Finance Controller - Enterprise Asset Management

Socket.dev; Scottsdale (AZ); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Comprehensive Healthcare

401(k) with match

Paid Time Off from day one

Bonus opportunities

Flexible Spending Accounts (FSA)

Disability Insurance

Life Insurance

Learning & Training opportunities

Job summary

StandardAero in Scottsdale, AZ is seeking a Finance Controller, Enterprise Asset Management, to lead the company’s global asset management finances, including engine trading, parts sales, and leasing. You will partner with senior leaders to align asset management investments with MRO goals and drive cross-functional collaboration across Engine Services and Component Repair Services.

In this role you will consolidate accounting architecture across divisions, build a single P&L, and define future

Qualifications

• Must be authorized to work in the US.
• Bachelor's degree in Finance, Economics, Business Administration, or related field required.
• 5+ years experience in accounting, budgeting, financial planning and analysis or other financial activities.
• Strong business acumen with a proactive, collaborative mindset.
• Change management, operational excellence and continuous improvement track record.
• Experience with financial software or technology solutions.

Responsibilities

• Design and implement financial reporting, forecasting and operations management systems.
• Engage finance stakeholders across Engine Services and Component Repair Services.
• Develop and deliver AOP/LRP commitments and risk management.
• Lead monthly/quarterly close processes and KPI analysis.
• Develop financial policies to improve profitability and competitiveness.

Skills

Finance

Accounting

Budgeting

Forecasting

Stakeholder management

Negotiation

Communication

Change management

Education

Bachelor's degree in Finance

MBA (preferred)

Tools

ERP/financial software

Job description

Build an Aviation Career You're Proud Of

As the Finance Controller, Enterprise Asset Management, you will have financial responsibility for leading the company’s global asset management resources, in all aspects of engine trading, parts sales, & leasing. You will partner with the VP, Enterprise Asset Management and company business unit VP/GMs to ensure that priorities for asset management investment are supportive of and aligned with the company MRO goals. You will liaise with the Engine Services and Component Repair Services finance teams, fostering collaboration across the core company business units.

The initial focus of this role is consolidating the company’s current accounting architecture and asset management capabilities across different divisions and products within StandardAero, utilizing effective change management, systems and enterprise thinking At the end of this initial phase, the company core asset management activities will be represented as a single P&L, a functional organization design is in place, and future investment requirements are defined to support the long-range plan.

Location: On site in Scottsdale, AZ

What you'll do:

Control Environment

• Design and implement new or evolved financial reporting, forecasting and operations management systems to drive consistency, alignment, and increased business performance across the entire Asset Management Portfolio within StandardAero.
• Engage and positively influence key finance stakeholders in both Engine Services and Component Repair Services segments to ensure alignment of focus and action
• Develop and deliver both Annual Operating & Long Range Plan (AOP/LRP) commitments, including associated Risks & Opportunities management that support monthly forecast updates
• Develop and implement financial policies, procedures, work instructions and programs to enhance the competitive position and profitability of the operation.
• Lead financial control activities including monthly/quarterly close processes, review and analysis of financial performance. Promote focus on a suite of financial KPI’s including (but not limited to) revenue, EBITDA, TWC and free cash flow

Partnering

• Drive integration and embracement of asset management supply and demand into sector and business unit Sales, Inventory and Operations Planning (SIOP) processes to strengthen longer term planning and ensure competitiveness, cost effectiveness and cash management aligned with company goals
• Lead weekly/monthly business operating reviews with senior business and finance leadership teams
• Develop strategies and execute the integration of a cross-sector and multi-product asset management team across StandardAero
• Pioneer rapid prototyping and financial appraisal templates to facilitate appraisal of Asset Management investments, including (but not limited to) lease/rental engines, Used Serviceable Material (USM), Engine and Parts Trading, Exchange Engines, etc.
• Represent StandardAero as the financial subject matter expert in dialogue and negotiations with key industry partners supporting asset management activities, ensuring we are appropriately connected throughout the value-stream. Including but not limited to tear-down partners, airframe procurement, key leasing clients and ground services entities.

Position Requirements:

• Must be authorized to work in the US
• Bachelors degree in Finance, Economics, Business Administration, or related field required
• 5+ years experience in accounting, budgeting, financial planning and analysis or other financial activities.
• Strong business acumen and innate curiosity with a talent for finding and maximizing opportunities in order to collaborate and contribute to the success of the business model, including support functions such as Operations, Sales, Quality, etc.
• Demonstrated track record of change management, operational excellence & continuous improvement.
• Strong knowledge and experience utilizing and/or implementing software or technology solutions within the business
• Excellent negotiation and communication skills

Preferred Characteristics:

• MBA preferred
• Strong Financial and Business Acumen, specifically in the aerospace industry, and in the asset management space
• Business Development mindset – ability to synthesize opportunities externally and internally to grow Asset Management for StandardAero, creating business cases to fund, cultivate, execute to deliver enterprise value
• Knowledge of the Commercial and/or Business Aviation end-markets.
• Drive for results and high-level of accountability
• Innovation, change management and setting and communicating a clear vision
• High-level of integrity, empathy, and desire to cultivate a culture that fosters teamwork

Benefits that make life better

• Comprehensive Healthcare
• 401(k) with 100% company match; up to 5% vested
• Paid Time Off starting on day one
• Bonus opportunities
• Health- & Dependent Care Flexible Spending Accounts
• Short- & Long-Term Disability
• Life & AD&D Insurance
• Learning & Training opportunities

Raising the Standard of Excellence since 1911

With over a century of proven excellence, StandardAero has become an industry leader in MRO services and customized solutions in the aerospace field. Our shared values and learning-based culture inspire our team to exceed their potential and power our customers’ missions worldwide. With on-the-job training, advancement opportunities, and excellent benefits, StandardAero invites you to experience a fulfilling and meaningful career with us.

Inclusivity Is Our Standard

It is StandardAero’s policy to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex (including transgender status, sexual orientation, and pregnancy) sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information. Our supportive environment celebrates diversity with no room for harassment or discrimination of any kind. We invite you to bring your authentic self to our team and experience our welcoming culture.