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Financial Planning Analyst (Filton, Bristol)

Date: Jan 11, 2023

Location: Bristol, GB

Company: GKN Aerospace Careers

A Truly Global Business 
Every day, around the world, we help aircraft fly further, faster and greener.  We’re the world’s leading tier one aerospace supplier of systems and components. With over 15,000 employees across 38 manufacturing sites in 13 countries serving over 90% of the world’s aircraft and engine manufacturers with sales of £2.8bn. Together as “One GKN” we’re moving our business and industry forward developing technologies that rapidly decarbonise aircraft, and innovating to help build a new generation of planes that produce zero emissions.  We’re putting sustainability at the heart of what we do; driving our objective to becoming a net zero greenhouse gas emissions business before 2050! 

Making a Difference 
It’s great to know you’re making a difference to the future of aviation! Whatever part you play you’ll be helping us deliver operational excellence to our customers.
 

The Opportunity

At our Filton site, we specialise in the design and manufacture of large complex structural wing assemblies, detailed metallic components and wing systems for a combination of both civil and military aircraft. We are seeking a new Financial Planning Analyst to join the team. Reporting to the Financial Planning & Reporting Manager, you will support the generation of the monthly P+L site forecast and annual budgeting; this includes the creation and maintenance of financial reporting to assist in business planning. You will undertake an element of business partnering, advising the site team based upon your analysis, to support continuous improvements which help drive ongoing process advancements. There is likely to also be the opportunity to get involved in a range of project-based work related to your core duties.  

How You'll Contribute

In this role, you will:

  • Co-ordinate and produce forecast headcounts, sales, direct materials, overheads and labour costs for inclusion within ongoing budgeting and forecasting ensuring all inputs are robust, fit for purpose and have been adequately challenged and reviewed.
  • Publish monthly KPI targets used in the monitoring of business performance. These include headcount, sales, overtime, recoveries and scrap. 
  • Administer the forecast and budget timetables to ensure all participants are aware of the timetable and the required deliverables (including meeting schedules) and for the final distribution of forecast reports.
  • Complete monthly ‘true-up’ pricing calculations and associated journal postings. Responsibility of ad-hoc ‘true-up’ activities as requested.
  • Support and develop process improvements which enhance the business forecasting. This should include encouragement of best practice amongst peers and the business to foster the most effective systems and processes underpinning forecasting and planning including use of TM1 reporting tool.
  • Carry out internal reporting requirements for balance sheet and cash flow budgets, forecasts and weekly external deliverables.
  • Support as required with regular reporting deliverables such as ONS.
  • Provide holiday cover for the Financial Planning Manager as appropriate.
     

What You'll Bring

To help us make a difference, you’ll bring your passion and expertise/ talent for what you do along with the following skills, experience, qualifications and attributes:

Essential:

  • Professional accounting qualification (fully qualified) 
  • Strong knowledge of IFRS and Financial Reporting
  • Understanding of financial controls and processes
  • Experience of Financial forecasting and planning
  • Experience working within a fast paced UK plc. environment

Desirable

  • Educated to degree level
  • Experience of working within the manufacturing sector
  • Experience in the use of SAP , TM1

What We'll Provide

Once you’re on board you’ll get the following perks and benefits:

  • Salary of between £43,000 and £50,000+
  • Opportunity to earn up to 15% annual bonus
  • Industry Leading Pension Scheme = we’ll match your contributions up to 8% on a 1 : 1.5 basis
  • Life Assurance 8 x salary
  • 25 days' holiday + bank holidays
  • Income protection
  • Shopping discounts
  • Cycle To Work Scheme
  • Employee Assistance Programme
  • A collaborative, dynamic working environment 

As well as a competitive package we’ll offer you a world of opportunity. We want to see your career fly!  We’ll support your career progression by providing you with learning and development opportunities.  That’s the beauty of being part of a global business, once you’re on board you never know where you career journey may take you! 
A Great Place to work needs a Great Way of Working
Everyone is welcome to apply to GKN.  Through our commitment to diversity, inclusion and belonging and by living our five powerful principles we’ve created a culture where everyone feels welcome to contribute.  It’s a culture that won us ‘The Best Workplace Culture Award’ last year.  By embracing and celebrating what makes us unique we encourage everyone to bring their full self to work. We’re also committed to providing an accessible recruitment process, so if you require reasonable adjustments at any stage during our recruitment process please get in touch and let us know.

5 Principles