Senior Manager, Financial Strategy and Analytics

Overview

The Senior Manager of Financial Strategy & Analytics is responsible for establishing innovative, efficient, effective and fully integrated financial management processes and practices which can be relied upon to consistently produce timely, accurate and relevant analyses & business decision support to IDA senior leadership. This position is responsible for challenging the status quo, driving process and finance business systems change that improves how we work and how we deliver constructive value to IDA's divisions and directorates, effectively forging new paths to work smarter.

Responsible for operationally supporting the current set of financial business systems & tools and partnering strategically with IDA's CIO organization to determine the next generation of financial business systems & tools that will increase the value proposition of IDA's financial management capabilities.

Chartered with fostering a collaborative partnerships across all of IDA to ensure stakeholder needs are well-understood and addressed and that awareness of and adherence to financial policies is embedded in IDA's operations.

Strategic partner to IDAs Controller in all aspects of financial management, from creating sustained improvements in financial management analysis & reporting to supporting the Controller with government and external auditors. Oversees the work of and provides advice and guidance to lower level staff within the Finance Directorate.

Responsibilities

• Leads corporate-wide budgeting and forecasting processes that identify and mitigate budget performance risks using timely analyses of root cause and options analysis.
  • Analyzes budget performance and proactively set in motion actions to meet cost objectives.
  • Works effectively cross-organizationally to analyze and report on financial results from an actual vs budget perspective.
  • Works with managers of division administration and the technical divisions to integrate and streamline internal and external financial reporting while ensuring compliance.
  • Prepares provisional billing rates and "what if" indirect rate modeling (OH, Fringe, facilities, G&A, etc.)
• Drives IDA financial reporting processes toward use of data analytics, dashboards, and data visualizations to reduce or eliminate reliance on paper reporting.
  • Develops relevant financial management reporting, including the innovative use of data visualizations and dashboards, to internal IDA management, auditors, and external sponsors as required. These reports may include, but are not limited to:
    • Standard monthly, annual, and multi-year reporting
    • Key business metrics & analytics such as labor, overhead, G&A, facilities indirect rates, and unallowable expenditures
    • Variance Analysis and interpretation of financial results
    • Benchmarking
    • Additional analyses and reports as requested by management
  • Executes quick turnaround decision-support analysis that is responsive, accurate, comprehensive, and reliable.
  • Focal point for finance staff and technical division's managers of division administration (MDAs) to ensure the financial data and reporting they need is current, accurate, complete and readily available. Responds to ad-hoc questions regarding division financials.
  • Through effective data analytics, assesses IDA's historical and current financial performance as a means of understanding trends and predicting future revenue, expenses, cash flows, and indirect rate impacts.
• Leads the annual corporate capital and operating budget development and management processes
  • Works with unit management to ensure that processes are transparent and efficient and submissions are complete, accurate and timely.
  • Works with FP&A manager to prepare and distribute annual budget templates.
  • Reviews and finalizes FP&A managers draft capital, General and Administrative (G&A), and Unallowable budgets.
  • Reviews full annual budget and makes recommendations for changes based on affordability and company goals.
  • Prepare detailed budgets and indirect rate models in excel from data currently housed in different sources.
  • Monitors budget vs. actual, coordinates with divisions and directorates to analyze and report on MTD/YTD variances to management.
  • Engages in ongoing cost reduction analyses in all areas of the company.
  • Continually assesses processes, utilizing stakeholder feedback, for streamlining, simplifying and improvement opportunities.
• As the primary liaison between Finance and Systems Development & Implementation (SDI), will lead efforts to assess and modernize the current financial business systems, tools, and processes.
  • Maintains oversight over corporate financial business systems including accounting, financial, travel management, timekeeping, business intelligence, and property management systems and data analytics tools.
  • Partnering with SDI and finance management, will drive continuous improvement in financial operations, optimizing financial processes and procedures, leveraging the financial system to its fullest capacity, and implementing the latest business systems tools & technologies where prudent.
  • As a leader in financial management, will continually seek knowledge of best business practices across financial planning & analysis, data analytics, and cost estimating to ensure IDAs financial practices keep pace with industry trends and internal IDA management expectations.
• Self-driven leader who utilizes independent judgment and demonstrates confidence in leading change and bringing others along in delivering innovative new approaches.
  • A results-oriented change-agent who will effectively lead organizational change and create organizational success.
  • Chartered to develop trusted and effective relationships with a wide base of stakeholders which includes but is not limited to corporate officers, senior level technical directors and their managers of division administration, and peer managers across operations and within finance & administration.
  • Critical thinker with exceptional analytical skills, able to see the big picture yet drill down to the details when necessary to perform complex analyses.
  • Evidence of strong communication skills and ability to deliver complex ideas in a simple way. Must fully understand and can easily articulate the business & financial framework in which IDA executes its work and measures performance.
• Supports contract-related financial activities and serves as backup for FP&A Project Control Manager whose duties include:
  • Prepares cost proposals as required
  • Participates in contract financial negotiations
  • Monitors and maintains contract funding information
• Assists Director of Finance/Administration, CFO and Treasurer and Sr. Manager, Corporate Real Estate in facility/real estate activities including financing, contract negotiations and complex financial analyses.
• Applies knowledge of Federal Acquisition Regulations, Cost Accounting Standards, and Forward Pricing Rate Proposal and CAS Disclosure Statement requirements to ensure high-quality, compliant finance practices.
• Manages FP&A team to ensure accurate financial reporting prior to information distribution
• Performs other duties as required.
  

Qualifications

• Bachelor's degree in Accounting, Finance or related area; MBA and/or CPA preferred.
• Minimum of ten years of experience in administration of corporate financial systems including accounting, finance, travel management, timekeeping, and business intelligence with at least five years supervisory work experience
• Experience in government contracting, commercial contracts, leases, Cost Accounting Standards (CAS) and the Federal Acquisition Regulations (FAR).
• Experience with Costpoint and Cognos systems
• Knowledge of annual budgeting, and forward pricing rate proposals/provisional billing rates
• Experience leveraging advanced excel functions
• Ability to work with accounting and IT staff to take full advantage of off-the-shelf and internally created financial systems and to lead effort to modernize current suite of financial/business systems and tools.
• Demonstrated ability to communicate effectively both orally and in writing with all levels of staff and external personnel.
• U.S. Citizenship is required.
• Ability to obtain and maintain a security clearance is required.
• Successful completion of a criminal background check is required.
  

Why work at IDA?

• Competitive salary and benefits, including diverse health insurance options, generous 11% contribution to retirement, 6 weeks 100% paid parental leave, 20 days paid time off, and relocation reimbursement.
• Mission-oriented work at a non-profit that supports and protects our Nation's warfighters; as a non-profit, IDA employees are eligible for Public Service Loan Forgiveness (PSFL).
• Professional development including tuition reimbursement, internal and external trainings, and funding for researcher-pitched projects and publications.
• A strong employee and corporate culture of work-life balance, including commitment to average 40-hour work weeks through flex time, partial telework options, and expectation of communication only during core business hours.
• Located in Alexandria's high-tech corridor, IDA's brand new Potomac Yard facility is equipped with state-of-the-art technology, workspaces and amenities, including a cafeteria, grab-n-go cafe and gym.
• Easy access to local dining and shopping, the Potomac Yard Metro stop and the Potomac Yard DASH bus stop. Employer contributes $300/month (IRS max) to commuter benefits.

Compensation

We support transparency, equity, and fairness in our compensation program and provide a reasonable estimate of the salary range based on data-driven market analysis for each position. While it is not typical for an individual to be hired at or near the top of the range, a reasonable estimate of the salary range for this role is $144,090 - $230,554. Individual salary within this range will be commensurate with the incumbent's experience, unique skills and qualifications, and other relevant factors.