Project Finance Analyst

L3Harris Technologies; Farnborough; Hybrid; GBP 50,000 - 70,000; Full time

Benefits offered by this job

Hybrid working

Private medical insurance

Pension scheme with employer contribution

Employee Family Assistance Program

Group income protection

Flexible opt‑in extras

Employee Family Assistance Program

Job summary

A leading defense technology firm in Farnborough is seeking a Project Finance Analyst to support financial performance and compliance of defense programs. Your role will involve monitoring project plans, analyzing financial data, and delivering insights to enhance decision-making. The ideal candidate will have experience with Single Source Contract Regulations (SSCR) and a background in finance, demonstrating the ability to work collaboratively in a high-performing team.

Qualifications

• Must demonstrate a can-do attitude and multitasking ability.
• Experience with Single Source Contract Regulations is crucial.
• Knowledge of project forecasting methodologies required.

Responsibilities

• Monitor project financial performance and compliance.
• Analyze financial data and provide insights for decision-making.
• Proactively identify risks and ensure budget alignment.
• Deliver Earned Value Management metrics to measure project performance.
• Scrutinise cost/hours charged to ensure gross margin targets are met.
• Support project plan execution and monitor risks and opportunities from financial/operational perspectives.
• Ensure revenue recognition and gross margins align with budget monthly.
• Develop bid and pricing packs as needed.

Skills

Attention to detail

Excellent communication skills

Ability to work under pressure

Familiarity with MS Excel

Understanding financial trends

Attention to detail

Education

Part Qualified or Qualified ACCA/CIMA

Experience with SSCR/DefCARS

Tools

PeopleSoft

Oracle

Job description

L3Harris is dedicated to recruiting and developing high‑performing talent who are passionate about what they do. Our employees are unified in a shared dedication to our customers’ mission and quest for professional growth. L3Harris provides an inclusive, engaging environment designed to empower employees and promote work‑life success. Fundamental to our culture is an unwavering focus on values, dedication to our communities, and commitment to excellence in everything we do. L3Harris is the Trusted Disruptor in defense tech. With customers’ mission‑critical needs always in mind, our employees deliver end‑to‑end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security.

Job Title – Project Finance Analyst

Job Location – Farnborough

Job ID – 33813

About This Opportunity And L3Harris UK

Operating at 11 sites in the United Kingdom, L3Harris supports Britain’s mission to secure and strengthen the country by delivering sovereign innovation across the space, air, land, sea and cyber domains. L3Harris in Farnborough specialises in secure ground and airborne communication and network systems for the military, international forces and commercial customers. We engineer and maintain night vision goggles, radar systems and tactical radios. The L3Harris Falcon family of radios delivers network‑centric communications for superior command and control, real‑time voice, data, full‑motion HD video and crossbanding for mission‑critical communications in a single, integrated platform. Notably, we are the proud designer, supplier and maintainer of the 50,000 tactical radios in the Bowman tactical C4I system in service with the UK Armed Forces and are working to define and deliver the next generation system, Morpheus. The UK Mission Critical Communications (MCC) finance team provides support to all functional areas of the UK business, and ensures regular review of financial information including key financial metrics.

The Project Finance Analyst plays a critical role in supporting the financial performance and compliance of defense programs operating under UK Competitive and Single Source regulations. This position is responsible for monitoring project plans, analyzing financial data, and providing earned value insights to drive informed decision‑making. The role is ideal for a finance professional who thrives in a collaborative environment, can operate independently with minimal supervision, and is motivated to be an integral part of a high‑performing team delivering complex programs. Due to the nature of the small finance team, the role will allow opportunity to learn responsibilities outside of project reporting.

Employee Benefits

• Hybrid working where possible, three days onsite per week
• Half day finish on a Friday
• 25 days holiday per year (plus bank holidays), increasing with long service and with the opportunity to buy/sell up to 5 days
• Private medical insurance with optional family cover
• Pension scheme of up to 8% employer contribution
• Life Assurance 4x salary (flexible up to 10x)
• Group income protection
• Flexible opt‑in extras such as a health care cash plan, dental insurance, gym membership, critical illness cover, cycle‑to‑work scheme, travel insurance and electric car scheme
• Employee Family Assistance Program providing mental health and wellbeing support
• Professional membership reimbursement (discretionary)

What The Role Will Involve

• Supporting financial reporting across both single source and non‑single source programs.
• Serve as the resident expert on UK programs reporting for contracts governed by the Single Source Contract Regulations (SSCR), including Defense Contract Analysis and Reporting System (DefCARS) requirements
• Partner with Program Managers and Finance leadership to review Estimates at Completion (EAC) monthly and present findings at program reviews.
• Deliver comprehensive financial metrics, including Earned Value Management (EVM), to measure and communicate project performance.
• Proactively scrutinise cost/hours charged to the program to ensure performance in line with gross margin expectations
• Support project plan execution and ongoing monitoring from both financial and operational perspectives, identifying risks and opportunities.
• Ensure appropriate revenue recognition and gross margins are in line with budget each month
• Develop bid and pricing packs when required – this element of the job will grow with the business
• Internal/external audit support as required
• Contribute to ad hoc financial analysis and reporting as business needs evolve.

What You’ll Bring

• Ability to work under pressure in a fast paced and constantly changing environment;
• Ability to look beyond the numbers and communicate trends/risks to non‑finance teams
• Excellent attention to detail
• Excellent communication skills and ability to work effectively as part of a team;
• Ability to multitask and prioritise workload;
• An ability to explain complex financial information in a clear way
• Must have a can‑do attitude.
• Must be familiar with all MS Office applications with a strong emphasis in Excel;
• Familiar with ERP accounting systems (PeopleSoft and Oracle an advantage)
• Flexible working approach.

Qualifications

• Part Qualified or Qualified ACCA/CIMA or Qualified by experience.
• Experience working with Single Source Contract Regulations (SSCR) and regulatory reporting frameworks such as DefCARS.
• Working knowledge of project forecasting methodologies, including Estimates at Completion (EAC) and Earned Value Management (EVM).

Preferred Additional Skills

• Familiarity with defense industry financial compliance and reporting standards.
• Experience supporting bid pricing and cost build‑up activities.
• Exposure to enterprise resource planning (ERP) systems used for project accounting and forecasting.
• Advanced financial modelling and scenario analysis capabilities.
• Understanding of programs lifecycle controls within complex, multi‑year contracts.
• Experience collaborating with cross‑functional teams in engineering, commercial, and programs management environments.

Important to know

Due to the nature of our work many of our roles require a UK nationality and the ability to obtain a security clearance. Applicants who accept a conditional offer of employment must meet the requirement of right to work in the UK and must meet eligibility requirements for access to classified information and will be subject to government security checks.

Equal Opportunity Employer

L3Harris Technologies is proud to be an Equal Opportunity Employer. We are committed to maintaining a workplace that is free from unlawful discrimination and offers equal opportunities for all. Applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief, and marriage and civil partnerships.