Finance Manager, FP&A

SquareTrade; London; Hybrid; GBP 60,000 - 85,000; Full time

Job summary

SquareTrade is seeking an ambitious Manager for their FP&A team. The role involves overseeing financial planning, profitability analysis, and engaging closely with various teams to drive commercial success. Ideal candidates are detail-oriented, collaborative, and hold relevant financial qualifications. Benefits include flexible work arrangements and a respect for work-life balance.

Benefits

Paid volunteer day

Flexible work schedules

Career development opportunities

Qualifications

• Relevant professional qualification such as ACA or CIMA.
• Good understanding of US GAAP and IFRS.
• Exceptional communication skills with stakeholders.

Responsibilities

• Manage partner account profitability and financial modeling.
• Review monthly analytics reports and monitor performance.
• Participate in budgeting and forecasting processes.

Skills

Analytical skills

Interpersonal skills

Problem-solving

Excel proficiency

Education

2:1 degree or higher

ACA

CIMA

Tools

Microsoft Office

Job description

Since its entry into Europe in 2009, SquareTrade has become one of the largest and fastest-growing mobile and consumer electronic insurance providers in Europe, operating in 14 markets including the UK, France, Germany, Benelux, Spain, Portugal, Austria, Finland, Denmark, Norway, Sweden, and Hungary. The company is revolutionizing the £2bn+ market by creating a consumer-centric digital protection service focused on excellent operations, hassle-free service, and continuous product innovation. Key partners include major European telecom operators such as Magenta, 3, Telenor, YouSee, DNA, and Elisa, as well as leading consumer electronics retailers like Amazon, Phone House, and MediaMarkt.

The EU FP&A Team

The European FP&A team combines data analytics and business reporting with financial planning and profitability analysis. It oversees the implementation of EU strategies, manages the three-year strategic plan, conducts live re-forecasting, reviews partner profitability, assesses new partnerships and acquisitions, and supports risk management and decision-making processes.

Job Description

As the company continues to grow rapidly, there is an opportunity for an ambitious, hands-on Manager to help develop the FP&A team into a best-in-class function, setting it up for long-term success.

This role offers the chance to collaborate closely with Finance, Legal and Compliance, Partnership, and Operations teams. It provides variety in a fast-paced environment where you can make an immediate impact and be recognized for your contributions. You will work within a dynamic team, encouraged to identify challenges and propose solutions to improve overall performance.

Job Responsibilities

Decision Support:

• Partner account management: reviewing profitability and modeling potential changes to commercial terms (ad hoc and regular)
• Monitoring performance against targets at the partner account level
• Conducting ad hoc financial modeling, sensitivity analysis, and scenario planning to understand business changes and identify opportunities and risks

Profitability Monitoring:

• Reviewing monthly reports prepared by Analytics and monitoring variances to plan/reforecast
• Investigating movements between actual and budgeted performance, providing insights into underlying causes
• Supporting the Financial Control team during close periods to understand variances
• Maintaining and reporting on product profitability by client/tier/cohort to identify improvement opportunities or risks

Budgets, Forecasting & Operational Planning:

• Participating in the entire planning cycle, including budgets, 3-year plans, and regular forecasts
• Compiling business forecasts used for operational planning

Attributes & Profile:

• Curious and detail-oriented: passionate about asking questions, learning quickly, and adapting based on feedback
• Collaborative: comfortable working with non-finance teams to reach commercial agreements
• Meticulous: thrives on details, identifying trends and anomalies
• Ambitious: committed to achieving results and motivating others
• Hands-on: willing to engage in complex, messy situations and be the go-to person for problem-solving

Qualifications

• Excellent academic record with a 2:1 degree or higher
• ACA or CIMA qualification
• Ability to present effectively to stakeholders
• Strong understanding of US GAAP and IFRS
• Knowledge of the insurance industry is a plus
• Exceptional interpersonal and communication skills, working effectively with all levels
• Proficiency in Excel and Microsoft Office applications

Additional Information

Benefits include:

• Respect for work-life balance
• A paid volunteer day
• Flexible work schedules, including hybrid options
• Opportunities to work across different parts of the business and develop your career

SquareTrade is an Equal Opportunity Employer