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- Tasks: Support finance operations and provide strategic business insights to enhance profitability.
- Company: Join Raytheon UK, a leader in defence and aerospace technology.
- Benefits: Enjoy a competitive salary, hybrid work options, and professional development opportunities.
- Why this job: Make a real impact on national security while growing your career in finance.
- Qualifications: University degree and relevant finance experience required.
- Other info: Collaborative environment with opportunities for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
Job Title: Finance Analyst – Functional Business Partnering
Function: FIN
Duration: Permanent
Hours: Fulltime 37 hrs
Location(s): Harlow or Glenrothes / Hybrid with 2-3 days a week on site
Security Clearance Requirements: SC Eligible
Raytheon UK
At Raytheon UK, we take immense pride in being a leader in defence and aerospace technology. As an employer, we are dedicated to fuelling innovation, nurturing talent, and fostering a culture of excellence.
Joining our team means being part of an organisation that shapes the future of national security whilst investing in your growth and personal development. We provide a collaborative environment, abundant opportunities for professional development, and a profound sense of purpose in what we do. Together, we are not just advancing technology; we\’re building a community committed to safeguarding a safer and more connected world.
About the role
A key role supporting the Head of Finance – Operations to deliver business advice and coordinated management of functions, capital and opex investment. It will directly impact the profitability and competitiveness of the organisation and cuts across all functions and business, offering a wide exposure to senior leaders on both tactical and strategic issues.
Responsibilities
Functional Business Partnering
- Supporting the creation of Functional headcount, utilisation and overhead forecasting & reporting to support the Integrated Business Planning (IBP), LRP, AOP and monthly cycles. Roll-out standardisation of all forecasting & reporting across the whole business
- Supporting the monitoring of performance versus annual plan/forecast and cost optimisation
- Prepping for and supporting the monthly SLT Rates Review Boards for all rate decks
- Supporting the monitoring of functional dashboards/metrics, service level agreements (SLAs) and service catalogues, to drive efficiency and operational performance
- Supporting the Risk and Opportunities register for rates
- Supporting Business Restructuring and Indirect Cost Optimisation Projects
- Supporting the implementation of new Finance Systems and associated processes as it relates to functional forecasting and rates
Capex & Change
- Support monitoring of capex and change spend versus annual plan/forecast
- Support the analysis of ROI for capex and change projects. Track benefit realisation of capex and change projects
- Supporting UK forecast for capitalisation of assets and the depreciation forecast aligned to the latest forecast capitalisation plan.
- Supporting the monthly SLT Investment Review Boards covering capex and change projects (AR spend v plan v approved AR, etc)
- Supporting SLT AR Gate Reviews and approvals for UK and RCL. Reporting on and chasing actions and approvals progress
- Supporting UK SLT reviews for material capex and change projects
- Supporting the Risk and Opportunities register for investments
Candidate Requirements
- A University degree or equivalent
- Relevant years\’ experience in finance roles
- Comfortable with data and detail but having the ability to extract high level messages.
- Ability to work on concurrent issues/problems with multiple sources of information, both internal and external, under time pressure. Being able to prioritise effectively and having an agile mindset
- Experience of working collaboratively within teams
- Strong communicator and networker with a thirst for understanding the business model, providing meaningful and actionable insight, critical thinking and an ability to think differently about existing problems.
- Ability to support issue resolution, and deliver effective outcomes
- Strong analytical and strategic thinking skillsets
- Excellent verbal and written communication skills, including the ability to explain financial concepts to non-financial staff
- Excellent systems skills, including SAP and Microsoft Office
- Some experience influencing outcomes
- Proactive and solution-oriented, providing innovative solutions that drive value to the business
- Experience of working in a matrix organisation.
Benefits
- Competitive salaries.
- 25 days holiday + statutory public holidays, plus opportunity to buy and sell up to 5 days (37hr)
- Contributory Pension Scheme (up to 10.5% company contribution)
- Company bonus scheme (discretionary)
- 6 times salary \’Life Assurance\’ with pension.
- Flexible Benefits scheme with extensive salary sacrifice schemes, including Health Cashplan, Dental, and Cycle to Work amongst others.
- Enhanced sick pay.
- Enhanced family friendly policies including enhanced maternity, paternity & shared parental leave.
Work Culture
- 37hr working week, although hours may vary depending on role, job requirement or site-specific arrangements.
- Early 1.30pm finish Friday, start your weekend early!
- Remote, hybrid and site based working opportunities, dependant on your needs and the requirements of the role.
- A grownup flexible working culture that is output, not time spent at desk, focussed. More formal flexible working arrangements can also be requested and assessed subject to the role. Please enquire or highlight any request to our Talent Acquisition team to explore the flexible working possibilities.
- Up to 5 paid days volunteering each year.
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Finance Analyst - Functional Business Partnering employer: Raytheon Systems
Contact Detail:
Raytheon Systems Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Analyst - Functional Business Partnering
✨Tip Number 1
Network like a pro! Reach out to current employees at Raytheon UK on LinkedIn. A friendly message can go a long way in getting insider info and maybe even a referral.
✨Tip Number 2
Prepare for the interview by understanding their business model. Dive into their recent projects and how finance plays a role in them. This shows you're genuinely interested and ready to contribute.
✨Tip Number 3
Practice your communication skills! You’ll need to explain financial concepts clearly, so try explaining them to a friend or family member who isn’t in finance. It’ll help you simplify complex ideas.
✨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 team.
We think you need these skills to ace Finance Analyst - Functional Business Partnering
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Analyst role. Highlight relevant experience and skills that match the job description, especially in functional business partnering and financial analysis.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit for the team at Raytheon UK.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, be sure to include examples of how you've used data to drive decisions or improve processes in your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on the path to joining our innovative team!
How to prepare for a job interview at Raytheon Systems
✨Know Your Numbers
As a Finance Analyst, you'll need to be comfortable with data. Brush up on key financial metrics and be ready to discuss how you've used data to drive decisions in past roles. This shows you can extract high-level insights from detailed information.
✨Understand the Business Model
Familiarise yourself with Raytheon's business model and recent developments in the defence and aerospace sectors. Being able to discuss how your role as a Finance Analyst can impact profitability and competitiveness will impress your interviewers.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems or analyse case studies related to finance. Practise articulating your thought process clearly, as this demonstrates your analytical and strategic thinking skills.
✨Showcase Your Communication Skills
You'll need to explain complex financial concepts to non-financial staff. Prepare examples of how you've successfully communicated financial information in the past, highlighting your ability to make it accessible and actionable.
