Project Finance Analyst in Farnborough

Project Finance Analyst in Farnborough

Farnborough Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support financial reporting and analysis for defence programs, ensuring compliance and performance.
  • Company: Join L3Harris, a leader in defence tech with a commitment to innovation and excellence.
  • Benefits: Enjoy hybrid working, generous holiday, private medical insurance, and a supportive work environment.
  • Other info: Dynamic role with opportunities for growth and learning in a collaborative setting.
  • Why this job: Be part of a high-performing team making a real impact on national security projects.
  • Qualifications: Part Qualified or Qualified ACCA/CIMA; experience with financial regulations and project forecasting.

The predicted salary is between 36000 - 60000 £ per year.

L3Harris is dedicated to recruiting and developing high‑performing talent who are passionate about what they do. Our employees are unified in a shared dedication to our customers’ mission and quest for professional growth. L3Harris provides an inclusive, engaging environment designed to empower employees and promote work‑life success. Fundamental to our culture is an unwavering focus on values, dedication to our communities, and commitment to excellence in everything we do.

L3Harris in Farnborough specialises in secure ground and airborne communication and network systems for the military, international forces and commercial customers. We engineer and maintain night vision goggles, radar systems and tactical radios. The UK Mission Critical Communications (MCC) finance team provides support to all functional areas of the UK business, and ensures regular review of financial information including key financial metrics.

The Project Finance Analyst plays a critical role in supporting the financial performance and compliance of defense programs operating under UK Competitive and Single Source regulations. This position is responsible for monitoring project plans, analyzing financial data, and providing earned value insights to drive informed decision‑making. The role is ideal for a finance professional who thrives in a collaborative environment, can operate independently with minimal supervision, and is motivated to be an integral part of a high‑performing team delivering complex programs.

Employee Benefits:

  • Hybrid working where possible, three days onsite per week
  • Half day finish on a Friday
  • 25 days holiday per year (plus bank holidays), increasing with long service and with the opportunity to buy/sell up to 5 days
  • Private medical insurance with optional family cover
  • Pension scheme of up to 8% employer contribution
  • Life Assurance 4x salary (flexible up to 10x)
  • Group income protection
  • Flexible opt‑in extras such as a health care cash plan, dental insurance, gym membership, critical illness cover, cycle‑to‑work scheme, travel insurance and electric car scheme
  • Employee Family Assistance Program providing mental health and wellbeing support
  • Professional membership reimbursement (discretionary)

What The Role Will Involve:

  • Supporting financial reporting across both single source and non‑single source programs.
  • Serve as the resident expert on UK programs reporting for contracts governed by the Single Source Contract Regulations (SSCR), including Defense Contract Analysis and Reporting System (DefCARS) requirements.
  • Partner with Program Managers and Finance leadership to review Estimates at Completion (EAC) monthly and present findings at program reviews.
  • Deliver comprehensive financial metrics, including Earned Value Management (EVM), to measure and communicate project performance.
  • Proactively scrutinise cost/hours charged to the program to ensure performance in line with gross margin expectations.
  • Support project plan execution and ongoing monitoring from both financial and operational perspectives, identifying risks and opportunities.
  • Ensure appropriate revenue recognition and gross margins are in line with budget each month.
  • Develop bid and pricing packs when required – this element of the job will grow with the business.
  • Internal/external audit support as required.
  • Contribute to ad hoc financial analysis and reporting as business needs evolve.

What You’ll Bring:

  • Ability to work under pressure in a fast paced and constantly changing environment.
  • Ability to look beyond the numbers and communicate trends/risks to non‑finance teams.
  • Excellent attention to detail.
  • Excellent communication skills and ability to work effectively as part of a team.
  • Ability to multitask and prioritise workload.
  • An ability to explain complex financial information in a clear way.
  • Must have a can‑do attitude.
  • Must be familiar with all MS Office applications with a strong emphasis in Excel.
  • Familiar with ERP accounting systems (PeopleSoft and Oracle an advantage).
  • Flexible working approach.

Qualifications:

  • Part Qualified or Qualified ACCA/CIMA or Qualified by experience.
  • Experience working with Single Source Contract Regulations (SSCR) and regulatory reporting frameworks such as DefCARS.
  • Working knowledge of project forecasting methodologies, including Estimates at Completion (EAC) and Earned Value Management (EVM).

Preferred Additional Skills:

  • Familiarity with defense industry financial compliance and reporting standards.
  • Experience supporting bid pricing and cost build‑up activities.
  • Exposure to enterprise resource planning (ERP) systems used for project accounting and forecasting.
  • Advanced financial modelling and scenario analysis capabilities.
  • Understanding of programs lifecycle controls within complex, multi‑year contracts.
  • Experience collaborating with cross‑functional teams in engineering, commercial, and programs management environments.

Important to know:

Due to the nature of our work many of our roles require a UK nationality and the ability to obtain a security clearance. Applicants who accept a conditional offer of employment must meet the requirement of right to work in the UK and must meet eligibility requirements for access to classified information and will be subject to government security checks.

Equal Opportunity Employer: L3Harris Technologies is proud to be an Equal Opportunity Employer. We are committed to maintaining a workplace that is free from unlawful discrimination and offers equal opportunities for all. Applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief, and marriage and civil partnerships.

Project Finance Analyst in Farnborough employer: L3Harris Technologies

L3Harris is an exceptional employer that prioritises the professional growth and well-being of its employees, offering a supportive and inclusive work environment in Camden, AR. With a commitment to excellence and community engagement, employees benefit from a flexible 4/10 work schedule, opportunities for career advancement, and a culture that values innovation and collaboration in the defence technology sector.

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Contact Details:

L3Harris Technologies Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Project Finance Analyst in Farnborough

Tip Number 1

Network like a pro! Reach out to current or former employees at L3Harris on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

Tip Number 2

Prepare for the interview by understanding L3Harris's mission and values. Show how your skills align with their focus on excellence and community commitment. We want to see that you're not just a fit for the role, but for the company culture too!

Tip Number 3

Practice your financial analysis skills! Be ready to discuss how you've used tools like Earned Value Management in past projects. We love candidates who can demonstrate their expertise with real examples.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the L3Harris team.

We think you need these skills to ace Project Finance Analyst in Farnborough

Financial Reporting
Single Source Contract Regulations (SSCR)
Defense Contract Analysis and Reporting System (DefCARS)
Estimates at Completion (EAC)
Earned Value Management (EVM)
Cost Analysis
Revenue Recognition

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Project Finance Analyst role. Highlight relevant experience and skills that match the job description, especially your familiarity with financial reporting and project forecasting methodologies.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with L3Harris's mission. Don’t forget to mention your can-do attitude and teamwork skills!

Showcase Your Financial Acumen:In your application, be sure to showcase your understanding of key financial concepts like Earned Value Management (EVM) and Estimates at Completion (EAC). This will demonstrate your readiness for the responsibilities of the role.

Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets the attention it deserves, and you’ll find all the details you need right there!

How to prepare for a job interview at L3Harris Technologies

Know Your Numbers

As a Project Finance Analyst, you'll need to be comfortable with financial metrics. Brush up on key concepts like Earned Value Management (EVM) and Estimates at Completion (EAC). Be ready to discuss how you've used these in past roles or projects.

Understand the Defence Sector

Familiarise yourself with the defence industry, especially Single Source Contract Regulations (SSCR) and regulatory reporting frameworks like DefCARS. Showing that you understand the unique challenges and requirements of this sector will set you apart.

Showcase Your Team Spirit

L3Harris values collaboration, so be prepared to share examples of how you've worked effectively in teams. Highlight your communication skills and how you've contributed to achieving common goals, especially in high-pressure situations.

Ask Insightful Questions

Prepare thoughtful questions about the role and the company culture. Inquire about the finance team's approach to project monitoring and how they handle challenges. This shows your genuine interest and helps you assess if it's the right fit for you.