At a Glance
- Tasks: Support financial governance and reporting for submarine projects at Rolls-Royce.
- Company: Join the innovative team at Rolls-Royce, shaping the future of technology.
- Benefits: Gain valuable experience in finance with opportunities for growth and development.
- Other info: Inclusive workplace valuing diverse perspectives and offering career advancement.
- Why this job: Be part of a world-class company making a real impact in the defence sector.
- Qualifications: Ideal for those with data analysis skills and studying for AAT, but not essential.
The predicted salary is between 58500 - 71500 £ per year.
- Financial Governance Reporting Support - Submarines
- Working location: Bristol, Abbey Wood
We are currently recruiting for a Financial Governance Reporting Support to join our Cost Control team for Rolls-Royce Submarines team based in Bristol, Abbey Wood.
This is an entry-level position and would be suitable for the individual to have experience of undertaking data analysis and studying for their AAT (although not essential).
Why join Rolls-Royce?
At Rolls-Royce we are proud to be a business that has truly helped to shape the modern world and are committed to always being a force for progress; powering, protecting and connecting people everywhere.
By joining Rolls-Royce, you'll have the opportunity to work on world-class solutions, supported by a culture that believes individuality is our greatest strength, and all perspectives, experiences and backgrounds help us innovate and enable our high-performance culture.
What you will be doing
- Producing accurate and timely forecasts ensuring any variance and financial risk commentary is accurate and insightful.
- Providing Financial input, challenge and information at the PM/CAM monthly FOO reviews to empower stakeholder decision making.
- Entering and reconciling cost information into various project financial systems from business case approvals, options and change requests, ensuring a clear audit trail.
Consistently monitor project cost spend against these approvals.
- Challenging and interpreting supply chains cost data to support accruals and project forecasting.
Producing accurate supporting data and inputs for the Annual Budget Cycle process in conjunction with PM/PCM, Consolidating project data to produce the PCR forecast for the benefit of the whole delivery team.
Oversee the collation of the Senior Manager Screening Packs.
- Producing accrual and general journals and option proposals to ensure robust supporting evidence is included.
Actively support the Cost Control Finance lead with any audit and compliance requests.
- Supporting Estimators to develop cost models and assist in the production of Investment Appraisals.
- Liaising with finance colleagues to ensure the correct financial treatment. Work with PMS to make necessary corrections in CP&F.
- Working with PM/Scheduler/PCM to implement Cost Loaded Schedules, to drive forecasting.
Assist with the production of EVM analysis to demonstrate project performance and analyse variances to plan, determine impact on the schedule and cost to complete the scope of work.
Ensure consistency with IYM and EVM reporting.
- Providing support and training to other staff as required to deliver the needs of the Cost Control Team.
- Communicating key project financial performance data to key member of the project, programme and Finance leadership.
- Influencing Leadership within the Programme, Mo D and Supply chain within the Cost Control technical field.
Position Qualifications
- Previous experience of undertaking data analysis/interpretation of financial information would be advantageous.
- Minimum of 5 GCSEs or equivalent grades 9 - 4 (A* to C) including English and Maths.
- It would be desirable to have 2 x A Levels grades A* to E in any subject or equivalent.
- May be working towards an AAT qualification, although not essential for the role.
To work for Rolls-Royce Submarines you need to hold a Security Check (SC) clearance without any caveats to that clearance.
Rolls-Royce will support the application for Security Clearance if you don't currently already have this in place.
Due to the nature of work the business conducts and the protection of certain assets, you must hold a UK nationality.
Any dual nationals will require additional scrutiny and background checks prior to commencing work with RRSL.
Our vision is to ensure that the excellence and ingenuity that shaped our history continues into our future.
Our multi-year transformation programme aims to turn Rolls-Royce into a high-performing, competitive, resilient and growing company.
Join us, and it can be your future vision too.
Rolls-Royce are committed to being a respectful, inclusive, and non-discriminatory workplace where individuality is valued, diverse perspectives fuel innovation, and everyone can thrive.
Please be aware that the priority will be given to employees identified as being at high risk.
The professional level and salary of the position will be dependent on the skills and experience of the successful candidate but is anticipated to
This job is advertised at the grades shown, and this is the desired operating level for this role.
We encourage applications from candidates with relevant experience from any grade.
It is advised that you inform your current manager of your application for this role.
- Grade 4-6
- Please contact paul. gargett@rolls-royce. com for further information
- #J-18808-Ljbffr
Financial Governance Reporting Support - Submarines employer: Rolls-Royce
At Rolls-Royce, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work environment in Derby. As a Lifecycle Engineer, you'll have the opportunity to make a significant impact on our airline customers across the EMEA region while benefiting from a culture that prioritises continuous learning and personal growth. With competitive salaries, comprehensive benefits, and a flexible hybrid working model, we ensure that our employees can thrive both professionally and personally.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Governance Reporting Support - Submarines
✨Get Involved with Campus Finance Societies
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✨Attend Industry Workshops and Webinars
Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like Rolls-Royce.
✨Leverage LinkedIn for Informational Interviews
Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.
✨Apply Directly through Company Websites
Don't just rely on job boards. Head directly to Rolls-Royce's careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!
We think you need these skills to ace Financial Governance Reporting Support - Submarines
Some tips for your application 🫡
Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!
Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!
Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!
Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!
How to prepare for a job interview at Rolls-Royce
✨Brush Up on Your Financial Knowledge
Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.
✨Show Off Your Analytical Skills
Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.
✨Demonstrate Your Team Spirit
As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.
✨Prepare Thoughtful Questions
Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.
