Specialist - Financial Analyst, Bids & Proposals,L3Reference # 47742Waterdown, ONAbout the RoleDevelops, interprets and implements financial concepts for potential future bids and proposals. Performs analysis to determine present and future financial performance. Gathers, analyzes, prepares and summarizes recommendations for financial plans, acquisition activity, trended future requirements and operating forecasts. Provides analysis of profit and loss related to potential future orders. Responsible for the review and analysis of individual bid cash positions as well as short-term and long-term cash forecasts. May perform analysis in the areas of rates of return, depreciations, working capital requirements, investment opportunities, investment performance and impact of governmental requirements.
This role is within the Program Finance and Pricing Team at the WESCAM Division, reporting to the Manager, Pricing & Programs Finance. The team consists of financial business partners who support various major departments and functions. Specifically, this position provides finance support to the Bids and Proposals / Business Development process, with a focus on providing financial analysis, pricing justification and proposal review package in support of winning contracts with customers. Additionally, being part of the core team and lead the annual update and routine maintenance of the Divisions Pricebook is one of the key responsibilities.
Primary Responsibilities - Develop and maintain financial models, templates, and analysis required to evaluate proposal financials and support the bid review, Gate, and approval process.
- Support major proposals and Gate review meetings by preparing financial analysis, pricing information, and presentation materials.
- Support pricing decisions through historical pricing analysis, scenario modelling, and cost/price comparisons.
- Analyze Bills of Materials (BOMs), cost inputs, and program assumptions for custom product offerings and provide costing and pricing recommendations.
- Maintain the accuracy and integrity of the WESCAM Pricebook, including updates to pricing, costing, and supporting data.
- Provide financial guidance and support to Bids & Proposals, Program Management, Engineering, Supply Chain, Contracts, and other functional teams on proposal and program financial matters.
- Support price justification, PSPC requirements, Contract Acceptance, and related commercial activities.
- Support WESCAM spare-part pricing analysis and maintain related pricing tools and databases.
- Support proposal activities across divisions, and other strategic opportunities, as assigned.
- Identify opportunities to improve pricing, costing, reporting, and proposal processes and implement agreed process enhancements.
- Develop and maintain standard operating procedures and process documentation to support consistent execution and knowledge sharing.
- Provide guidance and knowledge sharing to less experienced team members as required.
Required Capabilities - Expert MS Excel skills (formulas and chart-generation)
- Advanced knowledge in other MS Office suite software (PowerPoint, Word)
- Strong organization skills and ability to manage competing priorities
- Quick learner with exceptional attention to detail
- Ability to work independently as well as in a team
- Excellent written and verbal communication skills
- Ability to work in a fast-paced environment
- Financial modeling and financial statement analysis
- Prior experience in planning & budgeting preferred
- CPA or working towards CPA Designation would be an asset
Desired Education and Experiences - Requires proficient knowledge of job area
- Typically viewed as having a specialty within discipline
- May have practical knowledge of project management
- Bachelor's Degree and minimum 4 years of prior relevant experience
*This posting is for a current vacancy. In the province of Ontario, Canada, the pay range for this position will be $70,000 to $100,000
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