Financial Analyst 2

$55,728 - $80,000/Yr

Huntington Ingalls Industries - Norfolk, VA

posted about 2 months ago

Full-time - Mid Level
Remote - Norfolk, VA
5,001-10,000 employees
Transportation Equipment Manufacturing

About the position

The Financial Analyst 2 position at Huntington Ingalls Industries (HII) involves supporting the finance team in budgeting, forecasting, and financial reporting. The role requires collaboration with various departments to ensure accurate financial data and reporting, contributing to the overall financial health of the organization. The analyst will assist in preparing reports for senior leadership and will be involved in financial analysis projects to identify trends and opportunities.

Responsibilities

  • Assist in timely preparation of weekly, monthly and quarterly reporting as well as special projects as required.
  • Assist and build on current models to forecast financials and operational KPIs; Implement FP&A best practices, procedures and processes to drive forecast & planning, business insight and analysis to support senior leadership team.
  • Assist and support AOP, indirect rate forecasting and variance analysis.
  • Assist with preparation and maintenance of financial models and tools; learn and understand the budget forecast model, propose enhancements for accuracy, relevance, changing business, changing markets, etc.
  • Ensure reporting systems and source data are accurate and reconciled.
  • Understand and assist with the analysis of business unit's monthly/quarterly financial results (vs. forecast, prior year, AOP) and clearly articulate themes and performance drivers; this includes efforts to understand root causes of variances.
  • Gather and manage data from multiple sources for analysis; identify trends, extract insights and deliver actionable presentations of findings.
  • Support internal and external financial and management reporting.
  • Coordinate monthly/quarterly reporting, validate accuracy and assist Finance team in creation of analysis and presentations for executive leadership.
  • Co-collaborate cross functionally as a 'business partner' to drive continuous improvement in reporting, forecasting, budgeting and analysis processes.
  • Propose improvements to financial reporting templates and general FP&A related business practices.
  • Conduct ad-hoc financial analysis/special projects to assist management in understanding business performance.
  • Analyze actual results to understand variances and revise projections as appropriate.
  • Assist with the identification of company risks and opportunities.
  • Monitor costs and manpower on a weekly basis ensuring that actuals are within budget.
  • Assist with ensuring accurate and complete variance analysis and reporting.

Requirements

  • 3 years relevant experience with Bachelors in related field; 1 year relevant experience with Masters in related field; or High School Diploma or equivalent and 7 years relevant experience.
  • Client Requirements: 2-4 years relevant progressive experience with Bachelors in related field; 0-2 years relevant experience with Masters in related field; or High School Diploma or equivalent and 8-10 years relevant progressive experience.
  • Ability to understand and resolve financial problems effectively.
  • Excellent communication and interpersonal skills.
  • Skilled in research and analysis.
  • Working knowledge of Excel and Microsoft suite. Ability to learn and understand various business ERP systems (Deltek Costpoint, Onestream).
  • Strong analytical abilities; detail oriented.
  • Strong customer service focus.

Nice-to-haves

  • Experience with Deltek Costpoint and Onestream ERP systems.
  • Knowledge of FP&A best practices.

Benefits

  • Best-in-class medical, dental and vision plan choices
  • Wellness resources
  • Employee assistance programs
  • Savings Plan Options (401(k))
  • Financial planning tools
  • Life insurance
  • Employee discounts
  • Paid holidays and paid time off
  • Tuition reimbursement
  • Early childhood and post-secondary education scholarships
  • Bonus/other non-recurrent compensation occasionally offered for qualified positions.
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