Industrial Finance Controller

Location: Singapore, Singapore

In fast changing markets, customers worldwide rely on Thales. Thales is a business where brilliant people from all over the world come together to share ideas and inspire each other. In aerospace, transportation, defence, security and space, our architects design innovative solutions that make our tomorrow's possible.

Thales established its presence in Singapore in 1973 to support the expansion of aerospace-related activities in the Asia-Pacific region. Throughout the last four decades, the company grew from strength to strength and is today involved in the primary businesses of Aerospace (including Air Traffic Management), Defence & Security, Ground Transportation and Digital Identity & Security. Thales today employs over 2,100 people in Singapore across all its business areas.

The opportunities:

At the heart of the activities of one or more industrial sites, the industrial controller in charge of monitoring the production activity. He/She act as a business partner to the APU & AAIC stakeholders. Communicate reliable and comprehensible financial indicators for steering. Provide operational management with the keys and levers for improving industrial competitiveness. Represent the finance function in the operational groups and guarantee the correct application of the financial rules.

Responsibilities:

a) Manage AAIC financials, b) management reporting, c) financial report with variances analysis & build corrective action plan, d) financial forecast, predictability & risks and opportunities management e) assist regional BLs management in drivers to change/improve the future results

Finance business partner & KPI Monitoring

• To monitor AAIC industrial financial results delivery and MYB budget execution
  To ensure and control timely best in class reporting to the Group, GBU or BLs
• To promotes cash culture with strong focus on inventories & CAPEX planning. Manage and report accurately through GBU Anaplan OCF tool
• Continuous improvement of monthly closing processes (timing, data integrity, eliminate redundant tasks)

Budgetary control:

• To control expenses through best-in-class budgetary control (e.g. CBN variances analysis) and reporting (process and tools such as Anaplan)
  To validate CAPEX/OPEX /Inventory according to applicable DOA
• Participate continuous improvement for finance in GBUs structure costs reduction initiatives
• Conduct regular Balance Sheet / Cost Centers / CPP & CPR reviews

Industrial control and standard costing:

• Manage industrial performance and the APU analytical result account (hourly rates, industrial differences, stock differences).
• Contributing and analyze of industrial standard costs on monthly basis
• Monitor monthly industrial, manufacturing and purchasing gaps
• Preparing the MYB budget, forecast and actual industrial activities
• Work towards continuous improvement of tools related to Finance
• Identify industrial risks and opportunities
• Perform ad hoc analysis
• Be the financial reference for cost investigations of products related to production perimeter
• Verify consistency between workforce demand and industrial load level

Industrial Project Finance Support (New project setups)

• Support business case preparation, ROI analysis and CAPEX validation for new line setups and technology transfers.
• Collaborate with industrial, Supply Chain and Engineering team to track project budgets, monitor cost deviations and ensure alignment with financial targets and investment approvals.

Industrial business controller would support any financial topic related to Business Lines financial matters in coordination with BL Central & country finance, therefore list is not exhaustive herein

Requirements:

• MBA / Degree in Accounting / CA qualification
• 5+ years of accounting/business control/FP&A experience with,
• Prior experience in financial and management reporting
• Prior experience in industrial/manufacturing control and standard costing
• Prior experience managing budgets, conducting in-depth financial analysis and submitting recommendations for management decision making
• Prior experience in ERP management systems (SAP preferred)
• Knowledge of finance, cost control, budgeting, and accounting principles including GAAP & IFRS
• Knowledge of automated financial and accounting reporting systems
• Ability to analyze financial data and prepare financial reports, statements, and projections
• Financial Systems (i.e. SAP, Primavera, Power BI, Power Query) experience preferred
• Professional written and verbal communication and interpersonal skills
• Ability to produce quality results within tight timeframes
• Ability to handle multiple projects and adapt to changing priorities
• Ability to work independently with minimal direction and to assume a lead role within specific areas of responsibility
• Excellent judgment, planning and organizational skills

At Thales we provide CAREERS and not only jobs. With Thales employing 80,000 employees in 68 countries our mobility policy enables thousands of employees each year to develop their careers at home and abroad, in their existing areas of expertise or by branching out into new fields. Together we believe that embracing flexibility is a smarter way of working. Great journeys start here, apply now!