Finance Analyst - Time And Material

Job Description
Finance Analyst - Time and Material
Full Time/Hybrid
Derby
Why Rolls-Royce?
An exciting opportunity has arisen in the Civil Aerospace Services team as Finance Analyst - T&M Sales.
This Finance Analyst role sits within the Time & Material (T&M) Finance Team who manage all aspects of the T&M P&L and Balance Sheet, covering all Aftermarket sales that are not covered by a long-term service agreement, for the Widebody engine Programmes. The team are also responsible for the accounting of Overhaul Base Flows involving parts sales to the OHB network to support Widebody engine overhauls.
At Rolls-Royce, we pioneer the power that matters to our customers, to society and to the planet.
Every great product needs a great business behind it. Our work is complex, innovative, highly challenging and rewarding, and it takes a range of professionals to do it. Having the right people means we can deliver excellence to our customers and pioneer the power that matters.
Join us and we'll provide an environment where you can be yourself. An inclusive, digital-first culture that invests in you, gives you a platform for continuous learning.
We offer excellent development, a competitive salary and exceptional benefits. These include bonus, employee support assistance and employee discounts.
Your needs are as unique as you are. Hybrid working is a way in which our people can balance their time between the office, home, or another remote location. It's a locally managed and flexed informal discretionary arrangement. As a minimum we're all expected to attend the workplace for collaboration and other specific reasons, on average three days per week.
What you will be doing:
You will support the T&M Sales and consumption processes covering Reduce to Cost, Deferred Income, Ordering Patterns, Kitting, and Invoice vs Consumption.

• Responsible for delivering the Deferred Income, Reduce to Cost and Double Count Kitting and Ordering Patterns elements of T&M Sales financials.
• Responsible for providing cross team/function support on all Deferred Income, Reduce to Cost and Double Count Kitting financial matters.
• Produce balance sheet reconciliations related to Deferred Income and Double Count Kitting.
• Responsible for investigating and resolving OHB invoice versus consumption
• Support the delivery of forecasting commitments for Time and Material sales revenue.
• Support the Services Improvement team in the delivery of the new T&M process during 2024

Key Relationships:

• Time and Material Finance Manager
• Finance Business Partners - Engine Programmes
• Wider Services Finance Team

Who we are looking for:
Being a part of Rolls-Royce you'll know we embrace agility, are bold, pursue collaboration and seek simplicity in everything we do. These principles form our values and behaviours and are an essential component of our assessment process and are fundamental qualities that we seek for all roles.

• Operation of complex processes
• Ability to build effective working relationships with a diverse range of individuals and teams
• Problem-solving skills
• Numerate and analytical
• Working knowledge of SAP and excel
• Part Qualified / Qualified Accountant or relevant Finance experience

The professional level and salary of the position will be dependent on the skills and experience of the successful candidate but is anticipated to be Staff Grade SNBG 7-10.
This job is advertised at the grades shown, and this is the desired operating level for this role. We encourage applications from candidates with relevant experience from any grade.
It is advised that you inform your current manager of your application for this role.
We are an equal opportunities employer. We're committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives. And the more perspectives we have, the more successful we'll be. By building a culture of respect and appreciation, we give everyone who works here the opportunity to realise their full potential.
You can learn more about our global Inclusion strategy here.
Grade: SNBG 7 - 10
Closing Date: Midnight 25th January 2024
For further information please contact: Katie Charlesworth
Recruiter: Alison Haw
Job Category
Finance
Posting Date
12 Jan 2024; 00:01