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Senior Financial Accountant, Treasury, Transactions & Governance (Filton, Bristol)

Date: Mar 10, 2023

Location: Bristol, GB

Company: GKN Aerospace Careers

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 12 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. Reporting directly to the Finance Director, we are seeking a new Senior Financial Accountant, to join the team, focussing on Treasury, Transactions & Governance. This role is known internally as Finance Manager (Treasury, Transactions & Governance). In this role, you will lead a busy and high-performing team of 6  who provide an efficient and effective service to our Bristol manufacturing operations.     

This role is to be initially offered as a 6 month FTC but may become permanent. 

How You'll Contribute

In this role, you will:
•    Have responsibility for financial reporting, delivery of the Strategic Plan and transactional processing.
•    Co-ordinate the annual external audit and any internal audit visits.
•    Co-ordinate foreign exchange reporting requirements; this includes month end foreign currency reporting, quarterly forecasting for hedge purposes, monthly review of hedges in place and consideration of additional hedge requirements, to be arranged with Group Treasury.
•    Complete and submit Government returns to ensure the site meets external reporting requirements.
•    Ensure a robust financial control environment is maintained and documented in the Ways of Working, reviewing at least annually to confirm it is still fit for purpose.
•    Oversee SAP GRC (Governance, Risk and Compliance) process adherence, ensuring monthly reporting of results and escalation & remedy of instances of non-compliance and annual review & challenge of all business controls.
•    Coordinate peer-to-peer Balance Sheet reviews (usually completed twice per year).
•    Manage the AP and AR teams to deliver an efficient and cost-effective service to the Filton & Western Approach businesses (including line management of the Portsmouth AP team).
•    Ensure development plans are in place and actively managed to ensure team members are developed with a view to succession planning.
•    Manage of existing capital investments, including capitalisation of assets, disposals, monthly depreciation runs and accruals and monitoring of spend for assets under construction (involving liaising with Estates and Services to ensure processes and procedures documentation is in place).
•    Manage lease reporting requirements under IFRS16, including preparation of required approval documents, capitalisation of leased assets and maintenance of lease creditor balances to the end of the lease lives. 
•    Have responsibility for the annual insurance review and return completion.

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:

•    Educated to degree level
•    Professional accounting qualification (ICAEW, CIMA, ACCA)
•    Strong knowledge of IFRS and Financial Reporting
•    Understanding of financial controls and processes
•    Experience of Financial forecasting and planning
•    Managing teams
•    Experience working within a fast paced UK plc. environment
•    Good working knowledge of an ERP system (SAP preferable).

•    Experience working within the manufacturing sector
•    Previous experience of working in a fast-paced, multisite PLC manufacturing environment.
•    Previous working experience in SAP.
•    Export control understanding and regulatory requirements
•    Experience of working to strict deadlines in a demanding environment.

What We'll Provide

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

  • Base salary upwards of £55,000  
  • Opportunity to earn up to 22.5% annual bonus (if permanent)
  • Car allowance (£5,500 annually, pro-rated for FTC)
  • Industry Leading Pension Scheme = we’ll match your contributions up to 8% on a 1 : 1.5 basis
  • Flexible working hours including the ability to finish at 12noon on a Friday
  • Life Assurance 8 x salary
  • 25 days' holiday + bank holidays
  • Income protection
  • Free on-site parking, canteen, shop, bike sheds, Cycle To Work Scheme, shopping discounts 
  • Employee Assistance Programme
  • A collaborative, dynamic working environment with significant career development opportunities

The role may evolve into covering all reporting units of GKN Aerospace in the UK in the future, we are looking for an experienced but ambitious person who is keen to grow their career by taking responsibility for managing the Treasury, Transactions & Governance of multiple sites.

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