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Senior Analyst, Program Finance
Saronic Technologies
IT, Accounting & Finance
Austin, TX, USA
Posted on Feb 20, 2025
Saronic Technologies is a leader in revolutionizing defense autonomy at sea, dedicated to developing state-of-the-art solutions that enhance maritime operations for the Department of Defense (DoD) through autonomous and intelligent platforms.
Location: Austin, TX
Reports To: Manager, Financial Analysis
About the Role:
We are seeking a Program Finance Sr. Analyst to provide financial oversight and analysis for our government contracts and programs. This role will be responsible for tracking program financial performance, ensuring compliance with government regulations, and supporting pricing, cost analysis, and revenue forecasting.
The ideal candidate has a strong understanding of government contracting, cost structures, and financial reporting in a manufacturing or defense environment. This role will work closely with program managers, contracts, and finance leadership to drive financial discipline and decision-making.
Key Responsibilities:
- Program Financial Management & Analysis
- Monitor program budgets, actual costs, and revenue recognition, ensuring financial performance aligns with expectations.
- Provide variance analysis on labor, materials, and overhead costs, identifying risks and opportunities.
- Develop forecasting models for program revenue, expenses, and cash flow.
- Support program managers with financial insights to optimize performance and profitability.
- Government Compliance & Cost Analysis
- Ensure compliance with FAR, DFARS, CAS, and DCAA audit requirements.
- Support cost estimating, pricing, and rate development for proposals and contract modifications.
- Assist in cost-plus, fixed-price, and T&M contract analysis, ensuring accurate financial reporting.
- Work with accounting to ensure accurate program revenue recognition and billing compliance.
- Reporting & Decision Support
- Prepare monthly program financial reports, tracking key performance metrics and contract burn rates.
- Develop dashboards and presentations for executive and program leadership.
- Conduct financial risk assessments to support business decisions and contract negotiations.
- Cross-Functional Collaboration & Process Improvement
- Partner with contracts, operations, and supply chain to ensure financial alignment on programs.
- Identify and implement process improvements to enhance financial reporting and program cost visibility.
- Support ERP and financial system enhancements to improve program financial tracking.
Qualifications:
- 3-7+ years of experience in program finance, government contracting, or related finance roles.
- Strong understanding of government contracts (FAR, DFARS, CAS) and DCAA compliance.
- Experience with cost estimating, EAC (Estimate at Completion) analysis, and revenue forecasting.
- Proficiency in financial modeling, Excel, and ERP systems (NetSuite preferred).
- Ability to analyze complex data and provide clear, actionable insights.
- Manufacturing or defense industry experience preferred.
Why This Role?
- This role is an opportunity to own and drive the financial performance of critical programs while working at the intersection of finance, contracts, and operations.
Benefits:
- Medical Insurance: Comprehensive health insurance plans covering a range of services
- Saronic pays 100% of the premium for employees and 80% for dependents
- Dental and Vision Insurance: Coverage for routine dental check-ups, orthodontics, and vision care
- Saronic pays 99% of the premium for employees and 80% for dependents
- Time Off: Generous PTO and Holidays
- Parental Leave: Paid maternity and paternity leave to support new parents
- Competitive Salary: Industry-standard salaries with opportunities for performance-based bonuses
- Retirement Plan: 401(k) plan
- Stock Options: Equity options to give employees a stake in the company’s success
- Life and Disability Insurance: Basic life insurance and short- and long-term disability coverage
- Additional Perks: Free lunch benefit and unlimited free drinks and snacks in the office
Saronic does not discriminate on the basis of race, sex, color, religion, age, national origin, marital status, disability, veteran status, genetic information, sexual orientation, gender identity or any other reason prohibited by law in provision of employment opportunities and benefits.