Job Description
This role is responsible for the accurate reporting and forecasting of the full P&L, balance sheet and cashflow for the OE (Original Equipment) business for the Trent XWB and Trent Fleet and Mature value streams within Civil Aerospace. The role manages a team of qualified & part-qualified finance analysts and provides support to the Civil Aerospace value streams, the regional teams, Airframer commercial, planning and control, Civil HQ and FP&A as required. The role will also be involved in providing and applying technical accounting knowledge across Civil Aerospace OE Business.
Key Accountabilities:
- Deliver the monthly actual financial results and provide the necessary understanding and explanation of the performance variances to budget, latest forecasts and prior year, so that the business can identify the necessary actions to close performance gaps, generate in year value or address stakeholder questions. Includes review of balance sheet reconciliations and ensuring completion of local balance sheet reviews with stakeholders.
- Deliver the key financial budgets & forecasts and work with the engine programme business partners to ensure that the submitted result is understood, reviewed and approved and represents a realistic view of future business performance along with any vulnerabilities and opportunities.
- Manage the performance and development of a team of qualified and part-qualified financial professionals.
- Provide the necessary stewardship, control and integrity of the financial results through delivery of process improvement, the remediation of process and control weaknesses and ensuring strong process documentation.
- Work closely with Airframer Commercial and Planning & Control to ensure our financial targets are achieved, understand the latest build and sale plans and communicate any changes to the value streams on both profit and cash.
- Lead the relationship with our external auditors for all OE items. Develop strong professional relationships to ensure that deliverables support audit questions and are delivered in a timely and accurate manner to support the overall audit timetable.
- Lead on any OE accounting judgments and the implementation of new accounting standards and other reporting requirements within Civil Aerospace OE financials, including interpretations of new requirements for application in Civil Aerospace and managing teams to implement these requirements addressing both Group and sector considerations.
Why Rolls-Royce?
In this role you will play a key part in achieving our ambition of a true Zero Defects organisation aligned through our Operating principles of Assure, Protect and Enable; Assuring compliance to our regulatory and management system requirements, protecting the business by ensuring that non-conformance is manged safely with minimal customer disruption and ensuring the external supply chain conduct robust root cause investigations. In this role, you will be, working closely with our domestic and external supply chains to manage escape and providing data and insight into the causes of non-quality across our external supply chain.
We offer excellent development, a competitive salary and exceptional benefits. These include bonus, employee support assistance and employee discounts.
Hybrid working is a way in which our people can balance their time between the office, home or another remote location. It’s a locally managed and flexed informal discretionary arrangement. As a minimum we’re all expected to attend the workplace for collaboration and other specific reasons, frequency will depend on business needs, nature of role, what works for the team and for the individual. Discover more on our GBS Service Portal about hybrid working.
Job Category
Finance
