Senior Manager, Finance
Saronic · On-site · Austin, TX
Posted by Saronic on their careers site · View the original posting
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The posting, as Saronic wrote it
Saronic Technologies is a leader in revolutionizing autonomy at sea, dedicated to developing state-of-the-art solutions that enhance maritime operations through autonomous and intelligent platforms.
JOB OVERVIEW
We are seeking a Senior Manager, Finance to serve as the finance lead for our shipbuilding products. In this role, you will own the full product P&L and the economics of taking early-stage IRAD investments through to funded programs. You will build the financial models, operating cadence and controls that these products run on, and you will be the trusted financial advisor to leadership with a strong understanding of our product portfolio.
This is a builder's seat in a fast-growing company. You should be comfortable operating with limited structure, standing up processes from scratch and owning decisions end-to-end from business case through program execution.
RESPONSIBILITIES
- P&L Ownership
- Own the full P&L for our shipbuilding defense technology product lines: revenue, cost of sales, IRAD spend, overhead allocation, contribution margin and cash.
- Own the forecast and the annual and long-range plan for the product lines, and the explanation of performance against both.
- Build and maintain the KPI set and monthly operating review that leadership runs the business on.
IRAD-to-Program Economics
- Build the business case for each IRAD effort: investment required, path to a funded program, win probability, expected margin and payback.
- Track IRAD burn against technical milestones and bring recommendations to leadership.
- Partner with Engineering and Program Management to define the funding gates and financial milestones that move an IRAD effort into a funded program.
Advisor to Leadership
- Serve as the senior finance partner to the leaders of the product lines and represent the product in corporate planning, capital allocation and board-level reporting.
- Bring the trade-offs on make-vs-buy, capacity and capital investment, hiring pace and bid/no-bid decisions, with the analysis to support them.
- Translate program execution and portfolio performance into clear recommendations for leadership.
Program Financial Management
- Stand up and own estimate-at-completion (EAC) reviews, earned value and milestone and progress billing on funded programs.
- Own risk and opportunity tracking across programs and the margin story that comes out of it.
- Own program cost baselines and change control: establish the budget at award, manage re-baselines and scope changes, and ensure every program carries a current, defensible estimate to complete.
Capital and Working Capital
- Own capital planning for the product, including tooling, facilities and test assets, and defend those requests with finance leadership.
- Manage working capital on long-cycle builds with manufacturing finance, progress-payment timing and c
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Comprehensive health insurance plans covering a range of services
Saronic pays 100% of the premium for employees and 80% for dependents
Dental and Vision Insurance: Coverage for routine dental check-ups, orthodontics, and vision care
Saronic pays 100% of the premium under the basic plan for employees and 80% for dependents
Time Off: Generous PTO and Holidays
Parental Leave: Paid maternity and paternity leave to support new parents
Competitive Salary: Industry-standard salaries with opportunities for performance-based bonuses
Retirement Plan: 401(k) plan with company match
Stock Options: Equity options to give employees a stake in the company’s success
Life and Disability Insurance: Basic life insurance and short- and long-term disability coverage
Pet Insurance: Discounted pet insurance options including 24/7 Telehealth helpline
Additional Perks: Free lunch benefit and unlimited free drinks and snacks in the office
Saronic CCPA Notice for Candidates and California Employees https://saronic-assets-public.s3.us-east-2.amazonaws.com/Saronic%20CCPA%20Notice%20for%20Candidates%20and%20California%20Employees.pdf
If this role is based in the United States, it requires access to export-controlled information or items that require “U.S. Person” status. As defined by U.S. law, individuals who are any one of the following are considered to be a “U.S. Person”: (1) U.S. citizens, (2) legal permanent residents (a.k.a. green card holders), and (3) certain protected classes of asylees and refugees, as defined in 8 U.S.C. 1324b(a)(3) https://www.govinfo.gov/link/uscode/8/1324b.
Saronic does not discriminate on the basis of race, sex, color, religion, age, national origin, marital status, disability, veteran status, genetic information, sexual orientation, gender identity or any other reason prohibited by law in provision of employment opportunities and benefits. We are also committed to providing reasonable accommodations for qualified individuals with disabilities.