Senior Finance Manager - FP&A Cash & Working Capital - (Hybrid Working Model)

Date: 16 Sep 2023

Location: London, GB, EC1A 1AA

Company: Royal Mail Group

Job reference number 293688

Senior Finance Manager - FP&A Cash & Working Capital - Chesterfield or London (Hybrid Working Model)
Salary Competitive 
£4,000 car allowance or £3,500 cash equivalent 
Annual Bonus potential
Single Person Private Healthcare 
Company Pension Scheme with competitive contribution rates
Generous annual leave offering of 27.5 Days plus Bank Holidays increasing to 30 days after 10 years service

Full Time

Location: This will be a Hybrid Working Role, we encourage applications from candidates across the UK, however travel is required to your nearest office either Chesterfield or London three days per week.



Are you an FP&A professional looking to join a fast paced and innovation-driven company that will inspire you? 


The world is changing fast, and our industry is changing with it. In Royal Mail our vision is to be recognised as the best delivery company in the UK and Europe. We continue to transform our business and look forward to the future. We need your help to drive this transition.


This is a new role that sits within Royal Mails Finance function. We are looking for a talented, committed FP&A professional with Cash & Working Capital experience to join our Finance team and help us shape the face of Royal Mail for the Future. 

About the role
As Senior Finance Manager in the FP&A team, your primary focus will be on Cash & Working Capital. You'll be responsible for creation, management and control of the cashflow budget - both including forecatsing and variance analysis to actuals.


You will coordinate and manage stakeholders for weekly reporting to the Board, consolidating short-term cash flow forecast with Treasury that feeds into a longer-term view. You will work closely with other members of the FP&A team, finance shared services, and other senior stakeholders to help provide the business with cash and working capital insight, visibility and foresight. You will help identify risks and opportunities around cash, working capital and beyond, to inform process and control improvements. This is a multi-dimensional role – one that requires strong analytical acumen, stakeholder management, and the ability to articulate output to Board-level audience. You will focus on in-year delivery and long-term strategic planning of the Balance Sheet & Cash Flow, for working capital, and deputise for Finance Director in forums where cash is an agenda item.


You will lead on expert reporting and forecasting across the Balance Sheet and Cash Flow statements, supporting the business and treasury, in managing direct cash flow, working capital, investment spend and debt obligations. The output provides vital management information to aid Board-level decision making.


You’ll lead on the production and delivery of financial planning outputs and communicating the financial plan to stakeholders and lead on board-level deliverables.

You’ll apply your expert knowledge and experience to develop our forecasting capabilities, improve forecast accuracy and create insightful reporting for our executive leadership teams.

This will require strong knowledge of financial planning principles, financial modelling expertise across financial statements.  You will work collaboratively with stakeholders across Finance to gather inputs and ensure the outputs are grounded and commercial context.

About You

Essential Skills and Qualifications required:

• Qualified Accountant with substantial post qualification experience (5+ years)

• ESSENTIAL - Proven demonstrable experience in Cash & Working Capital Management.

• Proficient in Excel PowerPoint and Word to create Board-ready outputs, and to present these to senior business. stakeholders with credibility.

• Experience working with complex financial models.

• Ability to manage multiple high priorities and high visibility deliverables, with excellent communication skills, both verbal and written


We don’t expect every candidate to meet the full criteria for the role. If your experience looks a little different from the job requirements, but you feel you have the relevant skills to bring value to the role, we’d love to learn more about you. 


Extra Benefits

  • Generous holiday entitlement of 27.5 days (plus bank holidays), increasing with years completed service
  • Company pension scheme with competitive contribution rates 
  • RMG Share Schemes - partnership and matching share offer
  • Family friendly support - enhanced maternity pay, paternity leave, adoption leave and shared parental leave
  • Discounts and offers - there are more than 800 offers to help you save on things like groceries, days out, holidays and your household bills*.
  • Supportive and generous company sick pay
  • Access to our Feeling First Class service, providing both mental and physical wellbeing support
  • Lifestyle benefits - You can purchase a car, bike, home technology or mobile phone, or choose from a range of health benefits and insurance products. You make regular payments from your salary, and so could save on tax*.  
  • Financial support - information and services to help you manage debt and grow your financial knowledge, with debt consolidation & savings plans*
  • Your peace of mind with - Healthcare CashPlan, Dental Cover, Additional Life (life insurance) & Additional Life Partner, Hospital & Death Benefit Plans; Voluntary Critical illness & Voluntary Critical illness Partner
  • Free & discounted RMG products - free keep safe & redirection, partner discounts 
  • Free stamps at Christmas

*Available only to perm employees


Your career in safe hands


At Royal Mail we value our people and we want our people to be proud to work for our businesses. 

We have the assets, the infrastructure and the scale that others don’t, yet we are a big part of the communities we operate in, making billions of precious deliveries each year. We are responsible for the largest B2B customer database in the UK and are one of the largest employers in the UK, providing one in every 194 jobs.


An operation of this size needs a strong support network, and the HR, Legal, Finance, IT, Risk & Governance, Customer Experience, Sales & Marketing departments are all integral to helping us to utilise the latest technology and business approaches to optimise, automate and digitise our operations. 


Royal Mail is a forward thinking, innovative organisation, that is also committed to reducing emissions and improving air quality in our communities. This includes investing in technologies such as electric vehicles, drones, alternative fuel trucks and energy improvements to our estate. 

For more information on Royal Mail Group and our values please click here:


Next Steps

The next stage of the selection process will be a face to face/virtual interview consisting of competency based and role specific questions. 


Trust forms the foundation of everything we do in Royal Mail. We want to be transparent about what kind of qualities we are looking for and build trust from the very beginning of your journey with us. The first step is your interview, and we mean ‘your’ interview. We want to give you the opportunity to shine. To enable you to do this, we will provide you with your interview questions ahead of the interview taking place. This will allow you time to prepare, and ensure you have your best examples in mind. Royal Mail Group values both trust, and our people. 


Closing Date: Sunday 24th September 2023  Please note, this advert may close early if the appropriate number of applications has been reached.


For more information on Royal Mail Group and our values please click here:



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