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Finance Analyst - Hybrid - Kilkeel

Date Posted:2025-03-11Country:United KingdomLocation:BE Aerospace UK Limited, 2 Moor Road, BE - Kilkeel, Kilkeel, BT34 4NG and Unit 3, The Inner Basin, The Harbour, Kilkeel, County Down, Northern Ireland, BT34 4AX.Position Role Type:UnspecifiedApply now and be part of the team that’s redefining aerospace, every day.Collins Aerospace, a Raytheon Technologies company, is a leader in technologically advanced and intelligent solutions for the global aerospace and defence industry. Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers’ toughest problems and to meet the demands of a rapidly evolving global spanet. We are currently on the lookout for a Finance Analyst to join the team in Kilkeel.What We Offer:• 25 days Annual Leave & Public Holidays• Pension Scheme up to 10 Employer Contribution• Attractive Compensation Package• Early finish Fridays• Group Income Protection• Private Medical Care• Professional Development + Growth• Support with professional feesKey Responsibilities:This role presents an opportunity to join a dynamic and constantly evolving manufacturing operation which has a reputation for World Class performance and is regarded as an industry leader in its field. The finance function supports this site through the provision of accurate and timely reporting as well as partnering withother functions to identify opportunities for improvements at all levels. This role is within our costing team who support the following activities.Costing Team Key Responsibilities:• Ensure compliance with ‘over time’ revenue recognition guidelines including applying the correct treatment to programs as advised by seating group, accurately calculating the revenue recognition adjustments to Sales and Cost of Sales for actuals and forecasting• Ensure compliance with capitalized engineering accounting treatment including applying the correct treatment to programs as advised by seating group, accurately calculating the accounting adjustments to Sales and Cost of Sales for actuals and forecasting• Deliver value added variance and transactional analysis on materials, labour, inventory, freight, scrap & inventory adjustments• Monitor and support the achievement of Cycle Count metrics to ensure adherence to SOX control requirements by liaising with logistics team on the cycle count plan for the year and monitoring progress.• Support standard setting process and the successful completion of annual cost roll• Prepare journals and balance sheets reconciliations• Support the provision of requested information to all stakeholders, including internal & external auditors• Perform other related duties as requiredKey Requirements:• Hold or working towards a qualification with one of the recognised UK/Ireland Accounting Bodies (i.e. CIMA, ACCA, ICAI or ICAEW).• Strong PC skills, particularly Microsoft Excel.• Proven problem-solving skills, demonstrating analysis and decision-making competence• Excellent communication skills and ability to work confidently with other departments.• Working knowledge of SAP• Manufacturing costing experiencePersonal Attributes:• Leadership – Ability to coordinate and supervise group work efforts. Ability to drive accountability / ownership with direct reports. Proven ability to work as an effective business partner working in a matrix organization and providing support to multiple stakeholders.• Communication / Presentation – Accomplished written and verbal communication skills.• Capability to work cross functionally and at all levels in the organization. Ability to analyse, interpret, and communicate complex data in a clear and concise manner to all levels of the organization• Data Management – the ability to manage large volumes of complex data, gather information from various functions, and communicating findings clearly and succinctly.• Time / Priority Management – Proven ability to effectively manage multiple priorities, often with demanding time constraints, in a fast paced environment.• Problem Solving / Decision Making – Demonstrates ability to work through complex issues, identify potential solutions, present findings to leadership, and implement corrective action.• Results / Execution - Strong drive for results, attention to detail, and accuracy. Embrace our culture for continuous improvement.Application Deadline: March 30thRTX adheres to the principles of equal employment. All qualified applications will be given careful consideration without regard to ethnicity, color, religion, gender, sexual orientation or identity, national origin, age, disability, protected veteran status or any other characteristic protected by law.Privacy Policy and Terms:Click on this link to read the Policy and Terms
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What You Should Know About Finance Analyst - Hybrid - Kilkeel, Collins Aerospace

Join our dynamic team at Collins Aerospace as a Finance Analyst, based in the picturesque Kilkeel location and enjoy the benefits of a hybrid work environment! Here at Collins Aerospace, we're at the forefront of advanced solutions for the aerospace and defense sectors, striving daily to tackle challenging problems and achieve excellence. The Finance Analyst role is crucial for providing accurate financial reporting and insights that help us excel further. As part of a dedicated costing team, your responsibilities will include ensuring compliance with revenue recognition guidelines, delivering comprehensive variance analysis, and maintaining exceptional communication with various departments. Your problem-solving skills and attention to detail will be critical as you monitor cycle count metrics and support standard setting processes. We highly value professional development, offering a range of support including a solid pension scheme, attractive compensation, and early finishes on Fridays. If you’re driven, detail-oriented, and ready to take on exciting challenges while enjoying 25 days of annual leave plus public holidays, we want to hear from you! Apply now and be part of a leading company that prioritizes growth, teamwork, and outstanding performance.

Frequently Asked Questions (FAQs) for Finance Analyst - Hybrid - Kilkeel Role at Collins Aerospace
What are the responsibilities of a Finance Analyst at Collins Aerospace?

As a Finance Analyst at Collins Aerospace, your responsibilities will include ensuring compliance with revenue recognition guidelines, delivering variance and transactional analysis on costs, supporting cycle count metrics, and preparing journal entries and balance sheet reconciliations. You will also collaborate with internal and external stakeholders to deliver timely and accurate financial information.

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What qualifications do I need to become a Finance Analyst at Collins Aerospace?

To be considered for the Finance Analyst position at Collins Aerospace, you should hold or be working towards a qualification with a recognized UK/Ireland Accounting Body such as CIMA, ACCA, ICAI, or ICAEW. Strong Excel skills and problem-solving abilities are essential, along with experience in manufacturing costing and a working knowledge of SAP.

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What skills are essential for a Finance Analyst role at Collins Aerospace?

Essential skills for a Finance Analyst at Collins Aerospace include strong analytical skills, excellent communication ability, proficiency in Microsoft Excel, problem-solving capabilities, and the capacity to manage complex data effectively. Collaboration across various departments and the ability to work under tight deadlines are also vital.

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What benefits can I expect as a Finance Analyst at Collins Aerospace?

As a Finance Analyst at Collins Aerospace, you can look forward to numerous benefits including 25 days of annual leave and public holidays, a pension scheme with up to 10% employer contributions, early finish Fridays, group income protection, private medical care, and support for your professional growth.

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What is the company culture like at Collins Aerospace for Finance Analysts?

Collins Aerospace fosters a culture of continuous improvement and collaboration, where Finance Analysts can actively contribute to decision-making processes and work closely with diverse teams. You will thrive in a fast-paced environment that values accountability, integrity, and innovation, making it an exciting place to grow your career.

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Common Interview Questions for Finance Analyst - Hybrid - Kilkeel
Can you describe your experience with revenue recognition guidelines?

In preparing your response, highlight any relevant experiences you've had with revenue recognition, particularly in manufacturing or aerospace environments. Explain how you've applied these guidelines in your previous roles, showing a clear understanding of compliance requirements and accuracy in reporting.

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What tools do you use for financial data analysis?

When answering, mention specific software or tools you've utilized, such as advanced functions in Microsoft Excel or SAP for financial analysis. Discuss how these tools have aided you in delivering insights and improving reporting accuracy in your previous roles.

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How do you handle tight deadlines in your finance roles?

Share examples of how you've successfully managed multiple priorities under tight timelines. Discuss your time management strategies, such as prioritizing tasks effectively, seeking assistance when needed, and communicating proactively with stakeholders.

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Describe a complex financial problem you've solved.

Provide a detailed account of a complex financial issue you encountered, how you approached it, the analysis you performed, the solutions you implemented, and the outcome. Showcase your analytical skills and ability to collaborate with other team members.

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How would you ensure accuracy in your financial reports?

Emphasize your attention to detail and the processes you use to double-check your work. Discuss tools or techniques you implement to validate figures, such as reconciliations and peer reviews, to ensure high-quality financial reporting.

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How do you work collaboratively with other departments?

Talk about specific experiences where you collaborated with teams outside of finance. Highlight the importance of effective communication, understanding different perspectives, and working towards common goals to achieve success in your finance role.

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What experience do you have with cost analysis?

Mention any relevant experience you've had related to cost analysis, particularly in a manufacturing setting. Discuss how you performed variance analysis and calculated adjustments, while providing examples of how your analysis led to cost-saving initiatives.

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What motivates you to excel as a Finance Analyst?

Your answer should reflect a mix of professional ambition and personal satisfaction. Highlight your passion for numbers, problem-solving, and making a meaningful impact, as well as your drive to continue learning and growing in the finance field.

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What is your understanding of SOX compliance?

Make sure to touch on your foundational knowledge of SOX compliance, explaining its importance in financial reporting and control. Discuss how you've ensured compliance in previous roles, particularly concerning financial processes and procedures.

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How do you approach variance analysis?

Explain your process for executing variance analysis, detailing how you investigate discrepancies between budgeted and actual figures. Discuss the tools and methodologies you employ to identify trends and communicate findings to your team and stakeholders.

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