Financial Accountant (18 Month FTC)
Published 05.22.2025
Company : Safran Helicopter Engines Job field : Finance and management Location : Segensworth North Fareham Hampshire, England, United Kingdom Contract type : Fixed Term contract Contract duration : Full-time Professional status : Employees / Staff
# 2025-158275
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Published 05.22.2025
Job Description
What's special about us?
Safran Helicopter Engines are the world's leading manufacturer of rotorcraft turbines and the only one dedicated exclusively to this market. Our UK facility is the European Maintenance Centre Hub for the SHE Group, performing level 1 to level 3 maintenance and repairs on complex helicopter engine components. Our experienced teams partner with our broad, global customer base, providing both technical expertise and broader support in both the fixed wing and rotary wing markets.
We are seeking a detail-oriented and proactive Financial Accountant to manage the company's financial records, reporting processes, cash management and credit control function. This role involves ensuring accurate financial accounting and maintaining effective credit management practices to support healthy cash flow and compliance with regulatory standards.
What will I be doing?
Key Responsibilities:
Responsible for credit control
• Support to implement new credit management process
• Monitor accounts receivable and actively manage the credit control process to reduce debtor days and minimize financial risk exposure
• Ensure that terms of payments and credit limits are respected
• Monitor customer credit terms to minimize risk of bad debts
• Preparation of Monthly Credit Review presentation and notes of meetings
• Weekly overdue forecasting to corporate
• Liaising with the shared services AR team
Trade Finance
• Liaise with commercial offices and customer support management for identifying and resolving problems.
Participation in contracts on payment terms clause
Source for information for assessing customer background
Assess new and existing customer creditworthiness and set appropriate credit limits.
Financial risks/margin analysis for contract/offer review
Cash management
• Organization and conducting of Weekly forecasting meeting – cash and overdue forecast
• Follow-up and reporting of the overdue position
• In charge of the weekly/monthly/budget cash forecast and data modelling evolution
• Analysis of the monthly Free Cash Flow and Cash position
• Update performance indicators on credit collection.
Payroll accounting
• Prepare and post accurate monthly payroll journal entries
• Perform thorough monthly reconciliations of payroll-related accounts. Investigate and resolve any discrepancies in a timely manner.
• Compile and analyse headcount data on a monthly basis, preparing detailed reports for all stakeholders
• Oversee the preparation and submission of annual payroll-related returns to HMRC, ensuring compliance with all UK tax regulations and deadlines
Other tasks
• Adhoc banking activities, including setting up manual payments
• Contribute to internal control and the annual review of narrative documents and control testing in areas of scope
• Ownership of the SOD control and quarterly reporting to group
Job Requirements
What do you need from me
Qualifications:
• Level 3 AAT qualified, or part-qualified ACA/ACCA/CIMA (or equivalent).
• 4+ years experience within a similar finance role
Competencies Skills:
• Knowledge of and experience with accounting systems
• Strong knowledge of financial accounting entry requirements
• Experience within a credit management function is mandatory
• Experience of and confident to challenge others/the process as/when needed
• Demonstrated knowledge of financial reporting rules and ensured compliance with financial regulations
• Excellent analytical skills
• Excellent organisational and communication (written and verbal) skills
• General ledger experience, SAP preferable
• Ability to work independently and manage multiple priorities.
Computer Skills:
• Strong knowledge of Microsoft Excel and complex data models
• Familiarity with windows based operating systems
• Proficient use of MS Office Suite products including Word, PowerPoint and Outlook
• ERP SAP Knowledge preferable
• Experience with PowerBI and PowerQuery preferable
Experience
Demonstrable of experience in accounting/finance role with credit control experience required.
What's my next step?
Please apply via the website and if you have what we are looking for, a member of our talent acquisition team will be in touch.
Diversity & Inclusion
At Safran, we understand that diversity and inclusion make teams stronger and more effective, and as an organisation, we are committed to fair and equitable employment practices for everyone.
We also know that some candidates may be put off applying for jobs where they don't meet 100% of the criteria outlined in the advert, however, we encourage you to apply if you can demonstrate a variety of skills and experiences relevant to the requirements of this role.
We will consider all applicants who meet the minimum requirements regardless of their identity or background.
If you would like to discuss any reasonable adjustments to the application or hiring process that may better facilitate your participation please get in touch for an informal chat. We will make every effort to respond to your request for assistance as soon as possible.
But what else? (advantages, specific features, etc.)
Why us?
Operating worldwide, Safran Helicopter Engines employ 5,900 people and have more than 2,500 customers in 155 countries, and 22,000 engines in service.
Located in Fareham on the South Coast of the UK, we've been a leader in the aerospace market for over 80 years, with a reputation for putting our customers first. Supporting both the civil and military markets, our UK facility is the European Maintenance Centre Hub for the Safran Helicopter Engines Group.
As a valued member of our team, these are just a few of the benefits you'll receive:
• 25 days holiday a year (plus bank holidays)
o Additional day for every 10 years' service
• Flexitime – where you can accrue up to your contractual hours
o Option to leave from 12:30 on Friday (role dependant)
• Hybrid working – on site 3 days per week from home 2 days (role dependant)
• On site restaurant with daily £1.50 subsidy for lunch
• Costa coffee on site
• Generous 7% pension contributions (after 3 months)
• Health cash back scheme (after probation)
• Purchase of company shares (after 3 months)
• Annual bonus of up to 3%
• Company sick pay
• Our dedicated Benefits Portal with a range of lifestyle benefits, including life assurance, cycle to work, retail discounts, access to healthcare & wellbeing services)
• Ample free parking
• Green scheme
o Accrue points for traveling to work by bike, walking, public transport or car share
o Once a quarter receive Amazon vouchers for the points (40 points = £10)
Company Information
Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 100,000 employees and sales of 27.3 billion euros in 2024, and holds, alone or in partnership, world or regional leadership positions in its core markets.
Safran is in the 2nd place in the aerospace and defense industry in TIME magazine's "World's best companies 2024" ranking.
Safran Helicopter Engines is the world's leading manufacturer of helicopter engines, with more than 75,000 produced since being founded. It offers the widest range of helicopter turboshafts in the world and has more than 2,500 customers in 155 countries.
Locate your future workplace
Concorde Way, PO15 5RL
Segensworth North Fareham Hampshire
England United Kingdom
100,000
employees worldwide
27
Number of countries where Safran is located
35
business area families
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