At a Glance
- Tasks: Lead financial planning, budgeting, and analysis for a national consumer brand.
- Company: Join a dynamic national consumer brand focused on growth and innovation.
- Benefits: Enjoy competitive salary, career development opportunities, and a collaborative work culture.
- Why this job: Make a real impact by driving financial performance and leading a high-performing team.
- Qualifications: Qualified Accountant with significant FP&A experience, ideally in retail.
- Other info: Opportunity to mentor and develop a talented FP&A team in a fast-paced environment.
The predicted salary is between 43200 - 72000 £ per year.
HW Finance are delighted to have been retained by a national consumer brand to help appoint their new Head of FP&A.
About the Role
The Head of FP&A will be a key leadership role, responsible for overseeing and driving the financial planning and analysis function. This role will focus on providing financial insights, leading the budgeting and forecasting cycles, driving improvement in working capital and cash flow, aligning operational and financial planning, and identifying opportunities for cost efficiency and performance improvement. You will work closely with senior management to ensure that financial performance aligns with business objectives, contributing to the continued success of the business.
Responsibilities
- Budgeting
- Lead the P&L, capex and cashflow budgeting cycle across the Group, working collaboratively with senior leadership to align financial and operational plans with the business strategy.
- Lead reforecasting processes through the year.
- Develop 3-year financial statements, supporting the development of longer-term strategy for the Group.
- Ensure compensation plans for the business are aligned to budgets and remain motivational for colleagues to drive performance.
- Aligning Operational & Financial Planning
- Lead for planning across the Group, developing both an operational and financial planning cycle and working with senior leaders to understand plans and build financial statements around them.
- Understand the requirements from the wider Group and feed into business planning.
- Work with HR and operational managers to ensure that staffing and resource planning are aligned with financial and operational objectives.
- Managing P&L, Cash Flow, and Capex Outturn
- Develop an outturn process to manage deliver of financial performance across the Group.
- Support increased accountability for P&L performance through the right framework of performance meetings and reporting.
- Forward looking assessment of financial performance to identify risks and opportunities ahead of time.
- Drive improvements in working capital and cash conversion across the Group.
- Oversee the capex outturn process, ensuring that capital expenditure is effectively managed and aligned with strategic priorities.
- Providing Insight on Performance and Recommendations for Improvement
- Produce insightful analysis on the Group’s financial performance, including periodic reviews, variance analysis, and identification of key drivers impacting profitability.
- Provide recommendations to senior management on performance improvement, including initiatives to enhance profitability, optimise costs, and improve efficiency.
- Leading Cost Reduction and Improvement Programmes
- Lead and drive cost-saving initiatives across the Group.
- Identify improvement programmes to drive financial efficiencies and profitability across the group.
- Work closely with senior management to instill a culture of cost-consciousness and continuous improvement, ensuring that cost management initiatives are aligned with long-term business goals.
- Leadership & Team Development
- Build, develop, and mentor the FP&A team, fostering a high-performance culture focused on delivering insightful financial analysis, timely reporting, and strategic recommendations.
- Collaborate with other departments and business units to ensure seamless coordination between finance and operational teams, ensuring alignment of goals and objectives across the Group.
- Ensure that the FP&A team is equipped with the tools and training needed to support decision-making processes effectively, especially in a fast-paced retail environment.
Qualifications
- Qualified Accountant (e.g., ACA, ACCA, CIMA) with significant post-qualification experience.
- Extensive experience in FP&A roles, ideally within a retail or customer-facing business.
- Proven experience in leadership roles, influencing senior stakeholders, and driving organisational change.
- Recognised leader across finance functions with a track record for development.
- Familiarity with financial performance management tools.
Required Skills
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills.
- Ability to work collaboratively with cross-functional teams.
Preferred Skills
- Experience in a fast-paced retail environment.
- Proficiency in financial modeling and forecasting.
FP&A Manager | Financial Planning & Analysis employer: HW Finance
Contact Detail:
HW Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FP&A Manager | Financial Planning & Analysis
✨Tip Number 1
Network with professionals in the finance and retail sectors. Attend industry events or webinars where you can meet people who work in FP&A roles. Building relationships can lead to valuable insights and potential referrals for the Head of FP&A position.
✨Tip Number 2
Familiarise yourself with the latest financial performance management tools. Being well-versed in these tools will not only enhance your analytical skills but also demonstrate your commitment to staying current in the field, making you a more attractive candidate.
✨Tip Number 3
Prepare to discuss your leadership experience in detail. Think of specific examples where you've influenced senior stakeholders or driven organisational change, as this is crucial for the role. Highlighting your ability to mentor and develop teams will also set you apart.
✨Tip Number 4
Research the company’s financial performance and recent initiatives. Understanding their business strategy and challenges will allow you to tailor your discussions during interviews, showcasing how your skills align with their goals and how you can contribute to their success.
We think you need these skills to ace FP&A Manager | Financial Planning & Analysis
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in FP&A roles, especially within retail or customer-facing businesses. Emphasise your leadership skills and any specific achievements that align with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: Write a cover letter that directly addresses the key responsibilities of the role. Discuss your experience in budgeting, forecasting, and performance analysis, and how you can contribute to the company's financial objectives.
Showcase Analytical Skills: In your application, provide examples of how you've used strong analytical skills to drive financial insights and improve performance. Mention any tools or methodologies you've employed in previous roles to enhance financial planning and analysis.
Highlight Leadership Experience: Since this role involves leading a team, be sure to include details about your leadership experience. Discuss how you've developed teams, fostered a high-performance culture, and collaborated with senior management to achieve business goals.
How to prepare for a job interview at HW Finance
✨Showcase Your Analytical Skills
As an FP&A Manager, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis to drive financial decisions or improve performance in previous roles.
✨Demonstrate Leadership Experience
This role requires leading a team and influencing senior stakeholders. Share your experiences in leadership, focusing on how you've developed teams and driven organisational change in past positions.
✨Align Financial and Operational Planning
Highlight your understanding of aligning financial plans with operational goals. Discuss any experience you have in collaborating with other departments to ensure that financial strategies support overall business objectives.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, especially regarding budgeting and forecasting. Prepare to discuss how you would handle specific financial challenges or improve cash flow in a retail environment.