Job Details

Finance analyst

Ref
UKWTS125
Region
UK - Heathrow
Location
UK - London - Waterside
Category
Head Office Opportunities

Job Description

Closing Date: 31st July 2014
 
Job Purpose
 
Proactive provision of comprehensive and insightful financial and business information to champion recommendations relating to BA’s financial performance of the relevant business unit, to support the Finance Manager/Finance Business Partner to drive the business to achieve its financial and related productivity targets, ensure compliance with all corporate governance requirements and maintain an adequate level of internal control.
 
Job Dimensions/Measures
 
The job dimensions of the role will be specific to the BA business unit that the role supports and will include Revenue (BA and Third Party), Operating Expenditure, Capital Expenditure, and Manpower.

Principal Accountabilities

  • Present complex information in an accessible and meaningful way to focus and drive improvements in financial performance
  • Prepare and track Business Plans, Financial Plans (includes budgeting, planning and forecasting) and Local Targets using appropriate modelling techniques where required
  • Control and decision support activities – Identify, influence and implement opportunities for cost reduction and/or revenue improvement through insightful monitoring and analysis of financial performance within the assigned BA business unit
  • Carry out analysis of unit cost and productivity measures, linking operational and financial performance, to identify areas for focus/change
  • Control and management of project accounting activities within assigned BA business unit, including insight and evaluation of project success, production of business cases which facilitates key investment decisions and robust tracking to ensure project control and delivery
  • Actively build and maintain strong relationships with finance and non-finance colleagues at all levels in BA and other airlines
  • Adhere to all corporate, statutory and regulatory requirements including BA Standing Instructions, BA Financial Standing Instructions, Financial Reporting Standards and International Accounting Standards
  • Identify opportunities for process improvements via automation and standardisation and support or manage the implementation of any changes
  • Work within and promote BA’s internal audit controls environment:, implement control mechanisms, monitor, review and report against them and relevant statutory requirements. Ensure the efficient and effective implementation of appropriate actions and recommendations within the assigned BA business unit
  • Provide information, support and liaison where required to internal and external Auditors
  • Liase with Accenture as BPO Provider to provide comprehensive financial accounting, management accounting and reporting to the business. Includes: balance sheets, manpower, capital, revenue and expenditure

Key Interfaces

  • BA Management team and colleagues in relevant business unit
  • BA Finance Manager, BA Finance Business Partner or equivalent
  • BA Procurement and other BA Finance departments
  • BA internal and external suppliers

The Individual

Skills

  • Strong influencing capability in driving key decisions through to successful conclusion
  • Ability to identify impact of decisions on the business and the Company’s key performance indicators
  • Project Management skills to manage project accounting activities from identification, evaluation, and approval; monitoring and analysis until close of the project
  • Able to build and maintain strong relationships with finance and non-finance colleagues
  • Proactive, taking the initiative to explore issues and to generate new ideas and approaches
  • Gathering and Processing Information – Applying analytical and problem solving skills including the ability to manipulate, analyse and interpret financial and business data
  • Ownership and Delivery - Takes responsibility for managing and prioritising own work with the resilience to work under pressure and deliver results to deadlines
  • Flexible in approach, responding positively to change
  • Strong team player
  • Good oral and written communication skills

Qualifications

  • Degree (desirable)
  • Full professional finance qualification such as CIMA/ACCA or equivalent

Experience

  • Business awareness and commercial acumen developed through the application of finance knowledge and experience
  • Management accounting and analytical experience is required
  • Proven capability to prioritise, work under pressure and operate to tight deadlines
  • Driving continuous improvements in financial performance to deliver overall strategic business objectives
  • Able to demonstrate strong or effective influencing and negotiation skills

Expertise

  • Good understanding of finance theory and good level of practical finance experience in management accounting, financial accounting and internal controls
  • Numerate and accurate
  • Good IT skills and experience of finance systems including: Excel, Hyperion (Essbase), SAP for Engineering Systems, Business Objects, Word and PowerPoint

 

Application Process

All applicants are required to submit their CV and answer the following question. Please prepare your answer in advance:

As a Finance Analyst, you will be joining British Airways in a dynamic and challenging time. In no more than 300 words, please:

  • a) Describe the challenges currently facing the airline
  • b) Describe what attracted you to this role and British Airways
  • c) What attributes, experience and skills can you bring to the role