Program Finance Business Manager

About the position

Supervise Program Finance staff of financial analysts to establish internal forecasts, estimates at complete, and perform financial analysis using Earned Value Management. Interact with customers to develop working relationships and to maintain a continuous and productive financial relationship. Work closely with program office on key financial metrics including orders, sales, EBIT, cash, and resource planning and with FP&A to establish product line Annual Operating Plan (AOP) and monthly Short-Term Forecasts (STF). Utilize strong financial capabilities and effective communication to convey program and product line status to program office and senior management, identify any issues early, and work to establish any mitigation necessary in a timely manner. Utilize EVMS processes, focusing on cost and schedule integration, to establish program EACs.

Responsibilities

• Develop Annual Product Line Plans for Key Metrics (Annual Operating Plan, Monthly forecasts): Orders, Sales, EBIT, Cash, Net Cash, Throughput
• Using EVMS processes with a focus on cost and schedule integration, work with Cost Account Managers, Program Managers, and Financial Analysts to develop program EACs.
• Tracking Trends in Performance for SPI/CPI, IEACs, TCPI
• Timely preparation of monthly Internal Program Reviews with key focus on preparing team of FA, PM, PE, and Schedule to present effectively and provide support.
• Perform Risk & Opportunity analysis with early identification of R&Os to program EACs and forecasts.
• Early warning of EAC issues
• Establishing risk mitigation plans
• Identifying opportunities for EBIT / ROS improvement
• Supporting Sales Acceleration initiatives
• Ability to communicate with multiple levels of the organization to include, but not limited to, Senior Level Program Team, Financial Planning & Analysis, Accounting, SOX, Outside Audit Firms, Program Finance Team.
• Support of internal and external audit requests.
• Lead staff of financial analysts to build organizational talent by providing regular performance feedback, identifying opportunities for improvement and/or professional growth, conducting talent reviews and developing succession plans.
• Review any program baseline/re-baseline budgets
• Provide meaningful analysis of cost and schedule performance and associated data to members of project teams.
• Responsible for managing the preparation of monthly program financial results and monthly forecasts for relevant business segment.
• Analyze income and profit margins from contracts as well as program balance sheet items.
• Explain the variations between actual results and forecasts.
• Monitor program cost compliance with CAS, FAR, and contractual obligations.
• Monitor overhead costs in relevant departmental overhead pools.
• Prepare, update, and analyze financial models.
• Participate in monthly program management and corporate business reviews.
• Participate in cost and price reviews for proposals.
• Help create financial analyst basis of estimates (BOEs) for future proposals.
• Execute process improvements as directed by management.
• Ad hoc duties as assigned.

Requirements

• University degree in finance or accounting.
• Five years of relevant experience.
• Ability to work in a team setting.
• Ability to manage staff.
• Analytical ability and autonomy.
• Ability to work under deadlines and multitask.
• Results-oriented with strong attention to detail.
• Knowledge of the International Financial Reporting Standards (IFRS), Cost Accounting Standards (CAS) an asset.
• Good knowledge of Microsoft Office (Excel, Project, Word and PowerPoint).
• Proficient understanding of Earned Value Principles with an emphasis on cost & schedule integration.

Nice-to-haves

• Strong background in government contract accounting and compliance.
• Cost-Type contract accounting experience.
• Knowledge of standard accounting software, preferably Deltek (Cost Point, Cobra).
• Clearance if desired.

Benefits

• Comprehensive and competitive benefits package and flexibility that promotes work-life balance.
• A work environment where all employees are valued, respected and safe.
• Freedom to succeed by enabling team members to deliver, take initiatives and make decisions.
• Recognition, professional development, advancement and having fun!