At a Glance
- Tasks: Lead finance operations, manage reporting, and drive business performance improvements.
- Company: Join IFPL Group, a leading aviation solutions provider with award-winning innovation.
- Benefits: Competitive salary, career progression opportunities, and a dynamic work environment.
- Other info: Opportunity to influence key business decisions and enhance financial processes.
- Why this job: Be part of a growing team making a real impact in the aerospace sector.
- Qualifications: Professional accounting qualification and significant experience in senior finance roles.
The predicted salary is between 59400 - 72600 £ per year.
About Us: IFPL Group is a specialist aviation business with 30 years’ experience designing and supplying audio, power and lighting solutions for aircraft cabin interiors. We are an evolving and focused team, with expectations on high standards of quality, safety and certification. We’re now in an exciting phase of growth which the Head of Finance role will be an integral part of.
The Opportunity: We are seeking an experienced, commercially minded Head of Finance to lead the finance function of our successful and growing, privately owned manufacturing group. This is an excellent opportunity for either an established Finance Director seeking a hands‑on role within a dynamic business, or an ambitious and experienced Financial Controller looking to take the next step in their career, with a clear opportunity to progress to Finance Director.
Operating within the aerospace sector, our business has experienced significant growth in recent years. We are looking for someone who can combine strong financial management and technical accounting expertise with a proactive, commercially focused approach to improving business performance.
The successful candidate will work closely with the senior management team, providing robust financial control, meaningful management information and constructive challenge to support continued growth and profitability.
Key Responsibilities
- Financial Management & Reporting: Lead, manage and develop the day-to-day activities of the finance team, ensuring effective financial controls, accuracy and timely reporting. Oversee the preparation of monthly management accounts, including detailed analysis of performance against budgets, forecasts and prior periods. Manage the year-end financial reporting process, acting as the principal contact for external auditors and accountants. Ensure compliance with relevant accounting standards, statutory requirements and internal financial policies. Oversee the financial management and reporting requirements of the wider group, including intercompany transactions and reconciliations.
- Taxation, Treasury & Financial Control: Oversee corporation tax, VAT, PAYE and other HMRC reporting and compliance obligations, liaising with external advisers where appropriate. Manage banking relationships, treasury activities and cash flow forecasting, ensuring effective management of working capital. Oversee credit control, customer credit risk and debtor management. Take responsibility for payroll oversight, ensuring accurate and timely processing. Maintain appropriate controls over fixed assets, investments, director loan accounts, intercompany balances and other balance sheet items. Ensure robust financial governance, including appropriate authorisation procedures, reconciliations and segregation of duties.
- Commercial Finance & Business Improvement: Work closely with the senior management team to identify opportunities to improve profitability, cash generation and operational efficiency. Actively challenge costs, expenditure and existing working practices to drive sustainable improvements in EBITDA. Provide financial insight into manufacturing performance, including material costs, labour efficiency, overhead absorption, inventory and work in progress. Support pricing decisions, product profitability analysis, investment appraisals and capital expenditure proposals. Lead budgeting, forecasting and financial planning activities, including scenario analysis to support business decisions. Drive continuous improvement within the finance function, identifying opportunities for process simplification, automation and better use of systems and data. Help develop financial KPIs and reporting that provide greater visibility of business performance and support informed decision-making.
About You
We are looking for someone who combines strong technical accounting skills with commercial awareness, leadership ability and a genuine desire to make a difference. The ideal candidate will have:
- A recognised professional accounting qualification (ACA, ACCA or CIMA).
- Significant experience in a senior finance position, ideally within manufacturing, engineering or another product-based business.
- A strong understanding of manufacturing accounting, including inventory valuation, work in progress, product costing and margin analysis.
- Experience managing and developing a finance team, with a willingness to remain hands‑on when required.
- Sound knowledge of UK statutory accounting, taxation, VAT and financial compliance.
- Experience in cash flow management, budgeting and financial forecasting.
- The confidence to constructively challenge operational and commercial decisions and influence colleagues at all levels.
- A track record of improving financial processes, reporting and internal controls.
- Strong analytical skills, attention to detail and the ability to translate financial information into practical business recommendations.
- Experience of multi-company group structures, ERP implementation, international trading and foreign currency exposure would be advantageous.
Head of Finance - IFPL in Newport employer: IFPL Group Ltd
Join a forward-thinking UK-based company that is at the forefront of enhancing passenger experiences in commercial aviation. As a Technical Sales Director, you will thrive in a collaborative environment that values innovation and technical expertise, with ample opportunities for professional growth and development. Enjoy a competitive salary, performance-based incentives, and the chance to make a significant impact across the EMEA region while working with cutting-edge cabin interior solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Finance - IFPL in Newport
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like IFPL Group Ltd. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from IFPL Group Ltd.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like IFPL Group Ltd. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Head of Finance - IFPL in Newport
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in IFPL Group Ltd and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show IFPL Group Ltd how you can be a team player!
How to prepare for a job interview at IFPL Group Ltd
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with IFPL Group Ltd.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with IFPL Group Ltd's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!