FP&A, Team Lead

Job Location US-MA-Cambridge
Posted Date 3 weeks ago(2/2/2018 3:37 PM)
Requisition ID
2018-3134

Overview

Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 1,700 employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.

 

Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now www.draper.com/careers.

 

 

Equal Employment Opportunity

Draper is committed to creating a diverse environment and is proud to be an affirmative action and equal opportunity employer.   We understand the value of diversity and its impact on a high-performance culture.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information.   

 

Draper is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact hr@draper.com.

 

Responsibilities

The Financial Planning and Analysis (FP&A) team is part of a 40-member Finance organization, also including Accounting, Treasury and Cost Analysis. The five-person team, led by the Associate Director, FP&A, is trusted upon by senior leadership to provide key strategic, financial and operational information that is critical to driving the business of Draper, an independent, nonprofit research and development company headquartered in Cambridge, MA. For more than 80 years, Draper has applied exquisite engineering solutions to its customers’ most difficult challenges. Draper engineers, the bulk of its 1,700 employees, don’t simply conceive of solutions, they create something that never existed before and prove the feasibility of their creations by developing first-of-their-kind prototypes.

 

 

The Financial Planning & Analysis (FP&A) Team Lead will provide leadership in budgeting, analysis, financial reporting and forecasting for Draper. He/she will be responsible for operational planning for Information Services and Facilities and will further lead company-wide Capital and Depreciation planning and integrated financial modeling. The position resides within the FP&A team reporting to the Associate Director, FP&A. The right highly motivated, energetic and experienced individual for this role will have significant autonomy in delivering new and refined ways of analyzing, reporting, and modeling financial performance.

 

Essential Functions:

  • Dedicated Finance Business Partner to the Information Systems and Facilities teams in their development of financial plans, annual organizational overhead and capital budgeting, forecasting, financial analysis and reporting. Supports these operating organizations in developing and monitoring budgets and other ad-hoc financial planning activities, as required.
  • Responsible for Capital budget process, soliciting and modeling budget requests and the development of associated depreciation and cash flow projections with summarization and presentation of these to the Senior Finance Team. Once approved, work closely with budget owners to ensure transparency in budget vs. actual spending, timing of future spending and any changes to capital requirements as maintained through rolling forecast modeling.
  • Create and maintain an integrated pro-forma income statement, balance sheet and cash flow model for Draper to aid in improved predictability of cash flow requirements.
  • Perform other ad hoc analyses as required. Collect and analyze financial and operational data from disparate sources. Prepare well-developed analyses and presentations regarding various financial matters for key constituents or senior management. Work with others in FP&A to explore tools and technology to improve business processes.

Qualifications

  • Superior Excel skills and hands-on experience with analysis and modeling in conjunction with integrated financial systems and sources (e.g., PeopleSoft, Oracle, DataWarehouse, etc.). Strong leadership, interpersonal and organizational skills are essential, as is the ability to prioritize and multitask under a deadline-driven culture. Must be able to quickly develop an understanding of the organization’s operational characteristics, business drivers and culture. Excellent communication skills required.
  • Bachelor’s degree in Finance/Accounting and 7-10 years of experience in financial planning, budgeting and analysis.

Additional preferred experience, education, etc.:
MBA, or equivalent, also preferred, as is ability to cultivate critical inter- and intra-departmental working relationships, foster an environment of cooperation and trust and effectively meet deadlines while providing a high level of customer service. Should have demonstrable skills to develop a newly hired direct report by providing learning opportunities, mentorship/oversight and challenging work assignments supporting FP&A team, as identified.

 

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