The Charles Stark Draper Laboratory

Program Finance Analyst - Entry level

Aerospace & Defense
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field; Master's preferred
  • 3-5 years of relevant experience in program finance analysis
  • Familiarity with Earned Value Management principles
  • Understanding of DoD program financial controls and federal acquisition regulations
  • Strong analytical skills and problem-solving capability

Responsibilities

  • Provide metrics on cost and schedule performance using Earned Value processes
  • Support baseline development and charge number creation
  • Update program metrics in relevant ERP systems
  • Analyze performance variances and assist with recovery plans
  • Report on financial risks and opportunities to the baseline
  • Maintain the Project-Activity Structure for accurate tracking
  • Complete Estimate at Complete (EAC) process and support financial planning

Benefits

  • Work-life balance programs with workplace flexibility
  • Employee clubs and activities, such as photography and yoga
  • Health and finance workshops
  • Social events and cultural activity discounts
  • Opportunity to work for a nationally recognized R&D innovation company
Full Job Description

Job Description Summary:

The Program Finance Analyst I collaborates with our internal and external customers as the business partner of choice to ensure they have the financial acumen, accuracy, and dedicated support to execute significant contracts in support of national defense.

Job Description:

Duties/Responsibilities
• Provides timely and accurate metrics on schedule and cost performance utilizing Earned Value or related processes
• Supports all baseline development activities and development of charge numbers and WBS as applicable
• Provides updates/changes as required, for programs with and without Earned Value requirements, in applicable tools (ERP or Cobra).
• Provides analysis and reports on the performance variances to budget and assist with recovery plans as needed.
• Analyzes and reports risks & Opportunities to the baseline cost, schedule, and the EAC.
• Ensures timely maintenance of the Project-Activity Structure (Charge Numbers).
• Provides timely completion of the Estimate at Complete (EAC) process, processing time-phased estimate to complete updates, and EAC package support for Program Financial Planning and Reporting.
• Develops and Monitors the program level time-phased plan to support an overall program level view of revenue for forecast, budget, and 5-year planning processes.
• Provides the financial data inputs, analysis, and applicable variance narrative for Program Management Reviews (PMRs) and Quarterly Business -Reviews (QBRs)
• Provides timely invoicing and collection of customer receivables
• Reviews and communicates the status of program financials, including the status on funding, and disposition of funding that is subject to cancellation.
• Performs other duties as assigned

Skills/Abilities
• Able to use EVMS principles in daily operations with proven expertise
• Knowledge of program financial controls with DoD programs
• Knowledge of relevant federal acquisition regulations and standards such as CAS/FAR/DFARS
• Knowledge of different contract types (FFP, FPIF, CPFF, CPIF, T&M)
• Knowledge of relevant accounting subject matters, including revenue recognition
• Ability to present complex information to all levels of management
• Excellent verbal and written communication
• Proficient with Microsoft software applications
• Strong Excel skills
• Excellent analytical and problem-solving ability
• Ability to multi-task and is detail oriented
• Ability to ensure tasks are completed on time and accurate
• Self-starter that is capable of working independently

Education
Bachelor's in Accounting, Finance or relevant discipline, Master's Degree preferred

Experience:
3-5 years of related experience

Additional Job Description:

Applicants selected for this position will be required to obtain and maintain a government security clearance.

Job Location - City:

Cambridge

Job Location - State:

Massachusetts

Job Location - Postal Code:

The US base salary range for this full-time position is

$62,500.00 - $140,000.00

Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Union ranges will be in compliance with the collective bargaining agreement's approved rates by location and role. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.  Please note that the compensation details listed in US role postings reflect the base salary only, and does not include bonuses or benefits.

Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now www.draper.com/careers.

About The Charles Stark Draper Laboratory

Draper Laboratory is an American non-profit research and development organization, headquartered in Cambridge, Massachusetts; its official name is The Charles Stark Draper Laboratory, Inc. The laboratory specializes in the design, development, and deployment of advanced technology solutions to problems in national security, space exploration, health care and energy. The laboratory was founded in 1932 by Charles Stark Draper at the Massachusetts Institute of Technology to develop aeronautical instrumentation, and came to be called the MIT Instrumentation Laboratory. During this period the laboratory is best known for developing the Apollo Guidance Computer, the first silicon integrated circuit based computer. It was renamed for its founder in 1970, and separated from MIT in 1973 to become an independent, non-profit organization. The expertise of the laboratory staff includes the areas of guidance, navigation, and control technologies and systems; fault-tolerant computing; advanced algorithms and software systems; modeling and simulation; and microelectromechanical systems and multichip module technology.
Learn more about The Charles Stark Draper Laboratory

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