Position Summary
Magellan Aerospace has an exciting opportunity for Head of Finance.
- Full time, permanent position
- 39 hours per week
- Regional Role, Job location: Llay, Wrexham, LL12 0PB.
- Unionised site – works in partnership with Unite the Union.
As the head of finance for MALUK you will assume responsibility for ensuring accurate and timely financial information from each UK site, production of consolidated Wrexham Group financials and ensuring the wider business is supported at all times. You will be instrumental in moving the business forward in terms of processes, efficiency and financial understanding.
Perks and Benefits
- A company culture that promotes work life balance
- Access to mental health support
- Business performance related bonus
- Career development opportunities
- Commitment to continued learning and development
- Long Service Awards
- Enhanced Holiday Entitlement based on length of service
- Free parking
Essential Responsibilities
- Review of MALUK month end, quarter end, forecast and budget submissions from each site and to produce accurate and timely consolidation with narrative to support.
- Preparation of the weekly consolidated cash flow for UK sites, ensuring that these align with the monthly reported position.
- Review of funding requirements, ensuring loans are drawn and repaid timely.
- Lead all interim and year end audits.
- Establish standardisation within UK finance process and then improve on processes, systems and reporting.
- Work with internal audit to establish best in class process that can be rolled out to the rest of global organisation.
- Work closely with UK Divisional Manages to provide support for the development of action plans, aiding their financial understanding of decisions and to ensure compliance.
- Find and develop better ways of utilising SAP for operational and financial reporting and to improve the integrity of the data.
- Identify areas for cost reductions and areas of business risk.
- Work with the CI team to understand projects and the financial rewards, ensuring projects remain on track.
- Work with the commercial team to produce UK bid models that are fit for purpose, informative and has the correct level of analysis for corporate approval.
- Support the UK finance team and develop their capabilities. Understand ways to improve the engagement score within finance.
- Deputise for the European FD as required.
- Any other reasonable duties in support of business needs.
Position Requirements
Essential Criteria:
- Qualified accountant (CIMA, ACCA or ACA)
- Experience of treasury & cost accounting
- Experience of consolidating financial results
- Knowledge of FX and impacts to financial statements.
- Knowledge of ERP/MRP systems and accounting software packages
- Excellent interpersonal skills with the ability to interact at all levels
- Team player who takes ownership and to complete tasks
- Strong analytical skills
- Excellent IT skills
Desirable Criteria:
- Knowledge of SAP S4/Hana
- Track record in driving improvements
Other skills/Abilities
Competencies:
- Prioritisation
- Results driven
- Business acumen
- Excellent verbal and written communication
- Simplifying complex situations
- Problem solver
- Team working
Personal Attributes:
- Tenacious, resilient and hands on
- Displays Integrity and respect
- Creative in finding ways to do things better
- Acts ethically in all you do
- Ability to interact and collaborate well with all levels in the business
About us:
Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, defence and space agencies worldwide. The organization officially adopted the name “Magellan Aerospace Corporation” in 1996; deriving it from the intrepid explorer Ferdinand Magellan. His global exploits at the turn of the 15th century established a number of firsts, so the company’s vision has been to carry this same legacy into the future of the aerospace industry.
At Magellan, we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth: People create value. Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual, and every individual is fundamental to the success of our business, so we invest in our employees and provide excellent career progression opportunities. When you are part of Magellan, you are part of the team!
Confidentiality
Magellan Aerospace respects the privacy and confidentiality of personal information provided by candidates and shall not disclose to any external parties unless legislated.
Thank you for considering this exciting opportunity. This document is intended to provide the reader with information and is not a contractual document. Some of the material therefore may be subject to change.
