Job details
Job Type
Full-time
Full Job Description
Senior Financial Analyst – Spares Profitability and Performance
- 309467
We’re more than aviation experts, we’re pioneers. We challenge what’s possible. From breaking the sound barrier to developing the tiltrotor, we’ve reimagined the experience of flight for more than 85 years. Today, we’re redefining what flight is capable of.
Bell has an immediate opening at our Fort Worth, TX headquarters for an experienced Senior Financial Analyst whose responsibility primarily includes spare part profitability and performance, finished good inventory analysis, and managing the surplus and obsolescence and warranty reserves. In addition, this position will be responsible for supporting the business with Inventory reductions, Business Reviews, and assist with identifying operational metrics.
This position also applies appropriate GAAP and accounting techniques to assigned projects, provides analysis, and investigates variances.
Position Responsibilities include:
- Responsible for monthly Spares profitability analysis and communicating explanations for margin variances and fluctuations to upper management
- Manage part profitability data in Power BI, adding in depth analysis on profitability bands to existing processes
- Work with Integrated Operations/Finance to bring visibility to cost overruns on make and buy parts to drive better part performance
- Assist the business with the Spares Strategic Business Review
- Ensure proper accounting for Spares for revenue and cost. Assist the Sales Order admin team, when necessary, as the main Finance POC.
- Calculate and analyze the quarterly finished goods surplus and obsolescence (S&O) reserve and provision for slow moving inventory monthly
- Monitor and understand warranty expense by model and provision for cost monthly
- Conducting month-end close duties including the processing of journal entries, and reconciliation of reserve accounts
- Monitoring internal processes and controls (SOX) to ensure compliance with departmental, Bell and Textron guidelines and procedures. Serve as the main POC for Ernst & Young (E&Y) and Textron Audit Services (TAS)
- Partner with business to achieve inventory reduction initiatives and help determine metrics to track progress
- Assist business with special buys, flash sales, and movement of inventory to GPS inventory solutions
- Work with IT, the business, and co-workers on converting QlikView dashboards into Power BI for Spares Sales, Backlog, Orders, etc.
- Supporting ad hoc Spares requests and leading other team members as needed
- Provide assessment of procedures with the goal of identifying potential process improvements and refining current processes to achieve efficiencies, eliminate redundancies & document processes as required
Education Requirements:
- Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or related field of study
Position Requirements:
- At least 5 years of Financial Analysis experience
- A strong understanding of accounting systems using GAAP in a corporate environment
- High Level Proficiency with Strong Microsoft Excel and Microsoft Access
- Good organizational skills, ability to work concurrently on multiple and varied projects, seeking process improvements, driving efficiencies
- Strong written and verbal communication skills
- Detail oriented, critical thinking skills, excellent analytical and problem-solving skills, ability to utilize good common sense
- Strong leadership abilities, mentors’ others, directs workflows of others
- Ability to effectively interface with both internal and external customers
- Team Player and self-starter capable of meeting deadlines with minimal supervision
- Must be able to take initiative to proactively seek out solutions to business issues
Preferred Qualifications:
- Manufacturing industry experience
- Knowledge of Power BI, (SQL preferred)
- Master’s degree
Don’t miss the chance to join a diverse, inclusive environment where you feel a sense of belonging. As a member of our global workforce, you will collaborate with dedicated, enthusiastic teams where unique experiences, backgrounds and ideas combined with a strong passion for our products take us above and beyond flight. #LI-Onsite
Bell will consider candidates nationally, however, this position does not offer relocation assistance
EEO Statement
Textron is committed to providing Equal Opportunity in Employment, to all applicants and employees regardless of, race, color, religion, gender, age, national origin, military status, veteran status, handicap, physical or mental disability, sexual orientation, gender identity, genetic information or any other characteristic protected by law.
This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR)., Non-U.S. persons selected must meet eligibility requirements for access to export-restricted information. , The ITAR/EAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. ‘Green Card Holder’), Political Asylee, or Refugee.
Pay Transparency Policy Statement
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise, have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
Recruiting Company Bell Textron Inc.
Primary Location US-Texas-Fort Worth
Job Field Finance/Accounting
Schedule Full-time
Job Level Individual Contributor
Shift First Shift
Job Posting 01/05/2023, 4:50:59 PM
Relocation Unavailable
Textron (and its subsidiaries) participates in E-Verify. We will provide the U.S. Social Security Administration (SSA) and, if necessary, the U.S. Department of Homeland Security (DHS) with information from each new employer’s Form I-9 to confirm work authorization.
