Senior Finance Manager – Rates

This job is with BAE Systems, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Job Title: Senior Finance Manager – Rates

Location: Samlesbury. We offer a range of hybrid and flexible working arrangements – please speak to your recruiter about the options for this particular role.

Salary: £64,000 + depending on experience

What you’ll be doing:

• Leading the team in delivering first class rates services with a continuous improvement mindset


• Supporting the review of Rates Operating Models across the UK Enterprise, while understanding and communicating business and customer impacts


• Co-ordinate the submission of actual rates to customers and regulators, ensuring compliance with statutory guidance and regulations in the preparation of rates claims and lead rates audit activities


• collaborate with FP&A to assess rates changes


• Supporting Commercial Leads in discussions with customers on rates agreements and cost allow ability


• Manage stakeholder relationships with internal and external customer and regulator representatives, ensuring effective communication and collaboration


• Co-ordinate rates inputs into the IBP process, overseeing dependencies, timetable adherence, and ensuring robust processes and controls are in place


• Aiding the development of future rates strategy


• Deliver Rates and Statutory Guidance Awareness Training to the wider function, while assisting the Head of Rates in developing company guidance on Rates


• Responsible for leading and managing a team of five direct reports

Your skills and experiences:

Essential

• Proactive and self-motivated individual with the ability to lead and inspire teams


• Solid cost base management and financial modelling expertise alongside proven experience in project financial management


• Experience working on Defence contracts or similar industries (e.g., industrial, aerospace, or government sectors), with an understanding of complex regulatory and contractual environments

Desirable

• Understanding of UK MOD accounting rules, key stakeholders, and rates assurance processes

Benefits:

You’ll receive benefits including a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. You’ll also have access to additional benefits such as flexible working, an employee assistance programme, Cycle2work and employee discounts – you may also be eligible for an annual incentive.

The Finance Team:

Join a dynamic and forward-thinking team within the Head Office business, reporting directly to the Head of Rates and Government Contracting. As a team leader responsible for Rates, you will manage a talented group of employees, guiding them in offering rates services to BAE Systems’ Air Sector and beyond. You’ll play a crucial part in ensuring regulatory compliance and developing rates strategy and processes. You will collaborate closely to build strong relationships with key stakeholders across the Finance function, and engage with external customers, including the MOD.

Why BAE Systems?

This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity, rewards integrity, and merit, and where you’ll be empowered to fulfil your potential. We welcome candidates from all backgrounds and particularly from sections of the community who are currently underrepresented within our industry, including women, ethnic minorities, people with disabilities and LGBTQ+ individuals. We also want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.

Please be aware that many roles working for BAE Systems will be subject to both security and export control restrictions. These restrictions mean that factors including your nationality, any previous nationalities you have held, and your place of birth may limit those roles you can perform for the organisation.

Closing Date: 23rd October 2024

We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.

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