Ontic, a leading licensor and manufacturer of complex engineered parts for the global aerospace and defence industries, is seeking an FP&A Analyst to join the team on a temporary basis until the end of July 2026. This role will support increased workload and contribute to the audit of financial statements.
Ontic is a success story in the world of aerospace & defence. Founded around 50 years ago, Ontic was spun out of BBA into the ownership of CVC in 2019 since when it has thrived as a stand-alone business. Ontic has a unique business model – we licence complex components that other companies no longer wish to make and guarantee their supply through the long remaining life of the aircraft fleets we serve. We operate across many, even most, military and civil platforms with over 6,000 different parts.
Job Purpose:
Responsible for the control and reporting of SG&A cost across the Cleeve Ontic site, and ownership of Capex progress reporting and control. To ensure the integrity and reliability of monthly financial outputs relating to SG&A. Demonstrated by way of timely, accurate and informative month end information which can help senior management and the wider business to understand key performance drivers.
Main responsibilities:
- Ownership of SG&A accounting and reporting for the Site, contributing to monthly management accounts. Working with Heads of Departments to ensure spend accurately reported and within Budget.
- Business Partnering with relevant operational heads to properly understand cost drivers, and challenge and support as necessary. Maintain integrity of SG&A cost centres. Develop reporting tools as required.
- Support the month end close process, with responsibility for SG&A P&L, Prepayments, Accruals and elements of Intercompany. Seek efficiency in process, and look to improve accuracy and automation of SG&A reporting..
- Supporting the company’s annual audit process by maintaining accurate and detailed audit trails and supporting audit queries.
- In month review of trend, and proactive resolution of miscodes or balances to investigate through the month with proper Interrogation of issues and errors.
- Maintenance of accruals against relevant support and maintaining continuing review to ensure their accuracy.
- Balance Sheet reconciliations of nominals responsible for.
- Conduct Overhead Reviews with relevant Business Partners.
- Track Capex spend to Budget, both generally and against significant specific projects, and support the business with appropriate reporting.
- Posting and reconciling items that relate to revenue, cost of sales and royalties, including both P&L and B/S nominals
- Support the organisations budgeting and forecasting process, including but not limited to data gathering and analysis to feed into site and group reporting.
- Contribution to the management report pack by working day 5, including a full analysis of financial information, detailing variance to budgets, forecasts, and prior year.
- Ensure that appropriate internal and external controls and financial accounting standards are adhered to in the preparation and completion of month end journals and reports to safeguard business assets.
Knowledge, Skills & Experience:
- Qualified Accountant (ACCA / CIMA).
- Strong System capability and Advanced Excel Skills (lookups, pivots etc.).
- Ability to communicate confidently at all levels and be able to explain financial information to both financial and non-financial audiences.
- Able to establish and develop business relationships across all functions.
- Able to embrace and actively support change in a rapidly progressive organisation.
- Aptitude to work effectively under pressure and prioritise own workload to meet deadlines.
- Demonstrates the ability to work within the broader business context, but also provides the practical application to “Get the job done”.
This is an exciting new role created through expansion of Ontic; an opportunity to join a site right at the start of its journey, supported by best practices, systems and knowledge from existing sites.
A fantastic opportunity to work for a Private Equity backed business with a strong leadership team driving growth globally. You will be able to progress your career by working closely with a group of highly experienced and talented stakeholders and build your reputation working in one of the success stories of the aerospace sector and alongside a leading name in Private Equity.
Benefits
At Ontic we care about your financial, physical, and mental wellness so we offer a range of benefits to support this, we care about what matters to you and have a valued culture of recognition and empowerment, accompanied by benefits that support work/life balance.
Our benefits package highlights include:
Up to 29 days leave plus bank holidays
10 hours paid volunteering time
Annual goal share bonus scheme for all employees
24/7 Employee Assistance Program (EAP)
Discounts and offers from a range of retailers
Best place to work
We are more than the sum of our parts. And we’ve been recognised internally and externally for being so:
We were ranked 9 in Best Companies’ Q3 leaderboard for Best Manufacturing Company based on our employee feedback
72.5 of employees who took part in our 2023 employee satisfaction survey said they are proud to work at Ontic
No day is the same at Ontic; we have doubled in size over the last couple of years and are still in rapid growth. We attribute our success to empowering colleagues to create the opportunity, fostering an environment of autonomy where we ask for forgiveness, not permission.
Our values
Our values are intrinsic to everything we do:
We share a common sense - we’re a global family of specialists with a shared passion for precision.
We have the freedom to choose - we’re challengers and innovators with the freedom to think differently and challenge the status quo.
We create the opportunity - we’re change-makers with a clear direction and can-do spirit.
We are a fast-paced business with ambitious growth plans; so if you are dedicated, enthusiastic and always seeking ways to improve, youll enjoy a career with us!
