Cost Accounting Financial Analyst

About the position

BAE Systems is seeking a Cost Accounting Financial Analyst to join our team at the Radford Army Ammunition Plant in Radford, VA. The ideal candidate will be responsible for working closely with our manufacturing and program management teams, developing production standards, and monitoring performance against cost and efficiency goals for a variety of materials, programs, and customers. This role requires the ability to work effectively under short turnaround job tasking and time constraints, as it is situated in a highly dynamic and fast-paced work environment. In this position, the primary responsibility is to own and lead the cost and inventory functions within the Radford manufacturing and program management teams. The analyst will review internal cost accounting processes and make recommendations for improvement opportunities. A clear understanding of the organization's financial and manufacturing systems is essential to fully utilize information for analysis and reporting. The analyst will ensure the validity and accuracy of the Material Requirements Planning (MRP) through analysis, internal audits, and coordination with inventory control, production, and work order processing. They will also own MRP process enhancements and continue to scale the system to meet new processes and requirements. The Cost Accounting Financial Analyst will develop and manage quarterly, annual, and five-year forecasts in collaboration with production and program management teams. They will maintain the overall production and program financial position, developing plans and performance measurement reports that satisfy company and customer requirements for production and program status and cost collection. Additionally, the analyst will develop labor and material standards and measure actual performance against these standards, as well as develop time-phased expenditure plans, identifying implications of schedule variances and suggesting appropriate work-around recovery plans. Monitoring production and program spending against the baseline plan and current forecasts is crucial, as is preparing variance analysis with the production/program team and identifying appropriate corrective actions. The analyst will revise financial forecasts to reflect manufacturing and cost variances, analyze production status to provide up-to-date Estimates to Complete (ETC) and Estimates at Completion (EAC), and forecast production/program data such as funding, sales, gross margin, product cost by element, cash flow, backlog, and manpower requirements in Hyperion. They will also analyze and revise production/program EAC when changes occur in overhead rates and report the impact to the management team. Other duties and responsibilities may be assigned as required.

Responsibilities
? Own and lead the cost and inventory functions within the Radford manufacturing and program management teams.
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? Review internal cost accounting processes and make recommendations for improvement opportunities.
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? Develop a clear understanding of the organization's financial and manufacturing systems for analysis and reporting.
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? Ensure validity and accuracy of MRP through analysis, internal audit, and coordination with inventory control, production, and work order processing.
,
? Own MRP process enhancements and scale the system to meet new processes and requirements.
,
? Develop and manage quarterly, annual, and five-year forecasts with production and program management teams.
,
? Maintain overall production and program financial position and develop performance measurement reports.
,
? Develop labor and material standards and measure actual performance versus standards.
,
? Develop time-phased expenditure plans and identify implications of schedule variances.
,
? Monitor production and program spending against the baseline plan and current forecasts.
,
? Prepare variance analysis with production/program team and identify appropriate corrective actions.
,
? Revise financial forecasts to reflect manufacturing and cost variances.
,
? Analyze production status to provide up-to-date Estimates to Complete (ETC) and Estimates at Completion (EAC).
,
? Forecast production/program data in Hyperion.
,
? Analyze and revise production/program EAC when changes occur in overhead rates.

Requirements
? Bachelor's Degree and 6 years' relevant experience in Financial Analysis.
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? Strong cost accounting analytical skills.
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? Knowledge of Microsoft Office Suite.
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? Financial forecasting experience.
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? Ability to interface with various levels of management.
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? Ability to work well independently and in a team environment.
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? Organized and disciplined in work habits; ability to multi-task and prioritize work.
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? Good communication and presentation skills.

Nice-to-haves

Benefits

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