Financial Analyst III-IV

Kratos Defense & Security Solutions, Inc., is a leading defense technology company focused on unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training, and combat systems. Our customers include the U.S. federal government, foreign governments, commercial enterprises, and state and local government agencies. At Kratos, we prioritize affordability as a cornerstone of our technology. We leverage proven, cutting-edge methodologies and technology to minimize costs, streamline schedules, and mitigate risks, ensuring timely delivery of cost-effective solutions to market.

Kratos Unmanned Aerial Systems (KUAS), a division of Kratos Defense, is renowned for its expertise in developing, delivering, integrating, and supporting high-performance, cost-effective, jet-powered Unmanned Aerial Systems (Targets and Tactical). As a mid-tier defense contractor, we've demonstrated agility and innovation in providing aircraft to the US military and global allies and partners. Our track record of delivering top-notch jet-powered subscale targets has established us as a go-to defense contractor capable of delivering capabilities at an affordable price.

At KUAS, we prioritize innovation, collaboration, and growth. Our team collaborates to cultivate a supportive and dynamic workplace, fostering creativity and promoting professional development while honoring personal and family lives. Join our team and help shape the future of unmanned technology within the defense industry today!

GENERAL JOB SUMMARY:

The Financial Analyst supports Program Management in coordinating and managing financial planning and control activities in accordance with contract requirements, including analysis of weekly and monthly actual costs incurred against budgeted, variance analysis, estimates to complete, preparation of Management Review Packages, and in some cases Earned Value Management (EVM).

ESSENTIAL JOB FUNCTIONS:

The duties and responsibilities listed below apply to all levels of Financial Analyst. Each level of Financial Analyst has additional duties and responsibilities listed.

Financial Analyst III

• Finance lead and subject matter expert for primary business areas/platforms.
• Works with Program Management to develop revenue recognition methodology on contract items, forecasts, baselines, schedules, contract logs, baseline change requests, and variance analysis.
• Presents monthly program financial results during monthly CSR meetings.
• Participates in program reviews with internal staff and/or external customers.
• Coordinates and advises program management, functional managers, control account managers and executive management.
• Works closely with IPTs and program team to provide financial support.
• Prepares and presents financial reports and recommendations to management to include EV metrics as required by program.
• Works with all departments to provide financial analysis and guidance on any and all new projects.
• Consults with Program and Cost Account Managers to develop variance analysis and corrective actions
• Coordinates with Contracts, Program Management and finance to monitor contract value change, funding, and issues of work authorization.
• Improves program cost reporting (internal & external), budgeting, and cost collection processes and systems.
• Reconciles inconsistencies between cost reporting data and EVMS results as required by program.
• Provides budgetary and forecast inputs related to revenue and margin projections to corporate planning.
• Develops justification, reviews, and approves monthly revenue recognition.
• Mentor, provide guidance and direction to junior staff, as needed.

Financial Analyst IV

• Establishes, monitors, and evaluates EVMS policies, methods, operating procedures and practices as well as organizational compliance and performance as required.
• Finance lead and subject matter expert for primary business areas/platforms.
• Mentor, provide guidance and direction to junior staff, as needed.
• Drive financial results and provide training and direction to program team on finance topics.
• Assist Finance Manager with month-end close activities as needed, such as review and coordination of account reconciliations, company revenue and COGS summaries, and other company-wide activities.
• Support complex requests from leadership, and present financial results as required to executive team.
• Participate in company-wide analysis to achieve financial targets, as required.
• Recommend and drive department-wide process improvements.
• Works with Program Management to develop revenue recognition methodology on contract items, forecasts, baselines, schedules, contract logs, baseline change requests, and variance analysis.
• Presents monthly program financial results during monthly CSR meetings.
• Participates in program reviews with internal staff and/or external customers.
• Coordinates and advises program management, functional managers, control account managers and executive management.
• Works closely with IPTs and program team to provide financial support.
• Prepares and presents financial reports and recommendations to management to include EV metrics as required by program.
• Works with all departments to provide financial analysis and guidance on any and all new projects.
• Consults with Program and Cost Account Managers to develop variance analysis and corrective actions
• Coordinates with Contracts, Program Management, and finance to monitor contract value change, funding, and issues of work authorization.
• Improves program cost reporting (internal & external), budgeting, and cost collection processes and systems.
• Reconciles inconsistencies between cost reporting data and EVMS results as required by program.
• Provides budgetary and forecast inputs related to revenue and margin projections to corporate planning.
• Ensures integrity of data reported between all systems: CINCOM, COBRA, and budget systems.
• Develops justification, reviews, and approves monthly revenue recognition.

SUPERVISORY RESPONSIBILITY:

None

iCompensation $95,000 - $130,000

KNOWLEDGE, SKILLS & ABILITIES:

Required:

• Ability to maintain sensitive and confidential information as required by government standards.
• Ability to interact effectively with peers and supervisors.
• Ability to interact appropriately with the public when necessary.
• Ability to adhere to workplace rules.
• Ability to effectively communicate professionally in writing or verbally with all levels of personnel.

Preferred:

N/A

EDUCATION AND EXPERIENCE:

Required:

The education and experience listed below apply to and build upon all successive levels of Financial Analyst.

Financial Analyst III

• Minimum of 5 years work experience with Financial Analysis, Earned Value Management Systems experience may be required depending on position.
• Strong working knowledge and experience with all financial functions including Cost Reporting, Estimating, Cost Management, and Operating Plan/Forecast preparation.
• Training in and exposure to Earned Value Management (EVMS) may be required.
• May be required to obtain and maintain a U.S. security clearance at the appropriate level (requires U.S. Citizenship).

Financial Analyst IV

• Minimum of 10+ years work experience with Financial Analysis, Earned Value Management Systems experience may be required depending on position.
• Strong working knowledge and experience with all financial functions including Cost Reporting, Estimating, Cost Management, and Operating Plan/Forecast preparation.
• Working knowledge of Earned Value Management (EVMS), including CPR (formats1-5) and CFSR reporting may be required.
• Training in and exposure to Earned Value Management (EVMS) may be required.
• May be required to obtain and maintain a U.S. security clearance at the appropriate level (requires U.S. Citizenship).

Preferred:

N/A

WORK ENVIRONMENT/PHYSICAL REQUIREMENTS:

• Office and/or manufacturing environment.
• Ability to stand and sit for long periods of time.
• Ability to perform repetitive motion (keyboarding, 10-key, phones).
• May work extended hours or weekends, especially around Month End and Fiscal Year End closing cycle.
• May be required to lift up to 50 pounds in accordance with KUAS General Safety Training guidelines.

TRAVEL REQUIREMENTS:

• 0-5% May be required between KUAS locations.

#LI-Onsite

THE ABOVE STATEMENTS ARE INTENDED TO DESCRIBE THE GENERAL NATURE AND LEVEL OF WORK BEING PERFORMED BY INDIVIDUALSiASSIGNED TO THIS CLASSIFICATION. THEY ARE NOT INTENDED TO BE CONSTRUED AS AN EXHAUSTIVE LIST OF ALL RESPONSIBILITIES, DUTIES AND SKILLS REQUIRED OF PERSONNEL SO CLASSIFIED.

A REVIEW OF THIS CLASSIFICATION HAS EXCLUDED THE MARGINAL FUNCTIONS OF THE CLASSIFICATION THAT AREiINCIDENTAL TO THE PERFORMANCE OF FUNDAMENTAL JOB JUTIES. ALL DUTIES AND RESPONSIBILITIES ARE ESSENTIAL JOB FUNCTIONS AND REQUIREMENTS AND ARE SUBJECT TO POSSIBLE MODIFICATION TO REASONABLY ACCOMMODATE INDIVIDUALS WITH DISABILITIES TO PERFORM THIS JOB PROFICIENTLY.i THE REQUIREMENTS LISTED IN THIS DOCUMENT ARE THE MINIMUM LEVELS OF KNOWLEDGE, SKILLS, OR ABILIT