Purpose of the role The FP&A; Specialist
- Working Capital, Balance & Corporate Functions Business Partner will lead financial planning and performance management for working capital, inventory, cash and balance sheet topics while also acting as business partner for key corporate support functions. The role will connect operational decisions with cash and balance sheet impact, challenge assumptions and drive actions that improve cash generation. As part of a new organization, the role is expected to build robust processes, governance and analytical tools and proactively identify areas of financial risk or opportunity beyond the immediate perimeter. Accountabilities FP&A; challenges are related to:
• Build end-to-end visibility of inventory, working capital, cash and balance sheet drivers in a complex MRO environment.
• Translate operational decisions across fleets and repairs into cash and balance impacts and ensure these are embedded in planning and decision making.
• Drive disciplined inventory and working capital management in partnership with Supply Chain, Procurement and Operations.
• Provide robust financial control and planning for corporate support functions while maintaining focus on value for money and business priorities. Build processes and governance for balance sheet and cash management in a new organization and proactively identify gaps that need to be addressed. Accountabilities
• Working capital & cash:
• Own the working capital forecast and performance analysis, including inventory, receivables, payables and other relevant balance sheet drivers.
• Lead cash flow forecasting for the FP&A; perimeter and provide insight into the operational drivers of cash generation and consumption.




• Identify and track opportunities to improve cash conversion, working capital and liquidity.
• Inventory management:
• Own the financial view of inventory, including value, ageing, turnover, obsolescence / provisioning and key drivers of change.
• Partner with Supply Chain, Procurement and Operations to challenge inventory levels, slow-moving stock and working capital actions.
• Ensure inventory assumptions are appropriately reflected in budget, forecast and strategic plans.
• Balance sheet management:
• Lead balance sheet reviews, identifying material movements, risks, provisions and actions required across the business.
• Ensure key balance sheet assumptions and actions are incorporated into the overall FP&A; view.
• Corporate functions business partnering:
• Act as financial business partner for designated support functions such as HR, IT, Facilities and other corporate / overhead areas.
• Lead budget and forecast processes for these functions, challenge cost assumptions and support prioritization of initiatives and spend.
• Provide clear analysis of OPEX drivers and identify efficiency opportunities.
• Decision support:
• Provide financial assessment of initiatives with material inventory, cash, balance sheet or indirect cost impacts.
• Partner with fleet and repair business partners to ensure cash and balance implications are included in business decisions.




• Stakeholder engagement:
• Act as a trusted financial partner to Supply Chain, Procurement, Operations and corporate function leaders.
• Bring a strong ownership and challenge mindset, proactively identifying risks and opportunities and driving actions to completion.
• Key measures
• Working capital and cash forecast accuracy.
• Inventory reduction / optimization delivered.
• Improvement in DIO and cash conversion. Quality and timeliness of balance sheet reviews and actions.
• OPEX control and efficiency delivered in support functions.
• Proactive identification and closure of financial risks and opportunities. Education, skills and experience
• Bachelor's degree in finance, accounting, economics, engineering, business administration or related field. Master's degree is a plus.
• Relevant experience in FP&A;, controlling, working capital, inventory, financial control or balance sheet management.
• Strong understanding of financial statements, working capital and cash flow mechanics.
• Advanced Excel and strong financial modelling skills; SAP / ERP experience is desirable.
• Experience with Power BI or other analytical tools is desirable.
• Fluent written and spoken English. Experience
• Typically 5+ years of relevant experience in FP&A;, controlling, working capital, inventory, accounting advisory or financial management.
• Industrial / MRO / manufacturing experience is highly desirable
• Experience partnering with Supply Chain, Procurement or corporate functions is a plus.
• Audit / Big Four experience combined with FP&A; exposure is desirable. Work

Location:
La Muñoza (Madrid)

📌 Working Capital, Balance (Madrid)
🏢 IAG Engine Tech
📍 Madrid