What are the responsibilities and job description for the Financial Controller position at Safran?
Are you ready to be part of a team that drives big ideas and even bigger wins? At Safran, we believe in the power of both collaboration and individual contributions. We understand that it takes diverse perspectives, problem-solving skills, dependability, and trust to push each other forward and achieve great success. For us, working here is more than just a job; it's a passion. There's the unique opportunity to lead the way in aerospace and defense and contribute to creating a safer and more sustainable world.
Objective:
Responsible for the monthly financial reports and month end closing for the plant. Interact with the management to help resolve accounting issues. Perform detailed analysis of the monthly financial statements. Manage accounting staff.
The Financial Controller manages the financial affairs of the division and prepares financial analyses, including interim and monthly financial statements. The responsibilities include the supervision over the accounting staff, internal and external auditing, and internal controls. The Financial Controller interacts with the Operations Manager to solve accounting issues. This position works independently with limited supervision.
Authorities:
This position has the authority and control to manage month end close tasks and prepare an array of accounting entries, general ledger tasks, consolidations, audits and internal controls for assigned accounts and business units.
Main Function Responsibilities:
• Overseeing the daily finance operations of the Company, including the source to pay, order to cash and treasury.
• Overseeing the global monthly and quarterly financial close process, including the review and approval of significant accounting transactions, monitoring the teams' status and driving the resolution of key issues.
• Act as a technical accounting subject expert on Audit and financial reporting matters
• Overseeing the implementation of the firm-wide ERP system, including the group reporting solution
• Maintain the division's system of accounts and keeps books and records on all company transactions and assets.
Complementary Description
• Support the preparation of monthly finance reviews with Corporate
• Act as liaison with both internal and external auditors.
• Assist with Annual Operating Plan (AOP) and strategic planning.
• Responsible for tax planning and compliance with all federal, state, and local corporate, payroll, and other applicable taxes.
• Train and manage the local accounting staff (AP team, AR team, Internal control) .
• Final responsibility for providing effective financial / internal controls for the organization.
• Customarily and regularly directs the work of 3 or more employees.
• Suggests and or recommends the hiring or firing and as to the advancement and promotion or any other change of status of other employees.
• Performs ad hoc / other duties as assigned by the CFO and/or other Executive Team members.
• Performs other related duties as assigned.
Qualification Requirements:
A. Education & Qualification:
• Bachelor's degree in accounting / finance a must; Master's and/or CPA preferred.
• Experience leading a high performing team; ability to lead, mentor and educate team members.
B. Work Experience - Technical knowledge
• At least 7 years related accounting experience required, preferably in a manufacturing environment.
• Must have knowledge of general ledger and accounts reconciliation.
C. Professional Skills:
• Must have knowledge of finance, accounting and budgeting, in accordance with GAAP. Need to know IFRS
• Must have knowledge of manufacturing general accounting
• Must have ability to analyze financial data and prepare financial reports, statements and projections. Must be experienced in analyzing and interpreting complex data, including modeling.
• Must have a strong understanding of financial operations, Cash collection and internal control principles.
• Must have knowledge of federal and state financial regulations.
• Must be able to use spreadsheet software and other office products.
• Must be proficient with accounting software; MAPICS, M3, SAP Financial Consolidation BFC, and/or other mainstream accounting/ERP systems
• Must have participated to an ERP implementation (SAP, Oracle, M3)
• Must have the ability to generate written communication and to operate required office equipment.
• Ability to read and review written communication.
D. Behavioral Skills:
• Must be able to function as part of a design team and understand Lean principles.
• Must be able to prepare information and communicate at Sr. Exec level.
• Requires strong decision-making skills.
• Customarily and regularly exercises discretion and independent judgment.
• Acts in accordance with company values and related competencies.
• Speech and hearing abilities that allow individual to communicate clearly and distinctly in English.
E. Desirable Aspects:
• Previous management experience desired.
• Experience in the Aerospace industry a plus.
• Financial Consolidation Software experience a plus.
• Worked with a Shared Service center for the AP / AR transactions
