Reporting to the VP Finance, the Program Finance Manager (PFM) is responsible for all program accounting, billings, program finance reporting, EAC鈥檚, forecasting and partnering with the Program Manager鈥檚 and Sales teams from pricing to financial reporting of the programs.
The PFM is also responsible to lead, manage and develop a team of Program Financial Analysts (PFA).
Responsibilities
Essential functions:
Job duties to include but are not limited to;
- Manage, support and develop a team of Program Financial Analysts. Including but not limited to supervising, reviewing and validating their work. Setting goals and personal objectives, reviewing progress against goals, completing and communicating mid-year and year end reviews
- Assignment of Program Financial Analysts to all programs
- To provide ongoing analytical financial support to the Program Manager to facilitate the preparation of financials, to support detailed program reviews and identify key areas of risk and/or opportunity. In addition, to ensure the program financials are appropriately accounted for. This will involve:
- Reviewing all cost elements charged to assigned programs to gain comfort that the amounts are reasonable and accurate. Analyzing SAP cost and rate application and ensure that projects are being accounted for properly.
- Prepare budgets files from approved/won bid models and then compare variances and propose suggestions for recovery where applicable
- Working with different programs and understanding the accounting treatments within the SAP system
- Work with assigned Program Managers to document contract performance to date, ETC and EAC projections and providing forecast inputs (rolling 12 month) of revenue and gross margin per project
- Preparing invoices in accordance with government contracts and FAR requirements
- Monitor cumulative billings against contract value and highlight programs that are approaching full billings
- Be the Finance Leader in the monthly programs reviews.
- Ensure that all program reviews are complete and accurate.
- Creation of WBS鈥檚 in SAP in accordance with the contract based on an understanding of the implications of how the WBS will function within SAP.
- Increasing business acumen at all levels of the business
- Identify quality improvements and evaluate opportunities to drive efficiency and effectiveness
- Other duties as required