Woodward, Inc

Government Proposal Financial Analyst (Senior and Level II)

Woodward, Inc • $72K — $110K *
Education, Government & Non-Profit
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Finance, or Economics required.
  • 2-5 years of experience for Financial Analyst II; 5+ years for Sr. Financial Analyst.
  • Working knowledge of FAR and DFARS regulations.
  • Proficient in cost analysis and financial modeling.
  • Strong analytical skills with a focus on data organization and accuracy.

Responsibilities

  • Learn Woodward's Cost Estimating and Pricing processes.
  • Develop FAR-compliant proposals with TINA compliance as necessary.
  • Collaborate with teams for accurate proposal data.
  • Assist in audits with DCAA and DCMA, providing necessary documentation.
  • Prepare audit request responses promptly and accurately.
  • Enhance processes for efficiency and compliance.
  • Prepare pricing and cost analysis reports for stakeholders.

Benefits

  • Opportunity to work in a collaborative, cross-functional environment.
  • Exposure to government contracting and financial analysis best practices.
  • Professional development and mentoring opportunities within the team.
Full Job Description
Government Proposal Financial Analyst II Key Responsibilities:
  • Learn and follow the processes defined in Woodwards Cost Estimating and Pricing manual.

  • Develop and prepare FAR Part 15 compliant proposals, ensuring full compliance with the Truthful Cost or Pricing Data Act (formerly TINA) when required.

  • Collaborate with cross-functional teams to gather required data and insights for proposal development.

  • Assist in interfacing with DCAA (Defense Contract Audit Agency) and DCMA (Defense Contract Management Agency) during audits, providing requested documentation and explanations.

  • Prepare responses to customer audit requests, ensuring clear communication and timely submission of required materials.

  • Support process improvement initiatives by identifying opportunities to enhance efficiency and compliance.

  • Read and understand Basis of Estimates (BOEs) and Bills of Material (BOMs), while developing a working knowledge of manufacturing processes.

  • Reporting: Preparing pricing, cost analysis, and audit support reports, and communicating financial information clearly to internal teams, customers, and government audit personnel.

  • Data Management: Collecting, organizing, and maintaining proposals, pricing, and actual cost data to ensure accuracy, completeness, and traceability of supporting documentation.

Key Skills:
  • Demonstrates commitment to quality and has a continuous improvement mindset.

  • Strong organizational skills with the ability to prioritize workload to meet deadlines.

  • Working knowledge of the Federal Acquisition Regulation (FAR) and DoD Federal Acquisition Regulation Supplement (DFARS)

  • Financial Analysis: Ability to perform detailed cost analysis, pricing analysis, and modeling using financial software and tools.

  • Accounting: Knowledge of accounting principles and practices as they relate to cost analysis, pricing, and proposal support.

  • Data Analysis: Strong data analysis skills, including the ability to collect, organize, and analyze proposals, cost, pricing, and actuals data.

  • Communication: Excellent written and verbal communication skills, including the ability to communicate complex financial information to non-financial stakeholders.

  • Problem Solving: Strong problem-solving skills, including the ability to identify and analyze pricing, cost, and proposal issues and recommend solutions.

  • Attention to Detail: Strong attention to detail and accuracy, including the ability to identify errors and discrepancies in financial data.

  • Time Management: Ability to manage multiple tasks and priorities, meet deadlines, and work independently.

  • Technical Skills: Proficiency in Microsoft Excel, ProPricer, SAP, and other pricing and analytical tools.

  • Business Acumen: Knowledge of the company's business, government contracting environment, and defense market dynamics.

Successful Candidates Will Typically Have
  • US – Bachelor's Degree in Arts/Sciences in Accounting, Finance or Economics required.

  • 2-5 years of experience in cost estimation, government contracting, or a related discipline.

Sr Government Proposal Financial Analyst Key Responsibilities:
  • Lead the development and preparation of FAR Part 15 compliant proposals, ensuring compliance with the Truthful Cost or Pricing Data Act (formerly TINA), as required, and providing strategic direction to cross-functional teams.

  • Perform advanced material and labor cost analysis, ensuring data is accurate, compliant, and aligns with organizational and regulatory objectives.

  • Serve as the primary point of contact with DCAA and DCMA during audits, managing communications, providing detailed documentation, and addressing inquiries with expertise.

  • Oversee and approve responses to customer audit requests, ensuring clear, effective, and timely communication while demonstrating a deep understanding of regulatory requirements.

  • Drive continuous improvement initiatives across proposal and pricing processes, identifying inefficiencies and implementing best practices to enhance compliance and productivity.

  • Provide expert-level review and analysis of Basis of Estimates (BOEs) and Bills of Material (BOMs), leveraging a strong understanding of manufacturing processes to ensure accuracy and reliability.

  • Analyze and interpret complex proposals, pricing, and actuals data from multiple sources, synthesizing insights to support pricing decisions and audit responses.

  • Mentor and guide junior pricing analysts, sharing expertise in cost estimation, pricing strategies, and FAR/DFARS compliance to support team development.

  • Manage competing priorities effectively, ensuring deadlines are met and results align with organizational objectives.

  • Proposal Related Reporting: Preparing pricing, cost analysis, and audit support reports to provide internal stakeholders with clear visibility into proposal and actual cost data.

  • Stakeholder Management: Building and maintaining relationships with internal stakeholders, customers, and government audit personnel to support proposals, pricing, and audit activities.

Key Skills:
  • Demonstrates commitment to quality and has a continuous improvement mindset.

  • Strong organizational skills with the ability to prioritize workload to meet deadlines.

  • Expert level knowledge of the Federal Acquisition Regulation (FAR) and DoD Federal Acquisition Regulation Supplement (DFARS)

  • Financial Analysis: Expertise in cost analysis, pricing analysis, and modeling, including the ability to analyze complex proposals and actual cost data.

  • Strategic Thinking: Ability to think strategically, analyze pricing and proposal trends, and develop insights and recommendations to support negotiation and compliance objectives.

  • Business Acumen: In-depth knowledge of the company's business, government contracting environment, and defense market trends, including an understanding of cost and pricing drivers.

  • Technical Skills: Proficiency in Excel, ProPricer, SAP, and other pricing and analytical tools.

  • Communication: Excellent communication skills, including the ability to communicate complex financial information to non-financial stakeholders.

  • Leadership: Ability to lead and coordinate cross-functional teams supporting proposal, pricing, and audit activities.

  • Problem Solving: Strong problem-solving skills, including the ability to identify pricing, cost, and compliance issues and recommend solutions.

  • Attention to Detail: Strong attention to detail and accuracy, including the ability to identify errors and discrepancies in financial data.

  • Time Management: Ability to manage multiple tasks and priorities, meet deadlines, and work independently.

Successful Candidates Will Typically Have:
  • US – Bachelor's Degree in Arts/Sciences in Accounting, Finance or Economics required.

  • 5 or more years of relevant experience in FAR Part 15 regulations, cost estimation principles, and government contracting practices.

Application window is anticipated to close 7 days from original posting date.

About Woodward, Inc

Woodward, Inc. is an independent designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. The company's innovative fluid, combustion, electrical, and motion control systems help customers offer cleaner, more reliable, and more efficient equipment. Woodward is headquartered in Fort Collins, Colorado, USA, and serves customers worldwide.
Learn more about Woodward, Inc
Size
7,200 employees
Market Cap
$5.6 billion
Industry
Net Income
$228.5 million
Founded
1870
5 Year Trend
+2.6%
Revenue
$2.3 billion
NASDAQ

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