Finance Manager - Reporting in City of Westminster

Finance Manager - Reporting in City of Westminster

City of Westminster Full-Time 36000 - 60000 £ / year (est.) No working from home possible
IAG Loyalty

At a Glance

  • Tasks: Lead financial reporting and control for IAG Loyalty, ensuring accuracy and continuous improvement.
  • Company: Join a dynamic team at IAG Loyalty, part of a global leader in travel and loyalty.
  • Benefits: Competitive salary, inclusive culture, and opportunities for personal and professional growth.
  • Other info: Flexible work environment with a focus on innovation and collaboration.
  • Why this job: Be part of an exciting journey, shaping the future of loyalty experiences worldwide.
  • Qualifications: Qualified accountant with strong reporting skills and a proactive mindset.

The predicted salary is between 36000 - 60000 £ per year.

Overview

We\\\'re the people behind the global loyalty currency, Avios, and home to three ambitious, growing businesses: IAG Loyalty, British Airways Holidays and The Wine Flyer. Each business has its own goals and strategy, but collectively we create brilliant experiences for our global customers. We\\\'re on a truly exciting journey of growth and transformation. This is where you come in. The successful candidate will be responsible for financial accounting, reporting and control within the IAG Loyalty business. You will co-ordinate with IAG Group operating companies to ensure accurate intra-group reporting and will play a lead role in the continuous improvement of internal processes and controls. Reporting into the IAG Loyalty Senior Finance Manager, you will have two direct reports who are responsible for the reporting, billing and settlement of Air Partner activity across all IAG operating company loyalty programmes and the end-to-end financial operations and reporting for the new Global Currency platform.

What you will be doing

  • Reporting: Carrying out month end activities, including the preparation and posting of journals within SAP; preparation of balance sheet reconciliations and subsequent reviews to challenge the reported balances; responsible for tracking intragroup balances to agree settlement balances and raise invoices; partner with relevant IAG Group operating companies on financial reporting processes; work collaboratively across IAG Loyalty, including our data teams to ensure accurate reporting, the Commercial Finance team to provide actionable insights, Payables and Receivables to ensure timely settlement with IAG Group operating companies; provide quality audit evidence for internal and external audit requests.
  • Air Partners and Global Currency: Management and development of two direct reports; review of Air Partner activity to ensure accurate and timely reporting as well as identifying trends and providing insights; overseeing Air Partner billing and settlement as well as managing relationships with our partners; managing Global Currency interline settlement activity through the IATA Clearing House, ensuring completeness, timeliness, and compliance with agreed terms; leading the finance workstream for new Global Currency partner onboarding, including setting up processes for billing, settlement, and reporting; partnering with Product, Treasury, Legal, and Commercial teams to ensure the Global Currency finance requirements are clearly defined and delivered.
  • Qualified accountant (ACA, ACCA or CIMA) with a background in reporting desirable
  • SAP experience is desirable

Qualifications and attributes

  • An ambitious individual striving to develop their knowledge and technical skills within financial reporting
  • Excellent verbal, written, numeracy and organisation skills
  • Ability to work independently, continuously seeking opportunities for change and improvement with a \\\'can do\\\'/ \\\'resolution based\\\' attitude to make these a reality
  • Innovative mindset - someone with a sense of urgency who is excited to create something new, iterate, make mistakes and learn
  • A passionate and engaging communicator, with the ability to build effective relationships and influence diverse audiences
  • Able to adapt to new situations and responsibilities, demonstrating flexibility at all times in a fast pace environment
  • Adaptable and self-motivated individual with ability to manage and prioritise demanding workloads and deadlines

Our vision, \"to create the world\'s most rewarding experiences,\" applies not only to our customers but for our colleagues too. It\\\'s about taking belonging seriously, actively fostering a culture where everyone feels welcomed and valued by embracing diverse identities, personal histories, and perspectives.

This commitment makes IAG Loyalty a rewarding place to work and enhances our ability to solve complex problems, drive innovation, and better serve our customers and communities. Please let us know if we can make any reasonable adjustments to support your interview process with us.

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Finance Manager - Reporting in City of Westminster employer: IAG Loyalty

At IAG Loyalty, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration. Our commitment to employee growth is evident through continuous development opportunities and a culture that values diverse perspectives, ensuring every team member feels welcomed and valued. Located in a vibrant setting, we provide our Finance Managers with the chance to lead impactful projects while enjoying a supportive atmosphere that prioritises work-life balance and personal well-being.

IAG Loyalty

Contact Details:

IAG Loyalty Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Manager - Reporting in City of Westminster

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like IAG Loyalty. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Finance Manager - Reporting in City of Westminster

Financial Accounting
Reporting
Control
SAP
Balance Sheet Reconciliation
Intra-group Reporting
Audit Evidence Preparation

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to IAG Loyalty.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on IAG Loyalty's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at IAG Loyalty

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with IAG Loyalty.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at IAG Loyalty will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former IAG Loyalty employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.