Part-qualified Accountant, Duty Free Finance

Ryanair are currently recruiting for a Part-Qualified Accountant to join the Ancillary Revenue team of Europe's Largest Airline Group.

Ancillary Revenue is a core part of the profitability of Low-Cost Airlines and represents approx. 35% of total company revenue. Key sources include sales from Reserved Seating, Priority Boarding, Excess Baggage, Inflight Sales, Car Hire, Hotels, Fast-Track Security, and Travel Insurance, amongst others. All of these products are sold via Europe’s No. 1 Digital platform in Travel attracting over 1 billion visitors per annum, the market-leading Ryanair Mobile App with more than 45 million downloads, and CRM email campaigns ensuring customers are targeted with the right product at the right time.

In this role as a Trainee/Part-qualified Accountant Duty-Free Finance, you will possess excellent numeracy and written skills coupled with a high degree of accuracy, which are an essential requirement for this role. Working within a high-performing team in a crucial part of the business, you will monitor sales and costs associated with OnBoard Catering Supply, utilising and developing your abilities in the supply chain, logistics and operations. You will make a difference to the business by identifying areas of improvement in stock control, operational processes and logistics which reduce costs and impact bottom-line profitability of this important department. You will also be responsible along with other team members for month-end financial accounts processes including, preparation of accruals, reconciliation of supplier accounts, posting of journals and other accounting tasks. In this wide-ranging role, you will get unbeatable exposure to the end-to-end workings of a high-revenue business unit comprising everything from supply, logistics, cost control, auditing, accounts preparation, profitability measurement to contract negotiation and partner supplier management. The flat organisational structure of the Ancillary department will allow you to work closely with best in class people from the Director level down. You will create accurate forecasts and reporting to ensure the business is tracking and delivering against agreed KPIs. You will also take responsibility for managing several online partners who provide products that are sold on our website and mobile App to Ryanair guests, maximizing the performance and revenues delivered from these partnerships. You will also be responsible for preparing the annual budget in collaboration with various stakeholders within your immediate department and across the business.
Ideally from the Retail, Travel, FMCG or E-commerce, sector, you will be an energetic self-starter able to work autonomously and directly see the contribution you make to the success of the business linked with your work, in this very high growth area.

Responsibilities

• Preparation of the monthly Financial accounts for the department.
• Track KPIs on Sales, Costs, Product conversion, Stock reconciliation and make recommendations for profitability improvements.
• Review and audit operational processes reporting on findings and making recommendations.
• Prepare invoices, accruals, journals and commentary on month end accounts.
• Assessment and evaluation of new product and supply chain contracts.
• Renegotiation of partner contracts for provision of online services, at equal or better terms than existing.
• Day to day management of online partners, liaising with IT, Digital, Customer Service etc to ensure customers receive best in class service provision and sales.
• Preparation of department budgets & forecast on monthly and annual basis.

Requirements

• Part-Qualified ACA/ACCA/CIMA/CPA accountant, or suit a graduate in Finance or highly analytical discipline (e.g., statistics, mathematics, computer science, engineering), 1-2 years experience would be an advantage.
• Strong computing skills in Excel, Power BI, Google Analytics, SAP.
• Excellent commercial awareness and analytical skills are essential.
• Excellent prioritisation and self-starter skills.
• Excellent communication, presentation, accuracy, influencing and interpersonal skills

Benefits

• Competitive salary
• Discounted and unlimited travel to over 230 destinations
• Defined Contribution Pension Scheme
• Death in Service Benefit – Up to 2 times of annual basic salary
• 20 Days Annual Leave – Increasing to 22 days after 12 months and 25 days after 3 years of continuous service.
• Option for up to 5 additional unpaid leave days per year
• Cycle 2 Work Scheme
• Unrivalled career progression