Program Finance Analyst 3

Draper Labs; Cambridge (MA); On-site; USD 82,000 - 220,000; Full time

Benefits offered by this job

Work-life balance

Employee clubs

Museum/discounts

Off-site events

Job summary

Draper Labs seeks a Program Finance Analyst 3 to support finance for national defense programs from Cambridge, MA. The role emphasizes Earned Value management, cost and schedule performance, and timely invoicing and reporting for PMRs and QBRs.

Ideal candidates have 3–5 years of analyst experience, a bachelor’s in accounting or finance, and preferably a master's. U.S. security clearance is required or pursued, with a strong emphasis on accuracy and cross-functional collaboration.

Qualifications

• Bachelor's in Accounting, Finance or relevant discipline.
• Master's degree preferred.
• 3-5 years of Analyst or related experience.

Responsibilities

• Provides timely and accurate metrics on schedule and cost performance using Earned Value.
• Supports baseline development and charge numbers / WBS as applicable.
• Generates updates for programs with or without EV, using ERP or Cobra.
• Analyzes performance variances to budget and supports recovery plans.
• Reports risks and opportunities to baseline cost, schedule and EAC.
• Maintains the Project-Activity Structure (Charge Numbers) timely.
• Completes EAC process and time-phased updates for planning and reporting.
• Develops time-phased program level plans for revenue forecasting and budgeting.
• Provides data inputs and variance narratives for PMRs and QBRs.
• Facilitates timely invoicing and collection of receivables.

Skills

EVMS principles

DoD program controls

FAR/CAS/DFARS knowledge

Contract types (FFP, FPIF, CPFF, CPIF,

Revenue recognition

Present complex info to mgmt

MS Office / Excel

Analytical and problem solving

Multi-tasking / detail oriented

Independent / self-starter

Education

Bachelor's in Accounting or Finance

Master's degree preferred

Tools

ERP systems

Cobra

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 3 supports finance for program(s). The Program Analyst ensures financial acumen, accuracy, and dedicated support to execute significant contracts in support of national defense. Provides Program Performance Support and Reporting for Program Managers, Control Account Managers (CAMs), and Schedulers to meet program objectives and ensure tasks are completed on schedule and within budget utilizing Earned Value or related processes.

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 Analyst or related experience

Additional Job Description

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

Current in scope Secret security clearance is required.

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 $82,300.00 - $220,000.00.

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].