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Shaun Murdoch is a seasoned finance professional with extensive experience in pricing analysis, financial analysis, financial accounting, and project finance. He has worked with top companies such as Raytheon UK, Spirit Aerosystem (Europe), and Lockheed Martin UK, and has a Master's degree in International Accounting & Finance from the University of Stirling.

Experience

  • Raytheon UK
    • Glenrothes, Scotland, United Kingdom
    • Senior Pricing Analyst
      • Jul 2023 - Present
      • Glenrothes, Scotland, United Kingdom

  • Spirit Aerosystem (Europe)
    • Prestwick, South Ayrshire, United Kingdom
    • Project Finance/Business Analyst
      • Mar 2015 - Jul 2023
      • Prestwick, South Ayrshire, United Kingdom

      Complete all projects and deliverable within our A320 program.➢ Ensure complete governance of all business case process within Prestwick with regards to estimates and back –up support for SLC and ELT reviews.➢ Ensure the overall integrity of the financial reporting of the projects performance➢ Review all Labour & overhead performance against budget/forecast and ensure complete variance analysis is undertaken➢ Supply chain performance to budget/forecast and ensure complete variance analysis is undertaken➢ Able to present the financial performance of the programme to both finance and non-finance audiences up to and including SLC review level.➢ Responsible for the month-end being closed and the Project Accounts being fully reconciled giving an accurate and fair view of the Project’s Financial position.➢ Undertake Contract Status Report and all associated reporting for review by the Finance Manager and ultimately SLC.➢ Support decision making processes and to challenge performance of contacts where necessary by analysing key issues and trends, risks and opportunities.➢ Complete Estimate at Complete (EAC) process through the development and maintenance of accurate and robust life of contact models.➢ Understanding Block Accounting and ACS 606 revenues recognition along with the impact this process has on profitability reporting and potential cumulative-catches.➢ Full review of classifications of inventory and how long-term/block accounting can impact different inventory classifications.➢ Support quarterly stock-count activity by ensuring counts are undertaken diligently and accurately.➢ Liaise with all external parties (Auditors, Customers) as required.

    • Multi-functional financial analyst
      • Dec 2011 - Mar 2015
      • Farnborough

      Worked in a PMO role in four programs for the MoD customer covering all aspects of program financeComplete all Pricing and Business Case support for all areas of IS&GS business units➢ Ensuring all Pricing governance and back-up support was presented to US governance team.➢ Present all pricing presentation to senior management for decision making process, this included understanding and reviewing risks to explain impact.➢ Support decision making processes and to challenge performance of contacts where necessary by analysing key issues and trends, risks and opportunities.➢ Review all Labour & overhead performance against budget/forecast and ensure complete variance analysis is undertaken➢ Responsible for the month-end being closed and the Project Accounts being fully reconciled giving an accurate and fair view of the Project’s Financial position. Completed for 5 of the top 10 programs that Lockheed have to date.➢ Complete Estimate at Complete (EAC) process through the development and maintenance of accurate and models.➢ Undertake CSR with US accounting team on all programs and review these in detail.➢ Liaise with the UK MoD for all program and CAAS rate related activity➢ Work with both external and internal auditors for all SOX control requirements.

    • Treasurer
      • Apr 2009 - Dec 2011

      This has allowed me to combine my two main passions, accounting and tennis. My main tasks in this voluntary position tasks include preparation of Income and Expenditure statements, bookkeeping, preparation of budgets, recording purchase ledgers, producing monthly bank reconciliation statements and producing the year end financial statements. Consequently, I now am able to deal with invoices, subscription payments and monthly bank statements which are provide at the club meetings. Key Achievements:Changing the mind set of the club by making sure it is financially viable and is able to pay off loans for tennis courts. Used my organisational skills to provide a more structured system within the club financial records.Initiate and set up Internet Banking for club in order to complete transaction on-line. Resulting in a more environmental friendly clubAlso can provide clear financial forecasting so the club can provide members with important activities.

    • Treasurer
      • Jan 2006 - Jan 2007

      This allowed me to expand my horizons with regards to producing budgets and forecasts in order to meet the organisations spending needs as well as giving the club opportunity for funding. I also produced financial statements for the club meetings along with reports to explain to the financial planning for the year. Also collecting in affiliation fees form clubs so was important to meet deadlines. Liaising with Tennis Scotland with regards district budgets and doing variance reporting to explain why there were changes in planned expenditure. Finally, I was required to produce the final year accounts and meeting with auditors both local and Tennis Scotland to analyse organisations performance. Key Achievements:Learned to analyse variances in actual results and budgeted results and be able to explain these to both clubs and Tennis ScotlandLearned to work both individually and as part of a team in order to achieve our objectives.Allowed me to grow passionate about the accounting world.Allowed greater understanding with regards work of auditors and accountants when it comes to the final year accounts.Completion of all work/duties that was required to a high standard and accurately

Education

  • 2005 - 2009
    The University of Stirling
    Bachelor's degree, Accounting
  • 1999 - 2005
    Belmont Academy
    Accounting and Finance

Suggested Services

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Industry Focus. “Defense and Space Manufacturing”

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