Job Description
BAE Systems, a global leader in the defense industry, is seeking a Principal Financial Analyst based in Radford, VA. You will support the Ordnance Systems Inc. (OSI) business’s modernization portfolio, which includes a variety of construction, sustainment, and retrofit projects. You will support the group and management in the planning, tracking, analysis, and reporting of projects varying from contract types, sizes, and complexities.
Responsibilities:
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Interface with program management on assigned projects
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Project setup duties including cost center creation and WBS alignment, and monitoring all program expenditures
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Support month-end closing activities, including preparation of journal entries and revenue recognition in line with IFRS 15
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Prepare monthly contract status reports and coordinate monthly meetings with each PM to review and present program financial data
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Complete monthly account reconciliations
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Monitor and reconcile all costs against project budgets
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Facilitate estimate at complete (EAC) forecasts and identify key drivers of variances vs. plan, and identify risks and opportunities to plan
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Support weekly salient flash updates
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Support internal audit & financial control framework testing
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Prepare and report QBR and IBP salient forecasts and enter forecast data into Hyperion
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Assist with completion of risks and opportunities charts
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Support proposal processes, including basis of estimate development and cash flow analyses
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Support other ad hoc analysis, projects, and/or financial data requests
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Apply cost accounting standards and federal acquisition regulation knowledge to assignments
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Manage multiple assignments/projects simultaneously
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Develop desktop procedures and lead process improvement initiatives
Required Education, Experience, & Skills
- Bachelor's Degree and 4 years of related work experience or equivalent experience
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Ability to support Program Finance, Cost Accounting Standards (CAS), and familiarity with Earned Value Management (EVM) concepts
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Ability to provide analytics and reporting to support leadership decision-making
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Ability to work cross-functionally and independently with minimal supervision and in a fast-paced environment
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Ability to develop and maintain professional and effective relationships with internal and external customers
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Advanced MS Office/Excel skills
Preferred Education, Experience, & Skills
- Graduate degree in accounting, finance, or MBA
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Experience in Defense/Government Contracting
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Experience in Federal Acquisition Regulation (FAR)/Defense Federal Acquisition Regulation (DFAR) a plus
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Experience in Cost Accounting Standards (CAS)
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Experience with Oracle Hyperion
Pay Information
Full-Time Salary Range: $75254 - $127930
Please note: This range is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
Employee Benefits: At BAE Systems, we support our employees in all aspects of their life, including their health and financial well-being. Regular employees scheduled to work 20+ hours per week are offered: health, dental, and vision insurance; health savings accounts; a 401(k) savings plan; disability coverage; and life and accident insurance. We also have an employee assistance program, a legal plan, and other perks including discounts on things like home, auto, and pet insurance. Our leave programs include paid time off, paid holidays, as well as other types of leave, including paid parental, military, bereavement, and any applicable federal and state sick leave. Employees may participate in the company recognition program to receive monetary or non-monetary recognition awards. Other incentives may be available based on position level and/or job specifics.
About BAE Systems Platforms & Services
BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. Improving the future and protecting lives is an ambitious mission, but it’s what we do at BAE Systems. Working here means using your passion and ingenuity where it counts – defending national security with breakthrough technology, superior products, and intelligence solutions. As you develop the latest technology and defend national security, you will continually hone your skills on a team—making a big impact on a global scale. At BAE Systems, you’ll find a rewarding career that truly makes a difference.
The Platforms & Services (P&S) sector under BAE Systems, Inc does the big stuff: the armored combat vehicles, naval guns, missile launchers, and ship repair…just to name a few. Our employees take pride in the work they do and why they do it. They are on the front lines every day, building our products to protect the lives of those who serve. We may be biased, but we think P&S does some of the coolest work around, and we think you will too.
