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- Tasks: Lead financial management for Engineering & Maintenance and Navigation operations at easyJet.
- Company: Join easyJet, the UK's largest airline, flying over 70 million passengers annually.
- Benefits: Enjoy up to 20% bonus, 25 days holiday, and flexible benefits.
- Why this job: Be part of a dynamic team driving innovation in a fast-paced environment.
- Qualifications: Qualified accountant with 3+ years of experience and strong analytical skills required.
- Other info: Hybrid working model based in Luton, with opportunities for personal development.
The predicted salary is between 43200 - 72000 £ per year.
Job Description – Finance Manager – Engineering & Maintenance and Navigation (16167)
Job Description
Finance Manager – Engineering & Maintenance and Navigation ( 16167 )
Description
FINANCE MANAGER – ENGINEERING & MAINTENANCE AND NAVIGATION
easyJet are currently on the lookout for a Finance Manager to join our evolving operations finance team, specifically partnering the Engineering & Maintenance (E&M) operations and Navigation operations. When it comes to innovation and achievement there are few organisations with a better track record. Join us and you’ll be able to play a big part in our highly successful, fast-paced business that opens up Europe to people so they can exercise their get-up-and-go. With over 330 aircraft flying over 1000 routes to more than 35 countries, we’re the UK’s largest airline, the fourth largest in Europe and the tenth largest in the world. Flying over 70 million passengers a year, we employ over 17,000 people. Its big-scale and we’re still growing.
TEAM
This is a really exciting opportunity working as a key member of the Operations Finance team, reporting into the Senior Finance Manager for E&M, providing financial ownership for E&M and Navigation costs and line managing a direct report. This role also sits within the wider Operations Team and is a key business partnering role.
JOB PURPOSE
> Purpose of this role is to be the end-to-end finance contact for E&M and Navigation costs and provide complete financial management and ownership for these areas
> The role provides a business partnership between the business owners and the financial performance of easyJet
> This role leads the long-term planning processes for E&M and Navigation costs, including the Business plan and the long-term strategic plan
> This includes month end deliverables, Strategic and Annual planning, Forecasts, projects and providing insightful analysis for the business
> A key aspect of this role is helping create and implement new performance KPI’s and productivity measures for multiple areas within E&M
> The role drives and monitors the cost saving initiatives that form part of the overall strategic plan
JOB ACCOUNTABILITIES
Business Partnering:
Provides a true Business Partner framework to E&M team, ensuring that the business owners are supported with the right insight and information at all times. Strong business partnering with cross functional stakeholders including wider finance team, Operations & Fleet teams to ensure seamless communication and integrity of results and forecasts.
> Business plan and long-term strategic plan for E&M and Navigation
> Supporting the cost programme strategy and delivery of initiatives
> Review and comment on monthly reporting and analysis
> Monthly Re-forecasting
> Business case evaluation and decision advice
> Ad-hoc projects
Business Performance and Analytical support :
> Ownership for monthly detailed analysis and insight into the costs, which can be used to drive business performance and improve the cost base
> Responsibility for accurate monthly forecasting into consolidated PBT model, capex forecast and review of cash flow forecasts
> Driving confidence in numbers and providing insight into risks and opportunities
> Driving continuous improvements in the operational and finance processes
> Contribute to budget process and pack for E&M and Navigation detailing variances by country & maintenance area for presentation to senior management and for procurement
> Provide financial evaluation and acts as lead decision support finance manager for ad-hoc projects and cost saving initiatives
> Management of an analyst to support the team, evaluating impacts of new deals on cost and variances
> Provide financial evaluation and acts as decision support for ad-hoc projects and cost saving initiatives
People Leadership, Relationships and Influence
As a member of the Core Finance team, the E&M Finance Manager has responsibility for
> Maintaining effective cross functional relationships.
> Providing subject matter expertise to a diverse and demanding set of stakeholders.
> Managing and mentoring junior members of the team
> Managing one direct report with a responsibility for their development, retention and talent
KEY PERFORMANCE INDICATORS & FINANCIAL TARGETS
>
Support delivery of Cost per Seat (CPS) & Cost per available seat kilometre (CASK) maintained at broadly flat and delivered to budget
>
Month End pack delivery with insight and budget variance analysis completed on time and with accuracy and clear explanations of movements
>
Support easyJet strategic projects and track benefits delivery
>
Deliver the business initiatives for each area of responsibility.
>
Support the development of in year and pipeline cost initiatives with E&M and Navigation
Requirements of the Role
COMPETENCIES
>
Ownership and Delivery . Has a clear focus to drive delivery of results, working to targets, reviewing progress and adapting their plans accordingly, motivating themselves and the team to achieve.
>
Business Performance . Understands business and external environment, is cost conscious and understands the longer term perspective and implications of decisions.Quick to learn Engineering and Maintenance business practice, cost development levers and the relevant accounting framework.
>
Innovation and Change . Is open to new ways of doing things and questions existing approaches, views change as an opportunity, comfortable working in a dynamic and ambiguous environment.
>
Building Relationships . Expresses ideas confidently and clearly, builds positive and constructive relationships with others, gets to know colleagues within their own closer team and in the business and supports them to ensure team goals are achieved.
>
Developing talent . Looks at new challenges as an opportunity to learn, takes ownership for own development and is aware of their strengths and weaknesses, looks for feedback from others about own performance.
KEY SKILLS REQUIRED
>
Qualified accountant with at least 3 years post qualified experience
>
Ability to thrive and succeed in large, complex, fast moving, dynamic organisations.
>
Excellent analytical skills with an ability to demonstrate an excellent grasp of variance analysis and drivers.
>
Manage own time across variety of tasks and projects to deliver to deadlines
>
Able to communicate and challenge effectively with key stakeholders at all seniority levels in the organisation.
>
Able to demonstrate the commercial value of Finance projects
>
Ability to explain finance clearly to non-financial stakeholders
>
A proactive team player
>
An ability to work on own initiative, and has the confidence to offer different solutions and perspectives.
>
A true self starter, with high levels of motivation and enthusiasm
>
Excellent excel skills (up to basic macros) and TM1 experience preferred
BENEFITS
>
>
Up to 20% bonus
>
25 days holiday
>
BAYE, SAYE & Performance share schemes
>
>
Life Assurance
>
Flexible benefits package
>
Excellent staff travel benefits
LOCATION & HOURS OF WORK
This full time role will be based in Luton on a hybrid working model and will be 40 hours per week.
MP2
#LI-TA1
Business Area
Business Area
Finance
Primary Location
#J-18808-Ljbffr
Finance Manager - Engineering & Maintenance and Navigation employer: easyJet Airline Company PLC
Contact Detail:
easyJet Airline Company PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager - Engineering & Maintenance and Navigation
✨Tip Number 1
Familiarise yourself with easyJet's operations, especially in Engineering & Maintenance and Navigation. Understanding their business model and financial strategies will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with current or former employees of easyJet, particularly those in finance roles. They can provide insights into the company culture and expectations, which can be invaluable when preparing for your interview.
✨Tip Number 3
Brush up on your analytical skills, particularly in variance analysis and forecasting. Be prepared to discuss how you've used these skills in past roles to drive business performance and cost savings.
✨Tip Number 4
Demonstrate your ability to build relationships by preparing examples of how you've successfully collaborated with cross-functional teams. This is crucial for a business partnering role like the one at easyJet.
We think you need these skills to ace Finance Manager - Engineering & Maintenance and Navigation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance management, particularly in engineering and maintenance sectors. Use specific examples that demonstrate your analytical skills and ability to manage costs effectively.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at easyJet and explain how your background aligns with their needs. Mention your experience in business partnering and financial analysis, and how you can contribute to their strategic goals.
Highlight Key Competencies: When writing your application, emphasise competencies such as ownership and delivery, business performance understanding, and relationship building. Use concrete examples to illustrate how you've demonstrated these skills in previous roles.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a finance manager role.
How to prepare for a job interview at easyJet Airline Company PLC
✨Understand the Business
Before your interview, make sure you have a solid understanding of easyJet's operations, particularly in Engineering & Maintenance and Navigation. Familiarise yourself with their financial performance metrics like Cost per Seat (CPS) and Cost per Available Seat Kilometre (CASK). This will help you demonstrate your knowledge and show that you're genuinely interested in the role.
✨Prepare for Technical Questions
As a Finance Manager, you'll likely face technical questions related to financial analysis, forecasting, and variance analysis. Brush up on these topics and be ready to discuss how you've applied them in previous roles. Use specific examples to illustrate your expertise and problem-solving skills.
✨Showcase Your Leadership Skills
This role involves managing and mentoring junior team members. Be prepared to discuss your leadership style and provide examples of how you've successfully developed talent in your past positions. Highlight any experience you have in building relationships across teams, as this is crucial for effective business partnering.
✨Ask Insightful Questions
At the end of the interview, take the opportunity to ask thoughtful questions about the team's goals, challenges, and the company's future direction. This not only shows your interest but also helps you assess if the company culture aligns with your values and career aspirations.
