Company Description
Who We Are
Since its entry into Europe in 2009, SquareTrade has gone live in 14 markets in Europe (UK, France, Germany, Benelux, Spain, Portugal, Austria, Finland, Denmark, Norway, Sweden and Hungary) as one of the largest and fastest growing mobile and consumer electronic insurance providers in Europe. The company is revolutionising and disrupting the £2bn+ market whilst setting the service standard in Europe by creating the most consumer-centric digital protection service, obsessed with best-in-class operations and technology, hassle-free service, and driving pace and product innovation in an industry that has lagged behind others. Partners include major European telecom operators such as Magenta, 3, Telenor, YouSee, DNA and Elisa as well as leading consumer electronics retailers including Amazon, Phone House and MediaMarkt.
Job Description
The EU FP&A Team
The European FP&A team combines data analytics & business reporting with financial planning and profitability. We take an end-to-end view of the business operations and finances. The team has a wide range of responsibilities which includes implementation of EU strategy, ownership of our strategic 3-year plan, live re-forecasting, review of partner profitability, assessment of new partnership & acquisitions, risk management and decision support for various business units.
What is great about this role
You will make a big impact! As the company continues to grow at a rapid rate, there is an opportunity for an ambitious and hands-on Manager to assist in the development of the FP&A team to be a best-in-class function and set up for long-term success.
This position provides ample opportunities to collaborate closely with the wider Finance, Legal and Compliance, Partnership and Operations teams. As we look to continue with SquareTrade’s exponential growth, the role offers lots of variety in a fast-paced environment where you won’t get bored!
You will be able to make an impact quickly and your hard work will be rewarded. You will work in a dynamic team and be encouraged to identify problems and bring your own solutions to improve the overall performance of the team.
Decision Support:
- Partner Account Management in reviewing profitability of existing accounts and modelling potential changes to commercial terms (ad hoc and regular)
- Monitoring performance against targets at a partner account level
- Ad hoc financial modelling through sensitivity analysis and scenario planning to understand business changes / identify potential opportunities and risks
Profitability Monitoring:
- Reviewing monthly reporting prepared by Analytics and monitoring variance to Plan/Reforecast
- Identify and investigate movements between actual and budgeted performance, providing insights into underlying causes
- Supporting the Financial Control team during close periods to understand variances to Plan
- Maintain and report on product profitability by client/tier/cohort to identify improvement opportunities or risks to Plan
Budgets, Forecasting & Operational Planning:
- Detailed involvement in the entire planning cycles (budget, 3-year planning, regular forecasts)
- Compiling the business forecasts used for Operational planning
Qualifications
Attributes & profile:
- Intellectually curios and detail-oriented: You’re passionate about asking questions, quickly ramping up, and remaining agile as you receive feedback from business owners
- Collaborative: You are comfortable working with non-finance team members to agree commercial decisions
- Meticulous: Details, details, details… you thrive when living in the weeds and are constantly sourcing for trends and aberrations
- Ambitious: You’ll go above and beyond to get results (and you’re able to motivate other to do the same!)
- You’ll get your hands dirty: You’re not afraid to jump into confusing, messy situations. You love being the go-to person for getting things done
Qualifications, Skills & Experience:
- Excellent academics and a 2:1 degree or above
- Demonstrated ability to present to key stakeholders
- Solid understanding of US GAAP and IFRS
- Strong insurance industry knowledge
- Outstanding interpersonal and communication skills dealing as well with junior team members than with the senior leadership team.
- Excel skills required, along with a strong knowledge of Microsoft Office applications.
Additional Information
All your information will be kept confidential according to EEO guidelines.
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