Textron Financial Leadership Program (FLP)
The Textron Financial Leadership Program (FLP) is a highly selective, two-year rotational program designed to develop future finance leaders within Textron, a multi-industry company with brands like Bell Helicopter, Cessna, Beechcraft, and Lycoming. The FLP offers recent college graduates a unique opportunity to gain diverse experiences across various business units and functions, accelerating their professional growth and providing a solid foundation for a successful career in finance.
Program Structure and Rotations
The program typically consists of four six-month rotations. These rotations are carefully selected to expose participants to a broad range of financial disciplines, including:
- Financial Planning & Analysis (FP&A): In this rotation, FLPs contribute to the budgeting, forecasting, and performance analysis processes. They learn how to analyze financial data, identify trends, and provide insights to support strategic decision-making.
- Accounting: This rotation provides a foundation in core accounting principles, financial reporting, and internal controls. FLPs may be involved in preparing journal entries, reconciling accounts, and assisting with month-end closing procedures.
- Internal Audit: This rotation offers exposure to risk management and internal control assessment. FLPs participate in audits of various business processes, evaluating the effectiveness of internal controls and identifying opportunities for improvement.
- Corporate Finance/Treasury: In this rotation, FLPs may work on projects related to capital budgeting, investment analysis, cash management, and financing activities. They gain insights into the financial strategies and decisions that drive Textron’s overall performance.
Rotation assignments are typically determined based on the participant’s interests, skills, and business needs. Participants often have the opportunity to express their preferences, contributing to a personalized development plan.
Key Benefits and Development Opportunities
The Textron FLP provides numerous benefits, including:
- Diverse Experience: Exposure to different business units and financial functions provides a comprehensive understanding of Textron’s operations and financial landscape.
- Accelerated Career Development: The structured rotations, mentoring, and training opportunities accelerate career progression.
- Leadership Development: The program incorporates leadership training and development activities to cultivate essential leadership skills.
- Networking Opportunities: FLPs build a strong network of contacts across Textron, fostering collaboration and knowledge sharing.
- Mentorship: Each participant is assigned a senior finance leader who provides guidance, support, and mentorship throughout the program.
- Competitive Compensation and Benefits: Textron offers a competitive salary and benefits package to FLP participants.
Ideal Candidate Profile
Textron seeks highly motivated and talented individuals with a strong academic background in finance, accounting, or a related field. Key attributes of successful FLP candidates include:
- Strong Analytical Skills: Ability to analyze financial data, identify trends, and draw meaningful conclusions.
- Excellent Communication Skills: Ability to communicate effectively both verbally and in writing.
- Leadership Potential: Demonstrated leadership abilities and a desire to take on increasing responsibility.
- Teamwork Skills: Ability to work effectively in a team environment and build strong relationships.
- Problem-Solving Skills: Ability to identify and solve complex problems.
- Adaptability and Flexibility: Ability to adapt to new environments and challenges.
The Textron Financial Leadership Program is a demanding but rewarding program that offers exceptional opportunities for career growth and development. Graduates of the program are well-positioned to assume leadership roles within Textron and contribute to the company’s continued success.