Overview:
Spirit AeroSystems designs and builds aerostructures for both commercial and defense customers. With headquarters in Wichita, Kansas, Spirit operates sites in the U.S., U.K., France and Malaysia. The company's core products include fuselages, pylons, nacelles and wing components for the world's premier aircraft. Spirit AeroSystems focuses on affordable, innovative composite and aluminum manufacturing solutions to support customers around the globe.
Role Purpose
To be the key financial contact for and support to the Aircraft Project. The role requires the development of a full and in-depth understanding of project revenue stream, cost structure and key risks and opportunities. The role requires the financial performance of the programme to be clearly presented at all levels within the business to both financial and non-financial audiences.
Program Accountant
This opportunity, based at our Prestwick site offers:
- 37 hour working week (half day Friday)
- Generous shift premiums
- 33 days holiday per year, rising with service with a Christmas and New Year closure
- Virtual GP Service 365 days per year
- Annual Bonus related to company performance
- Range of flexible benefits including:
- defined contribution pension scheme (default contributions; 4% employee and 8% employer)
- holiday buy/sell
- partner life assurance
- critical illness insurance
- ISA investment options
- employee stock purchase plan
- dental insurance
- private medical insurance
- cycle to work scheme
- technology vouchers
- Employee Assistance Program
- Online wellbeing programme
- Online Gym access with Nutritional guidance
- 24/7 Legal Advice
- Mental health service for employee and immediate family
- Enhanced maternity pay
- Death in service payment (default 4 times basic salary)
- On site Occupational Health Department
- Company funded physio
- Company funded counselling services
- Professional development and growth
- Internal vacancies
- Coaching and mentoring
- Opportunity for career advancement
- Free car parking
- And more!!
Responsibilities:
- To ensure the overall integrity of the financial reporting of the projects performance:
- Labour & overhead performance against budget/forecast
- Supply chain performance to budget/forecast
- Specific Project Issues – make/buy, cost/benefit appraisal
- To present the financial performance of the programme to both finance and non-finance audiences up to and including SLC review level.
- To take responsibility for the month-end being closed and the Project Accounts being fully reconciled giving an accurate and fair view of the Project’s Financial position.
- To complete the Contract Status Report and all associated reporting for review by the Finance Manager and ultimately SLC.
- To support decision making processes and to challenge performance of contacts where necessary by analysing key issues and trends, risks and opportunities.
- To support the Estimate at Complete (EAC) process through the development and maintenance of accurate and robust life of contact models.
- To develop strong and productive working relationships with the wider organisation to ensure information incorporate into EAC’s is correct, current and has full buy-in from the organisation.
- To have a full understanding of Block Accounting and the impact this process has on profitability reporting and potential cumulative-catches.
- To fully understand the classifications of inventory and how long-term/block accounting can impact different inventory classifications.
- To support quarterly stock-count activity by ensuring counts are undertaken diligently and accurately.
- To liaise with all external parties (Auditors, Customers) as required by the role.
Qualifications:
Knowledge, Skills and Experience
- Commercially aware and have a relevant accountancy background.
- A sound knowledge of accounting is essential, in particular an understanding or experience of long-term contract accounting would be beneficial.
- IT literate and must have a good level of competence with Excel, PowerPoint. Experience of SAP would be an advantage although not essential.
- A current recognised professional accountancy qualification (eg CA, ACCA or CIMA), but need not have significant post-qualifying experience.
- Self motivated, willing to learn and confident in approach to dealing with all areas and levels within the business.
- A willingness to challenge information rather than take on face value.
- Excellent communication skills are essential.
Decision Making Authority
Technical decision making - would be expected to know/apply technical accounting skills to decisions (eg. appropriate accounting treatment for a certain circumstance) and work on from that decision point.
Would still be expected to articulate reason for decision and seek approval for any significant decisions that materially affect the financial statements of the business.
Would be expected to be able to differentiate between day-to-day operational decisions not needing approval vs those needing approval.
Would be expected to have some decision making authority when dealing externally with customers/suppliers/auditors.
However this authority would still remain within the scope of the role and would not carry any authority to make any binding commitments on behalf of Spirit with any third party.
Closing Date; 11th August at 4pm
Spirit AeroSystems is an equal opportunity employer and considers qualified applicants for employment without regard to race, colour, creed, religion, national origin, sex, sexual orientation, gender identity and expression, marital or civil partnership status, pregnancy, age, disability, veteran status or any other protected factor under federal, state or local law.