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GE Aviation Finance Graduate Apprentice, Cheltenham

316a304

Cheltenham, England

2 days ago

GE Aviation

Cincinnati, United States

Larry Culp

$25 to $50 million (USD)

Subsidiary or Business Segment

1917


Job Description

Job Description Summary

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.

Job Description

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:

  • Supply Chain Finance
  • Engineering Finance
  • 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;

  • Non-contributory Pension
  • Life Assurance
  • Group income protection
  • Private medical cover
  • 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.

Additional Information

Relocation Assistance Provided: No


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