Director , Financial Planning​/Analysis

Position: Director 2, Financial Planning/Analysis
Overview:

Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000+ employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation.

For more information about Draper, visit  Description

Summary:

The Director of Financial Planning and Analysis and Treasury is a strategic finance leader responsible for enterprise-wide financial planning, forecasting, liquidity management, and capital strategy. This role partners closely with executive and functional leadership to drive financial performance and optimize cash flow in a government accounting environment. This role will lead the development of Draper's financial plans, organizational budgeting, key metric forecasting, financial analysis and reporting.

Additionally, they will direct the corporate treasury function, focusing on the development and/or enhancement of corporate treasury management policies and procedures, liquidity management strategy, management of financial institution relationships, treasury information and technology management, and the formulation and/or enhancement of risk management policies. The director exercises judgment within broadly defined policies and practices in selecting methods, techniques and evaluation criteria for obtaining results.

Job Description:

Duties/Responsibilities Lead the annual operating plan (AOP), five-year integrated business plan (IBP) and rolling forecast processes.

Lead and develop a high performing team, establishing scalable processes and analytical rigor.

Interact closely with senior management and operational leaders to facilitate the financial planning mission and broaden the level of understanding of key financial metrics

Provide actionable insights on key drivers: labor utilization, indirect rates, liquidity concerns, and other business risks

Prepare executive-level reporting packages, including monthly business reviews, board materials, and dashboards.

Develop forward pricing rates; document, submit and justify incurred cost submissions

Oversee coordination of activities with Accounting during monthly closing cycles. Insure timely and accurate financial reporting related to operating results

Develop a robust capital budgeting, reporting and capital expenditures request process and establish or enhance all related policies and procedures

Manage corporate treasury function including cash management; receipt, disbursement and protection of cash; manage the investment of surplus cash within investment policy guidelines

Develop and maintain productive relationships with BOA and other financial institutions; insure the Lab utilizes cost efficient banking operating products and services

Oversee the management of daily corporate liquidity, establishment of daily cash position and execution of fund transfers

Monitor Draper’s investment portfolios (Corporate, RPE, RPSM); ensure compliance with company policies; analyze and report performance metrics

Analyze and anticipate Draper’s operating and capital needs to insure availability of funds when needed

Skills/Abilities Highly motivated and able to demonstrate maturity and composure while working in a fast paced environment.

Possess strong financial skills and a thorough understanding of analytics coupled with sound business judgment

Knowledge of cash management, managing financial institution relationships and dealing with banking products, practices and services.

Extensive knowledge of financial analysis, forecasting, budgeting and planning experience (including financial modeling experience).Outstanding oral, written and presentation skills.

Able to quickly develop an understanding of the organization’s operational characteristics, business drivers and culture.

Able to establish and build relationships across the organization.

Proficiency with Excel required;
People Soft ERP…