Financial Analyst III
Elbit Systems of America · Roanoke, VA · 1 wk ago
FinanceFull-time
About the role
Elbit America’s Warfighter Systems business is a world leader in low-light sensor technology, engineering the future of image intensifiers and night vision goggle systems. The Financial Analyst will analyze, track, and optimize revenue, cost, and profitability for the growing $450M+ Warfighter Systems division, supporting cross-functional teams including Operations, Supply Chain, Contracts, Business Development, and Program Management.
Responsibilities
- Generate accurate and timely reports, including key Sales & Margin and Orders reports.
- Analyze, report, and reconcile revenue, orders, cost of goods sold, production costs, and variance analysis.
- Lead monthly Revenue & Cost of Goods Sold reconciliation processes.
- Own revenue recognition related processes, including closing, reporting, and audit related activities.
- Own Program/Project Finance related activities; help set up new projects in the financial system with accurate business partner, contract, and other financial data.
- Analyze and reconcile revenue/invoicing, cost/inventory, and related balance sheet accounts.
- Support complex Percentage of Cost Completion (POCC) accounting for select government projects; own project setup and analysis, including revenue, cost, and inventory.
- Resolve issues; prepare related monthly journal entries and reconciliations.
- Analyze manufacturing costs, including direct and indirect materials, labor, and overhead expenses; identify key cost drivers, trends, and areas for improvement to enhance operational efficiency and cost-effectiveness.
- Establish and maintain standard costs for materials, labor, and overhead; review and update standard costs annually.
- Assist with inventory valuation, including raw materials, work-in-progress, and finished goods; perform regular inventory reconciliations and identify discrepancies or variances.
- Contribute to inventory control strategies to avoid excess or obsolete inventory; support quarterly physical inventories and weekly cycle count processes.
- Own monthly bonded stock and ship-in-place inventory review, analysis, and audit related activities.
- Perform monthly closing activities, journal entries, and reporting; own related account reconciliation processes.
- Utilize BlackLine system for closing and reconciliation tracking; ensure compliance with GAAP and internal financial policies; maintain SOX controls and procedures.
- Support internal and external E&Y audit testing and requests as required.
- Partner with Finance & IT teams to support key Accounting/Finance processes in legacy ERP system and new A&D Infor ERP system being implemented at Roanoke site.
Qualifications
- Bachelor’s degree in Accounting or Finance.
- CPA/CMA is a plus but not required.
- Minimum of 3+ years of relevant Accounting/Finance work experience preferred.
- Direct experience working in revenue and cost accounting, commercial and government contracting, and a manufacturing environment is a plus.
- Working knowledge of ASC 606 Revenue Recognition, Generally Accepted Accounting Principles (GAAP), Sarbanes-Oxley (SOX) controls, and ERP systems (Infor preferred).
- Excellent analytical, communication (verbal and written), and organizational skills.
- Ability to multi-task, prioritize, and work in fast-paced environment; overall mindset of continuous improvement.
- Strong problem-solving skills and the ability to proactively identify and implement process improvements.
- Advanced expertise with MS Excel, including complex formulas and pivot tables.
Why Roanoke, Virginia?
- Lower cost of living
- Family-friendly area
- Career and economic growth
- Scenic beauty
- Outdoor enthusiast’s dream
Benefits
- Most locations offer a 9/80 schedule, providing every other Friday off
- Competitive compensation & 401(k) program to plan for your future
- Robust medical, dental, vision, & disability coverage with qualified wellness discounts
- Basic Life Insurance and Additional Life & AD&D Insurances are available
- Flexible Vacation & PTO
- Paid Parental Leave
- Generous Employee Referral Program
- Voluntary Benefits Available: Longer Term Care, Legal, Identity Theft, Pet Insurance, and more
- Voluntary Tricare Supplement available for military retirees