Director, Program Finance

- Senior

Palm Bay, FL

About the position

L3Harris Corporation’s Advanced Combat Systems sector is seeking a Program Finance Director in Palm Bay, FL to support growing business pursuits. This position will be responsible for managing, preparing, administering, and directing cost control of the budget for large and/or complex programs. This position will report to the VP of Finance for the Airborne Combat Systems Sector.

Responsibilities

• Lead, direct and review the work of direct report(s) with focus on policy and strategy implementation to ensure that contracts, proposals, pricing, billings and forecasting, are within negotiated and agreed-upon parameters and government cost control guidelines.
• Develop financials for annual operating plans and strategic plans.
• Provide comprehensive weekly/monthly revenue and project profitability variance analysis against monthly spends, budget and forecasts.
• Implement and maintain Order, Sales, Profit, and Cash Flow weekly tracking sheet to present to VP, providing program management and program finance inputs, variance analysis against current year plans.
• Work with program management and functional disciplines to ensure program plans and execution are compliant with company standard practice of integrating cost and schedule using earned value management guidelines.
• Assess and quantify cost/schedule/technical status and risk, evaluate program trends, and provide project cost completion estimates.
• Perform analyses, prepare reports and communicate with parties within and outside of the organization which includes customers or vendors.
• Problem solve and conduct investigations to identify root cause and develop improvements to practices or approaches to mitigate scheduling risks.
• Conduct briefings with senior leadership regarding matters of importance to budget control for programs and to explain and influence changes.
• Incorporate contractual changes into control systems by staying aware of outstanding work against each contract to maintain realistic contract cost and schedule baselines.
• Ensure adequate funding availability by maintaining accurate records of expenditures, directing preparation of expenditure projections, and submitting timely requests for additional funding to the government.
• Forecast major aspects of working capital such as cash flow, inventory, accounts receivables, unbilled and deferred revenue to monitor and analyze companies underlying operational efficiency.
• Establish revenue recognition methodology for programs.
• Support internal and external audits.

Requirements

• Bachelor's degree in Business, Accounting or Finance required, with a minimum of 11 years of prior related experience, or Graduate Degree with a minimum of 9 years of prior related experience. In lieu of a degree, minimum of 15 years of prior related experience.

Nice-to-haves

• 5+ years' of Program Financial management experience.
• 3+ years’ setting up and monitoring cost control system on contracts requiring validated cost schedule control system.
• Knowledge in Finance program interface for proposals, billings, cost control and other financial controls.
• Experience in the managing of finance in the defense and aerospace industry highly preferred.
• Working knowledge of Cost Accounting Standards and Federal Acquisition Regulations.
• Experience in EVMS and/or Microsoft Project a plus.
• Ability to work with management and other functional areas in a fast-paced multiple project environment with changing priorities.