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Job Title: Principal, Finance

Job Code: 43773

Job Location: On Site-  Herndon, VA.

Schedule: 9/80- Employees work 9 out of every 14 days – totaling 80 hours worked, and have every other Friday off

Job Description:

The Principal of Finance leads Financial Planning and Analysis (FP&A) in our Acoustics & Imaging Systems Division ($500M+ revenue).  In this role, you will support the Acoustics & Imaging Division as well as the two business areas across two CAS segments.  You will perform financial planning and analysis in order to understand current and projected business conditions and to meet reporting requirements.  Specific outputs include the review of financial results, the consolidation of financial results for operations, and the timely coordination/consolidation of all required Division reporting. 

• Reports to the Division Director of Finance.
• Develop the Acoustics & Imaging weekly & monthly business review presentation materials.

This is an onsite position located in Herndon, VA.

Essential Functions:

• Financial Forecasting: Develop comprehensive financial statement forecasts, including income statements, balance sheets, and cash flows. Maintain and enhance the processes, tools, and data models needed to produce timely and accurate forecasts, with a strong understanding of underlying drivers.
• Lead Key Financial Deliverables: Own major financial deliverables including the Monthly Financial Review (MFR), Annual Operating Plan (AOP), and 3-year Joint Strategic Plan (JSP). This includes detailed chart development and oversight of inputs from the broader organization and FP&A team.
• Collaboration: Work closely with program finance and accounting teams to develop robust processes, models, and inputs for financial forecasting, including overhead, sales, profit, operating income, and free cash flow projections.
• Reporting and Deliverables: Lead the preparation of financial forecasting reports and deliverables. Coordinate responses to ad hoc financial requests and reports, ensuring accuracy and relevance.
• Rate Management: Manage the tracking of indirect rates. Lead monthly forecast reviews with responsibility for the balance sheet and P&L.
• Ad Hoc Analysis: Demonstrate flexibility in addressing ad hoc financial analysis needs. Use advanced Excel skills to support a variety of business modeling requirements.
• Performance Tracking: Prepare meaningful weekly financial metrics to monitor key performance indicators and enable early action. Analyze data for reasonableness and appropriateness, collaborating with others to improve information sources.
• Process Improvement: Develop tools, templates, and processes to streamline data gathering and report preparation. Ensure the information collected is relevant and at the right level of detail.
• Variance Analysis: Drive understanding of financial variances. Work with stakeholders to identify corrective actions, risks, and opportunities resulting from those variances.
• Presentation and Communication: Prepare impactful presentations and concise analyses. Communicate relevant and actionable information effectively to the appropriate stakeholders.
• System Management: Oversee Hyperion-based forecasting systems.
• Work Planning: Plan and schedule work to meet objectives and deadlines while ensuring compliance with internal, sector, segment, and corporate requirements.

• Travel Expectations: As needed

Qualifications:

• Bachelor’s degree in Finance, Accounting, or closely related discipline with a minimum of twelve (12) years’ experience in general financial management, to include general accounting, cost accounting, or financial planning & reporting.  Or, Master’s degree in Finance, Accounting, or closely related discipline with a minimum of ten (10) years’ experience in general financial management, to include general accounting, cost accounting, or financial planning & reporting. In lieu of a degree, minimum of 16 years of prior related experience.   In lieu of a degree, minimum of 16 years of prior related experience.
• 12-16 years’ experience and demomstrated understanding of government contract accounting, including quoting, progress payments, milestone and percent of completion billing.

Preferred Additional Skills:

• Exceptional interpersonal, and decision-making skills.
• Demonstrated ability at developing plans for short and long-term results.
• Requires strong analytical and problem-solving ability.
• Excellent communication (both oral and written) and listening skills, an orientation to details, and the ability to make quick, informed decisions, a creative problem solver.
• Willingness to take ownership, accept accountability, and thrive under pressure.
• Proven ability to interact and influence team members at all organizational levels; ability to manage effectively both upward and downward.
• Excellent computer skills with strong proficiency in Microsoft Office™ package (Microsoft Outlook®, Microsoft Excel®, Microsoft Word®, Microsoft PowerPoint®, Microsoft Project®), Hyperion HFM/Planning and SAP ERP software a plus.
• Detailed understanding of ASC 606, Revenue from Contracts with Customers
• Advanced proficiency in Excel and PowerPoint
• Ability to work independently and as part of a team
• Prior defense and aerospace industry experience

In compliance with pay transparency requirements, the salary range for this role in California, Massachusetts, New Jersey, Washington State, DC and Virginia (Greater D.C. area), Denver, or NYC areas is $126K-$234K.   The salary range for this role in Colorado state, Hawaii, Illinois, Maine, Maryland, Minnesota, New York state, Cleveland Ohio, Vermont and Virginia (outside of Greater D.C. area) is $109K-$203K. This is not a guarantee of compensation or salary, as final offer amount may vary based on factors including but not limited to experience and geographic location. L3Harris also offers a variety of benefits, including health and disability insurance, 401(k) match, flexible spending accounts, EAP, education assistance, parental leave, paid time off, and company-paid holidays. The specific programs and options available to an employee may vary depending on date of hire, schedule type, and the applicability of collective bargaining agreements. 

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L3Harris Technologies is proud to be an Equal Opportunity Employer. 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. All applicants will be considered for employment without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender (including pregnancy, childbirth, breastfeeding or other related medical conditions), gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, characteristic or membership in any other group protected by federal, state or local laws. L3Harris maintains a drug-free workplace and performs pre-employment substance abuse testing and background checks, where permitted by law.

Please be aware many of our positions require the ability to obtain a security clearance. Security clearances may only be granted to U.S. citizens. In addition, applicants who accept a conditional offer of employment may be subject to government security investigation(s) and must meet eligibility requirements for access to classified information.

By submitting your resume for this position, you understand and agree that L3Harris Technologies may share your resume, as well as any other related personal information or documentation you provide, with its subsidiaries and affiliated companies for the purpose of considering you for other available positions.

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