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Accounting Manager

Date: Sep 21, 2022

Location: Papendrecht, NL

Company: GKN Aerospace Careers

About Us

GKN Aerospace is the world’s leading multi-technology tier 1 aerospace supplier. With 38 manufacturing locations in 12 countries, we serve over 90% of the world’s aircraft and engine manufacturers. We design and manufacture innovative smart aerospace systems and components. Our technologies are used in aircraft ranging from the most used single aisle aircraft and the largest passenger planes in the world to business jets and the world’s advanced 5th generation fighter aircraft.


About the opportunity

GKN Aerospace is a global engineering business. Every time you travel by air almost anywhere in the world, it is likely that GKN is helping you on your way. We design, manufacture and service systems and components for original equipment manufacturers around the world. We are continuously evolving, pioneering new technologies and reinventing existing ones, stretching ourselves to be better in everything we do.

We are looking for people who want to make a difference, talented members with the skills and passions to become the best of the future in what they do.

Role Purpose

The Accounting Manager is primarily responsible for all transactional and general accounting processes, reporting and internal control within the Dutch GKN Fokker Group. In addition, he/she performs and assists with skilled analytic reviews and reports.
Scope: GKN Aerospace Netherlands B.V. and all subsidiaries. 
Sales approx. €750m (FY 2022)
 

Key Accountabilities

Essential

  • Able to set out a strategy to optimise the efficiency and effectiveness of the finance function. This includes, but is not limited to, optimizing processes through automation, implementing new tools and systems, optimizing the legal and tax structure, etc);
  • Manage the team of accountants in accounts payable, accounts receivable and general accounting. Ensure development and engagement of the team;
  • IFRS compliant accounting for the group, adherence to GKN accounting manual as well as compliance with US Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS), Dutch GAAP and tax laws. Ensure that the payment process is in line with Melrose payment principles and that the risk of fraudulent payments is adequately managed;
  • Monthly accounting closing process, intercompany clearing, documentation of all internal (financial) controls, sign-off of GKN control statements, VAT/payroll tax accounting and filing; 
  • Improve and maintain the internal control framework, including appropriate segregation of duties and execution of internal control procedures, including all controls in IT applications (ERP and other systems used in financial processes);
  •   Statutory reporting including:
    • IFRS consolidated financial statements for Fokker Technologies Group (Dutch large companies structure regime applicable).
    • Monthly consolidated reporting for Statutory Management Board, Central Works Council and Supervisory Board.
    • Standalone financial statements for all companies where required (in The Netherlands, Romania, Mexico, Turkey, China and India).
    • VAT filings.
    • Bureau of Statistics filings.
  • Drive the process of all internal and external audits by planning the audit for all group entities, ensuring appropriate preparation, overseeing execution and ensuring timely follow up of findings;
  •  Assist in the treasury and cashflow forecasting process by providing insight in supplier payments, customer overdues and foreign currency flows;
  • Work with Legal to ensure any claim and warranty risks are accurately and fully provided in the financials;
  • Work with HR to ensure an accurate payroll administration and payroll cost accruals, including payment of payroll tax, social security premiums and pension premiums;
  • Drive continuous improvement through initiating and executing changes to enhance the efficiency, effectiveness and quality of financial information, tools, processes, analysis and organization;
  • Support the Site, Business Line and Global Function FP&A functions in understanding and analysing financial results and balance sheet items;

Person Specification

Essential:

  • Capable of managing teams, processes and projects across multiple sites;
  • Highly experienced and qualified in accounting process and accounting principles (IFRS and Dutch GAAP) as well as Tax law;
  • Strong drive to be ‘in control’ of all finance processes and a drive for process improvement;
  • Strong analytical skills;
  • Forward-thinking and ability to work with other teams;
  • Master degree in accounting, auditing & controlling education;
  • Minimum of 3 years of experience in comparable roles;
  • Fluent in Dutch and English.

 

Desirable:

  • Experience in a big 4 auditing firm;
  • Record of accomplishment in an international production company. Affinity with Supply chain / operations;
  • Good communicator to stakeholders in Business Lines, Central (HQ) Financing Teams and other regional finance teams;

Travel Requirements

  • Prepared to travel domestically and occasionally internationally; 

Physical requirements or other local role requirements

  • The role is located in Papendrecht, the Netherlands and is able to visit all Dutch GKN/Fokker locations

Diversity Inclusion and Belonging (DIB)

As a global engineering company, innovation is what differentiates us from our competitors and is central to our success.

A balance of cultures, ethnicities and genders help bring new ideas and creativity to GKN. We need people of different backgrounds, with different skills and perspectives to spark originality, imagination and creativeness in our teams around the world.

GKN is an equal opportunity employer.

We treat all our employees and applicants fairly and are committed to ensuring that there is no discrimination or harassment against any employee or qualified applicant on the grounds of age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status or any other characteristic protected by law.

 

5 Principles

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