Program Financial Analyst
Overview:
Continental Electronics Corporation is a leading provider of RF technologies and innovative solutions with over 75 years of proven performance. CEC has experienced significant recent growth and has established itself as the go-to supplier for a diversified product line supporting a wide spectrum of markets from commercial products, military customers, to space research laboratories.
The Program Financial Analyst will support the financial management, review, and estimating of assigned programs. This role will partner with program management teams to analyze and understand their financial position. The analyst will prepare monthly customer financial reports, verify actual cost reporting, provide variance analysis, prepare billing, and support monthly closing activities.Will report to the Director of Program Finance.
Responsibilities:
- Prepares a comprehensive cost status report (CSR) based on estimates at complete for each job, analyzing project budget, actual costs, forecasted costs, and budget variance by working with cross functional IPT to ensure accurate and timely submission
- The analyst will prepare monthly customer financial reports, verify actual cost reporting, provide variance analysis, risk reviews, and support monthly closing activities
- Project controls analyst responsible for set up and activation of assigned projects, service orders and production work order support in ERP system
- Provide inputs for the monthly, quarterly, and annual sales, EBITDA and cash forecasting process
- Monitor and analyze program costs, perform financial analysis for labor, material, subcontract and ODC estimates against budget and forecast
- Prepare Contract Billing with Program Management, and interface with customer as needed
- Performs analyses and prepares reports to ensure that contracts are within negotiated and agreed-upon parameters and government cost control guidelines, and submit timely requests for additional funding to the government
- The ideal individual for this job will be an excellent communicator with a desire to learn and be challenged, the ability to work on a range of tasks, the ability to interact and effectively communicate with a variety of management levels, customer counterparts, and internal /external stakeholders
- Analyzes changes in product design, raw materials requirements, manufacturing methods, or services provided, to determine effects on costs (standard vs. actual) and where efficiencies can be found
- Makes estimates of new and proposed product or service costs
- Perform other related duties as required
Qualifications:
- Bachelor’s Degree in Accounting, Finance, or related field
- Minimum of 6 years of combined Finance / accounting related education and work experience
- Experience interfacing and conducting business with various functional disciplines (Contracts, Operations, Engineering, Supply Chain, etc) in program development and execution
- Experience with multiple contract types (CP/FP/T&M)
- Strong analytical and problem-solving skills
- Advanced proficiency in Microsoft Excel is required
- Demonstrated ability to work and communicate effectively with all levels of management
PREFERRRED
To perform this job successfully, an individual should have knowledge of:- DoD Finance/EVMS
- Understanding of ASC 606
- Understanding of relevant FAR/DFARS regulations
- Deltek CostPoint
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms and stoop, kneel, crouch, or crawl.
The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, peripheral vision and ability to adjust focus.
Please review our benefits here: Life at OSI
The specific programs and options available to any given employee may vary depending on eligibility factors such as geographic location and date of hire. Please note that the salary information shown above is a general guideline only. Salaries are based upon candidate experience and qualifications, as well as market and business considerations.
NOTICE TO THIRD PARTY AGENCIES
OSI Systems, Inc. and its subsidiaries (collectively “OSI”) does not accept unsolicited resumes from recruiters or employment agencies. If any person or entity, including a recruiter or agency, submits any information, including any resume or information regarding any potential candidate, without a signed agreement in place with OSI, OSI explicitly reserves the right to use such information, and pursue and/or hire such candidates, without any financial obligation to the person, recruiter or agency.Any unsolicited information or resumes, including those submitted directly to hiring managers, are considered and deemed to be the property of OSI.
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OSI Systems, Inc. has three operating divisions: (a) Security, providing security and inspection systems, turnkey security screening solutions and related services; (b) Healthcare, providing patient monitoring, diagnostic cardiology and anesthesia systems; and (c) Optoelectronics and Manufacturing, providing specialized electronic components and electronic manufacturing services for original equipment manufacturers with applications in the defense, aerospace, medical and industrial markets, among others.