At a Glance
- Tasks: Manage financial accounting, reporting, and control for IAG Loyalty.
- Company: Join the team behind Avios, driving growth in loyalty and travel experiences.
- Benefits: Enjoy a dynamic work environment with opportunities for personal and professional growth.
- Why this job: Be part of an exciting transformation journey while making a real impact in finance.
- Qualifications: Qualified accountant (ACA, ACCA or CIMA) with strong reporting skills preferred.
- Other info: We value diversity and inclusion, fostering a welcoming culture for all.
The predicted salary is between 43200 - 72000 £ per year.
Who we are ????
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 – we’re going places! This is where you come in.
The opportunity
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:
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Carrying out month end activities, including the preparation and posting of journals within SAP;
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Preparation of balance sheet reconciliations and subsequent reviews to challenge the reported balances;
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Responsible for tracking intragroup balances to agree settlement balances and raise invoices;
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Partner with relevant IAG Group operating companies on financial reporting processes;
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Work collaboratively across IAG Loyalty, including (but not limited to) 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;
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Provide quality audit evidence for internal and external audit requests.
Air Partners and Global Currency:
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Management and development of two direct reports.
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Review of Air Partner activity to ensure accurate and timely reporting as well as identifying trends and providing insights.
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Overseeing Air Partner billing and settlement as well as managing relationships with our partners.
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Managing Global Currency interline settlement activity through the IATA Clearing House, ensuring completeness, timeliness, and compliance with agreed terms.
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Leading the finance workstream for new Global Currency partner onboarding, including setting up processes for billing, settlement, and reporting.
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Partnering with Product, Treasury, Legal, and Commercial teams to ensure the Global Currency finance requirements are clearly defined and delivered.
What we are looking for:
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Qualified accountant (ACA, ACCA or CIMA) with a background in reporting desirable;
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SAP experience is desirable
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An ambitious individual striving to develop their knowledge and technical skills within financial reporting;
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Excellent verbal, written, numeracy and organisation skills;
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Ability to work independently, continuously seeking opportunities for change and improvement with a ‘can do’/ ‘resolution based’ attitude to make these a reality;
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Innovative mindset – someone with a sense of urgency who is excited to create something new, iterate, make mistakes and learn
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A passionate and engaging communicator, with the ability to build effective relationships and influence diverse audiences
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Able to adapt to new situations and responsibilities, demonstrating flexibility at all times in a fast pace environment;
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Adaptable and self-motivated individual with ability to manage and prioritise demanding workloads and deadlines.
Equity, Diversity and Inclusion at IAG Loyalty
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 employer: IAG Loyalty
Contact Detail:
IAG Loyalty Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager - Reporting
✨Tip Number 1
Familiarise yourself with SAP, as it's mentioned as a desirable skill for the Finance Manager role. Consider taking an online course or tutorial to brush up on your SAP knowledge, which will help you stand out during the interview.
✨Tip Number 2
Showcase your ability to work collaboratively by preparing examples of past experiences where you've partnered with different teams. This could include how you’ve worked with data teams or commercial finance teams to achieve common goals.
✨Tip Number 3
Highlight your innovative mindset by thinking of a time when you identified a process improvement in your previous roles. Be ready to discuss how you implemented this change and the positive impact it had on your team or organisation.
✨Tip Number 4
Prepare to demonstrate your communication skills by practising how you would explain complex financial concepts to non-financial stakeholders. This will show your ability to influence diverse audiences, which is crucial for this role.
We think you need these skills to ace Finance Manager - Reporting
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial accounting and reporting. Emphasise any previous roles where you managed teams or worked with SAP, as these are key aspects of the Finance Manager position.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific examples of how your skills align with the responsibilities outlined in the job description, particularly your ability to improve processes and controls.
Showcase Your Qualifications: Clearly state your qualifications, such as ACA, ACCA, or CIMA, and provide context on how your background in reporting makes you a strong candidate. Highlight any relevant projects or achievements that demonstrate your expertise.
Prepare for Potential Questions: Anticipate questions related to your experience with financial reporting and team management. Be ready to discuss how you've successfully collaborated with different departments and improved financial processes in past roles.
How to prepare for a job interview at IAG Loyalty
✨Know Your Numbers
As a Finance Manager, you'll be expected to have a strong grasp of financial accounting and reporting. Brush up on your knowledge of SAP and be prepared to discuss your experience with month-end activities, balance sheet reconciliations, and intra-group reporting.
✨Showcase Your Leadership Skills
You'll be managing two direct reports, so it's crucial to demonstrate your leadership abilities. Be ready to share examples of how you've successfully led teams, developed talent, and improved processes in previous roles.
✨Communicate Effectively
Strong communication skills are essential for this role. Prepare to discuss how you've built relationships with diverse stakeholders and how you can influence others. Practice articulating complex financial concepts in a clear and engaging manner.
✨Embrace Change and Innovation
The company values an innovative mindset and a 'can do' attitude. Be prepared to discuss times when you've adapted to new situations or implemented changes that improved efficiency. Show your enthusiasm for creating new processes and learning from mistakes.