Job DescriptionBAE 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:
- Interface with program management on assigned projects
- Project setup duties including cost center creation and WBS alignment, and monitoring all program expenditures
- Support month-end closing activities, including preparation of journal entries and revenue recognition in line with IFRS 15
- Prepare monthly contract status reports and coordinate monthly meetings with each PM to review and present program financial data
- Complete monthly account reconciliations
- Monitor and reconcile all costs against project budgets
- Facilitate estimate at complete (EAC) forecasts and identify key drivers of variances vs. plan, and identify risks and opportunities to plan
- Support weekly salient flash updates
- Support internal audit & financial control framework testing
- Prepare and report QBR and IBP salient forecasts and enter forecast data into Hyperion
- Assist with completion of risks and opportunities charts
- Support proposal processes, including basis of estimate development and cash flow analyses
- Support other ad hoc analysis, projects, and/or financial data requests
- Apply cost accounting standards and federal acquisition regulation knowledge to assignments
- Manage multiple assignments/projects simultaneously
- Develop desktop procedures and lead process improvement initiatives
Required Skills and Education- Bachelor's Degree and 4 years of related work experience or equivalent experience
- Ability to support Program Finance, Cost Accounting Standards (CAS), and familiarity with Earned Value Management (EVM) concepts
- Ability to provide analytics and reporting to support leadership decision-making
- Ability to work cross-functionally and independently with minimal supervision and in a fast-paced environment
- Ability to develop and maintain professional and effective relationships with internal and external customers
- Advanced MS Office/Excel skills
Preferred Skills and Education- Graduate degree in accounting, finance, or MBA
- Experience in Defense/Government Contracting
- Experience in Federal Acquisition Regulation (FAR)/Defense Federal Acquisition Regulation (DFAR) a plus
- Experience in Cost Accounting Standards (CAS)
- Experience with Oracle Hyperion
Benefits InformationEmployee 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.
Intern Benefits: Temporary employees generally are not eligible for BAE Systems benefits, but can elect to participate in the 401(k) savings plan. Temporary employees working 20+ hours per week are eligible for medical benefits, the employee assistance program, and business travel accident insurance.
Please note: Some benefits may be different for union employees that are governed by a collective bargaining agreement (CBA) or for positions covered by a wage law called the McNamara-O'Hara Service Contract Act (SCA).
