Finance Manager

Position Summary

The Finance Manager oversees all program-level financial performance, planning and forecasting, Estimates-at-Completion, and financial analysis for a high-profile DOD program. This position will report directly to the Director of Finance and will partner with the Program Management team to support contract deliverables, monthly and ad hoc reporting, establishment of cost controls, and support routine variance reporting. Additionally, this role will be responsible for annual operating plan activities, monthly forecasting, capital expenditure tracking, leave-vs-buy scenario analysis, financial modeling, estimates-at-completion (EACs), month-end close activities, and ensure adherence to financial compliance policies and procedures.

Essential Duties and Responsibilities

Duties include, but not limited to:

• Manage and oversee program financial management, financial performance, and variance reporting.
• Establish cost controls, prepare in-depth budgets, and perform analyses to ensure that contracts are within negotiated and agreed-upon parameters and government cost control guidelines.
• Manage and develop annual operating plans and monthly forecasting updates.
• Analyze financial information to determine current and future financial performance; develop recommendations to leadership regarding cost-saving or profit-generating prospects and profitability improvement strategies.
• Perform financial analyses and prepare variance explanations, estimates-at-completion (EACs), and monthly corporate and customer reports related to cost/schedule performance, staffing, and P&L forecasts.
• Ensure adequate funding availability by maintaining accurate records of expenditures, directing preparation of expenditure projections, and submitting timely requests for additional funding to the government.
• Coordinate and engage with Program Manager and Business Unit leadership to gather, analyze, summarize, and prepare recommendations regarding financial plans, capital investment activity, future requirements, evaluation notices, operating forecasts, cash flow, etc.
• Monitor and report progress on receivables, collections, and cash flow forecasting.
• Liaise between program management team, business unit leadership, and corporate back-office support functions; interface with senior management to provide adequate support to program operations.
• Support business development, proposals, and pricing activities in peer reviews to ensure compliance and accuracy for new business submissions, engineering change proposals, and rough order of magnitude estimates.
• Develop and maintain ad hoc reporting as required to support the analysis and measuring of financial performance
• Ensure time-sensitive submission of all customers required financial project deliverables and/or CDRLs.

Requirements

Minimum Requirements

• A minimum of eight (8) years of relevant finance experience
• Ability to understand contracts of various types (T&M, FFP, CPF, etc.)
• Familiar with Federal Acquisition Regulations (FAR), Joint Travel Regulations (JTR), and Defense Contract Audit Agency (DCAA)
• Experience working with federal civilian or DOD personnel, including geographically dispersed teams and stakeholders is preferred but not required
• Experience with accounting software and development of Work Breakdown Structures (WBS)
• Proficiency with Microsoft Office Suite, primarily MS Excel, to perform detailed analysis, financial modeling, and reporting
• Must be able to follow instruction, prioritize and meet strict deadlines
• High level interpersonal skills and be able to interact and communicate with individuals at all levels of the organization
• Self-directed and highly motivated with the ability to effectively operate in a rapid-growth, hands-on environment
• Ability to effectively present information to senior leadership in a clear, concise manner
• Ability to identify root causes and solve business problems; isolate trends and identify problems
• Ability to thrive in a fast-paced, customer service and collaborative team environment
• Prior experience supporting government contracts or job cost accounting; experience supporting FEDSIM awards strongly preferred
• Excellent oral and written communication skills
• Must be detail oriented and ability to multi-task

Education

• Bachelor’s degree in Business, related program, or equivalent experience

Other Qualifications 

• Able to maintain confidentiality regarding sensitive information and documents
• Experience with Deltek Costpoint and Cognos is preferred, but not required
• Adhere to the Generally Accepted Accounting Principles (GAAP), Sarbanes-Oxley and all corporate and contractual policies and procedures as they relate to contract financials

Travel

• Ability to travel up to 10% of the time

Special Note

The position is contingent upon candidate’s ability to meet physical and medical requirements as needed by the position; including compliance with all applicable federal, state, and local jurisdictional requirements.

Government or customer site-specific requirements may include, but are not limited to, proof of full COVID-19 vaccination status, except in circumstances where a candidate is legally entitled to an accommodation.

Company Policy

MAG Aerospace (MAG) is an Equal Opportunity/Affirmative Action Employer and is committed to Diversity and Inclusion. We encourage diverse candidates to apply to our positions.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.Click below for the “EEO is The Law” and “Pay Transparency Nondiscrimination” supplement posters.

https://www.dol.gov/agencies/ofccp/posters

MAG Aerospace (MAG) is committed to providing an online application process that is accessible to all, including individuals with a disability, by offering an alternative way to apply for job openings. This alternative method is available for those who cannot otherwise complete the online application due to a disability or need for accommodation.MAG provides reasonable accommodation to applicants under the guidance of the Americans with Disabilities Act (ADA), Section 503 of the Rehabilitation Act of 1973, the Vietnam-Era Veterans’ Readjustment Assistance Act of 1974, and certain state and/or local laws.

If you need assistance due to a disability, please contact the MAG Aerospace Recruiting email:Applicant.Assist@magaero.com or call (703) 376-8993.