Principal Program Financial Analyst
Menomonee Falls, WI, US, 53051
Job ID: 110856
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.
Naval Power Systems’ commitment to and investment in our people, products, and customers is the foundation of who we are. We offer a competitive Total Rewards package, generous time off, and a fun and flexible working environment. Some of our great benefits include: comprehensive medical/dental/vision programs, a 9/80 work schedule allowing for every other Friday off (!), a 401(k) plan with immediate vesting and an attractive company match, company paid Life & Disability Insurance, a Charitable Match Program & Paid Volunteer Time Off, a Paid Parental Leave program, an Employee Wellness Program, a Tuition Assistance Program, Employee Resource Groups (ERGs) promoting Diversity, Equity, & Inclusion, and so much more!
Job Summary
Join our Menomonee Falls, WI team as a Principal Program Financial Analyst supporting our Program Management Office (PMO).
This position reports to our Menomonee Falls, WI business and is hybrid. The person hired can be within a commutable distance of one of our 3 locations - Danbury, CT; Fitchburg, MA; or Menomonee Falls, WI.
What You Will Do
- Provide overall guidance and direction to development, maintenance and analysis of the program financial activity, scheduling and performance measurement data
- Lead and/or perform financial planning and analysis for a complex program of moderate to large size, or several smaller programs for an organization or LOB
- Develop and analyze forecasts and financial reports and communicate financial issues/risks to non-financial personnel
- Apply critical thinking to assist site management in identifying risk and developing risk mitigation strategies
- Ensure GAAP and Corporate policies guiding revenue recognition are adhered to on every contract and properly reflected in Site plans and forecasts
- Conduct internal training sessions on relevant financial topics within area of expertise
- Ensure soundness of analysis, good business judgment, compliance with policies and procedures, adequacy of results and that all costs and reasonable fees have been provided for
- Maintain effective business relationships with, and serve as point of contact with, government, commercial, foreign and domestic customers
- Support negotiations with the government, industry prime contractors and foreign customers
- Provide oversight of global linearity of manufacturing activities and forecasting, track cost-down initiatives across assigned programs and Line of Business
- 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
- Participate in acquisition planning strategies including: the definition of contract requirements and risks, and, market research
- 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
- Provide claims and litigation support involving ASBCA and USCFC
Education & Experience Requirements
- Bachelor’s degree in business, finance, accounting or related field and at least 8 years of progressive experience in a government manufacturing environment
- MA, MS and/or professional certification is highly desirable
- In-depth knowledge of the FAR, DFAR, CAS & SOX
- Strong grasp of generally accepted accounting principles and an in-depth working knowledge of the cost accounting standards (CAS) and IFRS
- Strong contract compliance knowledge
- Strong leadership and developmental skills
- Understand advanced financial analysis principles and have financial analysis skills
- Ability to mentor and train others
- Ability to guide difficult analysis on programs
- Working knowledge of IR&D/B&P/direct sell and allowable vs. unallowable cost
- Strong communicator of financial issues/risks to non-financial personnel
- Candidates must be a US citizen and meet DRS security standards as imposed by DoD, including the issuance of any necessary security clearance by the US government within a reasonable time after commencement of employment
Leonardo DRS, Inc. and its subsidiaries and affiliates are equal opportunity employers and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.
#NPS
Nearest Major Market: Waukesha
Nearest Secondary Market: Milwaukee