At a Glance
- Tasks: Conduct financial audits and ensure compliance with US government regulations.
- Company: Join Safran, a leading high-tech group in aviation and defence.
- 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: Background in finance or accounting with strong attention to detail.
- 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.
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.
- 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 in Wolverhampton employer: Safran
Contact Detail:
Safran Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contracts Compliance Specialist M/F in Wolverhampton
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Safran or similar companies. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by diving deep into the company’s values and recent projects. Show them you’re not just another candidate; you’re genuinely interested in contributing to their mission of a safer, more sustainable world.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in finance and compliance can help Safran meet its regulatory requirements. Confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Contracts Compliance Specialist M/F in Wolverhampton
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Contracts Compliance Specialist role. Highlight your experience with financial audits and compliance, and don’t forget to mention any relevant skills that align with the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your attention to detail and your ability to challenge suppliers, as these are key aspects of the job.
Showcase Relevant Experience: When filling out your application, be sure to showcase any previous experience with supplier negotiations or compliance audits. This will help us see how you can contribute to our team right from the start.
Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Safran
✨Know Your Regulations
Familiarise yourself with US government regulations, especially TINA compliance. Even if you don't have extensive knowledge, showing that you're eager to learn and understand these regulations will impress the interviewers.
✨Showcase Your Audit Skills
Prepare examples from your past experiences where you've conducted financial audits or pricing analyses. Be ready to discuss how you identified compliance gaps and made recommendations, as this is crucial for the role.
✨Demonstrate Attention to Detail
Highlight your ability to pay attention to detail during the interview. You might be asked to analyse a sample cost model, so practice explaining your thought process clearly and concisely.
✨Prepare for Challenging Questions
Expect questions that test your ability to challenge suppliers and stakeholders. Think of scenarios where you had to influence decisions or negotiate terms, and be prepared to discuss your approach and outcomes.