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Director of FP&A

TAT Technologies (“TAT”) is a fast-growing profitable provider of aerospace thermal management, power and actuation products and repair services. TAT is a strategic global partner to leading players in the aerospace industry and specializes in providing innovative commercial, defense, OEM and repair/overhaul solutions. Our experience, flexibility, and commitment to meeting customer’s requirements have positioned us to be a trusted partner to some of the world’s leading aircraft manufacturers, OEM’s, airlines, MRO’s, air forces and defense organizations. TAT employs more than 600 employees’ worldwide, with facilities in the US and Israel.

The Director of FP&A is a significant role within TAT Technologies leading a key vertical in the financial management of the company. This includes financial forecasting, KPI’s, budgeting process, operating plan, projects/bids costing, which includes price costing and pricing models to support winning proposals, cost analysis and cost controls. The Director of FP&A will provide financial consulting and strategic support to senior management including financial presentations, capital expenditure analysis, industry/peer group comparisons, new business opportunities and other projects requested by management. This role acts as the analytical/economic engine of the company to provide “optimal” business decision making. The Director of FP&A reports to the CFO and will work closely with the commercial team.

 

 Main Responsibilities

  • Create costing and pricing model for the various product lines and key customers
  • Develop tools to monitor and report on profitability, cost increases, annual price escalations, and recommendations for future improvements
  • Dedicated to report on key KPI’s and cost drivers to facilitate a performance dialogue, manage multiple real time cost control to support GM’s and BUM with meeting their monthly and quarterly goals
  • Partner directly with the financial controllers and operation directors to collaborate on metrics, goals, and business reviews
  • Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, and capital expenditures, highlighting trends and analyzing causes of unexpected variance
  • Ad-Hoc Reporting and Analysis
  • Develop financial models and analyses to support sales opportunities and strategic initiatives
  • New proposal and contract review and risk assessments including unusual costs, investments needed and legal wording
  • Implement and work with a Business Intelligence Tool, Salesforce and Dashboard reports
  • Improve performance by evaluating processes to drive efficiencies
  • Lead the enhancement and compliance of Business Finance processes, standards and systems
  • Manage a team of five to ten people across various locations

Professional Experience/ Qualifications

Minimum Requirements

  • BS in Economics, Finance or Business
  • 3+ years of experience in similar or progressive roles (manufacturing company experience is a plus)
  • General knowledge of accounting/financial/operational principles
  • Experience with a major company or a division of a large company
  • Hands on, able to roll up sleeves and perform day to day activities besides managerial role
  • Advanced Microsoft Excel and PowerPoint skills
  • Interpersonal and communication skills with the ability to interact with various management levels
  • A demonstrated record of success
  • Good professional judgment
  • High energy and a passion for a growth-oriented environment
  • Highly organized and ability to prioritize and multi-task.
  • Demonstrated ability to drive projects across an organization
  • Ability to think creatively, highly driven, and self-motivated
  • The ability to work in a dynamic environment
  • Work experience in a multi culture working environment including experience in working in matrix organization and reporting routines to corporate
  • Exposure to development of cost and pricing models

Preferred Requirements

  • MBA
  • Aviation industry MRO experience

TAT Technologies is dedicated to providing an inclusive, fun, and unique workplace. We believe in acknowledging and appreciating the value of our team members. One way we value our team is by providing a comprehensive and expansive benefits offering to include Major Medical, Dental, Vision, Life, 401K with company matching, STD, LTD, accidental coverages, EAP, and more.

Equal Employment Opportunities – TAT TECHNOLOGIES is committed to maintaining a supportive, healthy, and productive work environment free from discrimination, harassment, or bullying, and complying with all legislative requirements. This includes equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran.

Average salary estimate

$135000 / YEARLY (est.)
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$120000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director of FP&A, TAT Technologies Ltd

At TAT Technologies, we're on the lookout for a passionate and experienced Director of FP&A to join our dynamic team. As a thriving provider of aerospace thermal management and power solutions, we pride ourselves on our commitment to innovation and excellence within the aerospace industry. The Director of FP&A will play a pivotal role in steering our financial management approach, focusing on financial forecasting, budgeting processes, and operating plans while also leading projects related to pricing models that support our winning proposals. This position is not just about crunching numbers; it’s about bringing valuable insights that drive optimal decision-making. You’ll collaborate directly with senior management, assisting in capital expenditure analysis and industry comparisons while developing tools to monitor profitability and cost control. If you're a strategic thinker with advanced Excel skills and a knack for financial analysis, we'd love to hear from you. This role requires leadership and the ability to manage a diverse team while fostering a culture of performance and improvement. Join TAT Technologies in our mission to partner with leading manufacturers, airlines, and defense organizations, and help us shape the future of aerospace solutions!

Frequently Asked Questions (FAQs) for Director of FP&A Role at TAT Technologies Ltd
What are the main responsibilities of the Director of FP&A at TAT Technologies?

The Director of FP&A at TAT Technologies plays a crucial role, focusing on financial forecasting, budgeting, KPI development, and cost analysis. This position also involves creating pricing models for various product lines and conducting reviews on new proposals and contracts related to financial risk assessments.

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What qualifications are required for the Director of FP&A position at TAT Technologies?

Candidates for the Director of FP&A at TAT Technologies should possess a BS in Economics, Finance, or Business and have at least 3 years of experience in similar roles, preferably within a manufacturing environment. Familiarity with accounting principles and advanced Excel skills are vital for success.

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How does the Director of FP&A support senior management at TAT Technologies?

The Director of FP&A at TAT Technologies provides strategic financial consulting and supports senior management through detailed financial presentations, analyses of capital expenditures, and industry benchmarks that help guide business decisions and uncover new opportunities.

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What tools and skills are important for the Director of FP&A at TAT Technologies?

Essential skills for the Director of FP&A at TAT Technologies include advanced proficiency in Microsoft Excel and PowerPoint, strong analytical capabilities, and the ability to implement Business Intelligence tools for effective reporting. Experience in a multicultural setting and the aviation industry are advantageous.

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What kind of work environment does TAT Technologies offer the Director of FP&A?

TAT Technologies fosters a supportive and inclusive work environment where team members are valued and encouraged to thrive. The company provides comprehensive benefits and promotes a growth-oriented atmosphere where innovative thinking and performance improvement are recognized.

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Common Interview Questions for Director of FP&A
Can you explain your experience with financial forecasting as Director of FP&A?

When discussing your financial forecasting experience, provide specific instances where you've successfully predicted financial trends. Highlight tools used, the process followed, and how your forecasts benefited the company.

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How do you approach budgeting and cost control?

In your response, outline the strategies you adopt for budgeting, such as stakeholder involvement and historical analysis, and explain how you implement cost control measures to monitor progress toward financial goals.

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Describe a time when you had to analyze a significant financial variance?

Use the STAR method (Situation, Task, Action, Result) to illustrate your experience with financial variances. Detail the context, your analytical approach, and the outcomes of your actions.

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What experience do you have in developing pricing models?

Discuss your hands-on experience in creating pricing models, emphasizing methodologies and frameworks you’ve used. Consider sharing a successful project where your pricing strategy made a real impact.

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How do you ensure collaboration with other departments?

Talk about the strategies you've employed to foster interdepartmental collaboration, such as regular meetings or joint projects, and how this cooperation has led to improved financial outcomes.

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What tools have you used for financial reporting and analysis?

Mention specific financial tools and software you have experience with, such as Excel, ERP systems, or BI tools, and how they have helped you streamline reporting and enhance analysis.

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Can you describe your leadership style?

When discussing your leadership style, explain how you balance hands-on involvement with delegation. Share examples of how you've motivated and developed your team to ensure collective success.

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How do you stay updated on industry trends and changes?

Explain your methods for staying informed about industry trends, such as reading industry publications, attending seminars, or networking, and how this knowledge impacts your decision-making.

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What metrics do you consider essential for financial performance?

Identifying key financial metrics that matter to the organization is crucial. Discuss indicators like gross margin, EBITDA, or ROI, and describe how they guide strategic decisions.

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Provide an example where you improved a financial process.

Share a specific example where you identified inefficiencies in a financial process and implemented changes. Discuss the approach, the changes made, and the results achieved.

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Founded in 1969, TAT Technologies is a company that provides environmental control products and services for the commercial and military aviation industries. TAT Technologies is located in Israel.

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Full-time, on-site
DATE POSTED
March 21, 2025

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