Financial Analyst

Job Description

Job Description

Company Description

Smiths Detection is a global leader in detection and screening technologies for the protection of people and assets, supporting safety, security and freedom of movement in today’s world.

At Smiths Group plc, we apply leading-edge technology to design, manufacture and deliver market-leading innovative solutions that meet our customers' evolving needs, and touch the lives of millions of people every day. We are a FTSE100, global business of around 14,600 colleagues, based in 50 countries. Our solutions have a real impact on lives across the planet, enabling industry, improving healthcare, enhancing security, advancing connectivity and supporting new homes. Our products and services are often critical to our customers’ operations, while our proprietary technology and high service levels help create competitive advantage. We welcome colleagues with a curious mind, who are happy with responsibility, enjoy a challenge and are attracted by the idea of working at a business with an almost 170-year history of innovation, and five global divisions, all experts in their field. We believe that different perspectives and backgrounds are what make a company flourish and are proud to be a company with values grounded in integrity, respect, ownership, customer focus, and passion.

Job Description

This role has overall responsibility for the administration of the accounting function for programs. The role has accountability and custody of the programs accounting data and records. The role provides life-cycle accounting, analytical support, and finance partnering expertise to Program Manager(s) from pricing proposals through financial reporting of those programs. The role partners with the Program Manager(s) to manage the WBS structure, ensure actual costs are maintained in SAP, and all relevant costs are budgeted / forecasted and accounted for on a timely basis. Forecasting to includes sales (revenue recognition), inventory, gross margin, and cash.

Qualifications

Essential Functions :

Provides ongoing financial support to the Program Manager(s) through preparation of monthly program financials detailing P&L and balance sheet items in support of detailed program reviews. Monthly financials will highlight and address key areas of program risk / opportunity while also ensuring accurate and compliant accounting. This will involve :

• Attend program kick-off meeting, setting up program in SAP and generating WBS structures.
• Monthly review of all program balances (WIP, deferred revenue, unbilled), raising accruals or other entries as appropriate, and reconcile all outstanding items.
• Ensure all internal controls and accounting policies regarding program accounting and bids & tenders are followed. Recommend improvements to the same where appropriate.
• Ensure all program invoicing occurs on schedule and is IFRS / FAR / government contract compliant.
• Monthly review of all cost elements ensuring accuracy and reasonableness.
• Variance analysis (actuals vs forecast and budget)
• Monitor cumulative billings against contract value and highlight programs that are approaching contract ceilings.
• Present financial results in monthly program management reviews; addressing financial risks and opportunities to leadership.
• Support internal and external audits.
• Ensure that all accounting information is captured accurately within the timetables set for month end and year end reporting.
• Compare program actual costs to bid / budget costs highlighting variances and propose suggestions for recovery where applicable.
• Creation of WBS’s in SAP in accordance with the contract based on an understanding of the implications of how the WBS will function within SAP.

Forecasting

Provides detailed and accurate program financial forecast identifying phasing of revenue, cost, gross margin, and cash collection. Act as financial leader for responsible programs to drive financial performance. Provide timely and proactive communication to Program Management and Finance leadership on forward looking expectations of program financial performance. This will involve :

General

Other duties and responsibilities that occur on an ad hoc basis or are not specific to the above :

Education Requirements :

Experience

Manufacturing, commercial, and / or corporate accounting / finance experience.

Additional Information

We offer…

Join us and we’ll help build your career, with excellent training and opportunities for career growth across the business, both locally and globally. You’ll experience an inclusive environment, with strong leadership and a focus on safety and wellbeing. You’ll also have the flexibility to choose from a wide range of benefits to suit your lifestyle, offering you and your family support from a health and wellbeing, financial and lifestyle perspective.

Join us and work for a world-leader, with the benefits and training to reward your dedication and skills. Be part of a team where we are making the world a safer place.

HIRING SALARY RANGE : $69,600 - $156,720 / yr (Salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant and alignment with internal and market data.) This role offers a competitive Business Profit Plan. This position includes a competitive benefits package. For details, please visit the Reward & Benefits tab on our main careers page at  https : / / www.smithsdetection.com / careers / .

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. Equal Employment Opportunity PostersIf you’d like to view a copy of the company’s affirmative action plan or policy statement, please email hr-1@smiths-detection.com.

If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail stat@smiths.comor call toll-free  877-703-1029 . This email and phone number is created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response. Smiths Detection, Inc. participates in the Electronic Employment Verification Program.

We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.

At no time during the hiring process will Smiths Group, nor any of our recruitment partners ever request payment to enable participation – including, but not limited to, interviews or testing. Avoid fraudulent requests by applying jobs directly through our career’s website (Careers - Smiths Group plc)