Senior Financial Analyst

Karman Space & Defense- Huntington Beach

Huntington Beach, CA, USA

Published: 6/14/2022

Full Time

Job Description

Huntington Beach

SUMMARY

The position of Senior Financial Analyst is responsible for analyzing data and using all resources available to determine and provide insight for product manufacturing, projects, or services. This individual will be communicating with various departments to generate work products and present to upper management. Although this position is taken place in an office environment, it is expected that the Financial Analyst is highly familiar with all production operations and physical inventory.

ABOUT US

Karman Space & Defense provides concept-to-production solutions for mission-critical systems on spacecraft, launch vehicles, missiles, hypersonics, and integrated defense systems. We believe that solving the industry’s most complex and mission-critical challenges requires relentless determination and a willingness to push the boundaries of possibility. Karman Space & Defense brings to bear unparalleled production capabilities, unmatched engineering expertise, and unflinching analysis to render the impossible, possible.

COMPENSATION & BENEFITS

Medical, Dental, Vision
Company Paid Life Insurance
401(k) Retirement Savings Plan
Paid Time Off (PTO)
Paid Holidays
Tuition Reimbursement*

SUPERVISORY RESPONSIBILITIES

Supervise, mentor, and develop procurement staff, including Buyers and Senior Buyers
Set priorities, and balance resources to meet program and production demands
Provide guidance on complex procurements involving long lead times, technical specifications, and regulated materials
Support performance management, coaching, and corrective action when required
Review and approve weekly timecards.
Review and approve time off requests

ESSENTIAL DUTIES & RESPONSIBILITIES

Construct, validate, and monitor data accumulation for financial reporting.
Provide cost analysis results to assist senior management in decision making or other financial initiatives.
Perform variance analysis between actual and budgeted costs.
Monitor, analyze and report on inventory valuation, production and various other costs.
Generate reports, provide analysis, and draft thorough responses to support audit requests.
Provide ad hoc assistance to Site Management, Corporate, and other functions.
Provide productivity analysis.
Support monthly close cycles, account reconciliations and revenue recognition.
Review and analyze product margins for all customers and projects and support Sales department with timely reports.
Review reporting for trends, investigate abnormalities, and provide recommendations for correction.
Collect historical cost data to estimate costs for current or future products.
Review and reconcile monthly manufacturing cost activity during monthly close cycle to support ASC 606 percentage of completion revenue recognition.
Partner with Program Management to document and gain understanding of program performance trends.
Support development of annual operating plan, monthly/quarterly forecasts, and variance analysis.
Prepare and maintain Spend Plans to support program milestone billings.
Assist in financial chart creation for purposes of briefing senior leadership on site performance.
Validate inventory cost reporting.
Operate in a dynamic environment with competing priorities, while maintaining high level of attention to detail.
Support Sarbanes-Oxley (SOX) compliance and documentation.
Ability to observe, receive, and otherwise obtain information from all relevant sources.
Being able to identify the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
Estimate sizes, distances, and quantities; or determining time, costs, resources, or materials needed to perform a work activity.
Use relevant information and individual judgement to determine whether events or processes comply with laws, regulations, or standards.

EDUCATION & EXPERIENCE:

Bachelor’s or master’s degree in accounting, finance, or economics
Minimum of 7 years’ experience as financial analyst or related role
Relevant experience in the defense industry desirable, with working knowledge of FAR/DFARS
Strong verbal and written communications skills, emphasis on the ability to refine complex issues into understandable formats to all levels of the organization
Strong planning, organizational, analytical and problem-solving abilities.

ITAR REQUIREMENTS:

To conform to U.S. Government export regulations, certain positions may require applicants to be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.

TRAVEL REQUIREMENTS: Travel required: Up to 25%. This will include local and out of state supplier visits.

EQUAL OPPORTUNITY EMPLOYER

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

Karman is committed to equal employment opportunity. We will not discriminate against employees or applicants for employment on any legally recognized basis (“protected class”) including, but not limited to race; color; religion; genetic information; national origin; sex; pregnancy, childbirth, or related medical conditions; age; disability; citizenship status; uniform servicemember status; or any other protected class under federal, state, or local law. Our management is dedicated to ensuring the fulfillment of this policy with respect to hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment advertising, pay, and other forms of compensation, training, and general treatment during employment.

M-F 8am-5pm