Specialist, Bids & Proposals Financial Analyst
Waterdown, Canada
Job ID 21546L3Harris is dedicated to recruiting and developing high-performing talent who are passionate about what they do. Our employees are unified in a shared dedication to our customers’ mission and quest for professional growth. L3Harris provides an inclusive, engaging environment designed to empower employees and promote work-life success. Fundamental to our culture is an unwavering focus on values, dedication to our communities, and commitment to excellence in everything we do.
L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security.
9/80 work schedule available for most U.S. and Canada employees, effective October 24, 2022.
Specialist, Bids & Proposals Financial Analyst
Reference #21546
Waterdown, 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 electro-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. 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 and Pricing Team at the WESCAM Division, reporting to the Manager, Pricing & 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
- Assist with 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 multi-million dollar major proposals, including financial schedules and decks during bid approval review meetings
- Involvement in strategic pricing decisions including running real time what-if scenario analysis
- Providing ongoing guidance and expertise for pricing support to bids and proposal coordinators and functional teams
- Support the price justification process and related requirements for Contract Acceptance
- Ongoing analysis of engineering Bill of Materials (BOMs) and providing costing and pricing support on custom product offerings
- Ownership of the WESCAM spare part pricing, analysis and maintenance of the part pricing tool
- Recommend changes to standard reporting to better highlight key business issues
- Develop standard operating procedures to outline and document team processes
Required Capabilities
- Expert MS Excel skills (formulas and chart-generation)
- Advanced knowledge in other MS Office suite software (PowerPoint, Word)
- Strong organization skills and ability to manage competing priorities
- Quick learner with exceptional attention to detail
- Ability to work independently as well as in a team
- Excellent written and verbal communication skills
- Ability to work in a fast-paced environment
- Can-do attitude!
- Financial modeling and financial statement analysis
- Prior experience in planning & budgeting preferred
Desired Education and Experiences
- Requires proficient knowledge of job area
- 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
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L3Harris performs background checks prior to employment as all applicants must be eligible for registration with the Controlled Goods Program and obtain and maintain a positive security assessment. Some positions may require a government of Canada “Reliability” status and/or Level 2 (Secret) security clearance.In addition, L3Harris performs pre-employment substance abuse testing where required.
At L3Harris, we foster an inclusive and equitable workplace. L3Harris is committed to treating all employees and applicants for employment with respect and dignity and maintaining a workplace that is free from unlawful discrimination. For applicants with disabilities, we will provide you with accommodation so that you have what you need in order to be at your best.