Commercial Finance Business Partner
Job
GE Aerospace
Remote
Full-Time
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Job Description
- Job Description Summary
- In this high-impact leadership role, the successful candidate will hard-line report to the Dowty CFO and dotted line to the Head of Commercial Operations.
- Job Description
- Essential Responsibilities
- For CMR/PBL requirements
- + Define and implement standard PBL accounting process in line with
GEA/GEAS
financial policies and procedures. Improve and develop standard work in all areas of responsibility including successful implementation and integration of the forecast tool for PBL accounting. + Develop and/or make recommendations and implement Dowty specific policies and procedures in line with GE Aerospace mandates. + Lead financial modelling of new deal Booking Rate estimates, and existing Contract Margin Reviews for CSA/PBL commercial products. Drive operational and technical modelling partnership to develop P&L level analytics, variance analysis, financial tracking, and sensitivity analysis. Communicate to leadership the key drivers and range of outcomes for all PBL/CSA financial models. + Drive improvement in CMR process by changing the frequency of the annual CMR process to quarterly updates and thus stabilising the Income Statement and Balance Sheet impact. + Demonstrate a proactive approach to support continuous improvement initiatives by collaborating and partnering with Programs to drive cost control and productivity improvements by using breakdown structure methodologies to estimate the labour & material requirements. + Lead the introduction of new tools for the modelling and management of PBLs. + Ability to drill into ERP level transactions, and from a strategic perspective develop countermeasures to improve first time yield and error proofing in the data accumulation process. + Partner with controllership to oversee the CSA/PBL policy and procedures including updates and interaction with key stakeholders, transfer pricing, long term accounting, and Backlog/Order presentation. + Assist in preparing and documenting escalation commercial constructs and providing guidance to the team on best practices. + Key contact for internal and external auditors related to theCSA/PBL CMR
process. + Manage timely & accurate reporting and variance analysis for month end closing process, forecast and budgets. + Ensure proper control, integrity, and reconciliation for all PBL accounting activities.- For Commercial deal modelling requirements (strategic captures)
- + Focus on business strategic captures while creating and maintaining models based on both commercial and technical inputs from multiple business functions.
- Required Qualifications and Experience
- + Bachelor's degree in accounting, finance, or other business-related field and strong progressive accounting or finance experience.
- For roles outside of the USA
- - This role requires significant experience in the long term accounting, commercial finance, project accounting and audit. Knowledge level is comparable to a Master's degree from an accredited university or college (or equivalent relevant experience). +
- For roles in USA
- - Master's degree from an accredited university or college (or a high school diploma / GED) with at least 6 years of experience in long term accounting, commercial finance, project accounting and audit.
- Desired Characteristics
- + Deep knowledge of IFRS and US GAAP Accounting.
Adaptable/Flexible:
being open to change in response to new information, different or unexpected circumstances, and/or to work in complex situations. + Demonstrated ability to lead teams, properly manage priorities and drive execution. + Advance computer skills: Microsoft Office Suite (excel, PowerPoint, Word, etc.). + ERP systems knowledge (Oracle/HFM). + Sound understanding of global process and transactional flows. + Experience working in a matrixed environment. + Chartered Accountant (FCMA/CGMA/CPA).- Flexible Working
- Dowty Propellers supports and encourages flexible working arrangements, including hybrid working where a possible, and recognizes the benefits to employees of having a positive work-life balance.
- Total Reward
- At Dowty Propellers we understand the importance of Total Reward.
- Non-contributory Pension
- Life Assurance
- Group income protection
- Private medical cover
- Holiday Hourly equivalent of 26 days, with flexible option to buy or sell
- Security Clearance
- Baseline Personnel Security Standard (BPSS) clearance is required and must be maintained for this role.
- Right to Work
- Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications.
- Additional Information
Relocation Assistance Provided:
- NoGE Aerospace is an Equal Opportunity Employer.
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