Financial Analyst III

Job description

One year Fixed term Contract, with potential for full time placement.

This position is financial position responsible for managing the organization's accounting and/or financial analysis functions in assigned areas. These functions may include establishing and maintaining compliance with the organization's accounting principles, practices, procedures and initiatives, preparing and managing financial reports and presenting findings and recommendations to management and developing and directing budgetary analyses, financial analyses or other specialized roles. The candidate will be positioned as a real accounting/financial/project business partner with all the departments of the company.

Essential Duties and Responsibilities:

·  • Report the site actual spending figures by program in a tight timeframe to Finance management, Engineers and Engineering management, Project Managers
·  • Coordinate program forecasts, by program / by function, for use in engineering resource planning.
·  • Manage the program structure in SAP
·  • Provide basis for project invoicing and capitalized development costs.
·  • Manages hours tracking on Program and monitoring of the database. Develop methods to compare and report project actual figures against the original project plan and latest estimates to complete a project. Conduct regular project status meetings with site management and project managers to report project spending progress
·  • Responsible for producing financial monthly reports to the Safran group by respecting the deadlines. Provide accurate reports matching with local accounting in a timely manner (R&T spending, inventory, overdue, opex, capex, dashboard…) and relevant analysis.
·  • Ensure internal financial control environment is established and in compliance with US GAAP, SOX and all international legal or statutory requirements.
·  • Actively support enterprise initiatives.
·  • Oversee inventory tracking and control of engineering materials
·  • Perform internal control testing and insure respect of the procedures /process.
·  • Adheres to safe work practices and contributes to the evolution of the health, safety, and environmental program and culture;

Complementary description

·  • Evening/night hours may be required
·  • Extra hours may be required during business peaks.
·  • Other duties as assigned.

*This position is not eligible for relocation.

Supervisory Responsibilities:
N/A

Physical Demands:
This position sits and performs computer work for extended periods of time

Work Environment:
The work environment is an office setting with moderate office noise.

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 84,000 employees and holds, alone or in partnership, world or European leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and Innovation roadmap.

Safran is featured on the "Happy at work" rankings. The Group places fourth on the Capital ranking for best employers in France.

Safran Electrical & Power is one of the world's leaders in aircraft electrical systems. The company is a key player in the equipment electrification & in the electric and hybrid propulsion sector. It has 15,000 employees across 13 different countries.

Desired profile

Job requirements

·  • Preferred - Bachelor's Degree in Accounting or relevant area of study. A minimum of three (3) years' of experience in finance or accounting in a manufacturing environment.

In lieu of a Bachelor's Degree, an Associate's Degree in Accounting or related area of study
A minimum of four (4) years' experience in finance or accounting in a manufacturing environment.

Working knowledge of international business practices and foreign exchange principles
GAAP/IAS knowledge (reporting requirements – US and local versions), IFRS
Some experience in a variety of financial functions including but not limited to, General Ledger, Program Analysis, Cost Accounting and US Government Contracting Compliance, Government Reporting
Experience with financial statement analysis, discounted cash flow, financial metrics and general ledger journal entry creation.
Experience working in Excel mandatory
Experience using an ERP system

Preferred Skills:

·  • Experience working in SAP
·  • Expert level in Microsoft Excel
·  • Conversant in French helpful
·  • Aerospace industry experience

Knowledge/Skills:

·  • Emotionally resilient and able to work effectively against demanding targets in a complex, multi-disciplined environment
·  • Strong written and verbal communication skills
·  • Expert in Microsoft Office knowledge and application usage (Excel functions, pivot tables, etc)
·  • Able to work in a changing environment
·  • Able to create and implement alternative solutions to complex issues
·  • Able to document and support internal control/SOX as necessary
·  • In-depth understanding of financial statements & core finance/accounting concepts
·  • Strong analytical skills
·  • Strong spreadsheet skills/financial systems experience
·  • Capable of working in a deadline-oriented environment
·  • Willing to work effectively in a team environment

Specificity of the job

Occasional travel (general guideline: one time per year)

Company information

Safran Electrical & Power

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 84,000 employees and holds, alone or in partnership, world or European leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and Innovation roadmap.

Safran is featured on the "Happy at work" rankings. The Group places fourth on the Capital ranking for best employers in France.

Safran Electrical & Power is one of the world's leaders in aircraft electrical systems. The company is a key player in the equipment electrification & in the electric and hybrid propulsion sector. It has 15,000 employees across 13 different countries.