Leonardo DRS Job - 49606513 | CareerArc
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Company: Leonardo DRS
Location: Bedford, NS, Canada
Career Level: Mid-Senior Level
Industries: Defense, Aerospace


DRS Pivotal Power, Inc. is located in Bedford, Nova Scotia. DRS Pivotal Power is a leader in the design, development and manufacture of high reliability power conversion equipment for mission critical applications supporting all branches of the military in Canada, the US and many countries abroad. All products are designed and manufactured in house by our growing team of over 60 employees. DRS Pivotal Power is part of the Leonardo DRS Naval Electronics group and has currently over 30,000 fielded units boasting a field reliability of over 99%.

Job Summary

Reporting directly to the Senior Director, Finance the Senior Manager, Program Finance will work closely with Line of Business (LOB) leadership to be responsible for the financial reporting, management, and program analysis of the Line of Business portfolio of programs.

Job Responsibilities
  • Develop line of business sales, bookings, profit, program investment and cash forecasts from ongoing contracts and new business opportunities
  • Management of Program Finance functions including forecasting, risk and opportunity management, cash management/working capital, budget preparation, variance analysis, Estimation at Completion (EAC), Basis of Estimate preparation, Earned Value Management Systems (EVMS), contractual reporting, return on investment, audit preparation and program review preparation
  • Manage internal and external financial reporting, analysis of results and associated impact to programs and LOB
  • Oversee linearity of activities and forecasting, tracks cost-down initiatives across the programs and LOB
  • Support proposal preparations for Line of Business programs including Bid-No Bid requirements, cost estimating, pricing, Request for Proposal review, risk mitigation and negotiation
  • Support negotiations with the government, industry prime contractors and foreign customers
  • Establish, develop, and maintain effective business relationships with, and serve as point of contact with, internal, government, commercial foreign and domestic customers
  • Assure soundness of analysis, good business judgment, compliance with policies and procedures, adequacy of results, and that all costs and reasonable fees have been provided for. 
  • Ensure GAAP, CAS, IFRS, SOX, and corporate policies guiding revenue recognition are adhered to on every contract and properly reflected in LOB plans and forecasts
  • Oversee the continuous improvement of Program Finance processes while also enforcing adherence and the application of tailoring processes to satisfy program and contractual requirements
  • Provide leadership and guidance for the Program Finance team members while managing performance and fostering their individual professional growth
  • Manage the recruitment, orientation, and training of new Program Finance staff
What you require to be successful in the role:
  • Possession of bachelor's degree in Business, Finance, Accounting or related field from a recognized post secondary institution or an equivalent combination of education and experience
  • A Master's degree is considered an asset
  • A minimum of ten (10) years of experience in program finance
  • Strong grasp of accounting principles and an in-depth working knowledge of the Cost Accounting Standards, Sarbanes-Oxley, and International Financial Reporting Standards
  • Understand advanced financial analysis principles and have financial analysis skills
  • Effective leadership and management skills particularly with influence management and conflict resolution
  • Superior problem-solving, critical thinking, negotiation, interpersonal, communication (both oral and written) and presentation skills are required
Benefits of working with DRS:
  • A motivating team-based environment where your achievements matter
  • Flexible work hours and a compressed work week to promote a healthy work/life balance
  • Industry leading wellness program including:
    • Health, dental, and vision coverage available on first day of hire at no cost to the employee with access to virtual healthcare
    • An exceptional mental health benefit
    • Access to Employee and Family Assistance Program
  • Competitive compensation including:
    • Reimbursement for professional development initiatives and memberships plus access to free online learning resources
    • Registered Retirement Savings Plan with matching company contributions with access to complimentary financial planning
    • Maternity and Parental leave top-up
    • Vacation, personal days, sick leave, and additional company paid days off

About DRS Pivotal Power 

DRS Pivotal Power Inc., a subsidiary of Leonardo DRS, is a leader in the development and manufacture of high reliability power conversion equipment for mission critical military applications. DRS Pivotal Power is part of the Naval Electronics Canada Group. 


All applicants must fulfill requirements for Canadian security clearance.   

Applicants requiring a disability related accommodation to participate in the recruitment process are to advise Human Resources. DRS Pivotal Power Inc. is an equal opportunity employer. 

Applicants may apply to this position online at www.leonardodrs.com careers.  


 Apply on company website