Manager I - Program Finance

Leonardo DRS; Fitchburg (MA); Hybrid; USD 115,000 - 178,000; Full time

Benefits offered by this job

Health insurance

401(k) retirement plan

Paid time off (vacation/holidays)

Tuition reimbursement

Professional development support

Job summary

Leonardo DRS Naval Power Systems seeks a Manager of Program Finance to lead a team of program financial analysts and support the financial performance of complex naval defense programs.

You will partner with cross-functional leadership to deliver reliable forecasts, ECAs, and clear insights, while overseeing planning, reporting, and controls. This is a hybrid role requiring regular onsite presence in Fitchburg, MA.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or a related discipline.
• Seven or more years of progressive finance experience in government contracting or a complex manufacturing environment.
• Demonstrated ability to lead, coach, and develop financial analysts.
• Strong knowledge of EACs, forecasting, budgeting, program profitability, cost accounting, and variance analysis.
• Working knowledge of FAR/DFARS, CAS, SOX, and accounting requirements.
• Advanced Excel skills and experience with ERP, financial planning, and BI tools.
• Ability to translate complex financial information into concise, actionable recommendations.
• Advanced degree or relevant professional certification preferred.

Responsibilities

• Lead and develop the program finance team: establish priorities, review work quality, coach analysts, and strengthen the team’s technical expertise and communication skills.
• Oversee EACs and forecasts: challenge cost-to-complete, assess profitability, and ensure risks and opportunities are supported and clearly communicated.
• Analyze performance and support program decisions: explain variances, assess drivers, and recommend corrective actions.
• Lead program reviews and support financial close: ensure exhibits reconcile, transparency, and decisions are clearly communicated.
• Support proposals, controls, and process improvement: review financial assumptions, cost estimates, funding considerations, and profitability implications.

Skills

Advanced Excel

Financial analysis

ERP systems

BI tools

Education

Bachelor’s degree in Finance/Accounting/Business

Advanced degree or certification preferred

Tools

ERP systems

Financial planning software

Job description

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Location: Fitchburg, MA, US, 01420

Job ID: 115971

The Leonardo DRS Naval Power Systems business is a trusted provider of innovative naval gas and hybrid power systems, control technology and support solutions for the U.S. Navy and navies around the world.

Job Summary

Leonardo DRS Naval Power Systems is seeking a Manager of Program Finance to lead a team of program financial analysts and support the financial performance of complex naval defense programs. This role partners with Program Management, Engineering, Operations, Supply Chain, Contracts, and Finance leadership to deliver reliable forecasts, disciplined Estimates at Completion (EACs), and clear financial insights that support decisions.

The manager oversees program financial planning, reporting, analysis, and controls while developing a team that can explain what changed, identify the underlying drivers, and recommend effective actions.

This is a hybrid position requiring regular onsite presence in our Fitchburg, MA office.

What You'll Do

• Lead and develop the program finance team: Establish priorities, review work quality, coach analysts, and strengthen the team’s technical expertise and communication skills.
• Oversee EACs and forecasts: Challenge cost-to-complete assumptions, assess program profitability, and ensure risks and opportunities are supported and clearly communicated. Review program and portfolio forecasts for bookings, revenue, gross margin, and cash flow against prior forecasts and the operating plan.
• Analyze performance and support program decisions: Explain variances through underlying labor, material, subcontract, schedule, and execution drivers—not only summary-level results. Partner with program and functional leadership to evaluate the financial impact of execution issues and program changes, recommend corrective actions, and track their resolution.
• Lead program reviews and support financial close: Ensure program-review exhibits reconcile, assumptions are transparent, and presentations communicate the conclusion, supporting evidence, and required decisions. Review program revenue, costs, and profitability during financial close for consistency with approved estimates, applicable accounting requirements, and company policy.
• Support proposals, controls, and process improvement: Partner with Pricing and Contracts to review financial assumptions, cost estimates, funding considerations, and profitability implications for proposals and contract changes. Ensure timely, accurate reporting and adherence to applicable government-contracting requirements, internal controls, and corporate policies. Standardize financial reporting, strengthen data quality, and reduce manual or duplicate preparation.

Education & Experience Requirements

• Bachelor’s degree in Finance, Accounting, Business, or a related discipline.
• Seven or more years of progressive finance experience in government contracting or a complex manufacturing environment, subject to job-grade validation.
• Demonstrated ability to lead, coach, and develop financial analysts.
• Strong knowledge of EACs, forecasting, budgeting, program profitability, cost accounting, and variance analysis.
• Working knowledge of applicable FAR/DFARS, CAS, SOX, and accounting requirements.
• Advanced Excel skills and experience with ERP, financial planning, and business-intelligence tools.
• Ability to translate complex financial information into concise, actionable recommendations.
• Advanced degree or relevant professional certification preferred.

U.S. Citizenship required. This position may require an active DOD security clearance or the ability to obtain such clearance within a reasonable time after commencement of employment.

The salary range for this position is $114,725- $178,110 per year. This range reflects the good faith estimate of pay the employer is willing to offer at the time of posting. Several factors can influence the pay scale, including but not limited to: Federal contract labor categories and contract wage rates, collective bargaining agreements, geographic location, business considerations, scope, and responsibilities of the position, local or other applicable market conditions, and internal equity. Other factors include the candidate’s qualifications such as prior work experience, specific skills and competencies, education/training, and certifications. In addition to base pay, employees may be eligible for: annual performance-based bonuses, equity awards, and overtime pay (for non-exempt employees as applicable. Our benefits package includes comprehensive health insurance (medical, dental, vision), employer matching 401(k) retirement plan, paid time off including vacation, holidays, and sick leave (including ant state-mandated paid sick leave), parental leave benefits, tuition reimbursement, professional development support, and life and disability insurance coverage.

Leonardo DRS, Inc. and its subsidiaries provide equal opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, protected veteran status, or any other characteristic protected by federal, state, or local laws.

Our Vision. To be the leading mid-tier defense technology company in the U.S.

Our Values. The Leonardo DRS culture is defined by our Core Values and Principles:

• Integrity
• Agility
• Excellence
• Customer Focus
• Community & Respect
• Innovation

We strive to uphold them in all aspects of our business practices to inspire our employees and provide outstanding support for our customers.