Financial Analyst III

Company Information

Twenty-Six Defense, headquartered in Fort Worth, Texas, is a leading provider of high-performance products, system solutions, and aftermarket support services focusing on the defense, homeland security, and commercial aviation markets. With facilities throughout the U.S., Twenty-Six Defense supports those who contribute to the national security of the United States. Twenty-Six Defense is wholly owned by Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT), a global high-technology company engaged in a wide range of programs for innovative defense and commercial applications.

Job Summary

The Financial Analyst has a critical role in analyzing, tracking, and optimizing revenue, cost, and profitability for the growing $450M+ Warfighter Systems division. This Accounting/Finance role will cross-functionally support teams including Operations, Supply Chain, Contracts, Business Development, and Program Management. Using data and analysis, this role provides insights into key revenue and cost drivers and supports decision-making processes.

Key job responsibilities include

• Generate accurate and timely reports, including key Sales & Margin and Orders reports. Analyze, report, and reconcile revenue, orders, cost of goods sold, production costs, and variance analysis.
• Lead monthly Revenue & Cost of Goods Sold reconciliation processes. Own revenue recognition related processes, including closing, reporting, and audit related activities.
• Own Program/Project Finance related activities. Help set up new projects in the financial system, ensuring accurate business partner, contract, and other financial data. Analyze and reconcile revenue/invoicing, cost/inventory, and related balance sheet accounts.
• Support complex Percentage of Cost Completion (POCC) accounting for select government projects. Own project setup and analysis, including revenue, cost, and inventory. Resolve issues. Prepare related monthly journal entries and reconciliations.
• Analyze manufacturing costs, including direct and indirect materials, labor, and overhead expenses. Identify key cost drivers, trends, and areas for improvement to enhance operational efficiency and cost-effectiveness.
• Establish and maintain standard costs for materials, labor, and overhead. Review and update standard costs annually, ensuring alignment with current market conditions and manufacturing practices.
• Assist with inventory valuation, including raw materials, work-in-progress, and finished goods. Perform regular inventory reconciliations and identify discrepancies or variances. Contribute to inventory control strategies to avoid excess or obsolete inventory.
• Support quarterly physical inventories and weekly cycle count processes. Own monthly bonded stock and ship-in-place inventory review, analysis, and audit related activities.
• Perform monthly closing activities, journal entries, and reporting as required. Own related account reconciliation processes. Utilize BlackLine system for closing and reconciliation tracking.
• Ensure compliance with GAAP and internal financial policies. Maintain SOX controls and procedures. Support internal and external E&Y audit testing and requests as required.
• Partner with Finance & IT teams to support key Accounting/Finance processes in legacy ERP system and new A&D Infor ERP system being implemented at Roanoke site.

Qualifications

• Bachelor’s degree in Accounting or Finance. CPA/CMA is a plus but not required.
• Minimum of 3+ years of relevant Accounting/Finance work experience preferred.
• Direct experience working in revenue and cost accounting, commercial and government contracting, and a manufacturing environment is a plus for this role.
• Working knowledge of ASC 606 Revenue Recognition, Generally Accepted Accounting Principles (GAAP), Sarbanes-Oxley (SOX) controls, and ERP systems (Infor preferred).
• Excellent analytical, communication (verbal and written), and organizational skills.
• Ability to multi-task, prioritize, and work in fast-paced environment.
• Overall mindset of continuous improvement. Strong problem-solving skills and the ability to be able to proactively identify and implement process improvements.
• Advanced expertise with MS Excel, including complex formulas and pivot tables.

Here Are Some of the Great Benefits We Offer:

• Most locations offer a 9/80 schedule, providing every other Friday off
• Competitive compensation & 401(k) program to plan for your future
• Robust medical, dental, vision, & disability coverage with qualified wellness discounts
• Basic Life Insurance and Additional Life & AD&D Insurances are available
• Flexible Vacation & PTO
• Paid Parental Leave
• Generous Employee Referral Program
• Voluntary Benefits Available: Long-Term Care, Legal, Identity Theft, Pet Insurance, and more
• Voluntary Tricare Supplement available for military retirees

This job description does not list all the duties of the job. You may be asked by your supervisors or managers to perform other duties. The employer has the right to revise this job description at any time. The job description is not an employment contract. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position. Twenty-Six Defense is an equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities.

*For Virginia-based positions only* In accordance with Virginia DOL requirements, the listed salary range reflects the anticipated base pay range for this role. Actual compensation will be determined based on factors including skills, experience, education, certifications, business needs, internal equity, and geographic location. Compensation may vary in different locations based on market conditions and cost-of-labor considerations.

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