Program Finance Analyst 2

Financeroles; Cambridge (MA); On-site; USD 75,000 - 156,000; Full time

Job summary

Draper, an independent nonprofit R&D organization based in Cambridge, MA, is seeking a Program Finance Analyst 2 to partner with internal and external customers. You will ensure financial acumen, accuracy, and support to execute major contracts in national defense, using EVMS principles and robust program financial controls.

Responsibilities include managing schedule/cost performance metrics, developing baselines, maintaining WBS/charge numbers, and delivering EACs and PMR/QBR inputs, while

Qualifications

• EVMS principles and DoD program knowledge required.
• FAR/CAS/DFARS familiarity essential.
• Experience with different contract types (FFP/FPIF/CPFF/CPIF/T&M).
• Knowledge of revenue recognition and program financial controls.

Responsibilities

• Provide timely and accurate metrics on schedule and cost performance using Earned Value or related processes.
• Support baseline development and WBS/charge numbers.
• Produce updates for programs with/without EV requirements in ERP or Cobra.
• Analyze variances to budget and assist with recovery plans.
• Report risks and opportunities to the baseline cost and EAC.
• Maintain the Project-Activity Structure and charge numbers.
• Complete EAC processes and support PMRs and QBRs.
• Provide time-phased plan for program-level revenue forecasting and planning.
• Supply financial inputs for PMRs/QBRs and ensure timely invoicing and receivables.
• Communicate status of funding and disposition of funds subject to cancellation.

Skills

EVMS principles

DoD program knowledge

FAR/CAS/DFARS regulations

Contract types (FFP FPIF CPFF CPIF T&M

Revenue recognition

Verbal & written communication

MS Office proficiency

Excel skills

Analytical skills

Multitask & detail oriented

Independent work

Education

Bachelor's in Accounting/Finance or related

Master's Degree preferred

Tools

ERP systems (Cobra)

Microsoft Office

Job description

Overview:

Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000+ employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.

Job Description Summary:

The Program Finance Analyst 2 collaborates with our internal and external customers as the business partner of choice to ensure they have the financial acumen, accuracy, and dedicated support to execute significant contracts in support of national defense.

Job Description:

Duties/Responsibilities

• Provides timely and accurate metrics on schedule and cost performance utilizing Earned Value or related processes
• Supports all baseline development activities and development of charge numbers and WBS as applicable
• Provides updates/changes as required, for programs with and without Earned Value requirements, in applicable tools (ERP or Cobra).
• Provides analysis and reports on the performance variances to budget and assist with recovery plans as needed.
• Analyzes and reports risks & Opportunities to the baseline cost, schedule, and the EAC.
• Ensures timely maintenance of the Project-Activity Structure (Charge Numbers).
• Provides timely completion of the Estimate at Complete (EAC) process, processing time-phased estimate to complete updates, and EAC package support for Program Financial Planning and Reporting.
• Develops and Monitors the program level time-phased plan to support an overall program level view of revenue for forecast, budget, and 5-year planning processes.
• Provides the financial data inputs, analysis, and applicable variance narrative for Program Management Reviews (PMRs) and Quarterly Business -Reviews (QBRs)
• Provides timely invoicing and collection of customer receivables
• Reviews and communicates the status of program financials, including the status on funding, and disposition of funding that is subject to cancellation.
• Performs other duties as assigned

Skills/Abilities

• Able to use EVMS principles in daily operations with proven expertise
• Knowledge of program financial controls with DoD programs
• Knowledge of relevant federal acquisition regulations and standards such as CAS/FAR/DFARS
• Knowledge of different contract types (FFP, FPIF, CPFF, CPIF, T&M)
• Knowledge of relevant accounting subject matters, including revenue recognition
• Ability to present complex information to all levels of management
• Excellent verbal and written communication
• Proficient with Microsoft software applications
• Strong Excel skills
• Excellent analytical and problem-solving ability
• Ability to multi-task and is detail oriented
• Ability to ensure tasks are completed on time and accurate
• Self-starter that is capable of working independently

Education

Bachelor's in Accounting, Finance or relevant discipline, Master's Degree preferred

Experience

3-5 years of related experience

Additional Job Description:

Applicants selected for this position may be required to obtain and maintain a government security clearance.

Job Location - City: Cambridge

Job Location - State: Massachusetts

Job Location - Postal Code: 02139-3563

The US base salary range for this full-time position is $75,000.00 - $156,000.00

Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Union ranges will be in compliance with the collective bargaining agreement's approved rates by location and role. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.Please note that the compensation details listed in US role postings reflect the base salary only, and does not include bonuses or benefits.

Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities.

Draper is committed to creating an inclusive environment. We understand the value of inclusivity and its impact on a high-performance culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, national origin, veteran status, or genetic information. Draper is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact [e-mail].