Who is Senior plc?
Senior plc is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries. Senior designs manufacture and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defense, and land vehicle and power & energy markets. The Group is split into two divisions, Aerospace and Flexonics, servicing five key sectors.
Our global values underpin what we do, and how we do it …
Safety – Integrity – Customer Focus – Respect & Trust – Accountability – Excellence
Who is Senior Operations SoCal?
We are a technology-driven, team-oriented manufacturing company that takes pride in the relationships we build with our customers, suppliers and with each other. We offer exciting career opportunities in a fast-paced, dynamic team environment and reward employees who are motivated, innovative and results-oriented. We are looking for dedicated individuals to join us in engineering solutions for our customers.
What does the job involve?
The Financial Planning Analyst position is accountable for the cost accounting and operations finance function of the business. The job holder is required to have a natural self-starter capability and an ability to interact closely with finance and operations personnel to gather and communicate a wide array of financial information both in written and oral forms.
Responsibility areas include strategic planning, forecasting, budgeting, financial analytics, management reporting, and variance analysis. The main success factors for this role are integrating with and serving the business, connecting financial data to business operations to drive.
What will my responsibilities include?
- Support the CFO with development of suitable models to project trading performance over the longer term Strategy Financials, typically extending up to 5 years forwards.
- Develop trend analyses as necessary and required to illustrate and validate the data.
- Model out alternatives for situations requiring a commercial decision, e.g. make-buy.
- Ensure the accuracy of models and source data feeding them.
- Support commercial department enquiries for data related to new bids and proposals as required.
- Support the weekly and monthly accounting close and reporting cycle, with emphasis on accuracy and on time delivery of data.
- Develop and maintain detailed models to allow for frequent forecast updates through the year, and the development of the annual budget to the same level of detail.
- Scope includes analysis of revenues from projected demand, modeling cost of goods sold, spending, headcount requirements and cost recoveries.
- Keep a reconciled analysis of inventory balances and routinely share the data with operations in support of optimizing inventory levels.
- Ensure inventory transaction processing is performed correctly and monitor any variances arising.
- Maintain calculations for required inventory reserves, to include work-in-progress aging, quality risk, obsolescence and other reserve categories as required.
- Update and reconcile the balances on an ongoing basis.
- Oversee the periodic inventory cycle count process, ensuring adherence to the established policy.
- Analyze results and any adjustments, investigate variances, and resolve issues through the proactive use of root cause analysis.
- Work closely with operations to analyze and interpret data.
- Develop clear presentation of actual and forecast performance in a suitably detailed manner, relevant to the audience.
- Scope includes analysis of revenues by category, gross margin performance, measurement of factory efficiency, overhead spending, scrap reporting, cost recovery and price and cost variances.
- Establish suitable cost recovery rates for inventory valuation at the beginning of each calendar year.
- Interface with the CFO to appropriately manage any recovery variances.
- Interface with internal and external auditors as required, providing timely and relevant data to respond to their enquiries.
- Leverage business, financial, and systems knowledge to generate business insights, and help identify cost savings opportunities.
- Engage in Lean and Continuous Improvement related efforts as appropriate.
- Facilitate the effective use and further development of the Jet Products ERP system.
- Support the overall adherence to Minimum Standards of Internal Control, and the ability to demonstrate full compliance with the Corporate Controls Framework at year-end.
What key skills and experience do I need?
- Must be detail oriented, have the ability to solve problems, provide clear verbal and written communication.
- Strong analytical and quantitative skills.
- Proficiency in reading and interpreting financial documents.
- Advanced Excel skills (ie, recording and debugging macros, charting, pivot tables)
- Ability to use historical trends to develop dynamic budgeting and forecasting models Additional Knowledge Skills and Abilities.
- Basic knowledge of data mining tools such as Access, SAS, and SQL
- Knowledge of financial models and tools such as NPV, IRR, etc • Ability to work efficiently and effectively.
What qualifications should I have?
Minimum Requirements:
Education:
- Bachelor’s Degree in Business, Accounting, Finance or related discipline, CPA, CMA or MBA preferred.
Experience:
- 5-10 years’ experience in Accounting or Finance, with a high proportion of this time in a manufacturing setting.
Why Join Senior Aerospace Jet Products?
Joining Senior means not only a rewarding career with a tight-knit and collaborative team, but you will also enjoy a competitive compensation package that includes a market-led base salary, commission plan, and a comprehensive benefits package along with wellness benefits, employee recognition program, matching 401k plan, paid vacation, flexible hours, employee wellness activities, tuition reimbursement, and community involvement initiatives.
If offer of employment is made it will be contingent upon passing all of the following: Drug Test, Background Check, ITAR and U.S. Export Compliance Screening.
Equal Opportunity Employer: minority/female/disability/veteran
Access to our facility (and, therefore, employment) is restricted under the International Traffic in Arms Regulations (ITAR) and/or Export Administration Regulations (EAR) to U.S. Citizens, lawful permanent residents, U.S. refugees, asylees or temporary residents under amnesty provisions [as defined in 8 USC 1324b(a)(3)] and properly licensed foreign persons. Applicants receiving a conditional offer of employment will be required to provide information to determine whether they are subject to these regulations and, if so, to assess their country of chargeability for trade compliance control purposes. Additionally, potential employee’s names will be screened against the Consolidated Screening List (maintained by the United States government) to determine eligibility to receive technical data.