Multi Function Finance Analyst
Job Reference:
LM People Job Code/Title:
Location:
Programme / Functional Group:
ISGS11504
E4083I Mult Func Fin Analyst Sr
Whiteley
IS&GS - Transportation and Energy - NATS
Description of Business Environment:
Lockheed Martin is a large, multi-national corporation specialising in the management of
complex technology programmes. The Information Systems & Global Solutions (IS&GS)
Organisation has 3 lines of business, Public Services, Security & Defence and
Transportation & Energy. The organisation has 1,000 employees in various UK
locations, including; Farnborough, Gloucester, Lincoln, London, Malvern and Whiteley.
Our products and services include: Air Traffic Management, Communications Systems
(Data Links), Geospatial Intelligence, Information Assurance, Information
Communications Technology, Intelligence Analysis Applications, IT and Network Design
and Support.
Lockheed Martin has entered a strategic partnership with one of it’s customers that
strengthens the existing supplier relationship and underlines their commitment to further
enable improved efficiency, safety and passenger experience across airports and air
traffic systems worldwide.
The programme will see our customer move to a new technology platform that will
improve operational resilience and offer greater service flexibility. The European Union
has an objective to reform air traffic management (ATM) in Europe in order to cope with
sustained air traffic growth and air traffic operations under the safest, more cost- and
flight-efficient and environmentally friendly conditions. This implies de-fragmenting the
European airspace, reducing delays, increasing safety standards and flight efficiency to
reduce the aviation environmental footprint and reducing costs related to service
provision.
Lockheed Martin heritage companies pioneered the development of modern air traffic
control systems in the United States more than 50 years ago. Today our systems
handle 75 per cent of the air traffic in the States and approximatey 60 per cent of the
world’s air traffic, including many countries with their own advanced avionics industries.
When it comes to air traffic safety and efficiency, Lockheed Martin’s proven track record
and industry-leading innovations make it the world’s most trusted air traffic control
partner
Specific Job Description:
As part of a joint team with the customer, Lockheed Martin will deliver system integration
and test expertise in support of a major integration programme which will aid the
customer in achieving a sequence of significant deployments to underpin their wider
business transformation.
Reporting to the Finance & Business Operations Manager, the Finance Analyst is
responsible for providing Programme Financial Control on the programme. The Finance
analyst is responsible for a wide variety of finance oriented tasks for this new and
complex Programme.
Primary responsibilities will include but are not limited to:
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Managing and forecasting Orders, Sales, EBIT (Earnings before interest and
taxation) and Cash reporting
Establishing, maintaining, tracking, and reporting Programme Baselines, and
Outlooks as well as Short Term Forecasts, Long Range Plans and programme
Estimates at Completion (EACs)
Customer Invoicing
Cash collections and maintaining appropriate programme cash flow
Monthly programme financial analysis including balance sheet and income statement
Programme funding analysis
Earned value reporting
Responsible for the production, accuracy and presentation of internal and customer
reports
Performing multiple financial cost analysis functions, including cost allocation, setting
up cost control systems, collecting data, controlling costs and preparing reports that
are maintained in the company's cost accounting system
Identifying and managing key financial drivers
Ensuring that costs are allocated according to established procedures
Responsible for the Programme financial data held on Lockheed Martin US and UK
systems
Liaison with central accounting to ensure systems are functioning appropriately and
data produced has integrity.
Ad hoc MARS ledger reporting
Establishing new financial processes to meet Programme needs
It is important that the candidate has strong communication skills (both verbal and
written) as they will be interfacing with Programme Managers and customers as well as
the Finance Management team. The candidate will be expected to work on multiple
tasks simultaneously and to show a degree of flexibility in working hours when required
to meet project and finance deadlines. The successful candidate will take ownership of
decisions made.
Required Skills:
 CIMA, ACCA or ACA qualified
 Advanced MS Excel experience
 Earned Value experience
 Accounting knowledge
 Communication skills - written and verbal
 Demonstrated ability to work proactively to complete work assignments
 Detail oriented
 Ability to work effectively across organisations
 Strong analytical and problem solving skills
 Background in accounting and financial analysis
Standard Job Description:
Performs one or more multiple financial activities within various finance job functions.
Compiles and reviews budgets using actual performance, previous budget figures,
estimated revenue, expense reports, and other data sources to control funds and
provide for proper financial administration. Performs multiple financial cost analyses
functions, including cost allocation, setting up cost control systems, collecting data,
controlling costs and preparing reports that maintain the company's cost accounting
system. Ensures that costs are allocated according to established procedures. Applies
principles of accounting to analyze financial information and prepare financial reports.
Maintains or oversees the control of accounts and records in such areas as
disbursements, expenses, tax payments, and income.
Typical Minimum Education & Experience:
Ideally require a Bachelors degree from an accredited college and capability typically
achieved through proven professional experience. Will also consider individuals with
equivalent experience / combined education.
Considered experienced, but still a learner.