Director 2, Financial Planning/Analysis

Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000+ employees tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation.

About the role

The Director of Financial Planning and Analysis and Treasury is a strategic finance leader responsible for enterprise-wide financial planning, forecasting, liquidity management, and capital strategy. This role partners closely with executive and functional leadership to drive financial performance and optimize cash flow in a government accounting environment. The director will lead the development of Draper's financial plans, organizational budgeting, key metric forecasting, financial analysis and reporting, and direct the corporate treasury function.

Responsibilities

• Lead the annual operating plan (AOP), five-year integrated business plan (IBP) and rolling forecast processes.
• Lead and develop a high-performing team, establishing scalable processes and analytical rigor.
• Interact closely with senior management and operational leaders to facilitate the financial planning mission and broaden the level of understanding of key financial metrics.
• Provide actionable insights on key drivers: labor utilization, indirect rates, liquidity concerns, and other business risks.
• Prepare executive-level reporting packages, including monthly business reviews, board materials, and dashboards.
• Develop forward pricing rates; document, submit and justify incurred cost submissions.
• Oversee coordination of activities with Accounting during monthly closing cycles. Ensure timely and accurate financial reporting related to operating results.
• Develop a robust capital budgeting, reporting, and capital expenditures request process and establish or enhance all related policies and procedures.
• Manage corporate treasury function including cash management; receipt, disbursement, and protection of cash; manage the investment of surplus cash within investment policy guidelines.
• Develop and maintain productive relationships with Bank of America and other financial institutions; ensure the Lab utilizes cost-efficient banking operating products and services.
• Oversee the management of daily corporate liquidity, establishment of daily cash position, and execution of fund transfers.
• Monitor Draper’s investment portfolios (Corporate, RPE, RPSM); ensure compliance with company policies; analyze and report performance metrics.
• Analyze and anticipate Draper’s operating and capital needs to ensure availability of funds when needed.

Requirements

• Bachelor’s degree in Finance required; MBA preferred.
• 10+ years of experience in financial management with a strong background in finance, planning, treasury operations, and financial systems, preferably highly concentrated in the government contractor environment.

Skills

• Highly motivated and able to demonstrate maturity and composure while working in a fast-paced environment.
• Strong financial skills and a thorough understanding of analytics coupled with sound business judgment.
• Knowledge of cash management, managing financial institution relationships, and dealing with banking products, practices, and services.
• Extensive knowledge of financial analysis, forecasting, budgeting, and planning experience (including financial modeling experience).
• Outstanding oral, written, and presentation skills.
• Able to quickly develop an understanding of the organization’s operational characteristics, business drivers, and culture.
• Able to establish and build relationships across the organization.
• Proficiency with Excel required; PeopleSoft ERP and Adaptive Planning module is a plus.
• Strong leadership, interpersonal, and organizational skills, as well as the ability to prioritize and multi-task.
• Strong mentoring skills for training and developing staff.

Benefits

• Workplace flexibility and employee clubs ranging from photography to yoga.
• Health and finance workshops, off-site social events, and discounts to local museums and cultural activities.

Pay

The US base salary range for this full-time position is $180,000.00 - $340,000.00. The range displayed reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

Applicants selected for this position may be required to obtain and maintain a government security clearance.