Program Finance Manager (Hardware Programs)

Worker Type
RegularJob Description
Summary
The Program Finance Manager (Hardware Programs) brings both a strategic and operational focus to the Finance team for program planning and financial operations, with a particular emphasis on delivery of solid financial plans and improved compliance and controls. This role will partner closely with Product Management, Engineering, Operations, Supply Chain, Sales, and Finance leadership to evaluate product profitability, manage budgets, analyze costs, and support informed business decisions throughout the product lifecycle. In this role, one provides financial guidance based on organizational goals and company policy.The ideal candidate combines strong financial and analytical skills with an understanding of hardware products, manufacturing economics, inventory, and cross-functional operations.Position Responsibilities
Provides monthly forecasting and variance reporting, preparation of monthly financial information in support of reviews by Senior Management for hardware product line.Ensures compliance with internal procedures and government procurement regulations. Monitors and ensures implementation of financial policies (including but not limited to: Revenue Recognition, Timekeeping, Cost, Inventory, Estimating System compliance, etc). Provides day-to-day financial direction to product line managementSupports internal and external audits. Continually reviews and challenges program Estimates at Complete (EAC), ensuring appropriate profit margins are recognized. Identifies, analyzes, and monitors issues that affect profitability, growth, and productivityOversees program cost control activities;
understand and participate in the control of costs and schedules on contracts requiring validated cost/schedule control systemOversees the preparation of budgets and schedules for specific programs and financial analyses such as funding profiles, sales outlook, and variance analysisSupports Indirect Department Budgeting for the assigned departments including utilization reviews and detailed variance analysisSupports Proposal activity for new captures including negotiations while working with home office proposal / costing team to develop compliant price / cost volumesAssists in the development of detailed integrated master Program Schedules for on-contract, internal research and development & new capturesWorks on issues of diverse scope where analysis of situation or data requires evaluation of variety of factors, including an understanding of current business trends. Acts as advisor to subordinates to meet schedules and/or resolve technical problemsWorks with Cost Accounting to develop and maintain a working knowledge of Bills of Material (BOMs), including the relationship between product configuration, material content, quantities, and associated costs, to support accurate financial analysis and product cost assessments.Partners with subcontractors and Supply Chain to understand and assess cost variances for key components and services, identifying the underlying drivers and potential implications for product cost and profitabilityTranslates product cost variances, supplier changes, and supply chain constraints into financial and business impacts, including implications for business plans, forecasts, margins, and overall program performanceMakes sound business impact assessments and recommendations when complete or reliable information is not available, applying financial judgment, available data, and an understanding of operational and commercial considerations to inform timely decisionsOther duties as assignedBasic Qualifications (Required Skills & Experience)
Bachelor's degree in Finance, Accounting or Business Administration is required or equivalent combination of education, training, and experienceMinimum of 10+ years' experience in relevant disciplines plus minimum of 2 years in a leadership roleExperienced in and knowledgeable of costing and pricing complex manufactured products and development contractsExperienced in Government Cost accounting principles and FARExperienced in and knowledgeable of ASC-606\ "Revenue from Contracts with Customers\ "Has current expertise in: 1) MS Office Suite (especially MS Excel (including v-lookups, conditional formatting, and pivot tables), 2) Hyperion, 3) ERP System such as Oracle EBS, 4) ProPricer, 5) MS Project/or Fast Track desirableDemonstrated awareness and interest in business operations including the ability to help create business strategies and objectivesOther Qualifications & Desired Competencies
Experience supporting hardware, aerospace, defense, industrial, electronics, or manufacturing product line.Advanced degree is preferredDemonstrates understanding of business activities with a view broader than just the finance functionStrong analytical, presentation, business writing and problem solving skillsAbility to communicate information, both orally and in writing, to customers as well as the
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