Management Accountant

Location:

Glasgow, United Kingdom Together we offer fantastic opportunities for committed employees to learn and develop their career with us. At Thales UK, we research, develop, and supply technology and services that impact the lives of millions of people each day to make life better, and keep us safer. We innovate across the major industries of Aerospace, Defence, Security and Space. Your health and well-being matters to us and that’s why we offer you the flexibility to do what’s important to you;

whether that’s part time hours, job sharing, home working, or the ability to flex your start and finish times. Where possible, we support a working pattern that suits your lifestyle and helps you reach your ambitions.
** Management Reporting Accountant
**** Glasgow
* *** What the role has to offer
*** Great opportunity to gain experience and further your career in Finance
* Work in a team supporting a broad project portfolio across Land Sector with a growth trajectory and robust order backlog.
* Opportunity to support the development of marketing leading products and capabilities, underpinned by investment plans and shift to a product approach where appropriate.
* Opportunity to engage with multiple stakeholders across the project, functions, other part of Thales UK, business line and GBU
* Opportunity to work in a fast paced, exciting and dynamic environment
* The chance to make enhancements to the control environment to ensure the sector is well positioned to execute its growth plan in a controlled fashion.
* Ability to drive continuous improvement
** Our Opportunity:
** Thales UK currently has an exciting opportunity for a Management Reporting Accountant to join the OME UK Finance team. You would be joining OME at a time of record order book and a revenue growth trajectory of c.10% across our 5 year strategic planning window. The OME business has a varied portfolio across the Sea, Air and Land sectors, including complex product development, systems integration, product manufacturing and service support projects.
The role will support the objectives of the overall Optronics & Missile Electronics business (OME UK) but working closely with the Operations functions and the Business sector teams.
** The Key responsibilities of the Management Reporting Accountant are:
*** To assist in managing the Company’s reporting, forecasting, budgeting and project accounting control processes to ensure that the company meets its agreed financial objectives.
* To assist in ensuring that adequate financial control is exercised over the Company by ensuring compliance with Group and Statutory requirements.
* To also work closely with the Operations functions and the Business sectors to facilitate effective financial management
* In conjunction with the Senior Finance Manager ensure that the month end reporting timetable is adhered to, with accurate and timely submissions into the consolidated reporting tool (Magnitude). Responsible for the population into Magnitude of monthly financials statements and additional submissions in support of the budgeting cycle.
* Provide accurate and insightful analysis on project related Balance Sheet items in support of the Business Controller team,
* main areas of focus Unbilled/WIP/Inventory
** Provide support to the functions within Operations, primarily the reporting of actual performance versus budget for all functions within Operations and the re-forecasting there-of.  To undertake variance analysis and reporting of Utilisation and labour recovery.
* Lead the annual rates process for the OME business for both Internal and MoD External
* To support the Multi-Year Budgeting activities for the Finance function primarily with regard to the determination of recoverable hours (MYB) and utilisation analysis and provide meaningful business insight to allow effective decision-making
* To work with the Operations function and the Head of Operations to responsible for the monthly financial performance requirements and identify issues and implement improvements.
* Finance Lead for Operations/Supply and Resource Planning (S&OP) meetings in accordance with OME monthly timetable.
* Provision of accurate and…