Finance & Business Operations Manager
Job Reference:
LM People Job Code/Title:
Location:
Programme / Functional Group:
SS11506
L4086I / Mult Func Finance Sr Mgr
HMNB Clyde
Strategic Systems - Multiple
Description of Business Environment:
Lockheed Martin UK – Strategic Systems (LMUK SS) is the single contractor providing
specialist Waterfront In-Service Support to the Royal Navy's Trident Strategic Weapon
System (SWS). The company plays a supporting role in the operational readiness
of the nation's nuclear deterrent on board the Vanguard class Trident Submarines and
provides the Ministry of Defence (MoD) with safe, efficient and responsive support, while
meeting programme and cost targets.
LMUK SS, as part of the ABL Alliance with AWE and Babcock, are now responsible for
the management of operations at the Royal Naval Armaments Depot Coulport
(RNAD(C)). The MOD retains ownership and control of the site.
The Finance and Business Operations Manager is a key member of the management
team. The department is in a fast moving environment, providing infrastructure,
information and support, enabling the wider business to function and achieve its goals.
Standard Job Description:
Through the tenets of full spectrum leadership this position will manage multiple financial
activities within various finance job functions. Manages the compilation and review of
budgets using actual performance against forecasted budgets, estimated revenue,
expense reports, and other data sources to control funds and provide for proper financial
administration. In addition has overall responsibility for all estimating functions required
to develop, submit and negotiate contracts both with the MOD and other entities.
Responsible for co-ordinating subordinate employee recruitment, selection and training,
performance assessment, work assignments, salary, and recognition/disciplinary
actions.
Co-ordinates multiple financial cost analyses functions, including cost allocation, setting
up cost control systems, collecting data, controlling costs and preparing reports that
maintain the company's cost accounting system. Ensures that costs are allocated
according to established procedures. Directs the analysis of financial information and
preparation of financial reports, to include Orders, Sales, EBIT and Cash for all
LMUKSS. Oversees the control of accounts and records in such areas as
disbursements, expenses, tax payments, and income.
Specific Job Description:
Manages a variety of activities in more than one functional area of Finance, such as cost
accounting, tax accounting, general accounting, financial analyses and reporting, and/or
budgeting. Manages a variety of Business Operations functions, such as Programme
Planning, Contract and Commercial activities, Proposal production and other business
support activities. Responsible for coordinating subordinate employee recruitment,
selection and training, performance assessment, work assignments, salary, and
recognition/disciplinary actions.
Oversees teams responsible for:
 EAC analysis and accounting (monthly and quarterly forecasts, annual budgets)
 Responsibility for ensuring CPS’s and SOX processes are complied with
 Development of SAP reports to assist with monthly reporting and forecasting
 Liaison with internal & external auditors and / or parent company when necessary
 Cashflow reporting (incl credit control and cash flow forecasting) and governance
 Payroll co-ordination
 Export Control
 Security
 Communications
 Facilities Management and the Management of all Leases
 Has responsibility for Single Planning Cell Management and programme planning.
 Co-ordinates all Programme & Performance Management (PPM) and Business
Dashboard submissions.
 Responsible for contract management including contract progress reporting and the
interface with CAAS.
 Commercial Experience in purchasing, supplier management and the Management
of all aspects of the Bid/RFQ processes.
Required Skills:
Experience in the following areas:
 Overhead and rate Management
 Cash and EBIT Management
 Statutory accounting
 Accounting for long term contracts
 UK / US GAAP
 Spreadsheet modelling
 Diverse background with an understanding of business controls, overhead rates &
financial planning
 People management skills
Desired Skills:
 Professional Accounting qualification in finance or, alternatively, an MBA or degree
accreditation
Standard Job Description:
 Manages one or more multiple financial activities within various finance job functions.
Responsible for coordinating subordinate employee recruitment, selection and
training, performance assessment, work assignments, salary, and
recognition/disciplinary actions.
 Oversees the compilation and review of budgets using actual performance, previous
budget figures, estimated revenue, expense reports, and other data sources to
control funds and provide for proper financial administration.
 Coordinates multiple financial cost analyses functions, including cost allocation,
setting up cost control systems, collecting data, controlling costs and preparing
reports that maintain the company's cost accounting system.
 Ensures that costs are allocated according to established procedures.
 Directs the analysis of financial information and preparation of financial reports.
Oversees the control of accounts and records in such areas as disbursements,
expenses, tax payments, and income.
Typical Minimum Education & Experience:
Ideally require Bachelors degree from an accredited college and capability typically
achieved through extensive professional experience. Will also consider individuals with
equivalent experience / combined education.
Considered the most senior authority in the discipline.