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Fairbanks Morse DefenseFD

Senior Financial Analyst

Fairbanks Morse Defense is a leading provider of naval power and propulsion systems with over 100 years of historical excellence in the marine technology sector.

Fairbanks Morse Defense

Employee count: 1001-5000

Salary: 81k-122k USD

United States only

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The Senior Financial Analyst will play a crucial, dual-focused role in both ensuring strict compliance with government accounting regulations (FAR, DFARS, CAS) and driving strategic business decisions through robust financial planning and analysis (FP&A). This position is responsible for analyzing and reporting on project performance, supporting budgeting and forecasting, and supporting initiatives to automate and enhance financial processes. The ideal candidate is a detail-oriented, forward-thinking professional who can bridge the gap between historical accounting and future-focused financial strategy.

Principle Duties and Responsibilities

Government Accounting and Compliance:

  • Ensure full compliance with all relevant government regulations, including the Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and Cost Accounting Standards (CAS).
  • Manage and prepare key government submissions, such as the Incurred Cost Submission (ICS), Forward Pricing Rate Proposals (FPRP), and Disclosure Statements.
  • Serve as a primary point of contact for audits by the Defense Contract Audit Agency (DCAA) and the Defense Contract Management Agency (DCMA), managing audit requests and responses.
  • Analyze and monitor indirect cost allocation, ensuring accuracy and compliance with established cost pools and allocation bases.
  • Coordinate the gathering and preparation of supporting documentation and schedules for internal and external audits.

Financial Planning and Analysis (FP&A):

  • Support the annual budget, long-range planning, and quarterly/monthly forecasting processes.
  • Develop and maintain complex financial models to support business decisions, including profitability analysis, scenario planning, and capital expenditure evaluation.
  • Prepare and analyze monthly, quarterly, and annual financial reports, providing comprehensive variance analysis against budget, forecast, and prior periods.
  • Perform financial close activities including journal entries, account reconciliations and reporting.
  • Conduct ad-hoc financial analysis and reporting to support leadership with critical, data-driven insights.

Project Analysis:

  • Perform comprehensive financial analysis for new and existing projects, including budget vs. actuals, cost variances, and profitability.
  • Collaborate with project managers and contracts teams to forecast project financials and identify financial risks.
  • Provide financial oversight during all stages of a project's lifecycle, from proposal to closeout

Process automation initiatives

  • Identify opportunities to automate routine accounting tasks, financial reporting, and data analysis.
  • Support projects to improve system functionality and reporting using tools like AI, Power Query and other business intelligence software.
  • Collaborate with the IT department to enhance accounting system capabilities and develop custom financial solutions.
  • Create, manage, and automate spreadsheets and financial models to streamline cost analysis and proposal development.

Qualifications and Educational Requirements

  • Bachelor’s degree in accounting or finance required; advanced degree or professional certifications a plus.
  • 5+ years of experience in government accounting, cost accounting, or financial analysis.
  • Experience with DCAA, DCMA, or other government agency audits.
  • In-depth knowledge of FAR, CAS, and government contracting cost principles.
  • Strong analytical and quantitative skills with the ability to interpret complex financial data.
  • Expert-level proficiency in Microsoft Excel, including the ability to build and automate complex financial models.
  • Experience with process improvement methodologies and automation tools.
  • Excellent communication, organizational, and problem-solving skills.
  • Ability to work independently, manage multiple priorities, and meet critical deadlines.
  • This position requires access or potential access to Unclassified Naval Nuclear Propulsion Information, which is Not Releasable to Foreign Nationals (NOFORN) data. Therefore, to meet NOFORN requirement, you will have to provide proof of US Citizenship and attest that you do not have dual citizenship. Acceptable proof of US Citizenship is a US Passport, US Birth Certificate or Naturalization Certificate.

This specification is intended to indicate the kinds of tasks and levels of work difficulty that will be required of positions that will be given this title and shall not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of any supervisor to assign, direct, and control the work of employees under his/her supervision. Ability to competently perform all the essential duties of the position, with or without reasonable accommodation, demonstrated commitment to effective customer service delivery, and the ability to work productively as a member of a team or work group are basic requirements of all positions at Fairbanks Morse.

About the job

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Job type

Full Time

Experience level

Senior

Salary

Salary: 81k-122k USD

Location requirements

Hiring timezones

United States +/- 0 hours

About Fairbanks Morse Defense

Learn more about Fairbanks Morse Defense and their company culture.

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Fairbanks Morse Defense (FMD) builds, maintains, and services the most trusted naval power and propulsion systems on the planet. Established over 100 years ago, FMD has earned its reputation as a premier supplier of marine technologies and Original Equipment Manufacturer (OEM) parts, specializing in supporting military fleets, including the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and Canadian Coast Guard. FMD pledges unwavering support to the vessels and sailors of the U.S. fleet, delivering cutting-edge technical solutions that ensure mission readiness and operational excellence.

FMD engineers possess a deep expertise in operational excellence, engineering, and organizational transformation, enabling rapid and reliable maintenance and servicing of critical naval systems. The company develops vital power systems for a variety of applications, both within the defense sector and in commercial industries, including energy generation and industrial operations. FMD has a commitment to sustainability and innovation, integrating advanced technologies, including augmented reality, into its training and operational solutions. Their dedication is mirrored in their values of integrity, teamwork, and efficiency, fostering a company culture that prioritizes employee growth and community involvement.

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Fairbanks Morse Defense hiring Senior Financial Analyst • Remote (Work from Home) | Himalayas