Financial Analyst – Program Finance

Overview

The Financial Analyst is responsible for analyzing and reporting on engineering programs from bid and proposal through contract close-out including budgeting and forecasting. This involves developing and maintaining cost templates, tracking labor, analyzing variances, and process improvements. The ideal candidate is detail-oriented, possesses strong analytical skills, and has a solid understanding of project accounting.

• Support Bid and Proposal / Internal Costing efforts:
• Work with engineering and program management to develop cost estimates for internally and externally funded projects utilizing standard templates and current rates and factors to roll up costs.
• Review RFP (Request for Proposal) and ensure response adequately meets all financial requirements.

• Financial Analysis & Reporting:
• Prepare, maintain and report monthly cost plus/fixed price contracts and generate monthly billing. Review monthly ETC’s to book revenue accruals/ cost to complete.
• Prepare and distribute monthly engineering financial reports (program P&Ls, revenue and expense summaries, scorecards) with commentary on variances.
• Analyze trends and forecasts for Engineering programs and expenses.
• Collect and review costs with program managers on internally and externally funded programs.
• Work with Program Managers to update Estimate to Complete (ETC) spreadsheets.
• Provide financial input for monthly Program Management Reviews (PMRs) as requested.

• Budgeting & Forecasting:
• Assist in the preparation of departmental and project budgets.
• Monitor expenditures and compare them to budget to identify and report on variances.
• Participate in the forecasting process, providing cost data and analysis to support future financial projections.

• Collaboration & Communication:
• Collaborate with various departments, including engineering, program management, supply chain, and contracts, to gather data and provide financial insights.
• Support cross-functional teams on special projects related to cost management and profitability.

• Compliance & Audits:
• Monitor engineering timesheet submittal/approval and coordinate corrections if necessary.
• Assist/approve engineering purchase requisitions.
• Provide support for external/government audits.

• EDUCATION AND/OR PROFESSIONAL LICENSE(S): B.S. Degree in Business Management, Finance, Accounting or equivalent experience.
• EXPERIENCE:
• Proven experience in Project Accounting and Financial Analysis or a closely related financial discipline. Direct experience working within a Government Contracting environment is highly valued. SAP or other major ERP systems is a plus.
• KNOWLEDGE, SKILLS AND ABILITIES:
• Self-starter ability to streamline functions and passion to learn and grow.
• Must be able to prioritize, multitask as well as work independently.
• Must be able to maintain quality of work and at the same time meet multiple deadlines as required.
• A team player, must be able to work with people within and outside of the finance department.
• Works independently, with minimal supervision required.
• Strong interpersonal skills as well as excellent communication and presentation skills.
• Report on financial performance and prepare for regular leadership reviews.
• Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements.
• Strong analytical and data gathering skills with attention to details.
• Proficient with advanced knowledge of Excel formulas and functions.
• Proficiency in financial software and ERP systems (e.g., SAP, Oracle, Net Suite).
• Ability to work independently and collaboratively in a fast-paced environment.
• Comfortable working with tight deadlines and quick turn arounds that require flexibility during period end close and urgent price proposals.

N/A

Position requires contact with all levels of the organization. Specific interactions will be with the Value Stream leadership, Operations, Engineers and Program Management as well as enterprise level Business Controllers, General/Staff Accountants, Contracts and other value stream financial business analyst or Operations Controller. Position also requires contact with outside government and CPA auditors.

Employee is occasionally required to stand; walk; sit; manual dexterity to handle, or feel objects, tools, or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch, or crawl; talk or hear; and taste or smell. The employee may lift and/or move up to 50 lbs. Specific vision abilities required by the job may include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

The individual must have a high level of comprehension, and a high level of general, verbal, written, and numerical intelligence.

Works majority of the day in a climate-controlled environment, with the exception of or otherwise specified, performing work in the warehouse or manufacturing areas which are…