Finance Manager – Airline Accounting & Control
This is a broad management role within finance that supports the Operations and Aviation Planning areas of TUI Airways by leading a team of accountants in providing a variety of accounting and control services. There is real scope in this role for heavy involvement in new and ongoing projects, as well as for continuous improvement across more established activities.
The Airline Accounting and Control team are part of the TUI UK&I Accounting Centre which provide accounting and control services across the various commercial businesses that make up the entire TUI UK&I organization. The Airline Accounting and Control team act as business partners to the Airline Commercial Finance teams, working together to support TUI Airways - TUI UK&I’s internal airline that operates 65 aircraft, 750 pilots, and 2,500 cabin crew and has a cost base in excess of £1bn per year.
What You will be doing:
As the Finance Manager – Airline Accounting & Control you will be responsible for promoting compliance across the Airline’s financial accounting processes, ensuring a robust balance sheet while identifying and risks and opportunities as they emerge. You will apply your strong understanding of underlying accounting policies, processes, and systems together with commercial acumen and in order to attain optimal financial outcomes for the business while preserving the integrity of the financial ledgers of TUI Airways Ltd.
This will be achieved by: maintenance of the chart of accounts; authorising journals created by the wider business; reviewing and challenging the Airline balance sheet while driving through improvements in quality and consistency of balance sheet reconciliations; leading on any technical accounting issues; deploying your expertise in supporting the Airline Commercial Finance teams through business and system changes; continuously reviewing and optimizing routine activities; and promoting a culture of continuous improvement across your team and others around you.
You will be required to assist the Airline Financial Controller with the management of the Airline relationship with the external auditors by managing the provision of schedules and supporting information, producing accounting and positioning papers to explain accounting decisions and their resultant impacts as required, and answering ad-hoc queries as they arise.
Other areas of responsibility include (but not limited to) the management and development of a team of 3 accountants; liaising with Group accounting functions to explain movements in the Airline accounts; the preparation of balance sheet forecasts including providing commentary and analysis to movements in the budget, forecast and actuals; facilitating correct intercompany accounting; providing input and challenge to the P&L forecasts and cash flow forecasts where required and assisting in work with Internal Audit to identify and correct sub-optimal internal controls and operating procedures.
What we are looking for:
- Qualified accountant with a minimum of 2 years PQE and experience of financial/management accounting and/or audit
- Strong technical accounting & analytical skills
- Good systems & process skills
- Strong knowledge of IFRS/IAS
- Excellent communication skills, both written and oral
- Good influencing skills
Working at TUI Group:
Be Yourself… Be Unique! TUI’s more than a brand, it’s who we are. Trusted – Unique – Inspiring.
We’re the leading tourism business with diverse customers and over 67,000 employees. Together, we embrace different continents and cultures. We believe travel broadens the mind. Just like our customers, we’re on a journey, of development towards a more digital, connected and integrated future. But we haven’t arrived there yet. We believe that differences drive innovation and we’re encouraging an environment where diverse talent thrives. Inclusion is fundamental to everything that we achieve and it’s our unique colleagues that will shape the future of travel.
The TUI Group includes our unique hotel portfolio, our cruise ships, our own aircraft, tour operators, travel agencies. TUI is the UK’s largest tour operator with key brands including TUI, First Choice, Marella Cruises and Crystal Ski Holidays. Our airline is the country's third largest with 62 aircraft operating to over 88 destinations in 30 countries. We have a team of more than 10,000 employees serving over 5.5 million customers each year.
Join us now and you can look forward to a competitive salary, pension scheme and further benefits including:
- Annual bonus up to 30%
- Flexible Working
- Up to 5% pension contribution
- Single cover private medical care (option to purchase for family)
- TUI share programme with 20% discount
- £500 TUI holiday concession on first year’s service (increases with service)
- 25 days holiday plus Bank Holidays (option to purchase more)
- Ongoing professional development and genuine career progression
- Company laptop
- Childcare Vouchers
- Cycle to work scheme
- Train/Bus Season ticket loan
- Discounted foreign currency and travel insurance
- Access to “Insider deals”
- 20% inflight retail discount
If this Finance Manager vacancy sounds right for you, please apply below now.