Program Finance Director

Director I

Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000+ employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.

The Director I reports to the Director 2 of Program Finance, with matrixed responsibilities to the Program Office leaders that they support. This position is accountable for financial acumen and support of program control activities, accurate program performance, and actionable financial reporting on the overall financial position of their program office activities. The role will be responsible for developing and leading a team of program finance leads and program finance analysts. This role requires an ability to think strategically and tactically as well as outstanding analytical, communication and leadership skills.

Responsibilities include supporting annual and long-term program level planning activities, be the team POC on principles and tools for Earned Value Management (EVM), quarterly estimates at complete (EAC), and developing an in-depth understanding of their business financial performance, and other key program financial control activities. The position will be responsible for communicating results effectively through EAC packages, program management review packages, and through timely data and analysis on key programs. Additional responsibilities include supporting contract start-up and contract close-out activities, as well as proposal development. This role is expected to drive continuous improvement in alignment with program finance, and overall finance vision and strategy. This role will also play a representative role for applicable internal and external audits, and foster an environment of adherence to Gov't regulations, Draper policies and procedures.

Duties / Responsibilities :

• Accountable for reporting and understanding financial performance of programs, from program analytics, EVMS and EAC practices compliant with internal and external criteria
• Establishing a program level forecast for revenue, profit and other financial metrics as appropriate
• Coordinate, prepare, and analyze Quarterly EACs
• Review, analyze, and understand financial information for Program Management Reviews (PMRs)
• Generates financial information for the Quarterly Business Reviews (QBRs)
• Generate internal reports and customer reporting deliverables to support Program Managers
• Report program level metrics to Program Office and FP&A leadership to support strategy development and planning, including development of 5-Year integrated business plans
• Anticipate, influence and report on financial dynamics related to program activities
• Collaborate with stakeholders to understand the business' current state and develop data-driven insights that can drive organizational-wide goals and strategies
• Drive improved contract profitability, cash flows, and higher returns on investments
• Maintain a working knowledge of applicable regulations (FAR, DFARS) to provide guidance and direction to program teams
• Ensure proper revenue recognition on contracts
• Create reporting and analytics to aid in improved predictability of operating results and cash flow requirements
• Perform other duties as assigned

Skills / Abilities :

Education : Bachelor's degree in Accounting or Finance required, MBA or CPA preferred.

Experience : 10+ years of experience driving high performing finance teams in a rigorous and complex environment, or equivalent experience, strongly preferred ERP experience a must (PeopleSoft, Oracle, SAP, Deltek, WAWF).

Job Location - City : Cambridge

Job Location - State : Massachusetts

Job Location - Postal Code : 02139-3563

The US base salary range for this full-time position is $150,000.00 - $300,000.00. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Union ranges will be in compliance with the collective bargaining agreement's approved rates by location and role. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and does not include bonuses or benefits.

Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities.

Draper is committed to creating an inclusive environment. We understand the value of inclusivity and its impact on a high-performance culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, national origin, veteran status, or genetic information. Draper is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact hr@draper.com.