Management Accountant – Programmes & Purchasing

Job description

To provide finance and business partnering support for Programmes (including After Market business) and the Purchasing business area. The role will also provide support for the support functions (IT, HR, Sales & Marketing).

·  • For all business areas of responsibility provide month end accounting (inc posting month end journals) and reporting of financial performance providing analysis, understanding on variances and advice on corrective actions that could drive improvements.
·  • Facilitate and ensure robust inputs from business areas for forecasts, budgets and the MTP (Mid Term Plan)
·  • Working closely with the Finance Manager – Programmes & Engineering, the Management Accountant – Engineering, and the Programme Managers and Directors, to provide financial support for robust EAC reviews identifying if corrective action is required. Perform impairment reviews and reporting in accordance with internal reporting requirements.
·  • Act as finance support (including financial modelling) for new business bids to ensure robust and credible financial assessment of all bid proposals.
·  • Provide monthly analysis and forecasts of cost saving initiatives (cost reductions & rebates etc) for the Purchasing business area, including validation of claimed savings.
·  • Monthly review & analysis of PPV accounting entries; to include review of the annual standard cost update and impact assessment v's prior year standards.
·  • Promote increased financial understanding and awareness in business areas, working with the Finance team and business to develop informative and value add KPI reporting.
·  • Ensure adequate financial controls are in place and maintained and act as the conscience of the business ensuring that general controls and processes are adhered to in business areas in line with best practice.
·  • Provide finance support for projects within the relevant business areas as required, including the development of finance reporting systems.
·  • Deputise for the Finance Manager – Programmes & Engineering as and when required

Safran is an international high-technology group, operating in the aircraft propulsion and equipment, space and defense markets. Safran has a global presence, with more than 92,000 employees and sales of 21 billion euros in 2018. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. Safran undertakes Research & Development programs to meet fast-changing market requirements, with total R&D expenditures of around 1.5 billion euros in 2018.

Safran is ranked among the Top 100 Global Innovators by Thomson Reuters and is featured on the "Happy at work" rankings. The Group places fourth on the Universum ranking for the favorite companies of newly-qualified engineers in France.

Safran Seats is a world leader in aircraft passenger and crew seats. One million seats made by the company are now in service worldwide.

Desired profile

Job requirements

Knowledge & Qualifications

·  • Qualified Accountant

Experience – Essential

·  • Good understanding of discounted cash flow modelling and financial assessment of different business options.
·  • Proficient in the use of all MS Office packages, particularly Excel and Powerpoint
·  • Month end accounting, reporting and forecasting support in a cross functional environment within Industry
·  • Working within a fast paced UK Plc. Environment Experience - Desirable

·  • Knowledge of BAAN ERP systems
·  • Experience of working within the Manufacturing or Engineering sector and a Programmes environment
·  • Ideally 1-2 years PQE Skills, Competencies and Personal Attributes

·  • Building relationships with and managing internal customers and stakeholders
·  • Excellent communication skills
·  • Organised and Structured approach to work with the ability to prioritise
·  • Strong attention to detail – role will prepare reports to be presented to senior Executives
·  • Analytical mindset
·  • Demonstrated ability to work to deadlines in a fast paced environment
·  • Team player
·  • Proactive

Note
The duties and responsibilities highlighted in this Job Description are indicative and may vary over time. Job holders are expected to undertake other duties and responsibilities relevant to the nature, level and scope of the role.

·  “Regulatory and Product Awareness is required (Training will be provided where necessary)”.

Specificity of the job

·  • Possible occasional day travel to Brackley, Northants site and / or Paris with overnight stay

Company information

Safran Seats

Safran is an international high-technology group, operating in the aircraft propulsion and equipment, space and defense markets. Safran has a global presence, with more than 92,000 employees and sales of 21 billion euros in 2018. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. Safran undertakes Research & Development programs to meet fast-changing market requirements, with total R&D expenditures of around 1.5 billion euros in 2018.

Safran is ranked among the Top 100 Global Innovators by Thomson Reuters and is featured on the "Happy at work" rankings. The Group places fourth on the Universum ranking for the favorite companies of newly-qualified engineers in France.

Safran Seats is a world leader in aircraft passenger and crew seats. One million seats made by the company are now in service worldwide.