An entry level role for a talented candidate looking to start a career in Finance. This role would be joining a market leading Engineering & Manufacturing company of state-of-the-art Aviation Systems equipment. The role would be to join and support the Finance team in the Engineering, FP&A, Commercial and Supply Chain Finance functions, gaining experience in a broad range of finance areas as they develop.
About Us
At GE Aviation, we believe the world works better when it flies. We are a world-leading provider of jet engines, components, and integrated systems for commercial and military aircraft. Our rich history of inventing the future of flight, our continual investment in research and development, and our talented and innovative people will enable us to rise to the challenge of building a world that works with industry-leading technology and innovation. In fact, we’re already developing our next-generation of technologies to achieve greater fuel efficiency and reduce CO2 emissions with an ambition to be a net-zero company by 2050.
Working at GE Aviation means you are bringing your unique perspective, innovative spirit, drive, curiosity, and ability to question the status quo to a collaborative and diverse team. It means you will have ideas and we will listen. Here, you will have the opportunity to work on really cool things with really smart people. Work that you will be proud of. Work that really matters.
Here are just a few of the reasons you will want to consider a career with us:
You will help solve the global challenge of how the world flies sustainably. Do work real work with a real purpose.
Be a part of a global workforce of diverse backgrounds, perspectives, ideas, and experiences where everyone feels supported and respected.
Learn from the best minds who also want to learn from you.
Earn merit-based rewards and incentives.
Have opportunities for continuous learning and development.
Training
By applying for this role, you will also be supported through the Accountancy Taxation Professional Level 7 apprenticeship which is equivalent to master’s degree and will provide you with CIMA.
Please ensure you take a read of the apprenticeship, to make sure you understand what you will be studying. https://www.instituteforapprenticeships.org/apprenticeship-standards/accountancy-taxation-professional/. The apprenticeship funding rules mean that you will need to have 20% of your time “off the job,” this is not quite as transactional as one day a week out of the office. Your Line Manager & institution will support you to ensure you meet the requirements for this learning.
We have identified our provider & they have shared some insights about what to expect about the learning & time commitment.
‘Flipped classroom’ model, during tuition periods apprentices are required to allocate between 4 – 5 hours per week to watch the recorded videos in advance of the scheduled live online (evening) Masterclasses. This can go towards your 20% off the job and any time spent on this during non-working hours- you will be given time off in lieu.
There are multiple deadlines per course (Checkpoint tests, Midpoint, Proficiency assessment etc) that need to be met. Once we understand what your programme will look like factoring in exemptions, this will be shared with you.
Regular (every 8-10 weeks) apprenticeship review meetings – to challenge knowledge, skills and behaviour development.
You will need to upload (monthly) off the job training logs documenting time spent developing new skills to evidence the 20%
To be eligible to join this course and therefore this role:
You need to be able to evidence GSCE/Level 2 Maths and English certs
You need to be able to evidence a L4 finance/accountancy qualification or equivalent
You do not already have a similar level 7 qualification
If you are selected to attend an interview, in addition to competency questions we will question you around your knowledge of the qualification and eligibility to ensure you are committed to this programme. It would be advisable to visit the CIMA website to also be aware of what exemptions you have. We will also connect you to our academic provider to confirm your eligibility,
Useful Information
The training contract will no later than September 2023 for a duration of 3 years. It will be based at the Cheltenham site (Gloucestershire).
The selection stages may include online assessments, video interview and a final on-site interview.
Essential Responsibilities:
Over a 3-year rotation you should expect to work in 3 major areas of Finance associated with a manufacturing facility namely:
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Supply Chain Finance
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Engineering Finance
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Finance, Planning and Analysis
Whilst responsibilities will vary by function you can expect some key responsibilities as follows
Working on LEAN and improvement projects with a focus on streamlining, eliminating waste and driving more and more transparency around results and forecasts
Cost control and budgeting
Understanding technical accounting aspects to make compliant accounting decisions and inform the business
Other diverse projects as and when required and depending upon development progress and performance
Supply Chain specific responsibilities
Partnering with the Supply Chain function across multiple teams (Production & Aftermarket, Site Services/Facilities, EHS, Materials, Sourcing & Quality) – approx. 600 employees in total
Cost control and budgeting
Cost out – material & conversion productivity related tasks
Inventory – recording, control and management
Losses – scrap and rework
Resource planning – material and labour related planning
Capital expenditure – investment in the site and production facilities
Engineering specific responsibilities
Partnering with the Engineering function across – approx. 800 employees in total
Managing project budgets and approvals
Driving execution of projects to budget and partnering with Engineering and Programme leadership teams to deliver against customer milestones
Partnering with Engineering Operations teams to forecast Engineering project spend for both short, medium and long term forecasts
Be a core part of the reporting framework around Engineering Finance: driving standard work, standard analytics and a common understanding throughout our Engineering & Programmes community over the Engineering performance
FP&A specific responsibilities
Partnering with the Customer Programme team & other P&L functions
Revenue & margin analysis
Short term & long term planning
Reporting business performance to local and HQ functions
Essential Qualifications / Requirements
Degree qualified or relevant work experience
Numerical acumen and an aspiration to enter and complete technical qualification as a Chartered Accountant
Part qualified accountants looking to complete their technical training will also be considered
You need to be able to evidence GSCE/Level 2 Maths and English certs
You need to be able to evidence a L4 finance/accountancy qualification or equivalent
Have the right to work in England
You do not already have a similar level 7 qualification
Desired Characteristics
Strong/Advanced Microsoft Excel skills
Work experience/relevant internship
Positive can-do attitude
Able to fluently speak and write in English language
Self-starter and able to problem solve using your initiative
Able to work as part of a team and be an active contributor to team discussions and projects
Flexible work style, ability to work under pressure & must be able to work on own initiative
Good organisational skills and the ability to plan against deadlines efficiently
Track record in creative thinking, process improvement and elimination of waste
GE supports and encourages flexible working arrangements, where possible, and recognises the benefits to employees of having a positive work-life balance.
At GE Aviation we understand the importance of Total Reward. Our flexible benefits plan, called FlexChoice, 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 GE 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;
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Non-contributory Pension
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Life Assurance
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Group income protection
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Private medical cover
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Holiday Hourly equivalent of 26 days, with flexible option to buy or sell
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
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.
Relocation Assistance Provided: No