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For Companies At a Glance
- Tasks: Support finance operations and drive strategic planning for a leading airline group.
- Company: Join IAG, a top global airline group with a focus on innovation.
- Benefits: Enjoy health insurance, pension, performance bonuses, and a great work/life balance.
- Why this job: Make a real impact in a dynamic industry while developing your finance skills.
- Qualifications: University degree in Finance or Economics; part-qualified accountant preferred.
- Other info: Work in a multicultural environment with excellent career growth opportunities.
The predicted salary is between 28800 - 48000 £ 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
This role acts as a dedicated Finance Business Partner, providing financial control, rigorous scrutiny of business cases, and strategic support to operating functions. You will drive the planning and forecasting processes while ensuring transparent reporting and cost management to support the broader Finance Transformation.
Your responsibilities
- Provide finance support & challenge to the operating functions
- Be the first point of financial control for these teams, including spend vs budget, approving purchase orders, approving the recruitment
- Report on YTD spend versus budget and work with these Directors to identify mitigating actions for any forecast overspends
- Play a key role in the financial planning process, including 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 proposed for Transform; provide financial scrutiny, challenge and recommendations
- Ensure that model for recharging Transform costs to the OpCos is kept up-to-date and operate a no-surprises culture with the OpCo Finance Teams
- Support the more comprehensive Finance Transformation project
- Financial control for Transform Core functions - ensure that spend follows the correct approval flows, and is understood and clearly reported to functional Directors and Finance Director.
- Play a key role (as part of Finance Business Partnering Team) in producing regular forecasts and in the annual budget process
- Ensuring that all business cases for new work have been rigorously analysed and challenged
- Take an active role in the wider Finance Team; promote best practice and support continuous improvement
Your skills, experience and qualifications
- University degree in Finance, Economics or equivalent
- Minimum Part Qualified Accountant (ACA, ACCA, or equivalent)
- Financial evaluation, influencing, decision making, business acumen
- 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)
- 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.
Finance Business Partner in London employer: IAG Transform
Contact Detail:
IAG Transform Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Business Partner in London
✨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 you insider info and might just lead to a referral.
✨Tip Number 2
Prepare for the interview by understanding the company’s financial goals and challenges. Show us you’re not just a numbers person, but someone who can drive strategic decisions.
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex financial concepts clearly. We want to see you can engage with stakeholders at all levels.
✨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 you’re genuinely interested in joining our team.
We think you need these skills to ace Finance Business Partner in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Business Partner role. Highlight relevant experience and skills that match the job description, like financial evaluation and business partnering. We want to see how you can bring value to our team!
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 your background aligns with our goals at IAG Transform. Keep it concise but impactful – we love a good story!
Showcase Your Skills: Don’t forget to showcase your Excel skills and attention to detail in your application. If you have examples of how you've used these skills in previous roles, share them! We appreciate candidates who can demonstrate their expertise.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at IAG Transform
✨Know Your Numbers
As a Finance Business Partner, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used data to influence decisions in previous roles. This shows you can provide the rigorous scrutiny they’re looking for.
✨Understand the Business
Familiarise yourself with IAG and its operating companies. Research their goals and challenges, especially in relation to finance. This will help you build rapport and show that you're not just a number cruncher but a strategic partner who understands the bigger picture.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and ability to challenge stakeholders. Prepare examples of past experiences where you’ve had to evaluate business cases or manage budgets. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Your Communication Skills
Strong communication is key in this role. Be prepared to explain complex financial concepts in simple terms. Practice articulating your thoughts clearly and confidently, as you’ll need to engage with various teams and senior stakeholders effectively.
