General Dynamics Mission Systems Looking for Advanced Program Finance Specialist at Fairfax, VA, United States Full Time

Job Description

Basic Qualifications :

Bachelor’s degree in Accounting, Finance or Business equivalent is required plus a minimum of 5 years of relevant experience; or Master’s degree plus a minimum of 3 years of relevant experience. Experience in a government contracting environment is strongly preferred. Certified Public Accountant or Certified Management Accountant designation is preferred.

Due to the nature of work performed within our facilities, U.S. citizenship is required.
Responsibilities for this Position:

General Dynamics Mission Systems has an immediate opening for an Advanced Program Finance Specialist. The position provides an opportunity to enhance the performance and profitability of an organization that supports some of our nation’s fundamental defense services. General Dynamics Mission Systems employees work closely with esteemed customers to develop solutions that allow them to carry out high-stakes national security missions.

REPRESENTATIVE DUTIES AND TASKS:

• Prepare ad-hoc analyses to support contract and program analysis and special projects as assigned
• Review/approve purchase requisitions for budgeted expenses up to authorized limit and ensure that expenses are applied correctly
• Analyze financial performance for assigned program(s) to identify and report on risks and funding issues
• Initiate, review, and approve invoices, respond to customer invoice inquiries, and resolve invoicing issues
• Manage financials of more complex programs (predominantly fixed price contracts, and larger product lines). Engage directly with senior level program management to understand financial performance and mitigate program and contractual risks.
• Analyze and present financial status of assigned program(s), including orders, funding, sales, profit, and cash flow actuals and projections to program management during formal monthly review process
• Present financial status of programs to customers at significant customer program reviews
• Manage and monitor accounts receivables and cash contributions ensuring the timely and accurate preparation of billing and collection of cash
• Collaborate with program management team to manage financial aspects of program, optimizing program cash flow and profitability
• Perform month end close activities for assigned programs/business
• Monitor and ensure ASC 606 Revenue Recognition and Earnings Rate Reviews are in compliance in accordance with Generally Accepted Accounting Principles and GDMS policies, procedures and requirements
• Follow ASC 606 and GDMS processes and procedures in developing estimates
• Complete and prepare booking rates in a timely and accurate manner
• Participate in audit preparations and reviews with auditors as needed
• Manage financial performance on inter-company sales agreements and ensure that intercompany transactions comply with agreements General Dynamics Proprietary Information
• Ensure timely and accurate charges to contracts/programs based on contractual terms and conditions Make adjustments in the system(s) as needed
• Provide leadership and analysis in preparation of long term strategic planning; forecasting orders, sales, margins, cash and investment
• Perform analysis and summarize recommendations related to investment/business opportunities, future trends and impact of governmental requirements/financial regulations
• FP&A Only: Perform financial planning functions by directing financial activities for the areas of assignment including the overhead budgets, capital budgeting, new business funds, forecasting, financial reporting, performance measurement, audit support, and ad hoc analysis

KNOWLEDGE SKILLS AND ABILITIES:

• Demonstrates strong analytical skills to be able to understand and analyze new information quickly; handles complex assignments
• Solid knowledge of General Ledger Accounting, Rates and Compliance, and Cost Proposal functions
• Demonstrated effective and clear communication and presentation skills
• Solid knowledge of ERP systems and related technologies
• Ability to develop and sustain professional working relationships
• Solid knowledge of Truth In Negotiations Act, Cost Accounting Standards, Federal Acquisition Regulation, General Dynamics policies and procedures, government accounting, Sarbanes-Oxley Act and Revenue Recognition ASC 606
• Ability to allocate time effectively/efficiently to meet multiple deadlines for various stakeholders
• Commitment to accurate and timely work products
• Shows initiative on assignments, exercises independent judgment and professionally executes projects with little direction

Company Overview:


General Dynamics Mission Systems (GDMS) engineers a diverse portfolio of high technology solutions, products and services that enable customers to successfully execute missions across all domains of operation. With a global team of 12,000+ top professionals, we partner with the best in industry to expand the bounds of innovation in the defense and scientific arenas. Given the nature of our work and who we are, we value trust, honesty, alignment and transparency. We offer highly competitive benefits and pride ourselves in being a great place to work with a shared sense of purpose. You will also enjoy a flexible work environment where contributions are recognized and rewarded. If who we are and what we do resonates with you, we invite you to join our high performance team!

General Dynamics is an Equal Opportunity/Affirmative Action Employer that is committed to hiring a diverse and talented workforce. EOE/Disability/Veteran