Government Proposal Financial Analyst – Senior and Level 2

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards.

We are steadfastly committed to attracting the best talent across our communities, creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future.

Woodward supports our members’ wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. 

Estimated annual base pay:

•  Government Proposal Financial Analyst II: $72,000 - $93,000

•  Sr Government Proposal Financial Analyst: $85,000 - $110,000

• All members included in annual cash bonus opportunity. 

• 401(k) match (4.5%)

• Annual Woodward stock contribution (5%)

• Tuition reimbursement and Training/Professional Development opportunities for all members  

• 12 paid holidays

• Industry leading medical, dental, and vision Insurance upon date of hire

• Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave

• Paid parental leave

• Adoption Assistance  

• Employee Assistance Program, including mental health benefits

• Member Life & AD&D / Long Term Disability / Member Optional Life 

• Member referral bonus 

• Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending 

• Voluntary benefits, including:  

• Home / Auto Insurance discounts 

• Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave 

Government Proposal Financial Analyst II

Key Responsibilities:

• Learn and follow the processes defined in Woodwards Cost Estimating and Pricing manual.

• Develop and prepare FAR Part 15 compliant proposals, ensuring full compliance with the Truthful Cost or Pricing Data Act (formerly TINA) when required.

• Collaborate with cross-functional teams to gather required data and insights for proposal development.

• Assist in interfacing with DCAA (Defense Contract Audit Agency) and DCMA (Defense Contract Management Agency) during audits, providing requested documentation and explanations.

• Prepare responses to customer audit requests, ensuring clear communication and timely submission of required materials.

• Support process improvement initiatives by identifying opportunities to enhance efficiency and compliance.

• Read and understand Basis of Estimates (BOEs) and Bills of Material (BOMs), while developing a working knowledge of manufacturing processes.

• Reporting: Preparing pricing, cost analysis, and audit support reports, and communicating financial information clearly to internal teams, customers, and government audit personnel.

• Data Management: Collecting, organizing, and maintaining proposals, pricing, and actual cost data to ensure accuracy, completeness, and traceability of supporting documentation.

Key Skills:

• Demonstrates commitment to quality and has a continuous improvement mindset.

• Strong organizational skills with the ability to prioritize workload to meet deadlines.

• Working knowledge of the Federal Acquisition Regulation (FAR) and DoD Federal Acquisition Regulation Supplement (DFARS)

• Financial Analysis: Ability to perform detailed cost analysis, pricing analysis, and modeling using financial software and tools.

• Accounting: Knowledge of accounting principles and practices as they relate to cost analysis, pricing, and proposal support.

• Data Analysis: Strong data analysis skills, including the ability to collect, organize, and analyze proposals, cost, pricing, and actuals data.

• Communication: Excellent written and verbal communication skills, including the ability to communicate complex financial information to non-financial stakeholders.

• Problem Solving: Strong problem-solving skills, including the ability to identify and analyze pricing, cost, and proposal issues and recommend solutions.

• Attention to Detail: Strong attention to detail and accuracy, including the ability to identify errors and discrepancies in financial data.

• Time Management: Ability to manage multiple tasks and priorities, meet deadlines, and work independently.

• Technical Skills: Proficiency in Microsoft Excel, ProPricer, SAP, and other pricing and analytical tools.

• Business Acumen: Knowledge of the company's business, government contracting environment, and defense market dynamics.

Successful Candidates Will Typically Have

• US – Bachelor's Degree in Arts/Sciences in Accounting, Finance or Economics required.

• 2-5 years of experience in cost estimation, government contracting, or a related discipline.

Sr Government Proposal Financial Analyst

Key Responsibilities:

• Lead the development and preparation of FAR Part 15 compliant proposals, ensuring compliance with the Truthful Cost or Pricing Data Act (formerly TINA), as required, and providing strategic direction to cross-functional teams.

• Perform advanced material and labor cost analysis, ensuring data is accurate, compliant, and aligns with organizational and regulatory objectives.

• Serve as the primary point of contact with DCAA and DCMA during audits, managing communications, providing detailed documentation, and addressing inquiries with expertise.

• Oversee and approve responses to customer audit requests, ensuring clear, effective, and timely communication while demonstrating a deep understanding of regulatory requirements.

• Drive continuous improvement initiatives across proposal and pricing processes, identifying inefficiencies and implementing best practices to enhance compliance and productivity.

• Provide expert-level review and analysis of Basis of Estimates (BOEs) and Bills of Material (BOMs), leveraging a strong understanding of manufacturing processes to ensure accuracy and reliability.

• Analyze and interpret complex proposals, pricing, and actuals data from multiple sources, synthesizing insights to support pricing decisions and audit responses.

• Mentor and guide junior pricing analysts, sharing expertise in cost estimation, pricing strategies, and FAR/DFARS compliance to support team development.

• Manage competing priorities effectively, ensuring deadlines are met and results align with organizational objectives.

• Proposal Related Reporting: Preparing pricing, cost analysis, and audit support reports to provide internal stakeholders with clear visibility into proposal and actual cost data.

• Stakeholder Management: Building and maintaining relationships with internal stakeholders, customers, and government audit personnel to support proposals, pricing, and audit activities.

Key Skills:

• Demonstrates commitment to quality and has a continuous improvement mindset.

• Strong organizational skills with the ability to prioritize workload to meet deadlines.

• Expert level knowledge of the Federal Acquisition Regulation (FAR) and DoD Federal Acquisition Regulation Supplement (DFARS)

• Financial Analysis: Expertise in cost analysis, pricing analysis, and modeling, including the ability to analyze complex proposals and actual cost data.

• Strategic Thinking: Ability to think strategically, analyze pricing and proposal trends, and develop insights and recommendations to support negotiation and compliance objectives.

• Business Acumen: In-depth knowledge of the company's business, government contracting environment, and defense market trends, including an understanding of cost and pricing drivers.

• Technical Skills: Proficiency in Excel, ProPricer, SAP, and other pricing and analytical tools.

• Communication: Excellent communication skills, including the ability to communicate complex financial information to non-financial stakeholders.

• Leadership: Ability to lead and coordinate cross-functional teams supporting proposal, pricing, and audit activities.

• Problem Solving: Strong problem-solving skills, including the ability to identify pricing, cost, and compliance issues and recommend solutions.

• Attention to Detail: Strong attention to detail and accuracy, including the ability to identify errors and discrepancies in financial data.

• Time Management: Ability to manage multiple tasks and priorities, meet deadlines, and work independently.

Successful Candidates Will Typically Have:

• US – Bachelor's Degree in Arts/Sciences in Accounting, Finance or Economics required.

• 5 or more years of relevant experience in FAR Part 15 regulations, cost estimation principles, and government contracting practices.

Application window is anticipated to close 7 days from original posting date.

This information is provided in compliance with the Colorado Equal Pay for Equal Work Act and is the company’s good faith and reasonable estimate of the compensation range and benefits offered for this position. The compensation offered to the successful applicant may vary based on factors including experience, skills, education, location, and other job-related reasons.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR).   All applicants must be U.S. Persons within the meaning of the ITAR and EAR, or eligible to obtain all required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce. The ITAR defines a U.S. Person as a U.S. citizen or national, lawful permanent resident (i.e., 'Green Card holder'), or a protected person (e.g., asylee, or refugee).

Woodward is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, sex (including sexual orientation and gender identity), national origin, age, disability, protected veteran status, or any other category protected under federal, state, or local laws.