At a Glance
- Tasks: Analyse supplier costs and drive financial planning across IAG.
- Company: Join IAG Transform, part of a leading global airline group.
- Benefits: Enjoy health insurance, pension, performance bonuses, and work/life balance.
- Other info: Work in a multicultural environment with excellent career growth opportunities.
- Why this job: Make a real impact in a dynamic industry focused on sustainability.
- Qualifications: Degree in Finance or Economics; 5+ years experience required.
The predicted salary is between 55000 - 65000 £ per year.
About Us
We are part of International Airlines Group (IAG), one of the world’s leading airline groups and owner of some of the biggest brands in the sky. IAG Transform provides creative and innovative solutions to drive sustainable transformation by delivering procurement and airline services, as well as group-wide systems across IAG. Each operating company benefits from the Transform centralised model, driving efficiencies, automation, and economies of scale.
Purpose of the role
To analyse the Supplier Cost performance across IAG at the most granular level, identifying trends and key movements; to work closely with the Procurement teams in IAG Transform to understand status of savings and initiatives and risks to delivery; to liaise with OpCo finance teams to reconcile P&L impact of initiatives, align supplier cost reporting to IAG MC and understand/analyse future risks to the cost base; play a key role in the financial planning process and the delivery of Supplier Cost savings across IAG and within Procurement. This includes forecasting, budgeting and the strategic five-year plan; build good working relationships with these teams and understand both their short-term goals and longer-term objectives – act as a right business partner across the complete breadth of their activities, assessing the financial impact of decisions being taken and challenging where appropriate; evaluate business cases for extended scope/new activities; provide financial support with financial modelling; challenge and provide recommendations.
Accountabilities
- Delivery of Supplier Cost savings and targets from the procurement team
- Robust reporting framework to provide granularity and insight to IAG MC on a monthly basis
- Performance and delivery of Procurement Supplier Cost initiatives vs. targets
- Take an active role in the wider Finance Team; promote best practice and support continuous improvement
Key Relationships/Interfaces
- Management Committee Directors & their Leadership Teams
- Other IAG Transform Finance Business Partners
- OpCo Finance Teams
Required Skills, Qualifications & Experience
- University degree in Finance, Economics or equivalent
- Minimum Qualified Accountant (ACA, ACCA, CIMA or equivalent) 5+
- Financial evaluation, influencing, decision making, business acumen
- Hands‑on experience with spend analysis, cost transparency or procurement‑related analytics
- The ability to build excellent working relationships across multiple teams and locations
- Strong communication skills
- Confidence in challenging senior stakeholders when appropriate
- Excellent Excel skills and attention to detail
- Ability to work both autonomously and as part of a team, as circumstances require
- Business Partnering experience (even if gained outside of a business partnering role)
- Previous exposure to business cases would be beneficial
- Knowledge of Finance Operations (P2P, RTR, OTC etc.) would be an advantage
What we offer
The chance to enjoy a challenging career in an exciting, fast-moving environment in a dynamic industry. The opportunity to work in a multi-cultural environment with great offices in many locations. We support our people in maintaining work/life balance, as well as providing the many benefits one would expect from a global organisation, including health insurance, pension and performance bonuses.
We are an equal opportunities employer and all qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
IAG Transform is a part of International Airlines Group (IAG). IAG is one of the world’s largest airline groups with 600+ aircraft carrying more than 122 million customers to 260 destinations across 91 countries each year. IAG brings together leading airline brands Aer Lingus, British Airways, Iberia, Level, Vueling. These are supported by IAG Loyalty that spans all its airlines and beyond, offering the global currency Avios and including BA Holidays, and IAG Cargo which delivers vital goods and produce around the world. These businesses are complementary to its core airline businesses. As the first airline group globally to commit to net zero by 2050, sustainability is a core part of IAG’s strategy. IAG Transform plays a critical role in driving transformation across IAG and the aviation industry, through expertise and capabilities in procurement, technology, AI, innovation, and transformation. We are based in London, UK, with a presence in Dublin, Madrid, Barcelona and Kraków. With us, your work will create real impact, from everyday improvements to breakthrough change that reshapes the way the world flies.
Finance Business Partner employer: IAG Transform UK
At IAG Transform, we pride ourselves on being an exceptional employer, offering a dynamic and multicultural work environment in the heart of London. Our commitment to employee growth is evident through our robust support for work/life balance, comprehensive benefits including health insurance and performance bonuses, and opportunities for professional development within one of the world's leading airline groups. Join us to make a meaningful impact in the aviation industry while collaborating with talented professionals across various locations.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Business Partner
✨Tip Number 1
Network like a pro! Reach out to current employees at IAG or in similar roles on LinkedIn. A friendly chat can give us insider info and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by understanding IAG's values and recent news. We want to show that we’re not just interested in the role, but also in the company’s mission and future.
✨Tip Number 3
Practice your financial modelling skills! Be ready to discuss how you’ve used these in past roles. We need to demonstrate our analytical prowess and how it can benefit IAG.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows we’re serious about joining the team.
We think you need these skills to ace Finance Business Partner
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance Business Partner role. Highlight your relevant experience in financial evaluation, procurement analytics, and business partnering. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to IAG Transform. Be sure to mention any specific projects or achievements that showcase your expertise.
Showcase Your Communication Skills:Since strong communication is key for this role, make sure your application reflects your ability to convey complex information clearly. Whether it's through your CV or cover letter, we want to see how you can engage with various stakeholders.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at IAG Transform!
How to prepare for a job interview at IAG Transform UK
✨Know Your Numbers
As a Finance Business Partner, you'll need to be comfortable with financial data. Brush up on your spend analysis and cost transparency skills. Be ready to discuss specific examples of how you've used data to influence decisions or drive savings in previous roles.
✨Build Relationships
This role requires excellent relationship-building skills. Think about how you can demonstrate your ability to connect with various teams. Prepare anecdotes that showcase your experience in collaborating with procurement teams or finance departments to achieve common goals.
✨Challenge with Confidence
You’ll need to challenge senior stakeholders when necessary. Practice articulating your thoughts clearly and assertively. Consider scenarios where you’ve had to push back on decisions and how you managed those conversations effectively.
✨Excel Skills are Key
Strong Excel skills are a must for this position. Make sure you're familiar with advanced functions and data analysis techniques. You might even want to prepare a quick demonstration of your Excel capabilities if the opportunity arises during the interview.
