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Financial Analyst 3 -HYBRID

Company: HII Fleet Support Group
Location: Norfolk
Posted on: November 22, 2022

Job Description:

Requisition Number:9919Required Travel: 0 - 10%Employment Type:Full Time/Salaried/ExemptHours Per Week:40Security Clearance:No ClearanceLevel of Experience:MidJob DescriptionMission Technologies, a division of Huntington Ingalls Industries is seeking aFinancial Analyst III is responsible for planning, tracking, analysis and reporting of performance on a large complex contract. The Financial Analyst III is a key member of the program team and works directly with the Finance Manager & Program Manager to help define the project's goals and objectives; and recommends actions to improve progress and performance. The Financial Analyst III will have significant interface with Program/Project Managers, senior technical staff, as well as other functional organizations including contracts, finance, accounts receivable, subcontract management and procurement."Position requires flexibility to work occasional non-standard work hours and work weeks of more than 40 hours to meet business, customer, and contractual requirements. Additionally, position requires flexibility as duties and responsibilities may be adjusted to meet business, customer, and contractual requirements."Essential Job ResponsibilitiesPrepare, coordinate, and document complex financial analysis. Provide cost, schedule and funding planning, reporting, monitoring and forward-looking analysist support to Finance Manager & Program Manager including Work Breakdown Structures (WBS), Basis of Estimates (BOEs) and development of time-phased forecast and budget schedules.Lead project set up in compliance with contractual terms, conditions and requirements.Prepare program financial Estimates at Complete (EAC) and meet deadlines for submission requirements.Identify project risks and opportunities and provide analytical contribution in working resolution with PM, Contracts, Procurement and Finance/Accounting.Review and assess all contract modifications. Advise the program management team of impacts as necessary.Monitor costs and manpower on a weekly basis ensuring that actuals are within budget and charged to the correct job number. Process cost transfers as required.Perform analytical review and arithmetic checks of cost reporting documentation.Understand causes of financial trends & anomalies. Prepare accurate and complete variance analysis and reporting.Prepare/Support Internal Program Review (IPR) presentations for management.Prepare financial Contract Data Requirements (CDRL) for programs. Ensure contractual requirements are met and customer financial deliverables are accurate and on time.Perform ad-hoc financial analysis on the contract as requested.Monitor funding status, providing reliable and timely notification of funding status by line item detail as required.Support accounts receivable as required during the billing processing. Monitor billing status and unbilled issues, working with Finance, Contracts, Accounting and PMO to resolve issues in a timely manner.Prepare subcontractor and vendor accruals as services/goods are received in accordance with GAAP and internal policies to ensure that the project's cost/commitment is accurately captured and reported internally and externally.Ensure program revenue and profit is recorded in compliance with the EAC.Analyze profit risks and opportunities and advise management on the optimal path forward.Ensure adherence to Generally Accepted Accounting Principles (GAAP), Sarbanes-Oxley, FAR, JTR and all company policies and procedures as they related to contract performance and financials.Minimum Qualifications6 years relevant experience with Bachelors in related field OR4 years relevant experience with Masters in related field ORHigh School Diploma or equivalent and 10 years relevant experience.Candidates must possess a strong background working with multiple government contract types: FFP, FPI, FPLOE, T, CPAF, CPFF, CPIF, and hybrid contractsThis opportunity resides with Live, Virtual, Constructive Solutions, a business group within HII's Mission Technologies division. As a trusted partner to our military customers, we design, develop and operate systems that bring together service members from across the globe to help you train like you fight, because we understand that preparation requires full coordination-not readiness in piece parts.HII is a global engineering and defense technologies provider. With a 135-year history of trusted partnerships in advancing U.S. national security, HII delivers critical capabilities ranging from the most powerful and survivable naval ships ever built, to unmanned systems, ISR and AI/ML analytics. HII leads the industry in mission-driven solutions that support and enable a networked, all-domain force. Headquartered in Virginia, HII's skilled workforce is 44,000 strong. For more information, please visit: is an Equal Opportunity/Vets and Disabled Employer. U.S. Citizenship may be required for certain positions.

Keywords: HII Fleet Support Group, Norfolk , Financial Analyst 3 -HYBRID, Professions , Norfolk, Virginia

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