• Sr. Finance Analyst - Programs Jobs in Salem,India - 23825905

  • Goodrich Corporation Ltd

Job Description:

HNC33 US097-Winston-Salem (Westpoint 2599 Empire Drive , Winston-Salem, NC, 27103 USA At Collins Aerospace, were dedicated to relentlessly tackle the toughest challenges in our industry all to redefine aerospace

Created in 2018 through the combination of two leading companies Rockwell Collins and United Technologies Aerospace Systems were driving the industry forward through technologically advanced and intelligent solutions for global aerospace and defense Every day we imagine ways to make the skies and the spaces we touch smarter, safer and more amazing than ever Together we chart new journeys, reunite families, protect nations and save lives And we do it all with some of the greatest talent this industry has to offer

We are Collins Aerospace and we hope you join us as we REDEFINE AEROSPACE

At Collins Aerospace, our Interiors team is focused on innovation, safety and cost efficiency But we dont just get people from point A to point B Were committed to making air travel more comfortable, connected and secure As a leader in aviation interior products and services, were helping airlines and original equipment manufacturers create a positive experience for their customers With offices and manufacturing facilities in more than 12 states across the US and more than 10 countries around the globe, were changing the game of aircraft interiors Are you ready to join our teamWhen you join our finance team, youre joining a team whose impact stretches across the world, and even beyond Our team supports 70,000 employees across the US and around the globe As a United Technologies Corp subsidiary, we operate with our own business reporting structure, financial dashboards and earnings metrics This reporting relationship allows finance team members to implement innovative tools for the aerospace market in a stand-alone business environment At Collins Aerospace, youll be not only be advancing your career, youll be leaving your mark on the future of advanced technologies

Role Overview
Reporting to the Manager of FP&A and Program Finance, this role will manage the overall financial performance of specific programs which are accounted for under the percentage of completion (POC) method of accounting

Primary Responsibilities
Works closely with engineering, program management, and production departments to establish initial program budgets; reviews initial standard costs for reasonableness and maintains historical references of cost and revenue

Determines, analyzes, and reports program performance by reviewing approved contracts, all program costs, including manufacturing, engineering and any other specific program expenses Completes sensitivity analysis on programs as needed

Prepares and presents total program performance combined with variances to last forecast in monthly program reviews and to meet other local and corporate requests

Interprets the impact of commercial changes within a dynamic environment on the financial performance of a program including preparing and communicating at all levels program risks and opportunities

Develops strong working relationship with the local Cost Manger in order to ensure early notification of cost deviation to program teams Brings awareness to key changes such as labor hour trends, material cost changes / risk, or other important cost elements / trends

Incorporates continuous improvement into every day work and looks for opportunities to remove waste from processes Works with sister facility to drive standardization of processes

Develops or uses existing methods to identify, categorize, capture, and report actual costs of program segments (non-recurring engineering or recurring production); analyzes and summarizes variances from budget and forecast

Provides forecasts for key areas of responsibility Works closely with engineering, program management, and production to ensure forecasts are met (ie spending, WIP pulled, etc)

Maintains detailed and organized documentation of all program data (ie contracts, schedules, budgets, support for actual shipments, actual costs, revenue and expense revisions)

Uses system to acquire actual costs of shipments and actual engineering expenses Works with accounting to calculate, reconcile and complete journal entries to report results on percentage-ofcompletion basis Makes required journal entries and maintains sufficient support as backup to the entry Communicates regularly with corporate accounting personnel to field questions and/or make changes

Acts as a strong business partners to program managers to complete periodic status reviews, understand timetables and program terminology Conducts regular monthly meetings with program managers to discuss financial status of programs and prepare monthly and annual program revenue and expense budgets Communicates both verbally and in writing with senior-level group engineering, production, and financial management on actual results and forecasts

Provides proactive analysis and drives corrective action with the stakeholders in order to avoid surprises Has a firm understanding of variances and can clearly articulate to program management and leadership team
Qualifications

Preferred Qualifications
Bachelors degree in accounting or finance

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Automobiles/Auto Component/Auto Ancillary, Manufacturing/Industrial
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Other Accounting
Salary : As per Industry Standards
Deadline : 14th Apr 2020

Key Skills:

Why not try out our free online tutorials and gain an edge?

People who search this job also searched for the following Keywords

Sourced**

All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status