At a Glance
- Tasks: Lead a finance team, ensuring robust financial controls and strategic analysis.
- Company: Join Rheinmetall BAE Systems Land, a leader in defence engineering.
- Benefits: Enjoy competitive salary, hybrid work, generous holiday, and career growth opportunities.
- Other info: Dynamic environment with excellent personal development and career advancement opportunities.
- Why this job: Make a real impact in the defence sector while developing your finance skills.
- Qualifications: Experience in finance management and strong leadership skills required.
The predicted salary is between 47250 - 57750 £ per year.
- Finance Manager
- Telford | Hybrid, 3 days in the office | 37 hrs per week, Perm | Finance
- What We Are Looking For
- Finance Manager
- Telford | Hybrid, 3 days in the office | 37 hrs per week, Perm | Finance
About Us
Rheinmetall BAE Systems Land (RBSL) is a defence engineering company based in the UK.
We design, manufacture and support military vehicles used by the British Army and international customers.
Position Overview
This role leads and manages the management accounting team, acting as a critical strategic link between the finance function, operational leaders, and supply chain stakeholders.
The successful candidate ensures robust financial controls, leads complex defence contract compliance, and provides strategic financial and inventory analysis to aid senior leadership decision-making across cost base, stock optimisation, investments, and costing/pricing rates.
- Team Leadership & Financial Control
- Line manage, mentor, and develop the management accountants, ensuring balanced workload distribution and clear performance objectives.
- Oversee and sign off on the absolute integrity of accounts within your area of responsibility by strictly adhering to Company Financial Policies and statutory frameworks.
- Guide the team in partnering with cost centre managers to close out financial positions efficiently around key financial reporting milestones.
Review rolling forecasts for costs, cash, and headcount, ensuring robust management of accruals, prepayments, and balance sheet account reconciliations.
- Inventory Focus & Material Management
- Establish and maintain robust internal financial controls over stock valuation, inventory accuracy, and material tracking across the business.
Including supporting the company cycle counting and stock taking as independent financial assurance.
- Partner with supply chain and warehouse teams to analyse stock turns, identify slow-moving or obsolete inventory, and manage the financial provisioning or write-off processes.
Work with programme managers and project accounts to review aging stocks and accuracy.
- Implement and oversee the financial tracking of material variances, usage adjustments, and shrinkage, translating operational stock data into actionable financial insights for senior leadership.
- Review stock held in quarantine and blocked and recommend appropriate provisions as required, track and engage with the appropriate stakeholders as requirement.
Ensure scrap is transacted within policy alignment and relevant authority, support review process and provide financial insights to internal stakeholders.
- Host external auditors on site and internal audit as required.
- Defence Compliance & Rates Oversight
- Manage and mature strategic working relationships with the Ministry of Defence (MOD) and the Cost Assurance and Analysis Service (CAAS).
- Overview of compliance for supplier reporting under Single Source Contract Regulations
- Business Partnering & Planning
- Liaise directly with operational headers and supply chain directors to provide comprehensive financial insights that drive cost‑saving opportunities and efficiency improvements.
- Direct the financial input into the mid‑term plan aligning operational stock assumptions, headcount, and overhead projections with corporate financial targets.
- Evaluate business cases for major capital expenditure (Capex) and inventory system upgrades, utilising Net Present Value (NPV) and Internal Rate of Return (IRR) metrics to justify strategic investments.
- Ensure all reporting deadlines are met, including timely variance analysis and relevant commentary.
- What Qualifications You Should Have
- Track record of driving cross‑functional improvements by influencing the executive and senior leadership teams, establishing clear paths for task ownership, escalation, and follow‑up.
- The presence and diplomatic weight to challenge senior operational directors and cost centre managers constructively, questioning underlying budget assumptions while maintaining collaborative relationships.
- Proven experience overseeing statutory compliance and signing off on complex Def CARS portal submissions.
- Technical oversight of lease and asset accounting standards (IFRS 16, IAS 16, and IAS 38).
- Ability to direct the identification, capitalisation, and measurement of Right‑of‑Use (ROU) assets and establish company policy on Saa S/cloud computing accounting treatments (distinguishing capitalisable configuration vs.
Opex).
- Advanced understanding of inventory valuation frameworks under IAS 2, specifically overseeing Moving Average Price (MAP) integrity and directing Net Realisable Value (NRV) assessments to manage stock impairment policies.
- The presence and diplomatic weight to challenge senior operational directors and cost centre managers constructively, questioning underlying budget assumptions while maintaining collaborative relationships.
What We Offer You
RBSL strives to be an employer of choice and to foster a culture in which our employees are supported to build a career they can be proud.
Through our contracts to deliver world‑class products and support services, we offer great opportunities for personal development and career advancement via specialist technical roles, essential support functions, and broader leadership positions.
In addition, RBSL offer
- Competitive salaries reviewed each year against market rates
- Annual bonus incentive scheme for all employees
- 37 hours over 4.5 days working week
- Employer pension contributions up to 10%
- Hybrid and flexible working
- Life assurance cover
- 5 weeks holiday plus bank holidays
- Holiday purchase scheme
- Health cash plan
- Salary sacrifice benefits including cycle to work and electric vehicles schemes
- Access to high street and gym discounts and cashback
- Long Service rewards with additional holiday
- Enhanced maternity and paternity benefits
- Free access to onsite gym
- #J-18808-Ljbffr
Finance Manager in Telford employer: Rheinmetall
Rheinmetall in Telford is an excellent employer, offering a dynamic work environment where quality and innovation are at the forefront of our operations. With competitive salaries, 25 days of annual leave, and robust career development opportunities, we are committed to fostering employee growth and satisfaction. Join us in a location that not only supports your professional aspirations but also values your contributions to the defense systems sector.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager in Telford
✨Tap into Campus Networks
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We think you need these skills to ace Finance Manager in Telford
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
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How to prepare for a job interview at Rheinmetall
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Rheinmetall.
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Before your interview, reach out to current or former Rheinmetall employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.