Navy Financial Associate (Submarines) - Washington, D.C.

Serco; Glen Allen (VA); On-site; USD 90,000 - 120,000; Full time

Job summary

Serco is seeking a Navy Financial Associate in the Washington, DC area to support the Team Submarine financial management function. You will perform budgeting, forecasting, data gathering, and analysis to help ensure efficient contract execution and cost control.

The role emphasizes developing cost databases, estimating completion costs, and generating financial reports for senior leadership, including briefings at high-level audiences.

Qualifications

• Bachelor’s degree in Accounting, Business, Finance, or related field is desired.
• 8 years of experience; DoD/ Navy budgeting knowledge is advantageous.
• Experience with Navy Planning, Programming, Budgeting, and Execution processes is preferred.

Responsibilities

• Provide daily support to Financial Management team and conduct budgeting, forecasting, and analysis.
• Create, maintain, and update financial databases and generate reports.
• Develop estimates, cost metrics, burn rate dashboards, and PMR slides.
• Coordinate with field activities to establish funding priorities and reimburseable funds.
• Prepare briefs for audiences up to Flag level and manage IPT meetings.

Skills

Budgeting

Forecasting

Financial analysis

Data analysis

Cost database

Excel

Team collaboration

Problem solving

Communication

Education

Bachelor's degree in Accounting/Finance

Tools

Microsoft Excel

PowerPoint

Job description

Position Description & Qualifications

Looking for a finance opportunity at a place you can have influence every day? Then Serco has a right opportunity for you!

As the Navy Financial Associate, you will be a part of Team Submarine, located in Washington, DC. As part of this dynamic team, you will be expected to bring your expertise and collaborative skills to make an impact towards our military defense and safety of our sailors.

Serco supports the US Navy for their Team Submarine contract in the maintenance, sustainment, and disposal of in-service submarines. The Team Submarine concept unifies diverse submarine-related activities into a single submarine-centric organization with the goal of eliminating traditional stovepipe structures and processes in the submarine research, development, acquisition, and maintenance communities. Team Submarine provides improved communication among the various offices that contribute to the overall success of the United States Submarine Force.

In this role, you will:

• Provide daily support to Financial Management team.

• Provide financial analyst services including data gathering, budget and financial analysis, and trend analysis.

• Be responsible for various financial functions such as budgeting, auditing, forecasting and analysis.

• Create, maintain, and update financial databases and spreadsheets, and generates various financial reports as required.

• Maintain appropriate records and documentation.

• Be adept at designing, building, and maintaining cost database for labor and material for the contract.

• Develop estimated at completion (EACs) for contract requirements, maintaining costs metrics documentation, building PMR slide, and maintaining burn rate dashboard.

• Conduct analysis at the availability level as well as at the Ship Work List Number (SWLIN)level, estimating costs for Hull, Mechanical & Electrical System (HM&E),

• Develop pricing for future negotiations and analyze the burn rate of these various systems to forecast delivery and potential schedule impacts.

• Track invoices and develop a database for labor material and leaser hours expended on contracts.

• Analyze contract changes, cost ceiling changes, and Incentive fee reservation changes to maintaining a contract costs reconciliation database every month.

• Provide financial models and financial statements, applies forecasting techniques, and evaluates performance against budget submissions.

• Coordinate with Branch Head and field activities to establish funding priorities.

• Reconcile Spend Plans to match the Resource Management Plans.

• Coordinate with the field activities to establish timely receipt of reimbursable funds.

• Prepare Unclassified and Classified briefs for audiences up to and including the Flag level.

• Set meetings and specified Program Integrated Product Teams (IPTs).

• Set high personal standards for performance/conduct.

• Demonstrate ability to be a team player; works well with others; contributes positively to work/team environment while continually seeks ways to enhance contribution to the team. Also, have the ability to work both in a team environment and independently, and often under short, multiple deadlines.

To be successful in this role, you will have:

• Ability to obtain and maintain an active DOD Secret Clearance

• US Citizenship

• A Bachelor’s degree in Accounting, Business, Finance, or related field is desired.

• 8 years of experience

• Knowledge of the Navy’s Planning, Programming, Budgeting, and Execution processes and policies.

• Knowledge of the Microsoft Office Suite to include, Excel and PowerPoint.

• Ability to travel at least 10% of the time.

Additional desired experience and skills:

• An active or current DoD Secret clearance.

• Experience working within the DoD and/or the Armed Forces

• One year experience supporting a DoD customer as a financial analyst is desired. Must be familiar with rules governing the different Navy Appropriations, with specific knowledge of O&M,N accounts a desired bonus.

• Budget Automation and Process Improvement.

• Cost Analysis.

• Data Management and Analysis.

• Navy Enterprise Resource Planning (ERP)

• DoN financial automated and budgeting systems to perform financial execution functions.

• Work experience in the Navy and specifically within Team Submarine or submarines in general.

• Knowledge of DoD policies, NAVSEASYSCOM/Team Submarine policies and procedures.

Company Overview

Serco Inc. (Serco) is the Americas division of Serco Group, plc. In North America, Serco’s 9,000+ employees strive to make an impact every day across 100+ sites in the areas of Defense, Citizen Services, and Transportation. We help our clients deliver vital services more efficiently while increasing the satisfaction of their end customers. Serco serves every branch of the U.S. military, numerous U.S. Federal civilian agencies, the Intelligence Community, the Canadian government, state, provincial and local governments, and commercial clients. While your place may look a little different depending on your role, we know you will find yours here. Wherever you work and whatever you do, we invite you to discover your place in our world. Serco is a place you can count on and where you can make an impact because every contribution matters.

To review Serco benefits please visit: https://careers.serco-na.com/us/en/what-we-offer .

Serco does not accept unsolicited resumes through or from search firms or staffing agencies without being a contracted approved vendor. All unsolicited resumes will be considered the property of Serco and will not be obligated to pay a placement or contract fee.

Serco is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Pay Transparency

Our Total Rewards package includes competitive pay, performance-based incentives, and benefits that promote well-being and work-life balance—so you can thrive both professionally and personally. Eligible employees also gain access to a wide range of benefits from comprehensive health coverage and health savings accounts to retirement plans, life and disability insurance, and time-off programs that support work-life balance. Program availability may vary based on factors such as contract type, location, hire date, and applicable collective bargaining agreements.

Salary range: The range for this position can be found at the top of this posting. This range is provided as a general guideline and represents a good faith estimate across all experience levels. Actual base salary will be determined by a variety of factors, including but not limited to, the scope of the role, relevant experience, job-related knowledge, education and training, key skills, and geographic market considerations. For roles available in multiple states, the range may vary to reflect differences in local labor markets. In addition to base salary, eligible positions may include other forms of compensation such as annual bonuses or long-term incentive opportunities. Benefits – Comprehensible benefits for full-time employees (part-time employees receive a limited package tailored to their role):

• Medical, dental, and vision insurance

• Robust vacation and sick leave benefits, and flexible work arrangements where permitted by role or contract

• 401(k) plan that includes employer matching funds

• Tuition reimbursement program

• Life insurance and disability coverage

• Optional coverages that can be purchased, including pet insurance, home and auto insurance, additional life and accident insurance, critical illness insurance, group legal, ID theft protection

• Birth, adoption, parental leave benefits

• Employee Assistance Plan

To review all Serco benefits please visit: https://careers.serco-na.com/us/en/about-us .

Serco complies with all applicable state and local leave laws, including providing time off under the Colorado Healthy Families and Workplaces Act for eligible Colorado residents, in alignment with our policies and benefit plans.

If you require an accommodation with the application process please email: [e-mail] or call the HR Service Desk at 800-628-6458, option 1. Please note, due to EEOC/OFCCP compliance, Serco is unable to accept resumes by email.

Candidates may be asked to present proof of identity during the selection process. If requested, this will require presentation of a government-issued I.D. (with photo) with name and address that match the information entered on the application. Serco will not take possession of or retain/store the information provided as proof of identity. For more information on how Serco uses your information, please see our Applicant Privacy Policy and Notice.