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Head of Finance
  • United Kingdom - Bedfordshire - Luton -
1 year ago
Head of Finance
Permanent,Full-time
Job Description

You will be required to demonstrate cost stewardship whilst driving forward the delivery of aircraft lifecycle optimization initiatives. You will be responsible for the provision of financial information and high-quality support on all aspects of finance, including 3-year strategic plans, budgetary ownership, capital investment and business case development, performance evaluation, forecasting, and driving the business to deliver financial commitments. In addition, you’ll need to champion change and support the transition from region to function led. This is a key leadership role that will help to shape and influence the strategic direction and behaviors within the company Finance function, and will be required to deputies for the Head of Engineering & Analytics Finance where applicable.

You’ll be responsible for:

  • Leading and delivering the budget & 3 year planning cycle outputs for Maintenance Reserves across all five airlines.
  • Work closely with the Engineering & Fleet teams to continually optimism the maintenance strategy on out company Fleet from a financial perspective of the lifecycle of the aircraft.
  • Lead all key contract negotiations, financial analysis, and business cases from a finance perspective with both key suppliers and Aircraft Lessors.
  • Driving a culture of cost efficiency across all business areas within role remit and leading on projects within the company Function & across Airline Finance.
  • Leading and driving a culture of strong financial controls, compliance, and adherence to regulatory frameworks; ensuring adherence to governance mechanisms for investments and capital expenditure, as well as owning the quarterly audit process within the AOCs in relation to all Maintenance reserves.
  • Leading by example to develop and implement a high performing team culture across a pan European function, supporting with performance and promoting talent through succession planning
  • Embedding a culture of continuous improvement in order to remove waste from processes and drive harmonization across the entire Finance team whilst championing digitalization activities.
  • Interfacing with the AOC and FP&A finance teams to provide robust financial information to support both functional and regional reporting requirements for forecast, actuals & plan processes
  • Providing leadership, strategic context, and guidance to a high performing team through developing and shaping a clear structure, providing direction to a wide team, and developing cultural awareness and understanding of the TUI Airline strategy
  • Coach your team and drive high performance and personal development at all levels
  • Leading by example, you will build management capability within your teams, reviewing your organization and talent to support appropriate development opportunities for your team
  • Ensure your team understand the importance of leadership development by acting as a role model in making time for, and showing commitment to, your own development as a leader
  • Ensure solid, authentic, and robust employee engagement within your team
  • Our people are our most important asset and engaging and motivating your wider international team to fulfil their potential will be a priority
  • Deliver innovative and creative engagement solutions to create a cohesive and change ready community
  • Ensure managers are recognized as leaders in the business and are accountable and credible in their roles
  • Design and implement the structure, framework, and environment to ensure the right people are in the right roles, identify future talent, and cultivate an atmosphere aligned with our values
  • Accelerate a data driven and data led decision making approach and create the environment and culture to enable continuous improvement in the operations with a focus on value and efficiency
  • You’ll be expected to champion and promote collaboration in person and virtually

Required Knowledge, Skills, and Abilities
  • Experience qualified accountant (5 yrs. PQE – preferably ACA or equivalent) or
  • European university degree in business administration or similar, preferably with a focus on finance or controlling, and several years of experience working in finance/controlling
  • 5+ years’ team leadership experience
  • Experience in setting and achieving strategic objectives and in supporting colleagues across all functions
  • Ability to strategize and solve problems using analytical approach
  • Possess the gravitas to ensure credibility demonstrated at all levels of the business
  • Demonstrable achievements in driving profit/cost and performance improvements, developing and driving strategy and commercial decision making
  • Able to produce and deliver high impact presentations of key performance information to all levels of the business
  • Ability to develop great working relationships internally and externally
  • Excellent communication skills (both written and oral) and influencing skills
  • Experience of working in a fast-paced, complex, matrix environment
  • Role requires strong business English, both spoken and written, and may involve some international travel

Reference no: 107309

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