Specialist, Financial Analyst, Bids - Hamilton, Canada - L3Harris Technologies

L3Harris Technologies

Verified Company

Hamilton, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Specialist, Financial Analyst, Bids & Proposals

L3HARRIS WESCAM Division

Hamilton, Ontario

About L3HARRIS WESCAM

As a subsidiary of L3Harris Technologies and within the Integrated Mission Systems Segment, the WESCAM division develops the most advanced optical sensor and targeting systems for global defense and military sectors, National Security, Search & Rescue and Airborne law enforcement agencies.

From long-range covert surveillance missions to search and rescue operations, our MX-series systems, and the mission systems solutions they are a part of, produce stabilized high-magnification electro1-optical and infrared images from airborne, marine and ground based platforms, enabling our customers to see first and act first.

About the Role

Develops, interprets and implements financial concepts for potential future bids and proposals. Performs analysis to determine present and future financial performance. Gathers, analyzes, prepares and summarizes recommendations for financial plans, acquisition activity, trended future requirements and operating forecasts. Provides analysis of profit and loss related to potential future orders. Prepares reports of findings and recommendations to leadership. Responsible for the review and analysis of individual bid cash positions as well as short-term and long-term cash forecasts.

May perform analysis in the areas of rates of return, depreciations, working capital requirements, investment opportunities, investment performance and impact of governmental requirements.

This role is within the Program Finance (PF) Team at the WESCAM Division, reporting to the Manager, Programs Finance. This is a team of business partners who support the various major departments at WESCAM (e.g. Program Management, Bids and Proposals etc.) on finance-related matters.

Specifically, this role will support the Bids and Proposals / Business Development department, with a focus on providing analysis, pricing and proposal development in support of winning contracts with customers as well as the annual update and routine maintenance of the Divisions Pricebook.

Primary Responsibilities

Assistance with the annual pricing catalogue update
Lead process improvements activities within the Bids & Proposals related price book sections
Developing and maintenance of financial models / templates required to analyze proposal financials and support the bid review and approval process
Assist in the preparation of the financials information on large multimillion dollar major proposals
Involvement in strategic pricing decisions including running real time whatif scenario analysis
Preparation of financial schedules and decks during bid approval review meetings
Providing ongoing guidance and expertise for pricing support to bids and proposal coordinators and functional teams
Ongoing analysis of engineering Bill of Materials (BOMs) and providing pricing support on custom product offerings
Ownership of the WESCAM spare part pricing, analysis and maintenance of part pricing tool
Recommend changes to standard reporting to better highlight key business issues
Analyze and effectively communicate insightful conclusions about the business
Understand and incorporate the entire financial picture in all analysis and reporting
Advise on appropriate payment terms and schedule for bid submissions based on the customer payment risk profile
Forecast advance payment amounts to be integrated into the WESCAM balance sheet
Develop standard operating procedures to outline and document team processes
Support the price justification process and related requirements for Contract Acceptance

Required Capabilities

Expert MS Excel skills (formulas and chartgeneration)
Advanced knowledge in other MS Office suite software (PowerPoint, Word)
Strong analytical, problem solving and data organization/interpretation skills
Financial modeling and financial statement analysis
Prior experience in planning & budgeting preferred
Team player attitude; ability to develop strong working relationships with key managers
Excellent written and verbal communication skills
Open, honest customercentric attitude
Ability to multitask, prioritize workload, and meet tight deadlines
Curiosity and intuitiveness to look beyond the toplevel metrics and numbers

Desired Education and Experiences

Requires strong knowledge of job area typically obtained through advanced education combined with experience
Typically viewed as having a specialty within discipline
May have practical knowledge of project management
Bachelor's Degree and minimum 4 years of prior relevant experience
CPA or working towards CPA Designation would be an asset

About L3Harris Technologies

In July L3 Technologies and Harris Corp merged to become L3Harris Technologies, becoming an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs.

The compan