What are the responsibilities and job description for the Sr Program Financial Analyst (Edgewood, MD) position at Smiths Detection?
Job Description
This role is to provide life-cycle accounting, analytical support and finance partnering expertise to Program Managers from pricing proposals through financial reporting of those Programs. Partner with the Program Managers to manage the WBS structure and ensure that actual costs are maintained in SAP and all relevant costs are budgeted and accounted for on a timely basis. Forecasting to include sales (revenue recognition), inventory, gross margin, and cash. This role will work closely with staff from various Smiths sites along with financial staff at our Headquarters located in the UK.
Duties & Responsibilities
Forecasting and Reporting
To provide ongoing analytical financial support to the Program Manager to facilitate the preparation of financials, to support detailed program reviews and identify key areas of risk and / or opportunity. In addition, to ensure the program financials are appropriately accounted for. This will involve :
- Attending program kickoff meeting, setting up program in SAP and generating WBS structure
- Create project cost accumulation methods in accordance with the contract based on an understanding of the implications of the contract and program. Understanding direct and indirect rate application for multiple contract types (FFP, FPI, CPFF, CPIF and T&M) and providing guidance to the programs team regarding impacts.
- Reviewing all cost elements charged to assigned programs to gain comfort that the amounts are reasonable and accurate. Analyzing cost and rate application and ensure that projects are being accounted for properly.
- To compare program actual costs to bid / budget costs highlighting variances and propose suggestions for recovery where applicable.
- Working with Make-To-Order (MTO) and Make-To-Stock (MTS) programs and understanding the accounting treatments within the SAP system.
- To work with assigned Program Managers to document contract performance to date, monthly ETC and EAC projections and providing forecast inputs of revenue and gross margin per project.
- Preparing invoices in accordance with government contracts and FAR requirements.
- To monitor cumulative billings against contract value and highlight programs that are approaching contract ceilings.
- Presenting financial results in the monthly program management reviews.
Bids and Proposals
General
Diversity & Inclusion
We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.
The Individual
Computer Skills :
Other :
Education / Training :
About Smiths
At Smiths we apply leading-edge technology to design, manufacture and deliver market-leading innovative solutions that meet our customers' evolving needs, and touch the lives of millions of people every day. We are a FTSE100, global business of around 14,600 colleagues, based in 50 countries. Our solutions have a real impact on lives across the planet, enabling industry, improving healthcare, enhancing security, advancing connectivity and supporting new homes. Our products and services are often critical to our customers' operations, while our proprietary technology and high service levels help create competitive advantage. We welcome colleagues with a curious mind, who are happy with responsibility, enjoy a challenge and are attracted by the idea of working at a business with an almost 170 year history of innovation, and five global divisions, all experts in their field.
About Smiths Detection
Smiths Detection is a global leader in detection and screening technologies for the protection of people and assets, supporting safety, security and freedom of movement in today's world.
Additional Information
Smiths Detection is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. Equal Employment Opportunity Posters If you'd like to view a copy of the company's affirmative action plan or policy statement, please email US HR Team [redacted] .
If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail [redacted] or call toll-free . This email and phone number is created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response. Smiths Detection, Inc. participates in the Electronic Employment Verification Program.
