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Draper AD, Program Finance - Strategic Systems in Cambridge, Massachusetts

Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000 employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit

Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now

Equal Employment Opportunity

Draper is committed to creating a diverse environment and is proud to be an affirmative action and equal opportunity employer. We understand the value of diversity and its impact on a high-performance culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information.

Draper is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact

The Associate Director, Program Finance, reports to the Director of Program Finance, with matrixed responsibilities to Program Office leadership for Navy and non-Navy Strategic Programs. This highly visible position will play a key role in financial operations, program execution, measuring performance, and anticipating, influencing and reporting on financial dynamics related to program activities. The incumbent will directly and indirectly oversee Program Control Analysts. This role requires an ability to think strategically and tactically as well as outstanding analytical, communication and leadership skills.

Program Finance responsibilities include efficient, consistent and compliant application of financial principles for Earned Value Management (EVM), quarterly estimates at complete (EAC), and other program financial control activities. The Associate Director will be responsible for communicating results effectively through EAC packages, program management review packages, and through timely data and analysis on key programs. Additional responsibilities include supporting contract start-up and contract close-out activities, as well as proposal development. This leader is expected to drive team development, process improvements, tool enhancements, and provide financial leadership and adherence to Draper policies and standard procedures.


  • Manage and report financial performance of programs which include disciplined EVMS and EAC practices compliant with internal and external criteria

  • Forecast Bookings, Sales, Profit & Cash for programs

  • Coordinate, prepare, and analyze Quarterly EACs

  • Prepare, analyze, and present financial information for Program Management Reviews (PMRs)

  • Generate internal reports and customer reporting deliverables to support Program Managers

  • Report program level metrics to Program Office and FP&A leadership to support strategy development and planning, including development of 5-Year integrated business plans

  • Support accruals, cancellation of funds, and contract closeout efforts

  • Support internal and external audits as required

  • Anticipate, influence and report on financial dynamics related to program activities

  • Collaborate with stakeholders to understand the business’ current state and develop data-driven insights that can drive organizational-wide goals and strategies

  • Build relationships with functional leaders across the organization

  • Drive improved contract profitability, cash flows, and higher returns on investments

  • Ensure cost accounting standards (CAS) and acquisition regulations (FAR, DFARS) are adhered to

  • Ensure proper revenue recognition on contracts

  • Work with others across Draper to implement tools and technology to enhance automation and minimize manually intensive finance processes

  • Create reporting and analytics to aid in improved predictability of operating results and cash flow requirements

  • Perform other ad hoc analyses as required

Required Experience:

  • At least 10 years of experience driving high performing finance teams in a rigorous and complex environment

  • Bachelor’s degree in Accounting or Finance, MBA, CPA, or equivalent experience, strongly preferred

  • Demonstrated experience in EVM, including managing Earned Value on contracts valued at $20M or more for both cost- and fixed-type efforts

  • Has demonstrated command of all relevant accounting subject matters including for EACs, ASC 606 and other accounting principles to create a culture of process excellence

  • Provides expertise in all relevant federal acquisition regulations (CAS/FAR/DFARS) to deliver and develop an organizational understanding at the program level, including all pertinent company policies and procedures

  • Established experience executing program finance controls for DoD and non-government sponsor programs

  • Significant leadership and communication skills demonstrated through prior experience supporting senior executives, influencing key decision makers and mentoring junior staff

  • Demonstrated ability to initiate improvements in reporting systems and business processes

  • Ability to balance priorities in a dynamic, matrixed environment

  • US Citizen with the ability to obtain a US Secret Clearance

ID: 2023-7488

External Company Name: The Charles Stark Draper Laboratory Inc