Head of FP&A

Posted 01 February 2024
Salary £70000 - £80000 per annum + Hybrid Working
Job type Permanent
Discipline Accounting & Finance
Contact NameJoanna Engel

Job description

Our Client seeks a Head of Financial Planning & Analysis to join their team on a permanent basis. The Head of FP&A is a newly created role due to expansion and will report into the Managing Director. The successful candidate would be a Qualified Accountant, with a key focus on establishing/improving reporting processes and collaborating closely with stakeholders. This is an exciting opportunity for an experienced and ambitious FP&A professional. The client offers hybrid working.

This is a ‘hands-on’ role which will require someone with drive and ambition to push through continuous improvement initiatives and be confident in presenting, explaining, and questioning financial information. The Head of FP&A would be a proactive individual who strives to improve process and strategy.

Duties of the Head of FP&A include:


Financial Strategy and Planning:

    • Develop and execute the company's financial planning processes, including budgeting, forecasting, and long-term strategic planning.

    • Provide insights and recommendations to senior management based on financial analysis and market trends.

Leadership and Team Management:

    • Lead and mentor a high-performing FP&A team, fostering a collaborative and innovative work environment.

    • Establish clear objectives and key performance indicators (KPIs) for the team to drive excellence in financial analysis and reporting.

Performance Analysis:

    • Monitor and analyse financial performance against key performance indicators and benchmarks.

    • Present regular reports to executive leadership, highlighting areas of opportunity and risk.

Business Partnering:

    • Collaborate with cross-functional teams, including operations, sales, and other departments, to provide financial insights and support strategic decision-making.

    • Act as a trusted advisor to senior leadership, offering financial guidance on business initiatives.

Forecasting and Modelling:

    • Develop and maintain financial models to support scenario analysis, sensitivity analysis, and decision-making processes.

    • Evaluate the financial impact of various strategic initiatives and recommend courses of action.

    • Develop stress testing scenarios that are commensurate with the business, regulatory needs, and investors to determine capital and liquidity resilience.

Regulatory Compliance:

    • Ensure compliance with relevant financial regulations, reporting standards, and industry best practices.

    • Work closely with regulatory bodies if needed.

Requirements for the Head of FP&A include:

  • Bachelor's degree and a relevant professional qualification (ICEAW, ACCA, CIMA).

  • 8 years of progressive experience in financial planning and analysis

  • Strong leadership and team management skills with a proven ability to drive results.

  • Financials services sector experience is advantageous however not essential.

  • Excellent analytical and strategic thinking capabilities.

  • In-depth knowledge of financial modelling, forecasting, and budgeting.

  • Effective communication and interpersonal skills with the ability to present complex financial information to non-finance stakeholders.

£70,000 - £80,000