Airbus is in the process of acquiring the trade and assets of a key supplier. A new company (Airbus Newco) will be established for this purpose. Airbus Newco will have turnover of c. £400m with many stakeholders relying on the timeliness and accuracy of the financial information.
The individual will be part of a dynamic team, working across different sites. They will work closely with the Accounting team of Airbus Operations Limited in order to deliver financial information in the most efficient way possible. It is vital that they understand the activities of the business in order to pre-empt potential issues and to identify possible errors in the data.
Responsibilities
Key responsibilities pre deal closing are as follows:
Setting up lead ledgers in SAP (P11)
Assisting with Due Diligence on the opening balance sheet
Loading assets into SAP with the correct data attributes
Defining and documenting key financial processes and controls
Ensuring internal controls are in place in line with Airbus ERM requirements
Key responsibility post-closing is to contribute to the 'on time, on quality' delivery of the monthly consolidation package and annual statutory accounts for Airbus Newco. This involves the:
Application of IFRS, in line with Group Accounting Policies
Oversight of key internal controls and regular reporting of risks and opportunities through the ERM tool
Continual review of processes and procedures to identify and implement improvements
Analysis of data trends using understanding of business operations
Application of UK GAAP in order to produce the UK statutory accounts
Contribution to internal and external audits
Co-ordination of inputs and deliverables from shared service centre (AGBS)
Provision of information to the Tax team to support tax computations
Skill Set
Qualified Accountant with experience of working in an accounting team
Understanding of IFRS and UK GAAP reporting requirements
Knowledge and experience in SAP or equivalent financial reporting tools
Ability to work in a dynamic, enthusiastic team and to contribute with a positive, proactive mindset
Strong communication skills - multiple stakeholders at different levels and in different countries
Continuous improvement mindset
Experience of interacting with internal and external audit teams