dcsimg

Career Story: Financial Analyst And Team Leader For A Defense Contractor

Financial Analyst And Team Leader For A Defense Contractor

Job Title: Financial Analyst - Team Leader

Type of Company: My company is a defense contractor and provides services to the United States military.

Education: BS, Finance (Poughkeepsie, NY) •• in progress, MBA, Salem State College (Salem, MA)

Previous Experience: I started working as a financial analyst for the US Government, doing facility management in Washington, DC. I later moved to Boston and got a job working for a small Department of Defense contractor as a financial analyst. After gaining experience I jumped to one of the largest DoD contractors as a team leader for a financial team.

Job Tasks: On a daily bases I oversee 4-7 people, making sure they are busy and that work have been distributed evenly between them. I have one supervisor but report to and take direction from numerous individuals.

When we bid on a government contract, more than 25 different groups within the company will often work together to try to draft our proposal, outlining how we plan to provide the service or product with a detailed time-phased breakdown of the costs and the labor involved. The Government either agrees to the contract and terms or negotiates a better price. During the proposal cycle, it's my job to add up the costs and coordinate the inputs from the different groups involved and to assist in the cost negotiations.

Once the contract's been awarded, I work with the program manager in assigning budgets, sending out and receiving cash, breaking down who is responsible for the work and creating forecasts and reviews on the status of the program for management. I then have to oversee costs and maintain our alignment with the expenditures agreed on in the contract. During this time I stay in close and constant communication with the government on status and updates. After all of the work has been completed on a contract, I have to make sure all items and open issues are closed out in order to pass an audit with the Government.

Best and Worst Parts of the Job: The best part of the job is how proud it makes me to know that what I do is directly related to the success and safety of the men and woman who protect our country. Helping to coordinate the creation of a quality product or service can protect servicemen and woman who are in harm's way.

The worst part of the job is when an audit takes place, getting everything together and weathering the stresses of a government inspection.

Job Tips: If someone wants to get into this field, they really need to be detail-oriented. A small mistake sent to the Government does not reflect well on the company. You need to take pride in your work.

Computer skills are a requirement, especially knowledge of Excel. The ability to manipulate a 600 line spreadsheet in 15 minutes is a necessity.

The ability to stand in front of a group of people or a single manager and do a presentation on the status of a program is very helpful, and reflects well on you and the team that works with you.

Additional Thoughts: I was not even aware of the career path I am in when I was in school. But with hard work and attention to detail, it's become a rewarding career.

Popular Schools offering Financial Analysis Programs

quickinfoThese schools offer particularly quick info upon request, and we have written detailed profiles for each (click school names to see the profiles).

Request info from multiple schools, by clicking the Request Info links.

Matching School Ads

You've found Ashford University, where school comes to you. Earn your bachelor's or master's degree online.

  • Programs: BA/Consumer and Family Financial Services, BA/Finance, BA/Sports and Recreation Management - Finance, more...
  • Degrees: Bachelor, Master

Want to earn a bachelor's or master's degree in the high-demand business field?

  • Programs: B.S. in Finance and Economics, M.B.A.: Finance, B.S. in Accounting, more...
  • Degrees: Bachelor, Master

Colorado State University-Global Campus

Colorado State University-Global Campus (CSU-Global) recently received state approval to enroll students with little to no prior college experience. To help ensure student success, the university has created a program especially for these students who plan on starting their college experience for the first time with us.

  • Programs: Master - Finance, Master - Professional Accounting, BS - Accounting
  • Degrees: Master, Bachelor

Study online with University of Maryland at College Park.

  • Programs: MBA - Finance, MBA - Accounting
  • Degrees: Master

Welcome to Argosy University

Argosy University offers doctoral, master's, and bachelor's degree programs to students through its eight colleges:  College of Behavioral Sciences, Graduate School of Business and Management, College of Education,  College of Health Sciences, College of Arts and Sciences, College of Creative Arts and Design, College of Clinical Psychology and Western State College of Law at Argosy University as well as certificate programs in many areas.

  • Programs: Business Administration - Finance (BS) (Online), Business Administration - Accounting (BS) (Online)
  • Degrees: Bachelor

Founded in 1872, Maryville University is a four-year, private university located in west St. Louis County.

  • Programs: Online Master of Business Administration Financial Services Concentration, Online Master of Business Administration Accounting Concentration
  • Degrees: Master

Johns Hopkins University Carey Business School has brought the philosophy of business with humanity in mind to a part time format.

  • Programs: Master of Science in Finance, Flexible MBA - Financial Business
  • Degrees: Master

You’re serious about success. With your busy schedule and the desire to move your career forward, you can earn an accredited associate, bachelors or master’s degree at a pace that works for you anywhere, anytime, 24/7.

At AIU, the Serious U, you can get started to get ahead.

  • Programs: MBA - Finance, Bachelor's (BBA) - Finance, Bachelor of Accounting , more...
  • Degrees: Master, Bachelor

Try Your Introductory Course Risk Free

  • Programs: Bachelor of Science in Accounting, Master of Science in Accounting, Master of Business Administration in Accounting
  • Degrees: Bachelor, Master

Liberty University provides a world-class education with a solid Christian foundation, equipping men and women with the values, knowledge, and skills essential for success in every aspect of life.

  • Programs: BS in Business - Finance , MS in Accounting, MBA - Accounting, more...
  • Degrees: Bachelor, Master, Doctorate
Matching School Ads
You are visiting:

Find a school near you

What are Career Stories?

Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.

Most stories include:

  • a typical day or project
  • tips and advice
  • best and worst parts
  • educational background
  • previous experience

Browse hundreds of Career Stories

More Details On This Career

Please also see our detailed information about Financial Analysts, including:

Back to Top
SPEAK TO AN ADVISOR 1.844.285.6104