Financial Analyst II (REF2207A)

Job Description

Scope : The Financial Analyst II under direction of Manager of Program Financial Analysis or an appropriate designee will compile and verify the data used for the preparation and presentation of results of projects and programs along with the business area to senior management.

Will be the key person to monitor financial performance of projects and programs.

Responsibilities & Tasks :

• Completes quarterly profit and loss statements for all assigned programs.
• Supports the preparation and presentation of results of projects and the business area to management.
• Monitors financial and schedule performance of programs and gives feedback to business area and program management regarding opportunities to improve effectiveness.
• Ensures preparation of monthly Earned Value reports and billings for specified programs.
• Provides weekly / monthly reports and analysis of Budget / Cost Analysts group performance.
• Working with Managers and Cost / Schedule Analysts, leads the creation of project budgets and links to critical milestones for new programs.
• Develops and maintains the process of consolidating and analyzing the financial results for programs.
• Participates in Process Improvement teams.
• Prepares and presents results of programs to management.
• Supports accounting in preparation of monthly closing reports.
• Completes Estimate at Completion (EAC) analysis for programs on their required basis
• Assists with creation of credit / debit memos
• Monitor Accounts Receivable and work with appropriate teams to ensure timely payment from customers
• Advises Management on matters concerning budget and cost.
• Provide financial analysis support to designated Department
• Develop measurements for financial and cost performance.
• Other related duties as assigned by supervisor.

Authorities :

Work under the general supervision of the Manager of Financial Analysis.

• Perform as the subject matter expert for Budget and Cost
• Administer company policies regarding Budget and Cost matters
• Ability to obtain data as needed.

Business Relationships :

• Chief Financial Officer (CFO)
• Director of Finance
• Controller
• Compliance Manager
• Contracts / Subcontracts
• Vice Presidents of Business Areas
• Business Area Business Managers
• Program Managers
• Project Managers
• Project Schedulers
• Financial Analysts

Informational Relationships

• Corporate
• G&A Functions, including B&P / IR&D
• M&S Functions
• Controller
• Accounting
• Contracts / Subcontracts
• Purchasing / Materials
• Program, Engineering & Manufacturing Functions

Qualifications

Education (Highest Level Required / Preferred)

Bachelors preferred. Specific Degree Field, only if required : Finance or Accounting (preferred).

Functional (Using Skill Set) : 3-5 years

Industry : 1-3 years

Knowledge, Skills, Abilities Required (Unique and Measurable)

• Have some computer, IT and financial system knowledge.
• Have some experience with MS Office and MS Excel required.
• Should have some working knowledge in a corporate environment.
• Should have a good work ethic and display good communication skills.
• Have entry-level expertise at reading and interpreting numbers and completing calculations.
• Ability to develop skill of analyzing financial information.
• Ability to develop skill of using balance sheets and graphic displays.
• Some experience or knowledge of business area accounting.
• Ability to develop communication skills using financial and accounting terms in dealing with business area staff.
29 days ago