Tag Archives: Finance

Finance Academy

Finance Academy

A financially successful company is one that meets its profit objectives and delivers for the future. It is one that has robust business and financial controls to enable us to contribute towards this goal.

The finance team is predominately based in Luton, with additional offices in Swansea and Crawley and is responsible for the following:

  • Management information
  • Reporting and control
  • Business performance
  • Annual planning and forecasting
  • Payroll
  • Finance shared services

The Finance Academy is a scheme that has been put in place to support the personal development needs of staff that work in the Finance department. The Academy is made up of eight work streams (see diagram). Each work stream is responsible for ensuring that the appropriate polices, documents and frameworks are in place to meet the objectives for Finance.

 

finance-academy1

 

The Academy includes areas like:

  • The ‘Study Policy’, stream which is responsible for defining the policies for staff working towards their accounting qualifications e.g. number of study leave days that staff can take, polices on what the Company will pay for, organising the payment of fees etc.
  • The ‘Graduate Scheme’, which is responsible for the selection and administration process of the graduate trainee scheme.
  • The ‘Capability Framework/Career Paths’, stream is responsible for defining the experience and skills that an individual is expected to have for each role in the Finance department. You will be able to use this framework to plan your career path as it will help you to identify the development areas that will lead you to your next role.
  • The ‘Continuous Professional Development’ stream is responsible for organising CPD activities for the qualified accountants in the Finance department
  • The ‘Finance Induction Programme’ stream is responsible for the Finance Induction pack that is given to new starters and ensuring that it is always up to date and relevant.
  • The ‘ACCA/AAT/CIMA Training’ stream is for organising training activities for ACCA/AAT/CIMA students in the Finance department
  • The ‘Apprenticeship Scheme’ is responsible for the selection of the candidates for the apprenticeship scheme and it’s administration.

 

finance-academy2

 

 

Meet Katrina

Katrina Laviola

FX & Distribution Associate

 

In a nutshell, what does your job involve?
My role involves working closely with the foreign exchange bureaus in the retail outlets. I prepare the FX accounts for reconciliation (including the Western Union and Travellers Cheques), investigating and resolving all outstanding items. I am also responsible for issuing and reconciling gift vouchers, assisting with retail refunds, investigating and defending Retail chargebacks and managing the retail card refund process.

Name three things in life that make you smile.
Seeing my family and friends happy, going on fun holidays to exotic locations and doing well in my job.

While you’ve been working at TUI, what has put the biggest smile on your face?
The finance department fun day. After our finance briefing in the morning, there was an organised treasure hunt around Harpenden. It was such a great day – an informative morning followed by a fun afternoon with the chance to get to know new colleagues.
What could you tell someone about TUI that would sound too good to be true?
The employee benefits are great and you can have a lot of fun at work. I really enjoy the event days. They’re really enjoyable as well as informative. We have had photo booths in the office, a DJ and lots of games and prizes.

Why do you think TUI is ‘good value’ for you?
I believe in TUI’s core values and appreciate how the business strives for success. The TUI values help to create a great environment to work in. It means that everyone is collaborating and working together to achieve the same goals.

Meet Oliver

Oliver Gearing

Finance Manager (Holiday Experience)

 

In a nutshell, what does your job involve?
I work closely with the people that make our customers smile, our fantastic holiday reps. I support them in all matters financial, whether it’s creating their annual budgets, challenging them to deliver initiatives, or tracking performance against targets.

Name three things in life that make you smile.
My wife, my kids and being stretched and challenged at work

While you’ve been working at TUI, what has put the biggest smile on your face?
I was selected to attend a development program called Perspectives in Majorca. This was a privilege and an honour, and I met lots of other great people from our global business.

What could you tell someone about TUI that would sound too good to be true?
At TUI, your career is in your own hands. We get the support to proactively seek out our own career goals, which in itself is very motivational.

Why do you think TUI is ‘good value’ for you?
I have found a company which I’m a good fit for. I feel like I can be myself and that my personal qualities are welcomed and rewarded.

finance-grad – im interested

We will begin accepting applications for the 2015 scheme in December 2014.

Our selection process involves an online application, online testing, a phone interview and assessment centres. Set up an email alert to receive further information.

finance-grad – training and development

From day one, you’ll be doing a real job. But all the while,

we’ll focus on your personal and professional development, making sure that you’re fully equipped to reach your potential. You’ll can expect an exemplary support structure, including a buddy to help you settle quickly into your role and a senior finance mentor who’ll pass on vital knowledge. Plus, your a line manager will be on hand to make sure you’re progressing, every step of the way. And as well as funding your CIMA qualification, we’ll provide you with BPP tuition, study materials and additional study leave – so you’ll have all the encouragement and incentive you need to excel.

finance-grad – is it for you

The Programme

 

As a TUI Finance Graduate, during at least three distinct rotations you could find yourself supporting any aspect of our business whether it be the aircraft we fly (Thomson Airways), our Thomson stores and websites (Distribution), our Mainstream holiday programme (Tour Operations) or the hard financials (Reporting). Examples of recent finance graduate roles include Cruise Accountant, Airline Reporting Assistant, Airline Engineering Finance Analyst and Finance Analyst – Marketing & Distribution.

Alongside supporting you through an accelerated CIMA qualification, we will commit to providing you with a development programme which covers aspects of financial & management accounting, reporting and analysis whilst giving you the business overview that you can build upon as you progress through your career at TUI. As a Finance Graduate, you’ll also help deliver projects and initiatives that will benefit our organisation, the business stakeholders that lead our business and your professional capabilities.

 

TUI Finance Graduate Programme

TUI Finance Graduate Programme

TUI’s Finance Graduate Leadership Programme offers successful applicants the opportunity to complete your CIMA qualification during a three year rotational programme during which you’ll also progress through a number of different roles across the UK Mainstream finance teams.

Right now, we’re developing into a European-wide organisation that will continue to deliver award winning travel products and services.  Joining us will not only provide opportunities for you to grow your career, but the benefits of working as part of an exciting, larger, multi-cultural and united team.

What We Are Looking For

  • Minimum 2:1 university degree in any discipline – achieved or expected
  • Excellent communication and interpersonal skills
  • Strong leadership potential and motivated team player
  • Proven customer service skills – all candidates must share our passion to make customers feel special
  • Commercial awareness with the ability to make brave decisions
  • Passion and drive to successfully complete an accelerated CIMA qualification

 

Finance

Finance

Managing our finances effectively is a complex, dynamic and crucially important task. It’s critical we have the right people working for us – only the most exceptional financial professionals. If you have an analytical mind, a commercial outlook and a ‘can do’ approach – you might be just who we’re looking for. Joining the finance teams providing expert advice, you’ll provide accurate and timely information, ensuring that we are well informed on group trading and financial information, exactly when it matters. In any finance job with TUI Group, from Analysts to Managers, in Finance Shared Services to Treasury & Tax, you will have an impact on our financial results.