When you first think about Deliveroo, you probably think of getting great food to your house in less than half an hour. Awesome right? But behind the scenes is the real story. This story is one of high growth, huge challenges and an enormous opportunity ahead of us. It began with our founder Will, arriving in London over 5 years ago and finding it almost impossible to order great food, despite the wealth of incredible restaurants in the city. Fast forward 5 years and we operate in 13 countries with over 50,000 riders who deliver orders from 50,000 restaurants in over 200 cities worldwide.
We want to be the definitive food company - the app you go to any time you have a hunger pang. We are transforming the way people think about food. We are providing people with limitless access to different cuisines and restaurants, turning cooking from a chore to a choice, and giving people the freedom to eat what they want, when they want, where they want it.
We work with riders, restaurants and consumers. We operate one of the most complex three sided marketplaces in the world and we do this in real time. Millions of customers and thousands of restaurants and riders rely on us to match them within milliseconds. The algorithms behind that marketplace are the secret sauce that allow us to deliver our orders in under 30 minutes.
And we’re just getting started
The scale of the opportunity ahead of us is immense. The global food market is valued at £7.7 trillion but only 1% of it is currently online. Contrast that with the digital disruption of countless other industries - from banking and travel to retail and communications - it’s clear that our journey in the food sector has only just begun.
We are already a multi-billion dollar company that is more than doubling in size every year. Deliveroo came top in the FT’s’ list of Europe’s fastest growing 1000 companies in 2018, and we were the first company ever to win Deloitte’s ‘UK Top 50’ two years in a row. Yet most of the extraordinary value this company will generate lies ahead of us.
About the Department
The Head of FP&A is part of the Corporate Finance team and will report to the Director of Corporate Finance. Corporate Finance’s mission is to help find and generate capital, help frame capital allocation thinking and, eventually, influence how Deliveroo invests wisely. This includes managing our strategic planning and company budgeting and forecasting processes, capital allocation, board and investor materials, investor relations and future equity fund raising / capital markets interactions.
The Head of FP&A will be the owner of our management accounts, past, present and future. Working together with Commercial Finance, G&A and Financial Reporting, the Head of FP&A will be responsible for consolidating and presenting an accurate view of the company to the C-level, suggesting and communicating changes in investment decisions and influencing the way we allocate capital.
This is an integral business partnering role, delivering a best in class business support, focused on driving towards profitability and growth whilst keeping cost under control. The role is highly commercial and ideal for someone who thrives in a fast paced and ever-changing environment and enjoys bringing structure and guidance to manage that change. The job will involve:
- Budgeting, tracking and forecasting of company wide key KPIs, including:
- Working with C-level and VP of corporate strategy, setting guidance and process for yearly budget
- Manage monthly tracking and help designing infrastructure around it
- 12-18 months forecasting of management accounts, that will underpin any guidance to markets in the future
- Understanding and influencing the underlying drivers of performance to help drive the top and bottom line;
- Understanding performance against these targets and advising on corrective actions;
- Helping with preparation of investor materials and IPO readiness;
- Providing proactive, insightful, high quality analysis to support decision making in the context of wider business implications e.g. growth vs optimisation, cost vs stability;
- Developing and managing the new FP&A team to successfully partner with the growing business.
Key competencies/skills: Commercially minded and entrepreneurial; Highly analytical problem solver with understanding of statistical methods; Ability to work independently and be a self-starter; Strategic & operational level thinking; Understanding of Financial and Accounting principles; Passionate, motivated, proactive and flexible attitude
Experience of business partnering: Have experience in working in a growing organisation and being the bridge between the business and the finance organisation. Experience in a leadership position in FP&A
Business Casing: Strong Experience of Business Casing, to assess projects on their merits.
Leadership/people management skills: Experience managing, motivating and developing a team with various levels of experience
Technical proficiencies: Advanced Excel and Google Sheets, GSuite, SQL desired but not essential
Qualifications: CA / CIMA or MBA preferred
Level of experience: 5+ years in key influencing roles
Employment Term: Full time
Life at Deliveroo
We are a growing team, with very large impact, seeking to answer some of the most interesting questions out there. We move fast, we’re always looking for new ideas and we’re very transparent about the decisions we make and why we make them.
There are so many questions we need to answer and plenty more we haven’t even encountered. How do data and technology help restaurants to grow as consumer habits change? How can we predict what someone wants to order for dinner long before the idea has even crossed their mind? At Deliveroo these are just some of the tough problems we are solving - and there is no challenge that cannot be yours. No solution is owned by a particular team, which means the scope for growth and personal impact is enormous.
Benefits and Diversity
At Deliveroo we know that people are the heart of the business and we prioritise their welfare. We offer a wide range of competitive benefits in areas including health, family, finance, community, convenience, growth, time away and relocation.
In 2018 we announced our decision to give every employee equity in the company. We did this because we wanted all of our employees, regardless of location, level or role to be owners and because we believe that this is the right thing to do. We believe this helps build a culture where everyone is committed and able to share in the company’s success.
We believe a great workplace is one that represents the world we live in and how beautifully diverse it can be. That means we have no judgement when it comes to any one of the things that make you who you are - your gender, race, sexuality, religion or a secret aversion to coriander. All you need is a passion for (most) food and a desire to be part of one of the fastest growing start-up’s around.