Sr. Financial Analyst - Engineering

Financial Analyst

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards.

We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future.

Woodward supports our members' wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

Estimated annual base pay : $85,000(minimum) - $110,000(midpoint) - $136,000(maximum)

All members included in annual cash bonus opportunity

401(k) match (4.5%)

Annual Woodward stock contribution (5%)

Tuition reimbursement and Training / Professional Development opportunities for all members

12 paid holidays, including floating holidays

Industry leading medical, dental, and vision Insurance upon date of hire

Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave

Paid parental leave

Adoption Assistance

Employee Assistance Program, including mental health benefits

Member Life & AD&D / Long Term Disability / Member Optional Life

Member referral bonus

Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending

Voluntary benefits, including :

Home / Auto Insurance discounts

Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

Key Responsibilities :

Financial Reporting, Planning and Analysis

Responsible for developing, analyzing, and communicating financial plans, budgets, and variances for the engineering and PMO departments.

Facilitate Annual Operating Plan / Forecast / 1+3 / LRP

Develop detailed understanding of revenue and expenses including headcount, contractor spend, program expenses

Maintain up-to-date YTD revenue / spend by program vs forecast / plan

Support Program teams on periodic Estimate at Completion (EAC) reconciliation

Analyze and present department spend performance vs plan / forecast, including headcount performance

Develop and maintain reconciliation between Planisware (engineering project management software) and internal financial reporting, including budget rates vs actual rates

Develop detailed multi-year capital spend plan and track / report on actual vs plan variances

Prepare and present financial reports to the engineering leadership team and other stakeholders, including variance analysis, financial statements, and Key Performance Indicators (KPIs)

Cost Management

Work with the engineering team to identify cost-saving opportunities and optimize resource allocation.

Facilitate monthly project portfolio analysis review with leadership

Support project reviews / gate reviews / project changes requests by ensuring accuracy of reported results and actions to balance the portfolio to planned spend levels

Support new project initiatives to ensure the overall engineering portfolio remains in line with plan / forecast

Identify cost-saving opportunities and help to manage engineering spend to planned levels

Analyze the performance of the engineering departments to identify areas of improvement and provide recommendations to the engineering leadership team

Support the customer proposal process by reviewing budgeting calculator for accuracy and advocating for appropriate customer funding

Government Cost+ Reporting

Perform project control functions including billing and project cost monitoring to ensure accuracy in accrued monthly cost reporting on U.S. Government contracts

Prepare monthly invoice support to facilitate timely billing

Assist project managers in forecasting future spend and overall project budget management

Training

Engage with the engineering team to improve understanding of Woodward's financial processes and grow the team's financial knowledge.

Business Strategy

May work with engineering leadership team to develop and implement business strategies that align with the company's overall goals and objectives.

Key Skills :

Financial Analysis : Ability to perform detailed financial analysis and modeling, including using financial software and tools.

Accounting : Knowledge of accounting principles and practices, including understanding financial statements and financial reporting requirements. Familiarity with ASC 606 is a big plus.

Budgeting and Forecasting : Ability to prepare and analyze budgets and forecasts for the company, including revenue, expenses, and capital expenditures.

Data Analysis : Strong data analysis skills, including the ability to collect, organize, and analyze financial data.

Communication : Excellent written and verbal communication skills, including the ability to communicate complex financial information to non-financial stakeholders.

Problem Solving : Strong problem-solving skills, including the ability to identify and analyze financial issues and recommend solutions.

Attention to Detail : Strong attention to detail and accuracy, including the ability to identify errors and discrepancies in financial data.

Time Management : Ability to manage multiple tasks and priorities, meet deadlines, and work independently.

Technical Skills : Proficiency in Microsoft Excel (e.g., working with Pivot tables and creating Macros), SAP, financial software, and other financial tools.

Business Acumen : Knowledge of the company's business and industry, including the ability to understand market trends and competitive dynamics.

Successful Candidates Typically Will Have :

Bachelor's Degree in Accounting or Finance

Experience with Earned Value Management

Experience supporting Government contracts

Application window is anticipated to close 14 days from original posting date.

This information is provided in compliance with the Colorado Equal Pay for Equal Work Act and is the company's good faith and reasonable estimate of the compensation range and benefits offered for this position. The compensation offered to the successful applicant may vary based on factors including experience, skills, education, location, and other job-related reasons.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and / or the Export Administration Regulations (EAR). All applicants must be U.S. Persons within the meaning of the ITAR and EAR, or eligible to obtain all required authorizations from the U.S. Department of State and / or the U.S. Department of Commerce. The ITAR defines a U.S. Person as a U.S. citizen or national, lawful permanent resident (i.e., 'Green Card holder'), or a protected person (e.g., asylee, or refugee).

Woodward is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, sex (including sexual orientation and gender identity), national origin, age, disability, protected veteran status, or any other category protected under federal, state, or local laws.