Program Finance Analyst 2
At a glance
Mid-level FP&A role at Draper. Cambridge · full-time · $75,000–$156,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Track schedule and cost results through Earned Value methods or comparable processes
- Help set program baselines and establish charge numbers and work breakdown structures
- Update program records in ERP or Cobra, explain budget differences and flag risks, opportunities and recovery actions
- Build completion estimates and time-phased forecasts, then prepare financial inputs for program and quarterly reviews
- Handle customer billing and collections, and report funding status, including funds facing cancellation
What you bring
- A bachelor's degree in accounting, finance or a related discipline
- Three to five years of relevant experience, with demonstrated use of Earned Value principles
- Working knowledge of financial controls for Department of Defense programs, federal acquisition rules and contract types
- Strong Excel skills, clear communication and the ability to analyze detailed financial information
Who this fits
This mid-level role suits someone comfortable working independently on program financial planning, analysis and reporting. The job is hybrid in Cambridge. Selected applicants may need to secure and keep a government clearance.
From the employer
Overview:
Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000+ employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.
Job Description Summary:
The Program Finance Analyst 2 collaborates with our internal and external customers as the business partner of choice to ensure they have the financial acumen, accuracy, and dedicated support to execute significant contracts in support of national defense.Job Description:
Duties/Responsibilities
• Provides timely and accurate metrics on schedule and cost performance utilizing Earned Value or related processes
• Supports all baseline development activities and development of charge numbers and WBS as applicable
• Provides updates/changes as required, for programs with and without Earned Value requirements, in applicable tools (ERP or Cobra).
• Provides analysis and reports on the performance variances to budget and assist with recovery plans as needed.
• Analyzes and reports risks & Opportunities to the baseline cost, schedule, and the EAC.
• Ensures timely maintenance of the Project-Activity Structure (Charge Numbers).
• Provides timely completion of the Estimate at Complete (EAC) process, processing time-phased estimate to complete updates, and EAC package support for Program Financial Planning and Reporting.
• Develops and Monitors the program level time-phased plan to support an overall program level view of revenue for forecast, budget, and 5-year planning processes.
• Provides the financial data inputs, analysis, and applicable variance narrative for Program Management Reviews (PMRs) and Quarterly Business -Reviews (QBRs)
• Provides timely invoicing and collection of customer receivables
• Reviews and communicates the status of program financials, including the status on funding, and disposition of funding that is subject to cancellation.
• Performs other duties as assigned
Skills/Abilities
• Able to use EVMS principles in daily operations with proven expertise
• Knowledge of program financial controls with DoD programs
• Knowledge of relevant federal acquisition regulations and standards such as CAS/FAR/DFARS
• Knowledge of different contract types (FFP, FPIF, CPFF, CPIF, T&M)
• Knowledge of relevant accounting subject matters, including revenue recognition
• Ability to present complex information to all levels of management
• Excellent verbal and written communication
• Proficient with Microsoft software applications
• Strong Excel skills
• Excellent analytical and problem-solving ability
• Ability to multi-task and is detail oriented
• Ability to ensure tasks are completed on time and accurate
• Self-starter that is capable of working independently
Education
Bachelor's in Accounting, Finance or relevant discipline, Master's Degree preferred
Experience
3-5 years of related experience
Additional Job Description:
Applicants selected for this position may be required to obtain and maintain a government security clearance.
Connect With Draper for Future Opportunities! If you don't find the right posting in our Career Opportunities, you may submit your resume for future consideration.
Job Location - City:
CambridgeJob Location - State:
MassachusettsJob Location - Postal Code:
02139-3563The US base salary range for this full-time position is
$75,000.00 - $156,000.00Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Union ranges will be in compliance with the collective bargaining agreement's approved rates by location and role. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and does not include bonuses or benefits.
Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now www.draper.com/careers.
Draper is committed to creating an inclusive environment. We understand the value of inclusivity and its impact on a high-performance culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, national origin, veteran status, or genetic information. Draper is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact hr@draper.com.