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About the Role
The ATOL Finance Licensing function regulates approximately 1,600 ATOL holders, focusing on the financial sustainability of aviation and travel businesses. This role involves the financial supervision and regulatory compliance of leading tour operators under the ATOL consumer protection scheme, as well as financial oversight of UK-registered airlines and space industry companies. The role also supports the management of the Air Travel Trust fund.
Responsibilities
- Support Principals in the management of the CAA’s regulation of a portfolio of licensed tour operators, airlines, and space industry companies.
- Perform direct financial supervision of operators.
- Assist in the delivery of processes for granting, renewing, or varying ATOLs or Operating Licences.
- Conduct in-depth analysis of the financial and business aspects of a portfolio of companies, ensuring compliance with regulations and policies.
- Perform year-round financial monitoring.
- Build and maintain constructive, collaborative relationships with stakeholders in the aviation and travel industry.
- Play a supportive role in situations involving corporate transactions, financial distress, or compliance investigations of portfolio companies.
- Ensure travel businesses meet necessary legislative and regulatory requirements for consumer benefit.
- Undertake ad hoc project work.
- Analyze and interpret industry data.
- Produce relevant reports for departmental, CAA-wide, or external audiences.
- Assist in documenting guidelines and procedures.
Requirements
- Good numerical and problem-solving skills to conduct high-quality, predictive, and sound business and financial analyses within specified deadlines, drawing on obtained/collected data/information without guidance.
- Must hold at least an intermediate accounting or finance qualification (e.g., part-qualified accountant or equivalent) or have equivalent experience.
- Solid understanding of financial statements, KPIs, and concepts.
- Good communication and influencing skills, with the ability to present issues and recommendations clearly and concisely, and to carry conviction with stakeholders.
- Ability to manage own workload effectively and maintain quality and accuracy.
- Good data and modelling skills, including the ability to interrogate datasets, draw conclusions, and develop financial and data models to apply simple analytical tools.
- Keen to work as part of a team of aviation and travel finance specialists.
- Must have the right to work in the UK for BPSS vetting.
- Candidates invited to interview will be required to complete a Declaration of Interests form.
Skills
- Financial analysis
- Communication
- Problem-solving
- Financial supervision
- Regulatory compliance
- Financial monitoring
- Stakeholder relationship management
- Data analysis
- Financial modelling
- Influencing
Location
- Westferry, London
Work Type
- 12 Month Fixed Term Contract – Maternity Cover
- Hybrid (Average 2 days per week office attendance expected)
Experience Level
- Dependent upon experience
Education Level
- Intermediate accounting or finance qualification (e.g., part-qualified accountant or equivalent) or equivalent experience
Salary/Compensations
- £45,000 to £54,790 per annum
Benefits
- Supportive environment
- Opportunity to be at the forefront of shaping regulatory approach
- Explore What We Offer section on careers website for benefits and work-life balance support
About the Company
- The UK's aviation and aerospace regulator, recognized as a world leader.
- Activities are diverse, enabling the aviation industry to meet the highest safety standards.
- Adapts to the constantly evolving aviation environment.
- Committed to maintaining the highest standards of integrity, professionalism, and ethical conduct.
- Values: Do The Right Thing, Never Stop Learning, Build Collaborative Relationships, Respect Everyone.
Equal Opportunity
- As a Disability Confident employer, candidates who meet the minimum requirements will be guaranteed an interview.
- Welcome applications from all backgrounds.
- If you require any adjustments during the recruitment process, please let us know.