What are the responsibilities and job description for the FINANCIAL ANALYST 2 position at HII?
Req ID: 37631
Team: 65 Supply Chain Mgmt
Entity: Ingalls Shipbuilding
Team: 65 Supply Chain Mgmt
Entity: Ingalls Shipbuilding
US Citizenship Required for this Position: Yes
Full-Time
Shift: 1st
Relocation: No relocation assistance available
Virtual/Telework Opportunity: Yes - Occasional or hybrid telework available
Shift: 1st
Relocation: No relocation assistance available
Virtual/Telework Opportunity: Yes - Occasional or hybrid telework available
Travel Requirement: No
We’re building tomorrow’s fleet today
With more than 11,000 employees, HII’s Ingalls Shipbuilding division is the largest manufacturing employer in Mississippi and a major contributor to the economic growth of Alabama. For nearly 85 years, we’ve designed, built and maintained amphibious ships, destroyers, and cutters for the U.S. Navy and the U.S. Coast Guard. The largest supplier of U.S. Navy surface combatants, we’re simultaneously building four classes of ships and have pioneered the development and production of technologically advanced, highly capable ships for the surface Navy fleet for decades. Think that’s cool? Keep reading:
With more than 11,000 employees, HII’s Ingalls Shipbuilding division is the largest manufacturing employer in Mississippi and a major contributor to the economic growth of Alabama. For nearly 85 years, we’ve designed, built and maintained amphibious ships, destroyers, and cutters for the U.S. Navy and the U.S. Coast Guard. The largest supplier of U.S. Navy surface combatants, we’re simultaneously building four classes of ships and have pioneered the development and production of technologically advanced, highly capable ships for the surface Navy fleet for decades. Think that’s cool? Keep reading:
Job Description
Performs analysis of major acquisition proposals for equipment, material or services used in the construction of U.S. Navy and Coast Guard ships. Cost and price analyses are performed in strict compliance with the Federal Acquisition Regulations (FAR), Defense Federal Acquisition Regulations Supplement (DFARS), Cost Accounting Standards (CAS), and Generally Accepted Accounting Practices (GAAP), in addition to internal Policies & Procedures, Supplemental Guidance, and Work Instructions.
- Performs fact finding audits of Supplier/Subcontractor cost proposals and supporting cost or pricing data; develops and composes cost analysis reports based on audit findings providing recommendations on the reasonableness of material, labor, and overhead costs; and actively participates in the subsequent negotiation of major equipment acquisitions.
- When cost or pricing data is not required, performs price analysis of firm fixed, time and material, labor hour, and cost reimbursable price proposals, using FAR techniques and practices to ensure price reasonableness, and ensures that cost realism and the proper cost controls are in place for cost reimbursable acquisitions.
- Actively supports Strategic Sourcing and Category Management initiatives, analyzes data to assist in source selection, and supports the establishment of best-practice cost savings and compliance tracking solutions.
- Assists with design and implementation of multi-year option agreements and pricing agreements for major equipment and commodities using economic price adjustments, and calculates present value when an option agreement is exercised.
- Develop solutions to complex problems which require the regular use of ingenuity and innovation. Ensures solutions are consistent with organization objectives.
- Most assignments are complex and performed independently without appreciable direction. Exercises considerable latitude in determining objectives and approaches to assignment.
Basic Qualifications
Bachelor's Degree in related field with 3 years of experience; Master's Degree with 1 year of experience
Preferred Qualifications
- Prior experience performing Cost and Price Analyses of Subcontractor/Supplier Proposals, in strict compliance with Federal Acquisition Regulations (FAR) and Defense Federal Acquisition Regulations Supplement (DFARS), to analyze price reasonableness and develop negotiation objective recommendations.
- Expert proficiency in effective business writing and Microsoft Office products, particularly Excel.
- Experience supporting and participating in Cost/Price Negotiations.
- Proficiency in the concepts, standard practices, and application of Government subcontracting cost and pricing principles, including FAR, DFARS, CAS, and GAAP.
Why HII
We build the world’s most powerful, survivable naval ships and defense technology solutions that safeguard our seas, sky, land, space and cyber. HII’s diverse workforce includes skilled tradespeople; artificial intelligence, machine learning (AI/ML) experts; engineers; technologists; scientists; logistics experts; and business administration professionals.
We build the world’s most powerful, survivable naval ships and defense technology solutions that safeguard our seas, sky, land, space and cyber. HII’s diverse workforce includes skilled tradespeople; artificial intelligence, machine learning (AI/ML) experts; engineers; technologists; scientists; logistics experts; and business administration professionals.
Recognized as one of America’s top large company employers, we are a values and ethics driven organization that puts people’s safety and well-being first. Regardless of your role or where you serve, at HII, you’ll find a supportive and welcoming environment, competitive benefits, and valuable educational and training programs for continual career growth at every stage of your career.
Working at HII is more than a job - it’s an opportunity to build a future. We offer comprehensive benefits including: medical, prescription drug, dental and vision plan choices, on-site health centers, tele-medicine, wellness resources, employee assistance programs, savings plan options (401K), financial education and planning tools, life insurance, tuition reimbursement, employee discounts, early childhood and post-secondary education scholarships, and more. Some benefits may vary depending on your specific division or work location.
Together we are working to ensure a future where everyone can be free and thrive.
Today’s challenges are bigger than ever, and the nation needs the best of us. It’s why we’re focused on hiring, developing and nurturing our diversity. We believe that diversity among our workforce strengthens the organization, stimulates creativity, promotes the exchange of ideas and enriches the work lives of all our employees.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, physical or mental disability, age, or veteran status or any other basis protected by federal, state, or local law. U.S. Citizenship may be required for certain positions.
Do You Need Assistance?
If you need a reasonable accommodation for any part of the employment process, please send an e-mail to buildyourcareer@hii-co.com and let us know the nature of your request and your contact information. Reasonable accommodations are considered on a case-by-case basis. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address.
Additionally, you may also call 1-844-849-8463 for assistance. Press #1 for Ingalls Shipbuilding.
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