLY VC
Total funding: $6.4m
Company benefits
- Discounted holidays for you, your family and friends
- 25 days of annual leave + bank holidays
- Company pension contributions at 5%
- Individual training budget for courses, seminars and memberships to professional bodies
- High degree of autonomy in a strong collaborative environment
- Cycle to work scheme, season ticket loan and eye care vouchers
- Hybrid working with 3 days working in our office (London) and 2 days WFH per week
- Sustainably sourced fruit baskets in the office kitchen
- Increased annual leave for long service
- Ability to buy and sell annual leave
- Enhanced maternity pay = 6 weeks of full pay and 20 weeks at 50% pay
- Enhanced paternity pay = 4 weeks of full pay
Company values
- We are entrepreneurs - We’re proudly commercial, we do more with less, we own the decisions we make and the actions we take
- Everything is written in pencil - As we grow, we think smaller, act quicker and continuously evolve the way we organise our work
- We organise for speed - A flat structure with small teams, allows us to move quickly
- We believe in Team - We’re all in it together
Company HQ
Hammersmith, London, UK
Articles
Leadership
Jonny Marsh
(Non Executive Director)An engineering graduate from the University of Bath, Jonny is also the founder and ex-CEO of nmqa Ltd and co-founder of travelmatch. He served as Loveholiday's COO until 2019.
Alex Francis
(Non Executive Director)Founded travelmatch in 2007 and then loveholidays in 2012, quickly becoming the fastest growing business in the UK by 2019. Now acting as a non-exec for the business since stepping down as CEO in 2020.
People progressing
Joined as UX/Design Manager in 2011, promoted 3 times in 10 years to current position of Lead User Researcher, having previously worked as Senior Product Designer.
Diversity, Equity & Inclusion at loveholidays
Clodagh Beatty (Head of Talent Management, Learning & DE&I)
- We recently hired a Head of L&D, Diversity, Equity & Inclusion to support us in our ongoing commitments to creating an inclusive environment, as well as providing growth opportunities for all our employees
- We want all applicants to feel they can belong at loveholidays
- We have employees from all walks of life and we are only interested in assessing your skills, attitude and talent!
- We support Employee Resource Groups - recently launched our Women's Network at loveholidays
Share this job
View 23 more jobs at loveholidays