Senior Program Finance Analyst

Lockheed Martin Australia Pty Ltd; Adelaide; On-site; AUD 120,000 - 150,000; Full time

Benefits offered by this job

Discount shopping scheme

Veteran Friendly Workplace

Equal Employment Opportunity

Job summary

Lockheed Martin Australia Pty Ltd in Australia is seeking a Senior Program Finance Analyst to support program delivery through end-to-end project accounting for both R&D and customer-funded programs.

You will deliver accurate internal and customer reporting, robust analysis and maintain effective control of program financial performance throughout the contract lifecycle, aligning with organisational financial rhythms and controls.

Qualifications

• Significant experience in program/project finance, management accounting, or commercial finance environments.
• CA or CPA qualified, or currently undertaking professional accounting studies.
• Strong attention to detail with the ability to identify trends, patterns, and financial variances.
• Ability to manage multiple competing priorities and deliver accurate outcomes within agreed timeframes.
• Proven ability to adapt to changing business needs while maintaining a flexible and proactive approach.
• Ability to work independently while contributing effectively within a collaborative team environment.
• Strong analytical and problem-solving skills, with the ability to investigate issues, identify root causes, and support effective corrective actions.
• Advanced Microsoft Excel skills, with the ability to develop efficient and repeatable reporting tools to support Project Managers and the Finance team.

Responsibilities

• Deliver timely and accurate financial reporting, including analysis of cost allocations, actuals, forecasts, and variances.
• Review program cost allocations and ensure compliance with established procedures.
• Support the preparation of budgets, forecasts, and associated assumptions through engagement with key stakeholders.
• Provide clear analysis, explanations, and recommended corrective actions for financial and reporting variances.
• Manage and reconcile OSEC reporting (Orders, Sales, EBIT and Cash), including booking orders and backlog reconciliation.
• Support customer invoicing preparation, debtor management, and cash flow tracking.
• Maintain accurate, audit-ready records and ensure compliance with financial controls, contract requirements, accounting standards, internal policies and procedures and Defence cost principles.
• Prepare monthly, quarterly, and annual financial reporting as required.
• Forecast and track ROS% performance, including the assessment and incorporation of adjustments.
• Review pricing proposals and estimates, ensuring appropriate financial assumptions and methodologies are applied.
• Apply an understanding of Defence Cost Principles and CASG Profit Principles.
• Liaise with relevant stakeholders on finance matters and contribute to the development of solutions for moderately complex issues.

Skills

End-to-end project accounting

Financial reporting

Variance analysis

Stakeholder engagement

Advanced Excel

Education

CA or CPA designation

Accounting studies underway

Tools

Microsoft Excel

Job description

Competitive salary + discount shopping scheme

Eligibility:

Applicants must be Australian citizens and be eligible to obtain and maintain an active Australian Government Defence security clearance at the level required for the position.

As a Senior Program Finance Analyst, you will support program delivery by executing end-to-end project accounting for both R&D and customer-funded programs. You will deliver accurate internal and customer reporting, robust analysis and maintain effective control of program financial performance throughout the contract lifecycle, aligning with organisational financial rhythms and controls.

This role is ideally suited to a candidate with project accounting experience within Defence, engineering or government contracting sectors.

Key responsibilities include:

Deliver timely and accurate financial reporting, including analysis of cost allocations, actuals, forecasts, and variances.

Review program cost allocations and ensure compliance with established procedures.

Support the preparation of budgets, forecasts, and associated assumptions through engagement with key stakeholders.

Provide clear analysis, explanations, and recommended corrective actions for financial and reporting variances.

Manage and reconcile OSEC reporting (Orders, Sales, EBIT and Cash), including booking orders and backlog reconciliation.

Support customer invoicing preparation, debtor management, and cash flow tracking.

Maintain accurate, audit-ready records and ensure compliance with financial controls, contract requirements, accounting standards, internal policies and procedures and Defence cost principles.

Prepare monthly, quarterly, and annual financial reporting as required.

Forecast and track ROS% performance, including the assessment and incorporation of adjustments.

Review pricing proposals and estimates, ensuring appropriate financial assumptions and methodologies are applied.

Apply an understanding of Defence Cost Principles and CASG Profit Principles.

Liaise with relevant stakeholders on finance matters and contribute to the development of solutions for moderately complex issues.

What you'll bring:

Significant experience in program/project finance, management accounting, or commercial finance environments.

CA or CPA qualified, or currently undertaking professional accounting studies.

Strong attention to detail with the ability to identify trends, patterns, and financial variances.

Ability to manage multiple competing priorities and deliver accurate outcomes within agreed timeframes.

Proven ability to adapt to changing business needs while maintaining a flexible and proactive approach.

Ability to work independently while contributing effectively within a collaborative team environment.

Strong analytical and problem-solving skills, with the ability to investigate issues, identify root causes, and support effective corrective actions.

Advanced Microsoft Excel skills, with the ability to develop efficient and repeatable reporting tools to support Project Managers and the Finance team.

About Lockheed Martin:

Lockheed Martin is a dynamic organisation, providing stimulating and challenging opportunities with a global team of over 122,000 professionals. We embrace flexibility, so our people can be their best inside and outside of work. As a leader in national security, our innovative and diverse programs create a more secure future for Australia across space, air, land, sea, and cyber domains.

Special Requirements:

Applicants must be eligible to obtain and maintain an Australian Defence Security Clearance and employment may be contingent on the provision of further personal information including citizenship to ensure compliance with international export control legislation and regulations.

Veteran Friendly Workplace:

Veterans are encouraged to apply. We highly value the unique skills and experiences that veterans and transitioning service members can contribute to our team. We are proud to be recognised as a Veteran Friendly Employer by the Australian Government.

Equal Opportunity:

Lockheed Martin Australia supports Equal Employment Opportunity and values diversity in the workplace by creating a place of employment that is, free of unlawful discrimination and is harassment free, fair, ethical, inclusive, and values the contribution of all its employees. By leveraging our employees’ unique talents and experiences, we will deliver innovative, affordable solutions and unparalleled customer value.

As part of our endeavours to increase participation of Indigenous Australians, we welcome applications from all people, including Aboriginal and Torres Strait Islander people.

We are committed to creating a workplace where everyone can thrive. If you are selected for this role, we would be happy to discuss any adjustments that will help you to be successful.

Our collective strengths make a difference in the lives of one another, our customers, our community and our planet. We are at the forefront of helping to solve the world's most complex defence and security problems.

Lockheed Martin's diverse programs form a critical backbone of Australia's current and future defence capabilities including Next Generation Pilot Training, Combat Systems Integration, Rotary Wing Systems and Sustainment, 5th Generation Air Combat Capability and Surveillance across air, sea, land and space.

Our collective strengths make a difference in the lives of one another, our customers, our community and our planet. We are at the forefront of helping to solve the world's most complex defence and security problems.

Lockheed Martin's diverse programs form a critical backbone of Australia's current and future defence capabilities including Next Generation Pilot Training, Combat Systems Integration, Rotary Wing Systems and Sustainment, 5th Generation Air Combat Capability and Surveillance across air, sea, land and space.