Program Finance Analyst
DRS Technologies 217 reviews - Fort Walton Beach, FL

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DRS Technologies, Inc. Integrated Defense Systems & Services is a best-in-class developer of advanced electronic systems and other military technologies to support the warfighter and peacekeeper. Headquartered in Rockville, Md., the company is composed of seven lines of business with annual revenues of $1.4 billion. Our more than 3,700 employees around the globe include a number of committed DRS Technologies, Inc. Integrated Defense Systems & Services staff working side-by-side in theater with American and Allied soldiers. DRS Technologies, Inc. Integrated Defense Systems & Services provides products, services and systems integration in the areas of intelligence and sensor technologies, security, cyber, sonar, communications, electronic warfare, training systems, satellite communications, avionics, control systems and unmanned technologies. For additional information on DRS Technologies, Inc. Integrated Defense Systems & Services, please visit our website at .

DRS Company Overview

DRS Training & Control Systems, LLC , Fort Walton Beach, FL provides engineering, manufacturing, and support of defense and aerospace systems for sea, land, air, and space use. Our product and service areas include electronic control and monitoring systems, aerospace material handling systems, simulation and training systems, unmanned aircraft systems, aerospace support equipment, contract manufacturing, engineering, and product support.

DRS Training & Control Systems, LLC , employs almost 500 engineers, craftsmen, and specialists in eight modern plants that occupy more than 346,500 square feet in Fort Walton Beach, Florida. These facilities include manufacturing, engineering, laboratory and test departments. In addition, DRS has contract logistics support operations domestically as well as in Europe and the Middle East.

Job Location Fort Walton Beach, Florida

Title: Program Financial Analyst

Position Summary:
Analyze, plan and understand the company’s financial position, support, baseline planning, and actual cost verification, preparation of Estimates at Completion (EAC), variance analysis, manpower projections, revenue and profit forecasting. Provide general support to the Program Manager/Program Team with business and financial analysis, and financial reports for Site Management.

Duties and Responsibilities:
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

Prepare and maintain Cost Status Reports for both current program and forecasted bookings

Provide Financial status of programs as required contractually

Utilize the accounting system to assist the program teams with the analysis of forecasted projections and program status

Review and analyze financial information and reports, communicate findings to senior managers where problems, errors, deviations, or omissions are detected

Monitor and coordinate with the program teams to collect Aged invoices

Develop, implement, assist in, or direct internal control reviews for accounting and other miscellaneous operations

Provide functional guidance for timekeeping, payroll, billing and accounts payable personnel

Assist in preparation and oversight of contractual paperwork

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

Program & 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 & 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

Basic Qualifications:
Bachelors’ Degree in Business, Finance, or Accounting and at least three plus years of progressive experience in a defense manufacturing environment

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 Cost

Strong computer skills : MS Office Suite (especially Excel); MS Project, Oracle knowledge is a plus

Earned Value Management is a plus but not required

US Citizenship is required.

DRS Technologies, Inc. Integrated Defense Systems & Services is an equal opportunity/affirmative action employer. We consider applicants without regard to race, color, religion, creed, gender, national origin, age, disability, genetic information, marital or veteran status, or any other category protected by federal, state or local law. IND

About this company
217 reviews
DRS Technologies has zeroed in on its target -- to be the fastest growing defense company in the world. It offers mission-critical products...