{"schemaVersion":"jobsearcher.job.v1","id":"5b2d129148b6047f3dfb565c","url":"https://jobsearcher.com/jobs/5b2d129148b6047f3dfb565c","canonicalUrl":"https://jobsearcher.com/jobs/5b2d129148b6047f3dfb565c","title":"Program Financial Analyst","description":"Program Financial AnalystThis role has overall responsibility for the administration of the accounting function for programs. The role has accountability and custody of the programs accounting data and records. The role provides life-cycle accounting, analytical support, and finance partnering expertise to Program Manager(s) from pricing proposals through financial reporting of those programs. The role partners with the Program Manager(s) to manage the WBS structure, ensure actual costs are maintained in SAP, and all relevant costs are budgeted/forecasted and accounted for on a timely basis. Forecasting includes sales (revenue recognition), inventory, gross margin, and cash.\r\nEssential Functions:\r\nAttend program kick-off meeting, setting up program in SAP and generating WBS structures.\r\nMonthly review of all program balances (WIP, deferred revenue, unbilled), raising accruals or other entries as appropriate, and reconcile all outstanding items.\r\nEnsure all internal controls and accounting policies regarding program accounting and bids & tenders are followed. Recommend improvements to the same where appropriate.\r\nEnsure all program invoicing occurs on schedule and is IFRS/FAR/government contract compliant.\r\nMonthly review of all cost elements ensuring accuracy and reasonableness.\r\nVariance analysis (actuals vs forecast and budget)\r\nMonitor cumulative billings against contract value and highlight programs that are approaching contract ceilings.\r\nPresent financial results in monthly program management reviews; addressing financial risks and opportunities to leadership.\r\nSupport internal and external audits.\r\nEnsure that all accounting information is captured accurately within the timetables set for month end and year end reporting.\r\nCompare program actual costs to bid / budget costs highlighting variances and propose suggestions for recovery where applicable.\r\nCreation of WBS's in SAP in accordance with the contract based on an understanding of the implications of how the WBS will function within SAP.\r\nForecasting:\r\nLeading program financial reviews with Program Manager(s) detailing current financial performance and trends.\r\nIdentify and highlight program financial risks versus budget and prior forecast. This includes variances in expected revenue or costs.\r\nProactively escalate variances to budget (revenue, cost, gross profit/gross margin %) to Program Manager(s) and Finance leadership.\r\nSupport revenue forecasting and providing narratives detailing variance to budget and prior forecast.\r\nAct as finance subject matter expert on assigned programs. Possess a deep knowledge of revenue recognition, cost structure, invoicing requirements, cost and revenue drivers on assigned programs.\r\nWork with assigned Program Managers to document contract performance to date, monthly ETC and EAC projections, and provide forecast inputs of revenue and gross margin per project.\r\nUnderstand and communicate cash collection expectations, highlighting aging items and actions to resolve.\r\nForecast balance sheet items such as obsolescence, inventory minimum buy/write-off impacts, project WIP, and others.\r\nSupporting the bid and proposal process for both government and commercial proposals by reviewing the solicitation and determining the financial structure of the bid and raising any financial risks that may be present.\r\nManaging and verifying accuracy of the financial data in proposals, completing ah-hoc scenarios.\r\nPresenting financial data during Gate review meetings.\r\nPopulating cost volumes and customer submission files.\r\nOther duties and responsibilities that occur on an ad hoc basis or are not specific to the above:\r\nAssist the Program Finance Manager with preparing and reviewing deliverables, training new hires and establishing best practices/procedures.\r\nParticipate in continuous improvement efforts, identify quality improvements, and evaluate opportunities to drive efficiency and effectiveness.\r\nSupport the various responsibilities required by the financial reporting/accounting cadence including, but not limited to month-end, half-end, year-end.\r\nProvision of information to support assumptions and estimates in compiling budgets and forecasts.\r\nOperate within Company policies and procedures such as Smiths Code of Business Ethics with a high level of integrity\r\nEnsure compliance of Company operations to all applicable laws, regulations and standards, regulations and standards, good business practices and company documented procedures (including but not limited to Financial Data Quality Management, ISO 9001, ISO 14001, OHSAS 18001 and OHSAS 14001)\r\nOther duties as required.\r\nEducation Requirements:\r\nBachelor's degree in accounting or finance is required\r\nMBA preferred\r\nExperience:\r\n3 5 years of accounting or finance experience.\r\nExpert in SAP\r\nManufacturing, commercial, and/or corporate accounting/finance experience.\r\nWe offer Join us and we'll help build your career, with excellent training and opportunities for career growth across the business, both locally and globally. You'll experience an inclusive environment, with strong leadership and a focus on safety and wellbeing. You'll also have the flexibility to choose from a wide range of benefits to suit your lifestyle, offering you and your family support from a health and wellbeing, financial and lifestyle perspective.\r\nJoin us and work for a world-leader, with the benefits and training to reward your dedication and skills. Be part of a team where we are making the world a safer place.\r\nHIRING SALARY RANGE: $69,600 - $156,720/yr (Salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant and alignment with internal and market data.) This role offers a competitive Business Profit Plan. This position includes a competitive benefits package. For details, please visit the Reward & Benefits tab on our main careers page at https://www.smithsdetection.com/careers/.\r\nAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.\r\nIf you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail stat@smiths.com or call toll-free 877-703-1029. This email and phone number is created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response. Smiths Detection, Inc. participates in the Electronic Employment Verification Program.\r\nWe believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.\r\nAt no time during the hiring process will Smiths Group, nor any of our recruitment partners ever request payment to enable participation including, but not limited to, interviews or testing. Avoid fraudulent requests by applying jobs directly through our career's website (Careers - Smiths Group plc).","company":"Smiths Group","rawCompany":"smiths group","city":"Edgewood","state":"MD","isRemote":false,"isActive":false,"createdAt":"2026-04-09T07:59:46.430Z","occupations":[{"code":"13-2011.00","title":"Accountants and Auditors","slug":"accountants-and-auditors"},{"code":"13-2099.00","title":"Financial Specialists, All Other","slug":"financial-specialists-all-other"},{"code":"11-3031.00","title":"Financial Managers","slug":"financial-managers"}],"industries":[{"code":"813211","title":"Grantmaking Foundations","slug":"grantmaking-foundations"},{"code":"541511","title":"Custom Computer Programming Services","slug":"custom-computer-programming-services"},{"code":"541618","title":"Other Management Consulting Services","slug":"other-management-consulting-services"}],"jobPosting":{"@context":"https://schema.org","@type":"JobPosting","title":"Program Financial Analyst","description":"Program Financial AnalystThis role has overall responsibility for the administration of the accounting function for programs. The role has accountability and custody of the programs accounting data and records. The role provides life-cycle accounting, analytical support, and finance partnering expertise to Program Manager(s) from pricing proposals through financial reporting of those programs. The role partners with the Program Manager(s) to manage the WBS structure, ensure actual costs are maintained in SAP, and all relevant costs are budgeted/forecasted and accounted for on a timely basis. Forecasting includes sales (revenue recognition), inventory, gross margin, and cash.\r\nEssential Functions:\r\nAttend program kick-off meeting, setting up program in SAP and generating WBS structures.\r\nMonthly review of all program balances (WIP, deferred revenue, unbilled), raising accruals or other entries as appropriate, and reconcile all outstanding items.\r\nEnsure all internal controls and accounting policies regarding program accounting and bids & tenders are followed. Recommend improvements to the same where appropriate.\r\nEnsure all program invoicing occurs on schedule and is IFRS/FAR/government contract compliant.\r\nMonthly review of all cost elements ensuring accuracy and reasonableness.\r\nVariance analysis (actuals vs forecast and budget)\r\nMonitor cumulative billings against contract value and highlight programs that are approaching contract ceilings.\r\nPresent financial results in monthly program management reviews; addressing financial risks and opportunities to leadership.\r\nSupport internal and external audits.\r\nEnsure that all accounting information is captured accurately within the timetables set for month end and year end reporting.\r\nCompare program actual costs to bid / budget costs highlighting variances and propose suggestions for recovery where applicable.\r\nCreation of WBS's in SAP in accordance with the contract based on an understanding of the implications of how the WBS will function within SAP.\r\nForecasting:\r\nLeading program financial reviews with Program Manager(s) detailing current financial performance and trends.\r\nIdentify and highlight program financial risks versus budget and prior forecast. This includes variances in expected revenue or costs.\r\nProactively escalate variances to budget (revenue, cost, gross profit/gross margin %) to Program Manager(s) and Finance leadership.\r\nSupport revenue forecasting and providing narratives detailing variance to budget and prior forecast.\r\nAct as finance subject matter expert on assigned programs. Possess a deep knowledge of revenue recognition, cost structure, invoicing requirements, cost and revenue drivers on assigned programs.\r\nWork with assigned Program Managers to document contract performance to date, monthly ETC and EAC projections, and provide forecast inputs of revenue and gross margin per project.\r\nUnderstand and communicate cash collection expectations, highlighting aging items and actions to resolve.\r\nForecast balance sheet items such as obsolescence, inventory minimum buy/write-off impacts, project WIP, and others.\r\nSupporting the bid and proposal process for both government and commercial proposals by reviewing the solicitation and determining the financial structure of the bid and raising any financial risks that may be present.\r\nManaging and verifying accuracy of the financial data in proposals, completing ah-hoc scenarios.\r\nPresenting financial data during Gate review meetings.\r\nPopulating cost volumes and customer submission files.\r\nOther duties and responsibilities that occur on an ad hoc basis or are not specific to the above:\r\nAssist the Program Finance Manager with preparing and reviewing deliverables, training new hires and establishing best practices/procedures.\r\nParticipate in continuous improvement efforts, identify quality improvements, and evaluate opportunities to drive efficiency and effectiveness.\r\nSupport the various responsibilities required by the financial reporting/accounting cadence including, but not limited to month-end, half-end, year-end.\r\nProvision of information to support assumptions and estimates in compiling budgets and forecasts.\r\nOperate within Company policies and procedures such as Smiths Code of Business Ethics with a high level of integrity\r\nEnsure compliance of Company operations to all applicable laws, regulations and standards, regulations and standards, good business practices and company documented procedures (including but not limited to Financial Data Quality Management, ISO 9001, ISO 14001, OHSAS 18001 and OHSAS 14001)\r\nOther duties as required.\r\nEducation Requirements:\r\nBachelor's degree in accounting or finance is required\r\nMBA preferred\r\nExperience:\r\n3 5 years of accounting or finance experience.\r\nExpert in SAP\r\nManufacturing, commercial, and/or corporate accounting/finance experience.\r\nWe offer Join us and we'll help build your career, with excellent training and opportunities for career growth across the business, both locally and globally. You'll experience an inclusive environment, with strong leadership and a focus on safety and wellbeing. You'll also have the flexibility to choose from a wide range of benefits to suit your lifestyle, offering you and your family support from a health and wellbeing, financial and lifestyle perspective.\r\nJoin us and work for a world-leader, with the benefits and training to reward your dedication and skills. Be part of a team where we are making the world a safer place.\r\nHIRING SALARY RANGE: $69,600 - $156,720/yr (Salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant and alignment with internal and market data.) This role offers a competitive Business Profit Plan. This position includes a competitive benefits package. For details, please visit the Reward & Benefits tab on our main careers page at https://www.smithsdetection.com/careers/.\r\nAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.\r\nIf you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail stat@smiths.com or call toll-free 877-703-1029. This email and phone number is created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response. Smiths Detection, Inc. participates in the Electronic Employment Verification Program.\r\nWe believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.\r\nAt no time during the hiring process will Smiths Group, nor any of our recruitment partners ever request payment to enable participation including, but not limited to, interviews or testing. Avoid fraudulent requests by applying jobs directly through our career's website (Careers - Smiths Group plc).","datePosted":"2026-04-09T07:59:46.430Z","dateModified":"2026-04-09T07:59:46.430Z","hiringOrganization":{"@type":"Organization","name":"Smiths Group","sameAs":"https://jobsearcher.com"},"jobLocation":{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"Edgewood","addressRegion":"MD","addressCountry":"US"}},"identifier":{"@type":"PropertyValue","name":"JobSearcher","value":"5b2d129148b6047f3dfb565c"},"url":"https://jobsearcher.com/jobs/5b2d129148b6047f3dfb565c"}}