Overview Since our founding in 1945, Kaman has had a mindset of constant improvement and creativity. In this way, we fulfill our most important responsibility: providing our customers with solutions to their critical technical and systems challenges. With the resources to pursue large scale
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Financial Analyst

Kaman Corporation • 
Middletown, Connecticut, United States
Position Type: Permanent
Job Description:
Overview

Since our founding in 1945, Kaman has had a mindset of constant improvement and creativity. In this way, we fulfill our most important responsibility: providing our customers with solutions to their critical technical and systems challenges. With the resources to pursue large scale endeavors, we continue to recognize and encourage each person’s ability to create significant change.

Work under the general direction of the Finance Manager with minimum supervision. Responsible for the preparation of significant financial analyses/forecasts in support of the monthly reporting requirements to Corporate and Senior Management.

Invested in our future together.

Essential Duties and Responsibilities

Representative duties include but are not limited to:

  • 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. 
  • Maintain proficiency in required software applications used within the span of responsibilities
Qualifications
  • Broad knowledge of cost accounting/control. 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.
  • Bachelor’s degree in a finance, accounting, or related business discipline.
  • 2 - 5 years of progressive experience in related finance/accounting roles.

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Kaman Corporation is an Equal Opportunity Minority/Female/Individuals with Disabilities/Protected Veteran and Affirmative Action Employer
Kaman Corporation considers for employment and hires qualified candidates without regard to age, race, religion, color, sex, sexual orientation, gender identity, national origin, ancestry, protected veteran or disability status or any factor prohibited by law. Kaman Corporation and all of its related companies fully endorse equal opportunity for all. Kaman provides reasonable accommodation for qualified individuals with disabilities and disabled veterans in job application procedures and/or process. Please inform us if you need assistance completing any forms or to otherwise participate in the application process. For more information, please click here for a notice that provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs (OFCCP).

Many positions at Kaman require access to information or technology that is subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). For ITAR and EAR purposes, U.S. persons include U.S. citizens, nationals and lawful permanent residents, as well as asylees and refugees. The ITAR and/or EAR may limit access rights for non-US Persons or other unauthorized individuals. Kaman reserves the right to require candidates and employees to provide proof of citizenship, nationality and/or immigration status to determine ITAR and EAR compliance requirements.
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