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Commercial Finance Business Partner

Fantastic challenges. Amazing opportunities. GKN Aerospace is reimagining air travel: going further, faster and greener! Fuelled by great people whose expertise and creativity sets the standards in our industry, we’re inspired by the opportunities to innovate and break boundaries. We’re proud to play a part in protecting the world’s democracies. And we’re committed to putting sustainability at the centre of everything we do, opening up and protecting our planet. With over 16,000 employees across 33 manufacturing sites in 12 countries we serve over 90% of the world’s aircraft and engine manufacturers and achieved sales of £3.35 bn.in 2023. There are no limits to where you can take your career.Job SummaryThis position independently performs assigned accounting functions requiring the application of accounting principles and practices for GKN Aerospace.This role is an onsite position!Job Responsibilities• Establishes, modifies, documents and coordinates the implementation of accounting control procedures, compliance requirements, and monthly & YE closing activities & documentation• Ensures balance sheet positions are reconciled, understood, and aged or judgmental items are actioned to minimize them, this includes both at the RU and Program level of fidelity• Supports the preparation for RU(s) internal and external audits, obtaining documentation and supporting technical accounting matters• Weekly AR/AP cash forecasting management, ensuring accuracy and integrity within the collection and projection analysis• Conduct variance analysis to compare actual financial results against budgeted and forecasted figures• Provide insight, analysis and support in interpreting and acting on financial data• Provide insights into key performance indicators and financial trends• Assist with system enhancements to increase efficiency in the ERP system• Financial risk and opportunity management, including developing CapEx proposals, business case support, financial modeling, corporate & divisional reviews, etc.• Performs other duties, tasks and responsibilities as assigned by management to support the company’s goals and objectivesJob QualificationsRequired Qualifications:• Bachelor degree in accounting or in lieu of this 5 years experience• 3+ years’ experience in the field of financial analysis• Advanced Excel, Power Point and Reporting skills required• Internal Control• Analytical Skills• Accounting Process & Understanding• Accounting Regulations & StandardsPreferred Qualifications:• GKN Experience• 3+ years’ experience in the manufacturing industry, preferably Aerospace• Understanding of generally accepted accounting practices (GAAP) and all related legislation and regulation, including both cost and general accounting principles.• Strong written, verbal, analytical and skills.• Connects and builds strong relationships with others, demonstrates emotional intelligence and an ability to communicate clearly, collaboratively and persuasivelyWe’ll offer you fantastic challenges and amazing opportunities. This is your chance to be part of an organisation that has proven itself to be at the cutting edge of our industry; and is committed to pushing the boundaries even further. And with some of the best training on offer in the industry, who knows how far you can go?A Great Place to work needs a Great Way of WorkingEveryone is welcome to apply to GKN. We believe that we can only achieve our ambitions through a coming together of diverse minds who enjoy collaborating in an inspirational environment. Through our commitment to diversity, inclusion and belonging and by living our five powerful principles we’ve created a culture where everyone feels welcome to contribute. It’s a culture that won us ‘The Best Workplace Culture Award’. By embracing and celebrating what makes us unique we encourage everyone to bring their full self to work.We’re also committed to providing an accessible recruitment process, so if you require reasonable adjustments at any stage during our recruitment process please get in touch and let us know.We are the place where human dreams, plus human endeavour, shape the future of aerospace innovation and technology. ​​
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What You Should Know About Commercial Finance Business Partner, Amdocs

Are you ready for an exciting journey with GKN Aerospace as a Commercial Finance Business Partner? Located in the beautiful TRI CITIES of Washington, you'll be joining a passionate team dedicated to reimagining air travel and committed to sustainability. In this role, you will independently tackle key accounting functions that support our mission. With your expertise in financial analysis and accounting principles, you'll dive into tasks like implementing accounting control procedures, managing cash forecasting, and performing variance analysis to elevate our operational standards. You'll become an integral part of a company that serves over 90% of the world's aircraft manufacturers, working closely with different teams to provide insights and analysis that will impact key financial decisions. At GKN Aerospace, no day is the same – from supporting audit preparations to enhancing our ERP systems for efficiency, your contributions will resonate throughout the organization. Plus, with a strong emphasis on professional development and collaboration, you'll have fantastic opportunities to grow your career in an industry that truly matters. With us, your skills and creativity will not only be appreciated but also recognized as essential in guiding our future successes. If you're passionate about finance and want to play a role in a company that's pushing the boundaries of aerospace innovation, GKN Aerospace is the place for you!

Frequently Asked Questions (FAQs) for Commercial Finance Business Partner Role at Amdocs
What are the responsibilities of a Commercial Finance Business Partner at GKN Aerospace?

The responsibilities of a Commercial Finance Business Partner at GKN Aerospace include establishing and coordinating accounting control procedures, performing variance analysis, and managing cash forecasting. Your insights into financial data will aid in critical business decision-making, and you'll support internal and external audits.

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What qualifications are required for the Commercial Finance Business Partner position at GKN Aerospace?

Candidates for the Commercial Finance Business Partner role at GKN Aerospace should ideally possess a Bachelor's degree in accounting or equivalent experience, along with at least 3 years of financial analysis experience. Advanced skills in Excel and PowerPoint, along with a solid understanding of accounting regulations, are also essential.

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What skills will I use as a Commercial Finance Business Partner at GKN Aerospace?

As a Commercial Finance Business Partner at GKN Aerospace, you will utilize analytical skills, internal controls expertise, and advanced reporting capabilities. You'll also enhance your emotional intelligence, allowing you to build solid relationships across teams to foster collaboration and effective communication.

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How does the work culture at GKN Aerospace support the role of a Commercial Finance Business Partner?

GKN Aerospace prides itself on a diverse and inclusive work culture that encourages collaboration and innovation. As a Commercial Finance Business Partner, you'll thrive in an environment where everyone's unique perspectives are valued and where robust training programs are available to help you develop professionally.

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What opportunities for growth are available for a Commercial Finance Business Partner at GKN Aerospace?

GKN Aerospace offers a plethora of growth opportunities for a Commercial Finance Business Partner, including professional development programs, exposure to advanced aerospace projects, and the ability to take on varied responsibilities that expose you to different facets of the financial landscape.

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Common Interview Questions for Commercial Finance Business Partner
What strategies do you use for performing variance analysis?

When discussing variance analysis, focus on your systematic approach—explain how you collect data, identify variances, and analyze trends over time. Specific examples from your past experience can provide insights into your analytical capabilities.

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How do you ensure accuracy in financial forecasting?

To ensure accuracy in financial forecasting, detail your methods for gathering comprehensive data, using historical analysis, and staying updated on market trends. Highlight your experience with forecasting tools and discuss how you validate your forecasts.

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Can you describe your experience with ERP systems?

For ERP systems, share your hands-on experience, including the specific systems you’ve worked with, types of reports generated, and ways you've contributed to system enhancements. Emphasize your familiarity with process improvements through ERP utilization.

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What steps would you take to prepare for an internal audit?

In preparation for an internal audit, outline your proactive approach—gathering necessary documentation, reviewing compliance with internal controls, and ensuring clear communication with the audit team. Discuss your systematic review process to align all documentation effectively.

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How do you approach establishing accounting control procedures?

Describe your method for establishing accounting control procedures, emphasizing your understanding of risk management and regulatory requirements. Discuss how you foresee potential challenges and implement solutions to maintain compliance and accuracy.

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What is your understanding of GAAP and its importance in financial reporting?

Express your solid grasp of GAAP principles, highlighting their significance in ensuring the integrity and transparency of financial reporting. Include examples of how you've applied GAAP standards to past projects or analyses.

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How do you analyze financial data to support business decisions?

Detail your process for interpreting financial data—show how you correlate data with business objectives and KPIs. Provide examples of how your insights have influenced strategic decisions in past roles.

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What experience do you have in cash flow management?

Discuss your experience managing cash flows, including forecasting, tracking AR/AP, and devising strategies to optimize cash availability. Highlight specific techniques or tools you have used to enhance cash flow management.

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How do you build relationships with non-financial teams?

Talk about your approach to teamwork—mention the importance of communication, adaptability, and demonstrating an understanding of non-financial perspectives. Give instances where your collaboration led to successful outcomes.

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What motivates you in your role as a Commercial Finance Business Partner?

Share what drives your passion for the role—be it problem-solving, influencing company strategy, or contributing to meaningful projects. Ensure you connect your motivations to the impact you aim to make at GKN Aerospace.

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Full-time, on-site
DATE POSTED
December 22, 2024

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