Accounting and Finance Specialist

1 week ago


Edgewood, Iowa, United States Smiths Group plc Full time
Job Summary

We are seeking a highly skilled and experienced Financial Program Manager to join our team at Smiths Group plc. As a Financial Program Manager, you will be responsible for providing life-cycle accounting, analytical support, and finance partnering expertise to Program Managers from pricing proposals through financial reporting of those Programs.

Key Responsibilities
  • Partner with Program Managers to manage the WBS structure and ensure that actual costs are maintained in SAP and all relevant costs are budgeted and accounted for on a timely basis.
  • Forecasting to include sales (revenue recognition), inventory, gross margin, and cash.
  • Work closely with staff from various Smiths sites along with financial staff at our Headquarters located in the UK.
  • Attend program kickoff meetings, set up programs in SAP, and generate WBS structures.
  • Create project cost accumulation methods in accordance with the contract based on an understanding of the implications of the contract and program.
  • Review all cost elements charged to assigned programs to gain comfort that the amounts are reasonable and accurate.
  • Analyze cost and rate application and ensure that projects are being accounted for properly.
  • Compare program actual costs to bid/budget costs, highlighting variances and propose suggestions for recovery where applicable.
  • Work with Make-To-Order (MTO) and Make-To-Stock (MTS) programs and understand the accounting treatments within the SAP system.
  • Document contract performance to date, monthly ETC and EAC projections, and provide forecast inputs of revenue and gross margin per project.
  • Prepare invoices in accordance with government contracts and FAR requirements.
  • Monitor cumulative billings against contract value and highlight programs that are approaching contract ceilings.
  • Present financial results in the monthly program management reviews.
  • Assist the Manager and Senior Program Finance Analyst with preparing and reviewing deliverables, training new hires, and establishing best practices/procedures.
Requirements
  • Bachelor's degree in Accounting or Finance is required.
  • 2-4 years of finance or related corporate experience in a manufacturing environment.
  • Previous SAP experience is an asset.
  • Process improvement experience is strongly preferred.
  • Earned Value Management System (EVMS) experience is a plus.
Working Environment

This position requires Sensitive Security Information (SSI) access and vetting via the TSA. The successful candidate must successfully pass a federal background investigation.



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