Senior Financial Analyst, FPandA

At Kaman, we are always looking for a better way. Whether we are helping keep our troops safe or pioneering safer ways to fly the globe, we approach every challenge with an innovation mindset. We consider out people to be the key to our success and have created an environment that provides opportunities for our employees to learn and grow in their careers. Find out more about us at Kaman.com/Careers.

As a Sr. Financial Analyst supporting our Middletown, CT facility, you will be responsible for the preparation of significant financial analyses/forecasts in support of the monthly reporting requirements to Corporate and Senior Management. This role is eligible for a hybrid work schedule after a short introductory period.

• Establish and maintain financial models, prepare financial reports and provide analysis to support monthly close, the annual plan, quarterly forecast updates and the strategic plan. Provide monthly analysis of financial results comparing actual performance to budgets and forecasts. Validate actuals and develop forecasts for program sales, gross margin, key balance sheet accounts, cash flow, new business and backlog.
• Responsible for all aspects of program tracking and controls for assigned programs, including establishing the project task structure, baseline budgets, quarterly EACs (Estimates at Completion). Monitor program cost, perform analyses, and prepare reports to ensure contracts are within negotiated and agreed-upon parameters and government cost control guidelines. Identify problem areas with potential impact to financial performance, develop and provide corrective action recommendations to management in a timely manner.
• Develop department budgets. Monitor department costs and investigate variances to plan.
• Develop and maintain overhead rate and forward pricing rate models. Prepare quarterly overhead rate updates and provide variance analysis to prior positions. Develop forward pricing rates and assist in audits.
• Develop and evaluate business case analyses regarding strategies under consideration. Perform financial analyses relative to any activity of the site on request of management.
• Ensure timely submission of all reports required by customers or senior management. Identify and communicate problems promptly and recommend corrective action. Interface effectively with management, customers, and auditors.
• Assist in the immediate supervision and development of less experienced personnel within the group. Plan, schedule, and assign work within the group, provide coordination and technical guidance of activities. Review work at various stages of completion to assure required progress toward meeting target dates and quality of completed work.
• Recognize potential problem situations and initiate or recommend corrective action.
• Assist in Sarbanes-Oxley testing and assessments on a quarterly and annual basis.
• Maintain proficiency in required software applications used within the span of responsibilities.

• Bachelor’s degree in finance or related field
• 5- 7 years of progressive experience in related finance/accounting roles
• Thorough knowledge of word processing, spreadsheet, database and presentation software application skills, as well as fluent written and oral communication skills.
• General finance knowledge sufficient to support the business group’s current and near term requirements

Why Work at Kaman?

We offer competitive salaries along with group medical, vision and dental coverage.

We promote your financial well-being through 401(k) matching and an employee stock purchase program.

We will help you advance your career through mentorship, promotional opportunitites, training and development, and a generous tuition reimbursement program.

We enjoy fun, monthly employee events and participate in charity drives to build a culture of caring and belonging.

We appreciate our employees and recognize their outstanding contributions and years of service through a robust employee recognition program.

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