Position Description & QualificationsSerco is looking for a Vice President (VP) of Financial Planning opportunity at a place you can make a difference every day? Discover this great opportunity at Serco Inc. for an experienced, highly motivated, hands-on VP of Financial Planning who will lead the corporate FP&A function and oversee all aspects of the budgeting and forecasting process as well as supporting our Defense Business Units having the Defense Finance Directors reporting into this role.
This multi-faceted role will also entail working closely with operations leadership and subject matter experts both inside and outside of Finance. This is a direct report to the Serco NA CFO and is a key member of the Business Management Leadership Team. Based in our Herndon, VA Headquarters, the person in this role will work closely with users in accounting operations, finance systems, tax, Gov't Compliance and business finance to analyze financial and non-financial data as well as implement system enhancements and participate in improvement initiatives related to finance and related business systems. The role leads an FP&A team of 6 and has nearly 70 Program Finance professionals reporting into the organization through the 3 BU Finance Directors. These Program Finance professionals are responsible for supporting the BU Vice Presidents, their P&L leaders and ultimately our Program Managers.
This role calls for a dynamic, well-rounded performer who thrives in a fast-paced, demanding environment. Key attributes we are seeking for this role include both the willingness to dig deeply into details, as well as the ability to assess the big picture. The selected individual will consistently demonstrate high levels of technical and professional skill and quickly assimilate new knowledge. The successful candidate will have a strong financial planning and analysis background, with significant experience in professional services and government contracting, as well as significant experience with Program and Financial Operations. They will utilize their financial analysis, modeling, and reporting experience to help the organization understand financial results and plan for future growth as well as leading our annual budgeting process. Strong background with financial and planning applications including Deltek Costpoint and Oracle EPM, along with managing the process of uploading data to the Group SAP BPC system. This position positively affects the company performance and will partner with senior leadership to drive enterprise level priorities.
Key areas of focus will include strategic planning and annual budget cycle planning, FPRP indirect rate development, strong partnership with VP Gov't Compliance, history in working with DCAA/DCMA, monthly forecasting and LBE process, variance analysis, indirect rate management and forecasting including working with the BU's and other functional leaders, Fringe benefit management, CAS & disclosure statement experience, M&A due diligence and integration modeling and integration, ownership of monthly BPR process & template, management of the Division Finance business rhythm and calendar, preparation of monthly DPR & quarterly BoD presentations, cash management & forecasting, FCF management & forecasting, utilization reporting, margin improvement reporting, EAC review, and various other ad-hoc requirements in support of the CFO and CEO. There will be significant interface with the Division Senior Leadership Team as well as Group leadership in the UK. Maintaining healthy UK Group relationships is key. The person in this role must have the ability to manage tight deadlines and have strong analytical, technical, and problem-solving skills complemented by excellent written and verbal communication skills including the ability to distill complex information into clear data-driven insights.
In this role you will:
- Leadership of the financial forecasting function, including reporting on financial performance for leadership reviews and providing analysis on operational and working capital performance. This position directly oversees a team of seven FTE.
- Leadership of the Defense portfolio Program Finance team, including support of the 3 Defense BU's and all associated programs.
- Formulating BU/Division strategy and implementing plans to achieve results consistent with broader company goals.
- Preparation of monthly "LBE" forecasting submissions and annual direct and indirect budgeting cycle in conjunction with business finance leads. Oversight of monthly program and financial submission of actual results to corporate consolidation team in the UK.
- Preparation of working capital and cash flow statements with detailed analysis.
- Modeling and creating forecasts of balance sheets and cash flow statements.
- Evaluating financial status and risks by analyzing actual results in comparison with budgets and forecasts while working closely with the finance team to ensure accurate financial reporting and decision support.
- Driving and providing thought leadership in improving current methods used in the collection of data, coordinating information requirements, delivering standardized reporting, and creating ad-hoc reports.
- Mentoring and professional development of the FP&A team to take on additional responsibilities and to ensure that we have duplicity in resources.
- Mentoring corporate department stakeholders and operations leaders to promote a better understanding of financial tools and metrics designed to enhance profitability.
To be successful in this role you will have:
- United States citizenship
- Bachelor's degree in area of specialty or equivalent and at least (15) fifteen years of combined experience including FP&A, Program Finance and Accounting.
- Or a Masters degree in area of specialty or equivalent and at least (13) thirteen years of comdined experience including FP&A, Program Finance and Accounting.
- (6) Six or more years of experience leading and developing a team of 10 FTE's or larger.
- Experience in revenue recognition and EAC review and management.
- (10) Ten or more years of experience in a government contracting environment. Thorough knowledge of indirect rate structures and experience with scenario modeling. Strong working knowledge of government contracting regulations including CAS, FAR and JTR.
- Familiarity in working with DCAA/DCMA, FPRP rate submissions and disclosure statement management.
- Advanced Proficiency in MS Excel Required. Experience developing tools with MS-Access a plus. Proficiency in Microsoft suite of tools (PowerPoint, Word, etc).
- Working knowledge of Deltek Costpoint General Ledger and Project Ledger modules required,
- Individual must be a self-starter, detail oriented and have the ability to be creative under tight deadlines.
- The position requires excellent analytical and critical-thinking skills.
- Travel up to 10%.
Additional desired experience and skills:
- Experience in reporting and analysis using Oracle EPM strongly preferred.
- Oracle EPM experience highly desired.
If you are ready for the next step in your career, please apply for immediate consideration.
