Job description
Job Details
In a nutshell
We love to disrupt the market and lead the way with fresh ideas. Bringing new approaches to the industry and remaining a loud and proud voice for positive change - be it on issues of sustainability, people, or our communities. So, if you're ready to take your career to new heights, read on.
The purpose of this role is to establish, operate and control the aircraft heavy maintenance accounting processes of the Group balance sheet. This role must deliver accurate, reliable and timely books of account for the VAL Group and its subsidiaries as well as oversee the operation of IFRS compliant maintenance provision accounting.
Day to day
- This role will be part of an established team who are responsible for delivering high quality, accurate, reliable and technically complete maintenance accounting expertise for all entities within the VAL Group (including VAA and VAH).
- The role will require working closely with the Senior Manager - Group Financial Reporting as well as VP Financial Operations & Procurement to ensure all aspects of the Group's heavy maintenance transactions are gathered and reported accurately.
- Supervising all aspects of maintenance accounting arising from aircraft lease obligations and heavy maintenance events, including the preparation of letters of credit where applicable.
- IFRS16 lease accounting for UK property, engineering lease spares and fleet.
- You will be accountable for ensuring that the overall balance sheet is controlled with respect to aircraft maintenance and operating leases through reconciliations, appropriate workings and accounting papers to support judgements taken (particularly relevant for liabilities and provisions created).
- Working with Controller - Financial Planning to ensure all direct maintenance costs (DMCs) are correctly accounted for each month and resolving queries.
- Over the longer term you will be supporting the delivery of implementing our new ERP, Oracle Fusion.
About you
This role is an exciting opportunity for someone with strong management and interpersonal skills, along with an analytical capability.
In addition to the above, we'd love for our successful candidate to demonstrate the following:
- ACA/ACCA qualification with a proven background in IFRS (IFRS16 and IAS37 in particular)
- Appreciation of management accounting and financial systems - preferably Oracle financials with the skill to implement new systems and accounting modules.
- Business Objects user experience
- Ability to dissect, redesign and implement process change.
- Risk assessment and design of appropriate, proportionate controls.
If this sounds like you, and you wish to be on this exciting journey with us, we would love to hear from you!
Be yourself
To make your journey with us accessible and individual to you, we encourage you to let us know if you'd like a little extra help with your application, or if you have any individual requirements at any stage along your recruitment journey. We are here to support you, so please reach out to our team, ([email protected]) feeling confident that we've got your individual considerations covered.