Management Accountant

Job description

Are you interested in working at the business end of Aerospace, where airline brand meets innovative passenger experience? Then your next opportunity could be with Safran Seats, an industry award winning, premium designer and manufacturer of First and Business Class seating and technology. Our passenger experience prides itself on innovation, customization, quality and industrial design.

At Safran Seats, we are unique within aerospace, as we interface with both the world's biggest airlines and airframers alike, with the largest seats portfolio of all seats suppliers. One day you could be liaising with one of the world's largest airframers, and the next, some of the biggest airline brands around the world!

In the UK, Safran Seats specialises solely in the First Class and Business Class seating markets for wide body aircraft, with industrial and engineering teams in Cwmbran and Newport, Wales and Brackley, England.

The purpose of the Management Accountant role is to provide finance and business partnering support for the Engineering business area.

Key Responsibilities will include:
1. For the Engineering business area provide month end accounting (inc posting month end journals) and reporting of financial performance based on IFRS15 Revenue from Contracts principles, providing analysis, understanding on variances and advice on
corrective actions that could drive improvements.
2. Overall IFRS15 reporting compliance for the business.
3. Coordination and calculation of the annual RDEC self-assessment claim.
4. Coordination and calculation of the Patent Box tax claim.
5. Lead for financial submission of all Engineering/Technology grant applications.
6. Finance approver for purchase requisitions.
7. Facilitate and ensure robust inputs from business areas for forecasts, budgets and the MTP (Mid Term Plan).
8. Working closely with the Finance Manager - Programmes & Engineering, the Management Accountant - Programmes and Purchasing, and the Programme Managersand Directors, to provide financial support for robust EAC reviews identifying if corrective
action is required.
9. Provide monthly analysis and forecasts of cost saving initiatives for the Engineering business area, including validation of claimed savings.
10. Monthly review & analysis of RTDI.
11. Promote increased financial understanding and awareness in business areas, working with the Finance team and business to develop informative and value add KPI reporting.
12. Ensure adequate financial controls are in place and maintained and act as the conscience of the business ensuring that general controls and processes are adhered to in business areas in line with best practice.

Our in-house design studio co-creates the most innovative experiences in the sky with our airline customers and partners. Our dedicated engineering, production and in-service support facilities are integral to delivering a high-end quality product that we keep flying throughout the life of programme. We are fully supported by a wide team of support functions, from HR to Finance, to Business Development and Planning and Logistics, our team is built to give Safran Seats an end-to-end capability in house in the UK.

We focus on:

Our people
These are our four People Fundamentals that underpin everything we do at Safran:
* We believe in and fostering the conditions for diversity and inclusion to thrive
* We develop our colleagues skills and build opportunities so you can shape our future
* We create a trustworthy work place to support you, as you dare to act and innovate
* We encourage collaboration and mutual support between you and your colleagues
So you'll be supported every step of the way!

Sustainability
Our people are at the heart of our success, as we work together to achieve our mission: contributing to a safer and more sustainable aviation. We are tackling the biggest challenges in aerospace, with a commitment to work to decarbonise the industry by 2050.

Global Mobility
As part of the Safran Group, across our businesses we are market leaders in aerospace, defence and space; there is always potential for future mobility in the UK and internationally.

Desired profile

* Qualified Accountant
* Good understanding of discounted cash flow modelling and financial assessment of different business options.
* Proficient in the use of all MS Office packages, particularly Excel and Powerpoint.
* Month end accounting, reporting and forecasting support in a cross functional environment within Industry.
* Working within a fast paced Group Company environment.
* Building relationships with and managing internal customers and stakeholders.
* Strong attention to detail - role will prepare reports to be presented to senior Executives.
* Analytical mindset.
* Demonstrated ability to work to deadlines in a fast paced environment.
* Team player

No candidate will meet every single desired qualification. If your experience looks a little different from what we've identified and you think you can bring value to the role, we'd love to hear from you!

About Safran UK

Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defence and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 92,000 employees and sales of 23.2 billion euros in 2023, and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and innovation roadmap.
Safran is in the 1st place in the aerospace and defence industry in TIME magazine's "World's best companies 2023" ranking.

With over one million seats equipping the fleets of the major airlines, Safran Seats is one of the world's leading suppliers of seating for passengers, crews and helicopters thanks to innovative and high added-value solutions.