Interim FP&A Director

  • Location

    Coventry, West Midlands

  • Sector:

    Engineering

  • Job type:

    Contract

  • Salary:

    £80000 - £90000 per annum

  • Contact:

    Experis UK

  • Contact email:

    Ben.McRae@experis.co.uk

  • Job ref:

    BBBH125382_1597671055

  • Published:

    2 months ago

  • Duration:

    6 months

  • Expiry date:

    2020-09-28

  • Start date:

    ASAP

  • Client:

    #

Role: Interim Airframe Systems Divisional FP&A Director

Location: Coventry

Duration: 3-6 months

Rate: Negotiable on experience (PAYE only)



The Division:
Our Airframe Systems division brings together an extensive range of capabilities called upon by the world's leading civil and military aircraft manufacturers and Technologies, as well as others in the aerospace and defence sector who supply them. The division comprises of five product groups: Braking Systems, Fire & Safety, Power & Sensing, Fuel Systems & Composites and Polymer Seals.


Purpose:
The Divisional FP&A Director plays a key role in ensuring that all sites and product groups in the division have an effective financial planning and reporting process in place which enables management at all levels in the organisation to make optimal decisions and communicate results and forecasts to both internal and external customers / shareholders.

Specific responsibilities:

  • Provides a consolidated division financial plan which meets the needs of division management and Group, ensuring clear variance explanations, sensitivity analysis and effective identification of O&R (opportunities and risks). Owns the budgeting and forecasting work process, and directs PG (product group) FDs accordingly.
  • Assists Division FD with development of PG targets; tracks and forecasts target achievement throughout the year.
  • Owns the continuous improvement of the financial planning process for the division, and is a key contributor of the cross division / Group FP&A team.
  • Responsible for delivery of monthly financial results information including input for the Division President's report, Finance Director's report, Division Leadership review, and CEO KPI review.
  • Consolidates and communicates the weekly flash forecast and variance drivers to the Division leadership.
  • Consolidates the monthly Outturn and O&R reports, reviews with FD and President, and communicates to Group.
  • Provides financial leadership as part of the annual strategic planning process, and owns the strategic planning financial model.
  • Provides data and decision analysis support for initiatives with financial impact including (but not limited to) revenue growth, gross margin improvement, R&D programmes, operating cost savings / productivity improvements, staffing plans, working capital improvement, and capital expenditures.
  • Provides data, business case modelling and decision analysis support for acquisitions and divestitures.
  • Provides consolidated division customer and program reporting to the division leadership, and provides analysis to the Programme Management and Sales & Marketing teams to improve profitability and customer satisfaction.
  • Provides analysis and decision support for the division engineering and operations functions. This should include ensuring the KPI data pack is accurate and consistent, liaising with MREP team as needed.
  • Provides analysis and decision making support as needed for customer bids (BAR's), and partners with Sales & Marketing to track and analyse the win / loss performance for the Division inclusive of variance to the ten year plan.
  • Oversees the CER review and approval process, as well as the PIR (post investment review) process for the division.


Key skills and competencies required:

  • Accounting qualification (eg ACA, CPA, CIMA) or similar
  • >7 years ofFP&A experience preferably gained in a long-term contracting, R&D driven,multi-site manufacturing environment with expertise in the preparation and communication / presentation of the following:
    • Budgets and forecasts
    • Business case models
    • Standard costing and margin analysis
    • R&D investments; impairment analysis
    • Working capital analysis
    • CAPEX investment analysis

To apply please send your CV's in the first instance