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FP&A Specialist - Repair Business Partner

IAG Engine Tech · Madrid, Community of Madrid, Spain

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Purpose of the roleThe FP&A Specialist - Repair Business Partner will act as the financial co-pilot for the engine parts repair activity, ensuring robust performance management, planning and decision support for a business with distinct economics from engine shop visits. The role will build the financial management framework for the repair business, partnering with Operations, Engineering, Supply Chain and Commercial / Bidding to optimize profitability, productivity, capacity and working capital. The role requires a proactive and entrepreneurial mindset to identify gaps, establish processes and build the capability as the business grows.AccountabilitiesRepair performance management:Own the P&L and performance analysis for the repair business, providing transparent visibility of revenue, cost, margin and key operational drivers.Lead monthly performance reviews, explaining variances and defining corrective actions with operational leadership.Planning & forecasting:Lead the budget, forecast and strategic planning processes for the repair business.Develop robust models for workload, capacity, productivity, material cost, external repairs and labour requirements.Repair economics:Analyze profitability by repair type, customer / programme and relevant operational dimensions.Identify cost and productivity drivers and challenge assumptions to improve repair economics.Provide financial inputs to Bidding for repair-related tenders and offers in line with the agreed operating model.Business cases & growth:Support business cases related to new repair capabilities, equipment, tooling, workforce, suppliers and customer opportunities.Assess financial returns, sensitivities, capacity implications and cash requirements of growth initiatives.Working capital interface:Work with the WC, Balance & Corporate Functions BP to understand inventory and cash implications of repair activity and identify opportunities for improvement.Education, skills and experienceBachelor's degree in finance, economics, engineering, business administration or related field. Master's degree is a plus.Fluent written and spoken English.Experience5+ years of relevant experience in FP&A, controlling, industrial finance, product finance or business partnering.Experience in a MRO Aerspace, manufactring or repair environment is a plus.Experience in supply chain, repairs desirable but not essential.Work Location: La Muñoza (Madrid)