Financial Operations Manager
BAE Systems
Burwood House
1d ago

Finance Operations & Reporting Manager

Would you like to work with in an exciting and newly created role in our Head Office Financial team? We currently have a vacancy for a Finance Operations & Reporting Manager at our site in Burwood House, London.

As the Finance Operations & Reporting Manager you will be, supported by a team of two analysts, responsible for all day to day operational finance processes and scheme level reporting for schemes with a combined AUM of £25bn.

In this role you will have full responsibility for the end to end accounting process, and will be given the authority and autonomy to redesign these processes to deliver a significant improvement in timeliness and quality of the reported data.

In many cases you will be responsible for delivering data outside of BAPFIM and will thus be the external face of the firm with a responsibility to maintain and enhance our reputation for high quality reporting

Your main responsibilities as the Finance Operations & Reporting Manager will involve :

Production of the following deliverables :

  • Producing daily valuation for all BAPFIM managed schemes, c.£25bn AUM spread across multiple asset classes. Valuation is required by 9 : 00 every morning
  • Forecasting Weekly cash flow for all schemes to support investment decision making by the CIO
  • Monthly reconciliation of cash accounts and miscellaneous assets and liabilities, and collation of month end file of reconciliations covering total balance sheet of all schemes
  • Quarterly completion of SORP compliant P&L and Balance Sheet information to the scheme administrators, including delivering a significant reduction in current timelines and increase in quality
  • Maintaining VAT compliance while ensuring that the schemes' VAT recovery is maximised
  • Designing, implementing and operating a new framework for annual budgeting and cost management to ensure that the operating costs incurred deliver value for money
  • Managing the following operational processes :

  • Monitoring inbound inboxes to ensure all Private Equity calls and distributions are identified, initiated and confirmed as processed
  • Liaising with Front and Middle Offices to ensure that all internal cash transfers are appropriately executed, controlled and recorded.
  • Managing the approval of purchase orders and payment of supplier invoices
  • Management of the execution of other cash processes as required, including payments to and from the scheme sponsors and external property managers.
  • Your skills and qualifications :

    Proven experience working as an Investment Accounting professional with general knowledge of the schemes' asset classes

    Experience of entity level financial reporting, and also daily operational processes, for financial services institutions

    Significant track record in process simplification and improvement

    Team management experience

    What we're looking for in you :

    You will be committed and dynamic with a confident communication style and a challenging personality with the ability to influence.

    You will be an analytical problem solver with a questioning mind-set and have the ability work in a small team as a team player.

    Location : Burwood House, London

    Salary : Competitive

    Benefits : Our employees receive an excellent benefits package which includes a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan.

    We also offer a range of additional benefits such as flexible working, an employee assistance programme, Cycle2work and many local and national employee discounts.

    Some employees may also be eligible for an annual incentive.

    BAE Systems

    BAE Systems is one of the world's leading global defence, security and aerospace companies. We work at the cutting edge of technology, creating more than 100 new inventions every year for customers in over 100 countries.

    Head Office

    If you'd like to make a real difference where it counts, BAE Systems is the place for you.

    From keeping soldiers, sailors and pilots safe to helping countries prosper, from developing the next generation of supersonic aircraft to investing in the next generation of super-smart talent - at BAE Systems, we work together to give our customers an essential edge in protecting the things that really matter.

    Lives, livelihoods, ways of life.

    As part of the Head Office team, you'll be at the heart of this endeavour - working closely with our air, maritime, land and cyber and intelligence businesses to support our customers around the world.

    Join us and you'll be encouraged and rewarded to excel in this important work. Apply your talent where it counts.

    We recognise that an inclusive and diverse workplace - where all employees feel respected, valued and able to achieve their full potential - is vitally important.

    Not only does it inspire creativity and collaboration, it's good for business. We celebrate our differences and believe our diverse skills, abilities and perspectives strengthen our culture and our overall performance.

    We welcome applications from all suitably qualified people.

    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 / or your place of birth may limit those roles that you can perform for the organisation .

    Due to the volume of applications we receive, we sometimes close our vacancies early. It is therefore advisable to apply as early as possible if you would like to be considered for a role with BAE Systems.

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