Job Description Summary

We are looking for a dynamic and detail-oriented Project Accountant / Commercial Finance Manager to ensure the financial health and compliance of this high profile programme. The role requires a deep understanding of project accounting, reporting, collating detailed costs from our ERP system along with traceable evidence of expenditure types such as labour, materials, subcontract, purchase and work order details etc.
The successful candidate will work closely with the other finance peers, project managers, engineers, other functions and senior leadership to ensure financial accuracy, regulatory compliance and cost efficiency.

Job Description

Role & Responsibilities

• Cross-Functional co-ordination across multiple functions, engineering, manufacturing, sourcing, quality assurance and supply chain.

• Develop, manage, and monitor the programme budget, including forecasting and variance analysis.

• Provide financial input for the project proposal, including cost estimation, pricing, strategy and risk management.

• Ability to judge and propose alternate solutions to address more complicated and day to day problems.

• Conduct regular financial reviews and analysis to support decision making and maintain financial health of the project.

• Prepare and present financial reports and variance analysis along with Project dashboard to the Dowty / GE Aerospace focals, NPI Programs Leader, wider project and senior management.

• Manage project related financial transactions, including invoicing, payments, and cost allocations.

• Ensure project financial records are accurate and comply with company policies, GAAP and industry standards.

• Improve and maintain a robust project accounting system to track costs, revenue, and profitability by project work package, phase, and component.

• Identify financial risks and develop mitigation strategies in collaboration with the project management teams.

• Develop and refine financial models and tools to support on going program management decision making.

• Lead the initiatives to enhance the accuracy and timeliness of financial reporting.

• Work with internal and external auditors ensure that financial controls and processes are robust and compliant with all relevant standards.

• Perform monthly cost and spend management activities including budgeting, forecasting, and controlling costs to ensure project financial health.

• Collaborate with project teams to identify and mitigate risks to schedule and cost.

• Support continuous improvement initiatives in project scheduling and cost control processes.

• Support bid and proposal estimates using work breakdown structure methodologies to estimate the labour and material requirements and support the company strategic planning process.

• Develop a rhythm of continuous improvement to incorporate lean initiatives into day-to-day work, resulting in higher efficiency and productivity gains.

• Monitor and communicate project status, business issues, and significant developments clearly and concisely to stakeholders.

Qualifications/Requirements

• Bachelors degree in Accounting, Finance or related field.

• Strong understanding of accounting and financial principles and practices.

• Experience in project accounting and financial management.

• Exceptional analytical skills with the ability to interpret complex financial data and provide actionable insights.

• In depth knowledge and experience of Microsoft Excel

• Proficiency in financial software and ERP Systems

• Demonstrated ability and experience of working with customers.

• A confident and articulate communicator, both verbally and written.

• Excellent analytical, organizational, and communication skills.

• Proven experience of recognising and owning challenges, capturing inputs to drive critical decision making and analysis to deliver financial performance, ideally in a product delivery or manufacturing environment.

• Strong problem-solving skills and the ability to think critically.

• Commitment to safety, quality, and integrity in all aspects of the role.

• Demonstrated competency in using standard Microsoft applications.

Flexible Working

Dowty Propellers supports and encourages flexible working arrangements, including hybrid working where a possible, and recognizes the benefits to employees of having a positive work-life balance.

Total Reward

At Dowty Propellers we understand the importance of Total Reward. Our flexible benefits plan, called Flex Choice, gives you freedom, choice and flexibility in the way you receive your benefits, as well as giving you the opportunity to make savings where possible.

As a new joiner to Dowty Propellers we are pleased to be able to offer you the following as default in your benefit fund, which you then can tailor to meet your individual needs:

• Non-contributory Pension

• Life Assurance

• Group income protection

• Private medical cover

• Holiday Hourly equivalent of 26 days, with flexible option to buy or sell

Security Clearance

Baseline Personnel Security Standard (BPSS) clearance is required and must be maintained for this role. Please note that in the event that BPSS clearance cannot be obtained, you may not be eligible for the role and/or any offer of employment may be withdrawn on grounds of national security. Please see the link below for further details regarding the requirements for BPSS clearance: BPSS

Right to Work

Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications. However, under the applicable UK immigration rules as may be in place from time to time, it may be that candidates who do not currently have the right to work in the UK may not be appointed to a post if a suitably qualified, experienced and skilled candidate who does not require sponsorship is available to take up the post. For further information please visit the UK Visas and Immigration website.

Additional Information Relocation Assistance Provided: No