Government Finance Business Partner Submarines

Job Description

Job Title: Government Finance Business Partner - Submarines

Working location: Wilmore House Derby

Grade: Level C

An exciting opportunity has arisen to join our Government Compliance Team whose goal is to ensure that Rolls-Royce optimises returns on Government business within the laid down conventions and regulations. The Compliance team brings together the Single Source Contract Regulations (SSCR) team and the Government Finance (GF) team to provide specialist financial advice to the business units to enable compliance and the pricing of Government contracts in line with the relevant legal and statutory regulations.

The Government Finance Business Partner reports directly to the Head of Government Finance and Compliance based within the Submarines business but also supporting wider Rolls-Royce; understanding and justifying costs incurred across all divisions. The role will involve occasional travel to visit MOD and other sites such as Bristol.

Why Rolls-Royce

Rolls-Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design build and service systems that provide critical power to customers where safety and reliability are paramount.

We are proud to be a force for progress powering protecting and connecting people everywhere.

We want to ensure that the excellence and ingenuity that has shaped our history continues into our future and we need people like you to come and join us on this journey.

Well provide an environment of caring and belonging where you can be yourself. An inclusive innovative culture that invests in you gives you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.

What we offer:

We offer excellent development opportunities a competitive salary and exceptional benefits. These include bonus employee support assistance and employee discounts.

Your needs are as unique as you are. Hybrid working is a way in which our people can balance their time between the office home or another remote location. Its a locally managed and flexed informal discretionary arrangement. As a minimum were all expected to attend the workplace for collaboration and other specific reasons on average three days per week.

What you will be doing:

• Preparation review and submission of annual Government Finance deliverables in line with statutory deadlines for each of the Central units on a UK MOD and US DOD basis i.e. Actual & Forecast Reporting.
• Working with the Central finance teams and Tax maintain fit for purpose allocation models generating Government pricing solutions.
• Be the interface for Central claims with MOD Cost Assurance and Analysis Service (CAAS) responding appropriately to dynamic audit queries and engage with the MOD Single Source Pricing Service (SSPS) claim agreement process.
• Supply appropriate submissions to Defence US (RR Corp) for recovery of UK cost base in US DOD pricing in line with published timescales.
• Develop knowledge of the Tax cross-border transfer pricing process to ensure consistency with Government pricing.
• Support the preparation of annual strategic level disclosures such as the Business Update and Accounting Changes Letter the Strategic Industrial Capacity Report and the IFRS8 disclosure.
• Maintain and submit the MOD Questionnaire on Methods of Allocation of Cost (QMAC) for Central Businesses.
• Prepare review and submit Single Source Regulations Office (SSRO) Supplier reports as appropriate. Implement the tasks required to meet SSCR requirements for Central Business.
• Work collaboratively with the Finance Business Partners supporting Defence Aerospace Submarines Technical leads SSCR Business Partners and the US Government Finance team.
• Undertake ad hoc exercises as determined by the Head of Government Compliance.

Who were looking for:

At Rolls-Royce we put safety first do the right thing keep it simple and make a difference. These principles form the behaviours that guide us and are an essential component of our assessment process. They are the fundamental qualities that we seek for all roles.

• Qualified Accountant with demonstrated breadth and relevant experience in Financial and Cost Accounting and Government Finance experience.
• Able to work effectively across different teams develop relationships and influence people to drive outcome.
• Demonstrate an ability to communicate complex messages in a clear and concise manner to senior management.
• Communicate views discuss options and negotiate satisfactory agreements with seniors and the MOD.
• Communicate effectively with representatives of outside bodies such as auditors from UK MOD US DOD PwC and the Single Source Regulation Office.

• Ability to prioritise and work under minimal supervision and ability to work as an integrated team member using initiative and original thought.

• Experienced user of key finance systems including SAP Oracle HFM/VBM. Strong Excel Word and PowerPoint skills.

• Demonstrate experience and knowledge of UK and US conventions in addition to Government commercial or business issues.

We are an equal opportunities employer. Were committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives which are crucial to innovation and problem solving. We believe the more diverse perspectives we have the more successful well be. By building a culture of caring and belonging we give everyone who works here the opportunity to realise their full potential.

You can learn more about our global Inclusion strategy at Our people Rolls-Royce

To work for the Rolls-Royce Submarines business an individual has to hold a Security Check clearance. Rolls-Royce will support the application for Security Clearance if you do not currently already have this in place.

Due to the nature of work the business conducts and the protection of certain assets we can only progress applications from individualswho are a UK national or in MoD approved cases a dual national.

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