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Principal Functional Cost Analyst, ES CAS (Full-time Remote)

Remote role Full-time Open position

Job Description

The finance organization is a trusted business partner delivering information and innovative solutions for decision-making in order to deliver quality products and capabilities to our customers and, ultimately, the warfighter. We are committed to employee growth and development allowing employees to build a long term career at BAE Systems. In addition to challenging day to day assignments, employees are encouraged to pursue special projects, participate in formal and informal mentoring programs and networking events, and rotate into different roles with increasing levels of responsibility. BAE Systems also provides employees with opportunities to engage with and positively impact the internal and external community in which we work. ES Functional Cost Management (FCM) forecasts, analyzes and reports indirect expenses while monitoring the performance of overhead rates and discretionary spending. FCM is a well-rounded role that exposes an employee to the various facets of BAE Systems finance, cost management and functional leadership. This position requires a strong understanding of overhead expense and rate management, financial system capabilities and CAS/FAR regulations. Because this role involves a combination of independent and collaborative work, this position can be conducted 100% remotely. Responsibilities include:

  • Complex reporting and detailed analysis impacting overall management of overhead expenses, rate performance and cost allowability or allocability
  • Functional Cost Business Partner to multiple functions
  • Preparing and defending cost impact analysis submitted to the USG for compliant disclosed cost accounting practices
  • Continuous process improvements of system reporting capabilities while driving simplified, efficient and repeatable processes for expense management
  • Knowledge of CAS segmentation, allocations, G&A Value Added Base, overhead rate generation
  • Monthly review of rate absorption and monitor risks/opportunities to ES CAS rates
  • Robust collaboration with Government Compliance to support DCMA and DCAA audits
  • Ad hoc reporting as needed

Required Education, Experience, & Skills

  • Bachelor’s degree in business administration, accounting, finance, or related discipline
  • 4+ years of professional experience, ideally in corporate finance
  • Proficiency in Microsoft Office tools, Oracle, Hyperion, SmartView, EMS, Midas Power BI
  • Demonstrated problem solving and in-depth analytical and problem solving skills
  • Ability to prioritize and self-manage a multi-tasked workload in a fast-paced environment
  • Ability to make decisions with sound judgment while complying with policies and procedures
  • Demonstrated ability to communicate and present financial data to other functions in an accurate, concise, and understandable manner
  • Strong interpersonal skills

Preferred Education, Experience, & Skills

  • Experience supporting multiple segments or sectors within BAE Systems; possessing an understanding of the procedural nuances across different internal areas would be ideal.
  • Experience in finance functional disciplines
  • Understanding and knowledge industry practices and standards as well as company policies
  • Understanding of Government Regulations: Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR)

Pay Information Full-Time Salary Range: $99410 - $168997 Please note: This range is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience. Employee Benefits: At BAE Systems, we support our employees in all aspects of their life, including their health and financial well-being. Regular employees scheduled to work 20+ hours per week are offered: health, dental, and vision insurance; health savings accounts; a 401(k) savings plan; disability coverage; and life and accident insurance. We also have an employee assistance program, a legal plan, and other perks including discounts on things like home, auto, and pet insurance. Our leave programs include paid time off, paid holidays, as well as other types of leave, including paid parental, military, bereavement, and any applicable federal and state sick leave. Employees may participate in the company recognition program to receive monetary or non-monetary recognition awards. Other incentives may be available based on position level and/or job specifics. About BAE Systems Electronic Systems BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. Improving the future and protecting lives is an ambitious mission, but it’s what we do at BAE Systems. Working here means using your passion and ingenuity where it counts – defending national security with breakthrough technology, superior products, and intelligence solutions. As you develop the latest technology and defend national security, you will continually hone your skills on a team—making a big impact on a global scale. At BAE Systems, you’ll find a rewarding career that truly makes a difference. Electronic Systems (ES) is the global innovator behind BAE Systems’ game-changing defense and commercial electronics. Exploiting every electron, we push the limits of what is possible, giving our customers the edge and our employees opportunities to change the world. Our products and capabilities can be found everywhere – from the depths of the ocean to the far reaches of space. At our core are more than 14,000 highly talented Electronic Systems employees with the brightest minds in the industry, we make an impact – for our customers and the communities we serve. This position will be posted for at least 5 calendar days. The posting will remain active until the position is filled, or a qualified pool of candidates is identified. Apply tot his job Apply To this Job

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