Safran

Senior Manager, Financial Planning and Analysis

Safran • $121K — $190K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or a related field
  • 7+ years of experience in Controlling, Accounting, or FP&A
  • Advanced proficiency in Microsoft Office, especially Excel
  • Thorough experience with ERP systems
  • Strong analytical, organizational, and communication skills

Responsibilities

  • Prepare and analyze monthly financial reports and statements
  • Forecast program economic and financial aggregates
  • Support margin calculations and provisions for contracts
  • Ensure compliance with IFRS accounting rules
  • Collaborate with site controllers on production cost estimates
  • Assist Program Managers with business plan updates
  • Coordinate yearly budget and monthly financial reforecasts

Benefits

  • Comprehensive health care (medical, dental, vision)
  • Life insurance and 401(k) savings plans with company match
  • Paid time off and employee discounts
  • Potential eligibility for a 15% Cabin Management Bonus
  • Opportunities for skill development and growth within a diverse team
Full Job Description
Job details

Domain

Performance and Support

Job field / Job profile

Finance and management - Finance and administration management

Job title

Senior Manager, Financial Planning and Analysis

Employment type

Permanent

Professional category

Professional, Engineer & Manager

Part time / Full time

Full-time

Job description

Join our first-class team to reinvent in-flight experience. In the role of Senior Manager, Financial Planning and Analysis you'll play a pivotal part on our Finance team. The Manager FP&A is responsible for the monthly financial reports and month end closing for the Reporting Unit (RU). Interacts with engineering and program management on a daily basis to understand and analyze financial performance of each program. Perform detailed analysis of the monthly financial statements. Responsible for helping the organization reach the goals of our mission statement.

The Manager FP&A analyze the financial performance of each program (gross engineering costs, capitalized costs, engineering revenue). The Senior Manager FP&A also ensure compliance of each program with IFRS accounting rules. This job reports hierarchically to the division CFO/Deputy CFO.

Summary of Duties:
• Prepare, analyze, and interpret statistical and accounting information in order to appraise operating results in terms of profitability, performance against budget.
• Prepare and review financial statements.
• Forecast the main program economic and financial aggregates (revenues, gross margin, operating income, free cash flow)
• Support the calculation of margins on contracts, provisions, for each accounting period
• Ensure the accuracy and relevance of economic forecasts and analyses
• Monitor RTDI expenditures
• Verify consistency between the costing model and the actual cost of first parts
• Coordinate with site controllers the program level process of estimating production costs (bills of materials, process sequences, etc.) and analyze differences, working closely with the site controlling teams and operational staff concerned
• Collaborate with site controllers to ensure that measures to optimize inventories/work-in progress and production costs are sufficiently robust to achieve objectives
• Assist Program Managers in the preparation and bi-annual update of program business plans (BP) (development costs, production costs, prices and price adjustment formulas, representation of BP cash flow picture, etc.)
• Ensure that updated economic data in the BP is translated into the accounts (revenues under percentage-of completion method, losses on completion, asset capitalization and depreciation, etc.)
• Help justify and document accounts (IFRS 15 positions, provisions, inventories and work-in-progress, business plan, capitalization files, etc.)
• Partner with local VP Engineering to define actions to improve engineering financial performance
• Coordinate and direct the preparation of the yearly MTP / budget and monthly financial reforecasts (i.e. profit & loss, cash flows, etc.) and maintain other planning and control procedures.
• Ensure that workload/capacity analysis is duly performed for engineering activities

But what else? (advantages, specificities, etc.)

Safran Cabin is #1 worldwide for aircraft interiors.

Here, you will build your skills and grow with a community of experts to enrich yourself every day.
Here, collaboration is embodied within the diversity of our teams all around the world.
Here, we're cutting our emissions, not your ambitions.

Together, let's shape the sustainable future of aeronautics. Learn more about Safran Cabin!

Cabin TA:
• Your Benefits: Our suite of comprehensive benefits include health care (medical, dental and vision), life insurance, 401(k) savings plans with company match, paid time off, and employee discounts & rewards for consumer products/services and more!
• Management roles may be eligible for a 15% Cabin Management Bonus in accordance with the terms of the applicable incentive plan.

The expected salary range for this position is between $121,100 - $190,300 USD. Actual compensation will be determined based on experience, education, and other factors permitted by law.

Candidate skills & requirements
• Verify the suitability of economic and financial data on all projects or investments where a management decision is needed
• Prepare financial reporting based on IFRS accounting regulations
• Prepare financial reporting based on Earned Value Management systems
• Assist with preparation of tax credits
• Ensure that invoicing is completed and external funding is obtained
• Has the final responsibility for providing effective financial internal controls for the organization
• Perform all other duties as assigned.

This role uses the company's information systems and processes and works in conjunction with members of the program teams, project managers, operations PMOs, site controllers and operational managers in the perimeter to which assigned.

This role is responsible for the monthly financial reporting of the assigned program portfolio and provides a detailed analysis of program operational and financial performance.

Qualifications:
Education: Bachelor's degree from an accredited university in accounting or similar.
Experience: 7+ years in Controlling, Accounting or related field. Experience with FP&A.
Computer Skills:
• Advanced Microsoft Office (including Excel & Word) and Windows operating system.
• Must have thorough experience with ERP systems.
Other Skills:
• Excellent analytical, organizational and good verbal and writing skills
• Must have financial statement preparation experience
• A candidate must possess excellent analytical skills, as well as, organizational and communication skills
• The candidate must have financial statement review and general ledger experience
• The candidate must possess adequate knowledge of Microsoft Excel spreadsheets and Windows based operating systems
• The candidate must be able to work unsupervised, with some direction
• Effective oral and written communications skills
• Demonstrated ability to handle multiple projects and assignments with attention to detail
• Problem solving, well organized, detailed oriented and accurate.

Additional Preferred Skills: (not required)
• Master's degree
• 10 or more years of experience in the Accounting field
• A candidate should be able to train and coach their staff
• The candidate should be able to perform employee evaluations

This job posting has been designed to indicate the general nature and level of work performed by an employee within this position. The actual duties, responsibilities and qualifications may vary based on assignment or group.

Annual salary

USD $121,100 - $190,300

Job location

Job location

North America, United States, California, Los Angeles

City (-ies)

CA 90746 Carson

Applicant criteria

Minimum education level achieved

Bachelor's Degree

Minimum experience level required

More than 8 years

Additional Languages preferred

English (Fluent)

ITAR Controlled Position: Select "Yes" if role requires U.S. citizenship/permanent residency

No

About Safran

Safran is a French multinational aerospace and defense company. It designs, manufactures, and sells aircraft engines, rocket engines, and other aerospace components. Safran is also involved in the defense industry, producing optronics, avionics, and other defense systems. The company has partnerships with several other aerospace and defense companies, including General Electric and Boeing. Safran has operations in over 60 countries and employs over 95,000 people.
Learn more about Safran
Size
95,000 employees
Industry

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