At a Glance
- Tasks: Conduct financial audits and ensure compliance with US government regulations.
- Company: Join Safran, a leading high-tech group in aviation, defence, and space.
- Benefits: Competitive salary, training opportunities, and a chance to work on impactful projects.
- Why this job: Make a difference in compliance while working with top industry experts.
- Qualifications: Experience in finance or accounting; attention to detail is key.
- Other info: Dynamic role with opportunities for growth and learning in a global company.
The predicted salary is between 36000 - 60000 £ per year.
Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 100,000 employees and sales of 27.3 billion euros in 2024, and holds, alone or in partnership, world or regional leadership positions in its core markets.
Safran Electronics & Defense offers its customers onboard intelligence solutions allowing them to understand the environment, reduce mental load and guarantee a trajectory, even in critical situations, in all environments: on land, at sea, in the sky or space. The company harnesses the expertise of its 13,000 employees towards these three functions: observe, decide and guide, for the civil and military markets.
This is an exciting opportunity for the right candidate to work as part of the Contracts team supporting Goodrich Actuation Systems Ltd. This is a new role developed to ensure GASL meet US Government compliance regulatory requirements. The Supplier Compliance Specialist will conduct financial and compliance audits of supplier cost and pricing data and produce recommendation reports to the supply chain team to support supplier negotiations. They will develop their knowledge of the applicable US government regulations. They will ensure suppliers are applying compliant pricing methodologies and identify actions required to close compliance gaps. In addition, they will represent the organisation to customers and government agencies during external and customer audits.
The ideal candidate will have an accounting and auditing background, with a keen eye for detail and a decisive approach to make clear recommendations. Knowledge of US government regulations, specifically TINA compliance is advantageous but not essential. Training will be provided to develop this knowledge. Finance or accounting knowledge is a must.
What will your day-to-day responsibilities look like?
- Complete financial audits of supplier cost models, including rates and factors, allowability of costs within overhead and labour rates, profit levels.
- Produce output reports with findings and recommendations for adjustments to supplier pricing to complete supplier negotiations within 'allowable' range per USG regulations.
- Maintain a 'queue' system, with standard TAT for completion of cost analysis supporting customer proposal timelines.
- Support Military bid focal with generation of Price / Cost Analysis Reports supporting customer bid submissions.
- Support onsite supplier cost audits as required - challenge supplier rates and factors applied within supplier costings in line with 'allowable' costs.
- Support supplier account manager / military bid focal with supplier price negotiations and finalising the record of price agreement (RoN).
- Support the process of requesting DCMA Assist audits when suppliers will not provide full disclosure of cost and price data to Safran.
What will you bring to the role?
Essential skills:
- Proven experience of working with businesses on 'should cost' models & analysis.
- High attention to detail and sound judgement to identify compliance gaps and produce clear, defensible recommendations.
- Ability to challenge and influence suppliers and stakeholders to support compliant pricing and successful negotiations.
Desirable skills:
- Knowledge of US Government contracting regulations, including TINA (or willingness to learn fast).
- Experience conducting supplier cost or pricing audits, including on-site audits.
- Exposure to price/cost analysis supporting bids or proposals, ideally in a regulated environment.
- Experience working with or supporting supplier negotiations and records of price agreement (RoN).
- Continuous improvement mindset with experience improving processes and standardising outputs.
Contracts Compliance Specialist M/F employer: Safran
Contact Detail:
Safran Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contracts Compliance Specialist M/F
✨Tip Number 1
Get to know the company inside out! Research Safran's values, recent projects, and their role in the aviation and defence sectors. This will help you tailor your conversations and show that you're genuinely interested in being part of their mission.
✨Tip Number 2
Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral, which is always a bonus when applying through our website.
✨Tip Number 3
Prepare for interviews by practising common questions related to compliance and auditing. Think about how your experience aligns with the role and be ready to share specific examples that highlight your attention to detail and problem-solving skills.
✨Tip Number 4
Follow up after your interview! A simple thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Contracts Compliance Specialist M/F
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Contracts Compliance Specialist role. Highlight your accounting and auditing experience, and any relevant knowledge of US government regulations. We want to see how your skills match 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 excited about this role at Safran and how your background makes you a great fit. Be sure to mention any specific experiences that relate to compliance and supplier negotiations.
Show Off Your Attention to Detail: In this role, attention to detail is key. When writing your application, make sure there are no typos or errors. We appreciate candidates who take the time to present their best work, so double-check everything before hitting send!
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and you’ll be able to upload all your documents in one go. Plus, it helps us keep track of your application better!
How to prepare for a job interview at Safran
✨Know Your Regulations
Familiarise yourself with US government regulations, especially TINA compliance. Even if you’re not an expert yet, showing that you’ve done your homework will impress the interviewers and demonstrate your commitment to the role.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with financial audits and cost analysis. Bring examples of how you've identified compliance gaps in the past and the recommendations you made. This will highlight your attention to detail and sound judgement.
✨Practice Your Negotiation Techniques
Since the role involves challenging suppliers and influencing stakeholders, think of scenarios where you successfully negotiated terms or resolved conflicts. Be ready to share these stories to illustrate your ability to handle tough conversations.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to compliance and supplier negotiations. This shows your genuine interest in the role and helps you understand how you can contribute to Safran's mission of a safer, more sustainable world.