Program Financial Analyst

Leonardo DRS; Frederick (MD); On-site; USD 76,000 - 109,000; Full time

Benefits offered by this job

Health insurance

401(k) retirement plan

Paid time off

Flexible work schedule (9/80)

Job summary

Leonardo DRS, Inc. in Frederick, MD is seeking a Senior Financial Analyst to manage funding forecasts, EAC/ETC analyses and cost control across government contracts. You will work with cross-functional teams to ensure accurate budgeting and adherence to FAR/CAS guidelines.

The role requires at least a bachelor’s in business/finance/accounting, plus 3+ years in a government manufacturing environment. Strong analytical skills and proficiency with CostPoint/Deltek are important.

Qualifications

• Bachelor’s degree in business, finance, accounting or related field.
• MA, MS and/or professional certification is highly desirable.
• Working knowledge of the FAR, DFAR, CAS & SOX.
• Understand financial analysis principles and have financial analysis skills.
• Working knowledge of IR&D/B&P/Direct Sell and allowable vs. unallowable costs.
• Strong computer skills (MS Office Suite, MS Project, CostPoint and Deltek)

Responsibilities

• Tracks actuals and commitments against approved funding; forecasts remaining work and flags overruns.
• Builds and challenges EACs/ETCs; explains labor, material and subcontract growth.
• Provides support to the Financial & Program Analysis management functions.
• Understands the Annual Operating Plan (AOP) and Strategic Guide Plan; helps prepare bookings, revenue and cash flow data.
• Understands how job costs are collected and billed on all contract types.
• Negotiates goals and objectives with stakeholders and maintains relationships with internal and external customers.
• Supports negotiations with government, prime contractors and foreign customers.
• Conducts analytical studies, monitors trends and interprets results.
• Supports government compliance and audit activities.
• Understands Standards of Conduct and contract types; participates in cost analysis and pricing discussions.
• Knowledge of EVA, CAE/BOE, budget reporting and EVMS concepts; risk management and ROI analysis.

Skills

Financial analysis

FAR knowledge

Cost accounting

MS Office

Education

Bachelor’s degree in business/finance/accounting

MA/MS or professional certification desirable

Tools

CostPoint

Deltek

MS Project

MS Office

Job description

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Location: Frederick, MD, US, 21703 MD, US

The Leonardo DRS Airborne and Intelligence Systems business is a global leader and strategic partner committed to delivering world‑class, full life‑cycle defense and intelligence products that protect the security of our nation and our allies. From air combat training to state‑of‑the‑art electronic warfare systems, our technology is deployed by virtually all U.S. military and government agencies around the world.

Job Responsibilities

• Tracks actuals and commitments against approved funding. Forecasts the remaining work. Flags overruns early. Understands projects charge. Timecard accuracy and the difference between funding a continuation and starting new work
• Builds and challenges EACs/ETCs. Explains labor, material and subcontract growth. Understands how cost changes affect GM. Distinguishes approved scope from potential changes or recoveries
• Provide support of the Financial & Program Analysis management functions to the department
• Understand the Annual Operating Plan (AOP) and the Strategic Guide Plan process and help prepare program bookings, revenue, operating profit, investment and cash flow data
• Understand how job costs are collected and billed on all contract types
• Obtain agreement on previously determined goals and objectives through negotiation, persuasion and advocacy
• Establish, develop and maintain effective business relationships with internal and external customers
• Support negotiations with the government, industry prime contractors and foreign customers
• Conduct difficult analytical studies, monitor trends and be able to accurately interpret the results
• Support of government compliance and audit activities
• Understand Standards of Conduct to include: Conflicts of Interests; Improper Practices; Liability and Fraud
• Understand Contract design and structure to include: FFP; CPIF; CPFF; CPAF; BOA; IDIQ; Foreign Military Sale (FMS); and International Direct Commercial Sale (DCS), and, competitive and sole source procurements
• Strong grasp of generally accepted accounting principles and a working knowledge of the cost accounting standards (CAS) and IFRS
• Support Proposal Preparations including: bid/no-bid requirements; cost estimating; pricing; RFP review; risk mitigation; and negotiation
• Understand source selection evaluation process to include cost and price analysis, discussions, debriefings and protest
• Program and finance: Basis of Estimate (BOE) preparation; budget preparation, reporting and management; cost & variance analysis; Earned Value Management Systems (EVMS); Estimate at Completion (EAC); cash management/working capital; forecasting; contractual reporting (CDRL, EVM, cost and pricing, C/SSR); risk management; return on investment (ROI); audit preparation and management; and program review preparation
• Support, communicate, reinforce and defend the mission, values and culture of the organization
• Maximize IT utilization through electronic commerce and ERP/Oracle implementation
• General business operations knowledge to include: management principles; business development; HR; operations; finance; accounting; economics; and information technology
• Ability to interact effectively at all levels and across diverse cultures

Qualifications

• Bachelor’s degree in business, finance, accounting or related field and at least three years of progressive experience in a government manufacturing environment
• MA, MS and/or professional certification is highly desirable
• Working knowledge of the FAR, DFAR, CAS & SOX
• Understand financial analysis principles and have financial analysis skills
• Working knowledge of IR&D/B&P/Direct Sell and allowable vs. unallowable costs
• Strong computer skills (MS Office Suite , MS Project, CostPoint and Deltek)

Preferred Qualifications

• Experience with Internal Research and Development and Earned Value
• Must be able to look at cost coming in and be able to project future outcomes
• Experience with Estimate at Completion and Estimate to Complete

U.S. Citizenship required. This position requires 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 ($75,956.00/year- $108,716.00) 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.

Taking care of our people is a top priority at Leonardo DRS. We are proud to offer competitive salaries and comprehensive benefits, including medical, dental, and vision coverage, a company contribution to a health savings account, telemedicine, life and disability insurance, legal insurance, and a 401(k) savings plan. We champion wellness programs that focus on physical, emotional, and financial well‑being. We develop our talent by offering programs and activities to support career‑growth, professional development, and skill enhancement. And we understand there is more to life than work, and the importance of offering flexible work schedules with our 9/80 program, competitive vacation, health/emergency leave, paid parental leave, and community service hours.
*Some employees are eligible for limited benefits only

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.