At a Glance
- Tasks: Join us as a Program Financial Analyst, guiding projects to financial success through analysis and collaboration.
- Company: Rapiscan Systems leads in detection technology, ensuring safety at ports, borders, and high-threat facilities.
- Benefits: Enjoy flexible work options, competitive pay, and opportunities for professional growth.
- Why this job: Be part of a mission-driven team making a real impact on global security and safety.
- Qualifications: Strong communication skills and analytical mindset; finance or accounting background preferred.
- Other info: Experience with financial systems like Microsoft Dynamics AX is a plus.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Rapiscan Systems is an industry leader in detection technology, providing cargo and vehicle inspection systems and services for ports, borders, military, high-threat facilities, and checkpoints to help customers combat terrorism, drug smuggling, illegal immigration, and trade fraud. We offer a broad array of scanning system configurations that leverage low-, medium-, and high-energy X-ray technology—or multiple X-ray technologies—to address each customer’s unique security application requirements. Our commitment to excellence in imaging performance, innovative design, and uncompromising quality ensures our solutions consistently deliver best-in-class imaging, high reliability, and operator satisfaction.
Role Overview
The Principal Program Finance / Cost Analyst is expected to establish themselves as a business partner to the program management team to steer programs toward their targeted financial goals (e.g., revenue, profitability, cash flow). The 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 on influencing critical operational levers to positively impact financials. This role will support various programs/projects across Rapiscan | AS&E and S2 Global companies.
Responsibilities
- Lead the project accounting function, including estimates to complete process.
- Prepare, analyze, and review program baselines, actuals, and estimates at completion, focusing on variance analysis at detailed levels, and communicate results to Finance and Management teams.
- Prepare budgets and baseline new revenue or R&D programs in accordance with company policies.
- Support monthly forecast processes by preparing accurate product line sales and gross margin forecasts at the program level.
- Analyze monthly product line financials with a focus on gross margin accuracy.
- Support contracts by providing information for customer inquiries such as program actuals or expenditure profiles.
- Assist with month-end booking entries through the Projects module to ensure accuracy and timeliness.
- Communicate effectively, ask questions, and collaborate with other functional organizations to achieve team objectives. Adapt quickly to changing requirements and learn processes to apply knowledge to unique situations.
Qualifications
- Strong interpersonal skills to work effectively with diverse personalities across organizational levels.
- Excellent written and verbal communication skills, with the ability to present complex information succinctly to management.
- Flexible, with a positive attitude towards a wide range of work assignments.
- Ability to work independently and resolve problems proactively.
- Strong prioritization skills to manage multiple stakeholders and requirements.
- Analytical mindset with keen attention to detail.
- Proficiency with financial systems and tools such as Microsoft Dynamics AX, Excel, and PowerPoint.
- Finance or Accounting qualifications preferred; relevant work experience may be considered.
- Multiple years of experience in program accounting/finance, especially in estimates-to-complete (ETC) and estimate-at-completion (EAC).
- Extensive knowledge of financial costing, pricing, reporting, invoicing, and familiarity with USGAPP is advantageous.
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Program Financial Analyst employer: OSI Systems
Contact Detail:
OSI Systems Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Program Financial Analyst
✨Tip Number 1
Familiarise yourself with the specific financial systems mentioned in the job description, such as Microsoft Dynamics AX and Excel. Being proficient in these tools will not only boost your confidence but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Network with professionals in the finance and accounting sectors, especially those who have experience in program finance. Engaging with them can provide you with insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your analytical skills and how you've applied them in previous roles. Be ready to share specific examples of how you've managed budgets or conducted variance analysis, as this will showcase your relevant experience.
✨Tip Number 4
Stay updated on industry trends related to detection technology and financial management. Showing that you understand the broader context of the company’s operations can set you apart during interviews.
We think you need these skills to ace Program Financial Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Program Financial Analyst position. Tailor your application to highlight how your skills and experiences align with these requirements.
Craft a Strong CV: Your CV should clearly outline your relevant experience in program accounting and finance. Emphasise your analytical skills, attention to detail, and any specific tools or systems you've used, such as Microsoft Dynamics AX or Excel.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Use specific examples from your past experiences to demonstrate how you can contribute to the financial goals of Rapiscan Systems.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for this role.
How to prepare for a job interview at OSI Systems
✨Understand the Role's Financial Aspects
Make sure you have a solid grasp of financial concepts relevant to the Program Financial Analyst position. Be prepared to discuss your experience with estimates-to-complete (ETC) and estimate-at-completion (EAC), as well as how you've applied these in previous roles.
✨Showcase Your Analytical Skills
Highlight your analytical mindset during the interview. Prepare examples of how you've used data to drive decisions or improve financial outcomes in past projects. This will demonstrate your ability to analyse financials and communicate insights effectively.
✨Communicate Clearly and Confidently
Since the role requires effective communication with diverse teams, practice presenting complex financial information succinctly. Use clear examples from your experience to illustrate your points, ensuring you can convey your ideas to both finance and non-finance stakeholders.
✨Be Ready for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and adaptability. Think of situations where you've had to adjust to changing requirements or resolve conflicts, and be ready to explain your thought process and the outcomes.