What are the responsibilities and job description for the Sr Program Financial Analyst position at Rapiscan Systems?
Overview
Rapiscan, an OSI Systems Company is seeking a Sr Program Financial Analyst, based out of Billerica, MA.
Rapiscan Systems, an OSI Systems, Inc. company, designs, manufactures and markets security and inspection systems worldwide. Our products are used to inspect baggage, cargo, people, vehicles and other objects for weapons, explosives, drugs and other contraband. Rapiscan Systems security and inspection devices can be found in a wide range of locations such as airports, border crossings, railway stations, seaports and terminals, government and military installations, and nuclear facilities.
Senior Program Finance / Cost Analyst is expected to establish him/herself as a business partner to the program management team to steer programs to their targeted financial goals (e.g. revenue, profitability, cash flow, etc.). The Senior PFA accomplishes this by applying a deep understanding of each program’s economics and profitability drivers, translating them into operational actions and proactively advising the PM and Senior Management team on how to influence critical operational levers in order to positively impact program financials. This role will support various programs/projects across our Rapiscan companies.
Responsibilities
The main success factors of this role include strong business acumen, understanding program operations and their implications for financial performance, and strong analytical and consulting skills.
The pay range above represents annual base salary only. Final compensation will be determined based on factors such as your job level, geographic location, date of hire, experience, job-related knowledge and skills, and education in conjunction with market and business considerations.
Base salary is one component of your total rewards package. You may be eligible for long-term incentives, potential discretionary bonuses, and the ability to purchase company stock at a discounted rate through the Employee Stock Purchase Program (ESPP). OSI also offers comprehensive benefits including various options for health plans, access to 401(k) retirement plan, health savings account, disability insurance, life insurance, AD&D insurance, leave of absence programs and an array of voluntary benefits. In addition, paid time off is offered to be used for vacation, holidays, bereavement, and jury duty. Full-Time salaried employees are entitled to flexible time-off.
NOTICE TO THIRD PARTY AGENCIES
OSI Systems, Inc. and its subsidiaries (collectively “OSI”) does not accept unsolicited resumes from recruiters or employment agencies. If any person or entity, including a recruiter or agency, submits any information, including any resume or information regarding any potential candidate, without a signed agreement in place with OSI, OSI explicitly reserves the right to use such information, and pursue and/or hire such candidates, without any financial obligation to the person, recruiter or agency. Any unsolicited information or resumes, including those submitted directly to hiring managers, are considered and deemed to be the property of OSI.
Equal Opportunity Employer – Disability and Veteran Know Your Rights
Poster Link
https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf
OSI Systems, Inc. has three operating divisions: (a) Security, providing security and
inspection systems, turnkey security screening solutions and related services; (b) Healthcare, providing patient monitoring, diagnostic cardiology and anesthesia systems; and (c) Optoelectronics and Manufacturing, providing specialized electronic components and electronic manufacturing services for original equipment manufacturers with applications in the defense, aerospace, medical and industrial markets, among others.
Rapiscan, an OSI Systems Company is seeking a Sr Program Financial Analyst, based out of Billerica, MA.
Rapiscan Systems, an OSI Systems, Inc. company, designs, manufactures and markets security and inspection systems worldwide. Our products are used to inspect baggage, cargo, people, vehicles and other objects for weapons, explosives, drugs and other contraband. Rapiscan Systems security and inspection devices can be found in a wide range of locations such as airports, border crossings, railway stations, seaports and terminals, government and military installations, and nuclear facilities.
Senior Program Finance / Cost Analyst is expected to establish him/herself as a business partner to the program management team to steer programs to their targeted financial goals (e.g. revenue, profitability, cash flow, etc.). The Senior PFA accomplishes this by applying a deep understanding of each program’s economics and profitability drivers, translating them into operational actions and proactively advising the PM and Senior Management team on how to influence critical operational levers in order to positively impact program financials. This role will support various programs/projects across our Rapiscan companies.
Responsibilities
- Lead the project accounting function including Estimate at Completion (EAC) process.
- Prepare, analyze and review program baselines, actuals and EAC, with a focus on variance analysis at a detailed level, with appropriate management levels. Summarize results and communicate business impacts to Finance and Management teams.
- Prepare budgets and baseline new revenue or R&D programs in accordance with Company policies
- Support monthly forecast process through preparation of accurate product line sales and gross margin forecasts, at program level
- Responsible for the analysis of monthly product line financials with a focus on gross margin accuracy
- Support contracts by providing information for customer inquiries such as program actuals or expenditures profiles
- Support and maintenance of various Sarbanes Oxley compliance requirements
- Ensure financial compliance and cost controls across various US Government and commercial contracts
- This role will require working on a program team in direct support of Program Management requirements. The candidate must be willing to communicate, ask questions and work with other functional organizations to accomplish team objectives. Able to work in a fast-paced environment and adapt quickly to changing requirements. Ability to learn processes quickly and apply knowledge to unique situations.
- Uphold the company’s core values of Integrity, Innovation, Accountability, and Teamwork.
- Demonstrate behavior consistent with the company’s Code of Ethics and Conduct.
- It is the responsibility of every employee to report to their manager or a member of senior management any quality problems or defects in order for corrective action to be implemented and to avoid recurrence of the problem.
- Duties may be modified or assigned at any time to meet the needs of the business.
The main success factors of this role include strong business acumen, understanding program operations and their implications for financial performance, and strong analytical and consulting skills.
- BA in Finance or Accounting
- 8 years of program accounting / finance experience with a focus on the preparation of Estimates to Complete (ETC) and Estimates at Completion (EAC)
- Extensive knowledge of financial costing/pricing, reporting, and invoicing requirements for multiple types of US Government contract vehicles (Time & Materials, Cost Plus Fixed-Fee, Firm-Fixed Price, hybrid)
- Knowledge of key financial systems and tools (Microsoft Dynamics 365 Finance and Operations, Excel, PowerPoint)
- Moderate level of progressive Finance roles with strong analytical and partnering track record
- Possess strong interpersonal awareness in order to work with strong personalities multiple levels of the organization
- Strong written and verbal skills including demonstrated ability to succinctly present complex information to management
- Must be flexible and willing to deal with a wide range of work assignments
- Ability to work through problems with minimal supervision
- Demonstrated ability to prioritize concurrent requirements and accommodate numerous stakeholders
- Strong analytical and problem-solving skills
- Experience cross-training or supervising personnel a plus
- Rapiscan attracts professionals who are bright, ambitious and seek challenging assignments, with a desire to succeed. The successful candidate will be intellectually powerful, candid, direct and non-political, with a highly developed sense of ethics, energy, confidence and creativity.
- Untarnished reputation for personal and professional integrity and honesty.
- A creative and innovative individual, with the ability to simplify, communicate and sell ideas across the organization.
- A team-oriented, assertive personal style; highly developed interpersonal skills, adept as an influencer and negotiator.
- A confident professional able to proactively resolve issues and challenge assumptions.
- Multi-cultural sensitivity: the ability to thrive across the globe and manage talented professionals from diverse geographies and cultures
- This position requires a credit check as part of the pre-employment background screening process. *****
The pay range above represents annual base salary only. Final compensation will be determined based on factors such as your job level, geographic location, date of hire, experience, job-related knowledge and skills, and education in conjunction with market and business considerations.
Base salary is one component of your total rewards package. You may be eligible for long-term incentives, potential discretionary bonuses, and the ability to purchase company stock at a discounted rate through the Employee Stock Purchase Program (ESPP). OSI also offers comprehensive benefits including various options for health plans, access to 401(k) retirement plan, health savings account, disability insurance, life insurance, AD&D insurance, leave of absence programs and an array of voluntary benefits. In addition, paid time off is offered to be used for vacation, holidays, bereavement, and jury duty. Full-Time salaried employees are entitled to flexible time-off.
NOTICE TO THIRD PARTY AGENCIES
OSI Systems, Inc. and its subsidiaries (collectively “OSI”) does not accept unsolicited resumes from recruiters or employment agencies. If any person or entity, including a recruiter or agency, submits any information, including any resume or information regarding any potential candidate, without a signed agreement in place with OSI, OSI explicitly reserves the right to use such information, and pursue and/or hire such candidates, without any financial obligation to the person, recruiter or agency. Any unsolicited information or resumes, including those submitted directly to hiring managers, are considered and deemed to be the property of OSI.
Equal Opportunity Employer – Disability and Veteran Know Your Rights
Poster Link
https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf
OSI Systems, Inc. has three operating divisions: (a) Security, providing security and
inspection systems, turnkey security screening solutions and related services; (b) Healthcare, providing patient monitoring, diagnostic cardiology and anesthesia systems; and (c) Optoelectronics and Manufacturing, providing specialized electronic components and electronic manufacturing services for original equipment manufacturers with applications in the defense, aerospace, medical and industrial markets, among others.