FP&A Manager
Contract type: Permanent
Location: Hatfield (Hybrid working – 3 days in the office)
Working hours per week: 40 hours
Level: Manager
Application closing date: Friday 21st March 2025
About us
Our mission is to deliver joy in every shop, through unbeatable choice, unrivaled service, and reassuringly good value.
We’re Ocado Retail, a market-leading, joint venture between Ocado Group and M&S and the world’s largest dedicated online supermarket ocado.com. Not only is Ocado.com the only place to shop a full range of M&S food online, but it’s also the home to the widest online supermarket range in the UK and champion of small, independent brands. We’re also the brains behind Zoom by Ocado, our same-day grocery delivery service.
About the team and the role
At ORL, the FP&A and Finance Systems team is split into 3 teams: Reporting, Planning and Finance Systems and ensure the C-Suite is equipped with the insight it needs for strategic and tactical decision making.
This role sits in the Planning team, and plays a crucial role in understanding the levers of successful performance in our growth and profitability objectives. The team is agile, it has high exposure, a mindset of continuous improvement and enables a fantastic overview of the full business P&L and balance sheet.
What you’ll do
Budgeting:
- Lead the annual budget planning process, collaborating with senior department heads across the business
- Produce achievable budgets, as well as identifying areas of opportunities
- Develop and maintain budget models, ensuring accuracy and consistency.
- Prepare budget reports and presentations for senior management and ORL’s Board
Forecasting:
- Supporting monthly re-forecasts.
- Provide actionable insights into future performance.
- Analyse forecast variances and identify potential risks and opportunities.
- Collaborate with other departments to gather data and refine forecast accuracy.
Long-Term Strategic Planning (Five-Year Plan):
- Lead the development of the company's five-year strategic financial plan.
- Conduct in-depth financial analysis to support strategic initiatives.
- Develop financial models to evaluate different strategic scenarios.
- Collaborate with senior management (CEO, CFO) to translate strategy into numbers
- Prepare presentations for senior management and ORL’s Board
- Supervise and mentor one direct report, providing guidance and support for their professional development.
- Conduct performance reviews and provide constructive feedback.
Other Responsibilities:
- Conduct ad-hoc financial analysis as needed.
- Identify and implement process improvements within the FP&A function.
- Collaborate with other departments to support business decision-making.
Who you are
- End to end P&L business partnering experience
- Strategic mindset
- Presentational experience to C-suite, bridging modelling work to leadership narrative
- Strong excel modelling
- Retail / online retail experience highly beneficial
- Agile and pragmatic to find practical solutions to fast paced environment
What’s in it for you
By joining Ocado Retail you’ll have the chance to experience life at the world’s largest online retailer, work with an amazing bunch of people who challenge what’s possible each day, and grow your skills and career in online retail.
If that’s not enough to tempt you, you’ll also get access to loads of great benefits to sweeten the deal. Here’s a taste of what we offer:
Health & Wellbeing: Private medical insurance with the option to add your family, Digital GP appointments, market-leading family policies, mental health support, discounted gym memberships, dental insurance, and more.
Spend & Save: Annual bonus scheme split between personal and business objectives, recognition with reward platform, up to 7% matched pension contributions, 15% Ocado discount, 20% M&S discount, free breakfast every day in the office, electric vehicle leasing scheme and free shuttle bus from Hatfield station to the office.
Never miss the moments that matter: Blended/Hybrid working, 26 days holiday plus 8 flexible bank holidays, options to buy an extra holiday, 2 weeks work from anywhere, and lifestyle break opportunities.
Our Hiring Process
Lucky for us, we get loads of great applications and we really appreciate that so many people put the time and effort in to apply. To recognise that, we treat all applications respectfully and fairly. So, if yours stands out, you’ll follow our standard hiring process – one of our Talent Partners will talk you through this in an initial call.
Everyone’s welcome
We’re an equal opportunities employer. That means that we make sure all potential colleagues are treated fairly and equally. If you require reasonable adjustments during the recruitment process, please let us know on the application form.