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 www.drs.com .
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
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
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
DRS Technologies has zeroed in on its target -- to be the fastest growing defense company in the world. It offers mission-critical products...