European Financial Leadership Program
Financial (Europe) Leadership Program Duration (3 years)
3 Rotations (12 months each)
The first rotation is assigned by the program.
For the second and third years, participants can choose from about 20 rotations across different countries in Europe.
The goals of the EFLP are to broaden associates’ finance and accounting skills, establish a network of professional contacts and help to gain in-depth knowledge about UTC’s products and processes. Associates receive personal guidance from top financial leaders, managers and EFLP alumni. Upon graduation EFLP associates assume roles within UTC businesses in Europe.
To enhance the EFLP experience and develop business acumen, every year for the three years, associates attend a training conference as well as a networking event with UTC finance executives. In addition, UTC sponsors financial training and exams with organizations such as the Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA) for EFLP associates who desire to follow these training schemes.
Assignments and program rotations
During the three-year period, associates work at three different UTC companies in Europe and in three different functions within finance. Rotation roles include:
Financial Planning & Analysis
Work in forecasting, planning and analysis disciplines. Learn UTC’s rigorous annual planning cycle, including preparation of periodic management presentations and reports.
Experience the requirements to meet UTC standards for accounting under both U.S. accounting standards and local accounting rules. Includes account analysis and reconciliation, journal entry preparation and approval, internal control reviews and interaction with both internal and external auditors.
Train in either Internal Audit or a business unit’s Controllers department to further exposure to the importance of financial controls. With Internal Audit: exposure to different business units, management and accounting systems, geographies and cultures. With Controllers: learn the challenges of the period-end and year-end close processes, ensuring that timetables met while upholding the strongest adherence to U.S. and local GAAP and UTC policies.
To apply for the EFLP, send your resume and a cover letter in English to Giorgio Fantini, United Technologies Research Center, at [email protected].