FP&A Specialist - Repair Business Partner

IAG Engine Tech; Madrid; On-site; EUR 70,000 - 110,000; Full time

Job summary

IAG Engine Tech in Madrid seeks an FP&A Specialist - Repair Business Partner to own P&L and lead performance analysis for the repair segment. You will build the financial management framework, partnering with Operations, Engineering, Supply Chain and Commercial / Bidding to optimize profitability, productivity, capacity and working capital.

You will drive planning, forecasting and strategic planning, develop robust models for workload and cost drivers, and analyze profitability by repair type

Qualifications

• 5+ years in FP&A, controlling, industrial finance or business partnering.
• Experience in aerospace, MRO, manufacturing or repair is a plus.
• Strong planning, modelling and decision-support skills.

Responsibilities

• Own the P&L and performance analysis for the repair business.
• Lead monthly performance reviews and define corrective actions.
• Lead budget, forecast and strategic planning for the repair unit.
• Develop models for workload, capacity, and cost drivers.
• Provide financial inputs to bidding for repairs and tenders.

Skills

FP&A

Performance analysis

English fluency

Education

Bachelor's degree in finance

Master's degree (plus)

Job description

The FP&A Specialist - Repair Business Partner will act as the financial co-pilot for the engine parts repair activity, ensuring robust performance management, planning and decision support for a business with distinct economics from engine shop visits. The role will build the financial management framework for the repair business, partnering with Operations, Engineering, Supply Chain and Commercial / Bidding to optimize profitability, productivity, capacity and working capital. The role requires a proactive and entrepreneurial mindset to identify gaps, establish processes and build the capability as the business grows.

Accountabilities

• Own the P&L and performance analysis for the repair business, providing transparent visibility of revenue, cost, margin and key operational drivers.
• Lead monthly performance reviews, explaining variances and defining corrective actions with operational leadership.

Planning & forecasting:

• Lead the budget, forecast and strategic planning processes for the repair business.
• Develop robust models for workload, capacity, productivity, material cost, external repairs and labour requirements.
• Analyze profitability by repair type, customer / programme and relevant operational dimensions.
• Identify cost and productivity drivers and challenge assumptions to improve repair economics.
• Provide financial inputs to Bidding for repair-related tenders and offers in line with the agreed operating model.

Business cases & growth:

• Support business cases related to new repair capabilities, equipment, tooling, workforce, suppliers and customer opportunities.
• Assess financial returns, sensitivities, capacity implications and cash requirements of growth initiatives.

Working capital interface:

• Work with the WC, Balance & Corporate Functions BP to understand inventory and cash implications of repair activity and identify opportunities for improvement.

Education, skills and experience

• Bachelor's degree in finance, economics, engineering, business administration or related field. Master's degree is a plus.
• Fluent written and spoken English.

Experience

• 5+ years of relevant experience in FP&A, controlling, industrial finance, product finance or business partnering.
• Experience in a MRO Aerspace, manufactring or repair environment is a plus.
• Experience in supply chain, repairs desirable but not essential.