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- Tasks: Lead financial operations and ensure accurate reporting across UK sites.
- Company: Join Magellan Aerospace, a global leader in the aerospace industry.
- Benefits: Enjoy work-life balance, mental health support, and career development opportunities.
- Why this job: Make a real impact in finance while driving efficiency and innovation.
- Qualifications: Qualified accountant with strong analytical and interpersonal skills.
- Other info: Be part of a collaborative team that values personal development and growth.
The predicted salary is between 60000 - 84000 ÂŁ per year.
Location: Llay, Wrexham, LL12 0PB. Full time, permanent position. 39 hours per week. Regional role. Unionised site – works in partnership with Unite the Union.
Magellan Aerospace has an exciting opportunity for Head of Finance.
Responsibilities:
- Assume responsibility for ensuring accurate and timely financial information from each UK site, production of consolidated Wrexham Group financials and ensuring the wider business is supported at all times.
- Review MALUK month end, quarter end, forecast and budget submissions from each site and produce accurate and timely consolidation with narrative to support.
- Prepare the weekly consolidated cash flow for UK sites, ensuring alignment with the monthly reported position.
- Review funding requirements, ensuring loans are drawn and repaid timely.
- Lead all interim and year end audits.
- Establish standardisation within UK finance processes and then improve on processes, systems and reporting.
- Work with internal audit to establish best in class processes that can be rolled out to the rest of the global organisation.
- Work closely with UK Divisional Managers to provide support for the development of action plans, aiding their financial understanding of decisions and ensuring compliance.
- Find and develop better ways of utilising SAP for operational and financial reporting and to improve data integrity.
- Identify areas for cost reductions and areas of business risk.
- Work with the CI team to understand projects and their financial rewards, ensuring projects remain on track.
- Collaborate with the commercial team to produce UK bid models that are fit for purpose, informative and have the correct level of analysis for corporate approval.
- Support the UK finance team and develop their capabilities; seek ways to improve engagement within finance.
- Deputise for the European FD as required.
- Any other reasonable duties in support of business needs.
Position Requirements:
Essential Criteria:
- Qualified accountant (CIMA, ACCA or ACA)
- Experience of treasury & cost accounting
- Experience of consolidating financial results
- Knowledge of FX and impacts to financial statements
- Knowledge of ERP/MRP systems and accounting software packages
- Excellent interpersonal skills with the ability to interact at all levels
- Team player who takes ownership and completes tasks
- Strong analytical skills
- Excellent IT skills
Desirable Criteria:
- Knowledge of SAP S4/Hana
- Track record in driving improvements
Other Skills / Competencies:
- Prioritisation
- Results driven
- Business acumen
- Excellent verbal and written communication
- Simplifying complex situations
- Problem solver
- Team working
Personal Attributes:
- Tenacious, resilient and hands on
- Displays integrity and respect
- Creative in finding ways to do things better
- Acts ethically in all you do
- Ability to interact and collaborate well with all levels in the business
Perks And Benefits:
- A company culture that promotes work life balance
- Access to mental health support
- Business performance related bonus
- Career development opportunities
- Commitment to continued learning and development
- Long Service Awards
- Enhanced Holiday Entitlement based on length of service
- Free parking
Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, defence and space agencies worldwide. The organization officially adopted the name “Magellan Aerospace Corporation” in 1996; deriving it from the intrepid explorer Ferdinand Magellan. His global exploits at the turn of the 15th century established a number of firsts, so the company’s vision has been to carry this same legacy into the future of the aerospace industry. At Magellan, we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth: People create value. Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual, and every individual is fundamental to the success of our business, so we invest in our employees and provide excellent career progression opportunities. When you are part of Magellan, you are part of the team!
Confidentiality: Magellan Aerospace respects the privacy and confidentiality of personal information provided by candidates and shall not disclose to any external parties unless legislated. This document is intended to provide the reader with information and is not a contractual document. Some of the material therefore may be subject to change.
Seniority level: Executive
Employment type: Full-time
Job function: Finance and Sales
Industries: Aviation and Aerospace Component Manufacturing
Head of Finance in Wales employer: Magellan Aerospace Limited
Contact Detail:
Magellan Aerospace Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Finance in Wales
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who might know someone at Magellan Aerospace. A friendly chat can sometimes lead to insider info or even a referral!
✨Tip Number 2
Prepare for the interview by diving deep into Magellan's values and recent projects. Show us that you’re not just another candidate; you’re genuinely interested in how you can contribute to their mission in aerospace.
✨Tip Number 3
Practice your financial storytelling! Be ready to discuss your past experiences in a way that highlights your analytical skills and problem-solving abilities. We want to see how you can simplify complex situations for the team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Magellan family.
We think you need these skills to ace Head of Finance in Wales
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Finance role. Highlight your experience with financial consolidation, treasury, and cost accounting. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for Magellan Aerospace. Share specific examples of how you've driven improvements in finance processes or supported teams in the past.
Showcase Your Analytical Skills: We love numbers, so don’t shy away from showcasing your analytical skills in your application. Mention any tools or systems you’ve used, like SAP, and how they helped you achieve results in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Magellan Aerospace Limited
✨Know Your Numbers
As the Head of Finance, you'll need to demonstrate a solid grasp of financial metrics. Brush up on key financial statements, consolidation processes, and cash flow management. Be ready to discuss how you've handled these in previous roles.
✨Showcase Your Leadership Skills
This role requires strong interpersonal skills and the ability to lead a team. Prepare examples of how you've developed team capabilities or improved engagement within finance. Highlight your experience in collaborating with other departments to drive financial understanding.
✨Be Ready for Technical Questions
Expect questions about ERP/MRP systems and accounting software, especially SAP S4/Hana. Familiarise yourself with its functionalities and be prepared to discuss how you’ve used technology to enhance financial reporting and data integrity.
✨Demonstrate Problem-Solving Abilities
The role involves identifying cost reductions and business risks. Think of specific instances where you've successfully tackled financial challenges or streamlined processes. Show that you're not just a number cruncher but a strategic thinker who can drive improvements.
