Program Financial Analyst

CareerArc; Bedford; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading power systems company located in Nova Scotia is seeking a Program Finance Analyst. This role involves analyzing financial positions, supporting program management, and producing financial reports. Candidates should have at least 5 years of program finance experience, a degree in a related field, and proficiency with ERP systems and Excel. The position offers a motivating team environment and industry-leading benefits.

Benefits

Health, dental, and vision coverage

Competitive compensation

Registered Retirement Savings Plan with company matching

Maternity and Parental leave top-up

Vacation and additional paid days off

Qualifications

• Minimum 5 years experience in program finance.
• Understanding of accounting principles and Cost Accounting Standards.
• Proficient with Microsoft Excel and ERP systems.

Responsibilities

• Analyze, plan, and verify the company's financial position.
• Produce variance analysis and revenue/profit forecasting.
• Support negotiations with government and contractors.

Skills

Financial analysis

Advanced Excel skills

ERP systems (Costpoint)

Analytical skills

Interpersonal communication

Team collaboration

Education

Bachelor's degree in Business, Finance, Accounting or related field

Tools

Microsoft Excel

Costpoint

Job description

DRS Pivotal Power, Inc. is located in Bedford, Nova Scotia. DRS Pivotal Power is a leader in the design, development and manufacture of high reliability power conversion equipment for mission critical applications supporting all branches of the military in Canada, the US and many countries abroad. All products are designed and manufactured in house by our growing team of over 100 employees. DRS Pivotal Power is part of the Leonardo DRS Naval Electronics group and has currently over 30,000 fielded units boasting a field reliability of over 99%.

Job Summary

Reporting to the Senior Manager, Program Finance the Program Finance Analyst will analyze, plan and understand the company's financial position, support baseline planning and actual cost verification as well as prepare estimate at completion (EAC). This role is responsible to produce variance analysis, manpower projections, revenue and profit forecasting. They will provide general support to the Program Manager and Program Team with business and financial analysis and produce financial reports for site management. This role reports in-office, and could be based at either our Bedford, NS or Kanata, ON locations.

As Program Finance Analyst, your main responsibilities will include (but are not limited to) :

• Provide support of the Financial & Program Analysis management functions to the department
• Process and help prepare program bookings, revenue, operating profit, investment and cash flow data
• Understand how job costs are collected and billed on all contract types
• Establish, develop and maintain effective business relationships with internal and external customers
• Support negotiations with the government, industry prime contractors and foreign customers
• Conduct difficult analytical studies, monitor trends and be able to accurately interpret the results
• Support of government compliance and audit activities
• Program Finance functions including forecasting, Basis of Estimate (BOE) preparation, risk and opportunity management, cash management / working capital, budget preparation, variance analysis, Estimation at Completion (EAC), Basis of Estimate preparation, Earned Value Management Systems (EVMS), contractual reporting, return on investment, audit preparation and program review preparation
• Manage internal and external financial reporting, analysis of results and associated impact to programs and LOB

What you require to be successful in the role :

Understand advanced financial analysis principles and have financial analysis skills

Support, communicate, reinforce and defend the mission, values and culture of the organization

Experience with ERP systems (Costpoint)

Possession of bachelor's degree in Business, Finance, Accounting or related field from a recognized post secondary institution or an equivalent combination of education and experience

A minimum of 5 years experience in program finance

Understanding of accounting principles and working knowledge of the Cost Accounting Standards, Sarbanes-Oxley, and International Financial Reporting Standards

Proficient with Microsoft Excel

Ability to interact effectively at all levels and across diverse cultures

Must follow company policies

Ability to work well in a team environment

Benefits of working with DRS Canada :

A motivating team-based environment where your achievements matter

An opportunity to work on industry leading edge technology

Compressed work week to promote a healthy work / life balance

Industry leading wellness program including :

Health, dental, and vision coverage available on first day of hire at no cost to the employee with access to virtual healthcare

Access to Employee and Family Assistance Program

Competitive compensation including :

Reimbursement for professional development initiatives and memberships plus access to free online learning resources

Registered Retirement Savings Plan with matching company contributions with access to complimentary financial planning

Maternity and Parental leave top-up

Vacation, personal days, sick leave, and additional company paid days off

About DRS Pivotal Power

DRS Pivotal Power Inc., a subsidiary of Leonardo DRS, is a leader in the development and manufacture of high reliability power conversion equipment for mission critical military applications. DRS Pivotal Power is part of the Naval Electronics Canada Group.

All applicants must fulfill requirements for Canadian security clearance.

Applicants requiring a disability related accommodation to participate in the recruitment process are to advise Human Resources. DRS Pivotal Power Inc. is an equal opportunity employer.

Applicants may apply to this position online at www.leonardodrs.com careers.

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