Finance Manager - Advanced Products

Raytheon Technologies; Harlow; On-site; GBP 50,000 - 90,000

Job description

Date Posted:
2025-01-10
Country:
United Kingdom
Location:
GBR01:Harlow, Essex, Kao One, Kao Park, Harlow, CM17 9NA
Position Role Type:
Unspecified

Job Title: Finance Manager - Advanced Products

Location: Harlow/Hybrid

Role Summary:
Reporting to the Senior Finance Manager, Advanced Products, the successful candidate will manage and develop a small team of qualified and part qualified accountants within the Sensors business pillars. The Finance Manager will be responsible for providing high quality business partnering and accurate, actionable financial analysis and insight to the Sensors business team and to Finance leaders across Raytheon UK and US.

The individual must have the resilience to work in a pressured environment and will be relied upon to provide proactive strategic input and leadership across the Business Programme Finance team. The individual will ensure compliance with financial governance and policy requirements; monthly business forecasting and reporting; AOP and 5 year plan strategic planning; project accounting (EACs); investment; balance sheet reviews; cash and foreign exchange management.

Responsibilities:

1. Partner and act as the Strategic Finance Business Partner for the Business Team and its Functional leaders, ensuring that finance is at the heart of the business.
2. Responsible for financial management, reporting and forecasting on key metrics including but not limited to: Bookings, Sales, Profit, Cash, Functional Budgets and New business investment.
3. Understand and communicate the link between programme and financial performance across the business providing insight into the numbers for business leads and key stakeholders helping shape decision making and business strategy.
4. Support the business in establishing Annual Operating Plans (AOP) and Long-Range Plans (LRP) ensuring interlock with functions.
5. Support new business proposals for Gate Reviews including: pricing strategy, basis-of-estimate generation; foreign exchange management; risk and opportunities management; investment and contract negotiation support.
6. Management of Quarterly Estimate at Completion (EAC) processes including high profile fixed price programmes with complex commercial and financial arrangements.
7. Management and reporting of Inventory AR balances, ensuring balances and burndown plans are monitored and well understood across the business team.
8. Ensure financial processes are delivered on time and well understood by the business and other key stakeholders including Risk and Opportunity Management, Earned Value Management, Forecasting.
9. Line manage and develop team members to maintain a high performing business partner team supporting the Advanced Products business.
10. Establish and manage relationships with Collins US/UK business counterparts ensuring support to UK Senior Finance Analyst to deliver against financial commitments.
11. Act as the "financial conscience" of the business and ensure Business and Financial Policy adherence.
12. Champion best practice and look to improve systems and processes.
13. Work closely with the wider Finance Team and collaborate on cross functional improvement projects.
14. Actively promote the importance of accuracy, predictability and value add analysis across all finance deliverables, promoting where possible the importance of financial data and information.

Candidate Requirements:
Essential Skills:

1. Qualified accountant (CIMA/ACCA) with relevant commercial experience in a similar defence or complex contracting environment.
2. Previous experience in a business partnering role, interfacing and conducting business with various functional disciplines across a matrix organisation.
3. Resilience to work in a fast-paced organisation with ability to manage competing priorities.
4. Commercially astute and adept at strategic planning.
5. Excellent communication and stakeholder management skills.
6. Financial leadership experience or related experience.
7. Proven ability to actively drive resolution on critical business challenges and key issues.
8. Strong financial analytical skills and attention to detail.
9. Excellent systems skills - SAP, COGNOS Enterprise Planning and Business Intelligence, Power BI.
10. Experience in programme environment with knowledge of accounting for long term contracts, including Estimate at Completion.
11. Excellent presentation skills. Comfortable with data and detail, but having the ability to extract high level messages to support business decisions.
12. Current holder of or eligibility to obtain security clearance.

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