Principal Specialist, FP&A (Hybrid)

Arinc International Of Canada Ulc - Windsor Locks, CT

Part-time,Full-time - Mid Level

Hybrid - Windsor Locks, CT

10,001+ employees

About the position

The Principal Specialist, FP&A at Collins Aerospace is responsible for providing financial reporting and analysis for the Advanced Structures - Propeller Systems business. This hybrid role involves collaboration with cross-functional teams, including Engineering, Program Management, and Finance, to support both OEM and Aftermarket business segments in the aerospace industry. The position requires a strong focus on financial planning, analysis, and continuous improvement of key processes.

Responsibilities

• Collecting, analyzing, and consolidating engineering and program management spend from various sources.
• Collaborating with Engineering and Program Management leads to accurately forecast future spend and identify risks and opportunities.
• Creating and maintaining engineering Work Breakdown Structures (WBS).
• Compiling monthly intercompany invoicing for engineering support activities.
• Performing monthly financial closing and forecast activities, including journal entries and balance sheet reconciliations.
• Assisting in cash collections assurance by providing timely and accurate accounts receivable reporting and analysis.
• Supporting the Long-Range Plan and Annual Operating Plan (AOP) process as needed.
• Identifying and driving continuous improvements of key processes.
• Supporting a compliant controls environment, participating in SOX and ACA audits as required.
• Providing ad-hoc assistance, analysis, and reporting as requested by management and team.

Requirements

• Typically requires a University Degree and minimum 5 years prior relevant experience or an Advanced Degree in a related field and minimum 3 years of experience.
• U.S. citizenship is required due to government contractual requirements.
• Experience in using SAP and HFM / OneStream or similar systems.
• Experience using Microsoft Excel, including pivot tables and V-Lookups.
• Experience performing Financial Planning and Analysis concepts and processes, including revenue, earnings, and cash flow forecasting.

Nice-to-haves

• Ability to meet critical deadlines and develop reports to drive solutions and process improvements.
• Creative problem-solving skills for complex process and systems changes.
• Experience with other Business Objects / BI tools would be an asset.
• Aerospace industry experience.

Benefits

• Medical, dental, and vision insurance
• Generous 401(k) plan with employer matching and separate retirement contributions
• Tuition reimbursement program
• Student Loan Repayment Program
• Life insurance and disability coverage
• Optional coverages including pet insurance and home and auto insurance
• Birth, adoption, parental leave benefits
• Employee Assistance Plan with counseling sessions
• Wellness rewards program
• Child and elder care services
• Second opinion program through Teladoc Medical Experts