Financial Planning & Analysis (FP&A) Manager

Job Description

Hello, we’re Laka

You might not have heard of us yet - that’s OK, you’ve found us now - come and find out more about our journey…

Founded in 2017, Laka set out to transform insurance by connecting passionate cyclists to form a collective and protect their bikes for when things go wrong - a better model for insurance was born. For once, people come first in insurance by fairly sharing the cost amongst each other. We exist to rewrite the rules of insurance so it’s something people stand with, not against.

Our model: Laka makes sure everything runs smoothly for The Collective - with exceptionally fast claims, splitting the cost fairly, guaranteeing a maximum price and all the other heavy lifting of a regulated insurance business. For that service, the collective pays Laka a fee relative to the claims in a month.

Take a closer look at exactly what this means and how it works here.

What have we been up to since then...?

In a nutshell, we’ve been very busy! Here are a few of the massive achievements we’ve had:

Raised a whopping £22m from amazing investors​

Grown the team to 60 Lakanauts, based across the UK and NL, enabling a choice-based, remote-first way of working

Launched Laka in a total of 7 countries, essentially helping more people in more places!

Captured the UK and NL enthusiast cyclist market and expanded into the fast-growing area of e-bikes

Been awarded ‘Best Cycle Insurer’ (for the past 6 years in a row - go us! )

Opened 3 shiny new offices in London, Bristol & Amsterdam to provide spaces for people to collaborate as they like

We’ve also achieved a 5* rating on Google Reviews and Glassdoor - go check us out!

Help us continue to change an outdated industry...

We’re growing fast on our path to make the Laka collective insurance model the industry standard and we’re expanding across segments, products, and territories. We’re looking for innovative, bold and brave minds to help us build the world’s best insurance company.

🤘🏼 The role

This role is pivotal in connecting the business with finance. It’s a mixture of traditional FP&A (think budgets, forecasts, reporting) and strategic projects (think acquisitions, product & pricing, risks & opportunities).

You will be the ‘go to’ for financial analysis and provide invaluable insights to the business and its stakeholders, both internally and externally.

You’ll report into the VP Finance and work very closely with the leadership team. Learning, development and coaching are core to Laka; you’ll be given opportunities to grow your finance career and be a part of Laka’s future success.

Financial Forecasting & Reporting

• Lead forecasting, planning, and budgeting processes to drive strategic decision-making and financial performance.
• Own budget inputs and build robust analysis with business areas. Continuous design, maintenance & evolution of our financial models.
• Prepare the management and board reporting packs; presenting components to internal and external stakeholders.
• Work closely with our investors; keeping them up to date with Laka’s performance and financials in a timely and accurate manner.
• Support the wider finance team with month-end close; including billing, performance outlooks and reporting. Working across P&L, balance sheet & cash flow statements.

Business Partnering

• Provide financial analysis and insights to support initiatives, investment decisions, and business performance evaluations.
• Understand Laka’s performance drivers, using financial and operational analysis to identify risks and opportunities.
• Utilise data visualisation best practices to tell stories, highlight trends, and communicate key insights to stakeholders.
• Assess the financial viability of new products, pricing changes and entering new markets.
• Cost control; develop appropriate analysis to understand our cost base and challenge inefficiencies in spend.

Requirements

👉🏻 This role will be a great fit if you:

• Have already spent some time in a FP&A or Finance Business Partner role before, ideally in a growing start/scale-up.
• Are a fully qualified accountant (ACA, ACCA, CIMA or other overseas equivalent)
• Are proficient in financial modelling, forecasting, and budgeting techniques.
• Are “data driven” - you feel comfortable working with large datasets in a structured, logical way.
• Have a strategic mindset with the ability to translate complex financial data into actionable insights.
• Have an outstanding ability to network and build relationships at various levels in the business.
• Are a self-starter and like getting “stuck in” - we’d love to see you take the initiative and seek out problems to be solved.
• Have experience using tools like Google Sheets & Slides, Notion, and similar.
• Have an interest in advanced data technologies like Tableau, Power BI and similar.

Location: Laka works primarily on a remote-first basis, however this role would benefit from being based in our London office (London Bridge) 3 days per week.

Benefits

​🌟 Our perks

What can you expect from working at Laka?

🏠 Remote-first way of working - you choose whether you work from home or our beautiful offices in London, Bristol or Amsterdam. However this role would benefit from being based in our London office (London Bridge) 3 days per week.

📈​ ​Share options - we want you to be rewarded for Laka's success - everyone in the business is granted share options when they join

💰 Company bonus scheme - if the company hits it's targets, you'll get a cash bonus at the end of the year

🌴​ Annual leave - 25 days holiday (plus your local bank holidays), plus an additional 3 days at Christmas, with the option to roll over up to 5 days per year

💶 Pension scheme - Laka pays 3% of your base salary into your pension to help you save for the future

💊 Private medical insurance - we’ll give you individual private cover, with the option to add partners & dependants too (at a small cost)

🖥 Home set-up allowance - ​in addition to letting you choose the kit you want (MacBook or Windows laptop, plus additional equipment like screens, keyboard, etc), we'll also give you a one-off budget of £200 to get anything else you want in order to make your homeworking environment a comfortable place to be​

🍽 Weekly lunch on us - £15 every Wednesday to enjoy lunch on Laka - pop out locally with people in the office, or order-in at home, the choice is yours

💃 Company-wide events - ​we love getting everyone together as much as possible - expect regular events throughout the year, for team building, bonding, and general good old-fashioned fun!

🎳 Monthly socials - as if quarterly company events weren't enough, we also give each office a budget for a monthly social activity (think anything from low-key dinner & drinks through to adventure golf, paddleboarding, bowling, electric darts, trampoline parks and more!)

👚 Laka swag - we'll give you some lovely Laka kit to get you started, including a jumper & t-shirts so you can feel (& look) like part of the family

🚴 Laka credit - for all you cyclists, we'll give you £10 credit per month towards insuring your bike(s) with us - plus give you access to a bunch of cycling industry discounts

​🧠 Mental health support - unlimited support via Spill, including one-to-one therapy sessions​

🌈 Belonging at Laka

We're committed to building and sustaining a business that promotes diversity, equity, inclusion and belonging - our customer collective is broad and inclusive, and we'd like our own people to be too​. We’re fast becoming a global community of people and we believe each person's unique qualities should be celebrated as they are a huge part of what makes Laka a great place to be. We'd love you to bring your authentic self to work every single day, no matter your age, ethnicity, religion, citizenship, gender identity, sexual orientation, disability status, caring responsibilities, neurodiversity, or anything else that makes you, you. If you’d like to request a reasonable adjustment as part of our application or assessment process, please let us know by emailing support@laka.co.uk​.