Analyst II - Program Finance

DRS Technologies Melbourne , FL 32901

Posted 6 months ago

DRS Technologies, Inc.

DRS Technologies is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide. Focused on defense technology, we develop, manufacture and support a broad range of systems for mission critical and military sustainment requirements, as well as homeland security.

Headquartered in Crystal City, VA, the Company is a wholly owned subsidiary of Finmeccanica S.p.A. which employs more than 70,000 people worldwide. We offer a competitive compensation package and a business culture which rewards performance. For additional information on DRS, please visit our website at

Company Overview

DRS NIS is located on the East coast of Florida in Melbourne. DRS NIS is a leading designer and manufacturer of highly engineered, technically advanced, defense electronics for U.S. and allied international military and intelligence agency applications. DRS NIS manufactures rugged communications interfaces serving military Command, Control, Communications, Computer, Intelligence and Surveillance (C4ISR) initiatives. Products include hand-held devices, targeting scopes, night vision optics, laptop computers and vehicle-mounted systems supporting man-portable and fighting vehicle applications. DRS specialize equipment that allows communication between broad spectrum of battlefield interfaces.

Job Title

Analyst II Program Finance

Job Location

Melbourne, FL

Position Summary

Analyze, plan and understand the company's financial position, support, baseline planning, and actual cost verification, preparation of Estimates at Completion (EAC), variance analysis, manpower projections, revenue and profit forecasting. Provide general support to the Program Manager/Program Team with business and financial analysis, and, financial reports for Site Management.

Duties and Responsibilities

  • Provide support of the Financial & Program Analysis management functions to the department

  • Understand the Annual Operating Plan (AOP) and the Strategic Guide Plan process and help prepare program bookings, revenue, operating profit, investment and cash flow data

  • Understand how job costs are collected and billed on all contract types

  • Obtain agreement on previously determined goals and objectives through negotiation, persuasion and advocacy

  • Establish, develop and maintain effective business relationships with internal and external customers

  • Support negotiations with the government, industry prime contractors and foreign customers

  • Conduct difficult analytical studies, monitor trends and be able to accurately interpret the results

  • Support of government compliance and audit activities

  • Understand Standards of Conduct to include: Conflicts of Interests; Improper Practices; Liability and Fraud

  • Understand Contract design and structure to include: FFP; CPIF; CPFF; CPAF; BOA; IDIQ; Foreign Military Sale (FMS); and International Direct Commercial Sale (DCS), and, competitive and sole source procurements

  • Strong grasp of generally accepted accounting principles and a working knowledge of the Cost Accounting Standards (CAS) and IFRS

  • Support Proposal Preparations including: Bid No Bid requirements; Cost Estimating; Pricing; RFP Review; Risk Mitigation; and Negotiation

  • Understand Source Selection Evaluation Process to include Cost & Price Analysis, Discussions, Debriefings and Protest

  • Program & Finance: Basis of Estimate (BOE) preparation; Budget preparation, reporting and management; Cost & Variance Analysis; Earned Value Management Systems (EVMS); Estimate at Completion (EAC); Cash Management/Working Capital; Forecasting; Contractual Reporting (CDRL, EVM, Cost & Pricing, C/SSR); Risk Management; Return on Investment (ROI); Audit preparation and management; and Program Review preparation

  • Supports, communicate, reinforce and defend the mission, values and culture of the organization

  • Maximize IT utilization through electronic commerce and ERP/Oracle implementation

  • General Business Operations Knowledge to include: Management principles; Business Development; HR; Operations; Finance; Accounting; Economics; and Information Technology

  • Ability to interact effectively at all levels and across diverse cultures

Basic Qualifications (include education and years of experience required)

  • Bachelors Degree in Business, Finance, Accounting or related field and at least three years of progressive experience in a government manufacturing environment

  • MA, MS and/or Professional Certification is highly desirable

  • Working knowledge of the FAR, DFAR, CAS & SOX

  • Understand financial analysis principles and have financial analysis skills

  • Working knowledge of IR&D/B&P/Direct Sell and Allowable vs. Unallowable Cost

  • Strong computer skills (MS Office Suite , MS Project, Visio, Oracle, Pro Pricer)

  • Deltek Costpoint experience preferred

  • Strong analytical skills and attention to details

  • Intermediate excel skills to include the use of pivot tables

  • Ability to multi-task, works well in a fast paced environment and is comfortable with deadlines

Physical Requirements (Lifting, Walking, Bending, Stooping kneeling etc)

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to sit, walk, talk or hear. The employee is frequently required to use hands to finger, handle, or feel. The employee is occasionally required to stand; walk and reach with hands and arms. The employee must occasionally lift and/or move up to 15 pounds.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually quiet.

DRS Technologies, Inc. is an equal opportunity/affirmative action employer. We consider applicants without regard to race, color, religion, creed, gender, national origin, age, disability, genetic information, marital or veteran status, or any other category protected by federal, state or local law. #EOIS

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Analyst II - Program Finance

DRS Technologies