Program Cost Management Lead

Unleash the Power of Multi-Mission Excellence: Safeguarding the Seas for the World's Navies.

Step into a world where cutting-edge technology meets unparalleled expertise. Ultra Maritime pioneers delivering multi-mission solutions that protect and empower the naval forces worldwide. With our extensive portfolio of capabilities, our innovations are utilised on naval fleets across our allied navies around the globe.

As the maritime and underwater battlespace evolves, we tirelessly push the boundaries to develop advanced specialist systems that provide our 'five-eyes' Defence customers with an unbeatable warfighting edge. From surface vessels to sub-surface operations and unmanned platforms, we are revolutionizing the way naval missions are executed.

We thrive on collaboration and partnering with our customers to ensure mission success. Our expert solutions encompass an array of game-changing technologies, including state-of-the-art sonar, radar, expendables, signature management, and naval power systems.

Join us in shaping the future of naval warfare and together, we will safeguard the seas and empower navies worldwide

Flexible Working

At Ultra Maritime, we understand that your personal life is just as important as your professional one. That's why we support and promote flexible working arrangements where possible.

We offer a 9-day fortnight working pattern, offering extended weekends every other week, granting you more time to pursue your passions. And that's not all - we provide flexible start and finish times.

We welcome the challenge to work in new ways and have trust in you when getting the job done because we recognise, our business is our people.

Key responsibilities will include:
Project Execution
- Project Manager/BoE author guidance and support for RFT requirements.
- Own program Estimate at Complete (EAC) process, ensure compliant assimilation and presentation of program estimates that facilitates efficient communication, review, and approval.
- Identify and perform variance and ”what if” analyses on costs, scope and schedules, and report on related risks & opportunities. Supporting project management in resolution of outstanding issues
- Manage / oversee program budgeting and forecasting process; interface with Financial Planning and Analysis
- Estimating preparation and development
- Provide financial data utilized in the review and approval of proposal pricing.
- Prepare proposals in accordance with company policies, proposal instructions, and Government regulations.
- Conduct cost analysis by reviewing labour & material bases of estimates, and direct/indirect rate verification.
- Support and participate in cross functional teams to support bid and proposal activities.
- Utilize pricing software and models to calculate costs and price.
- Participate in proposal development and compliance meetings, such as: pricing strategy discussions, price-to-win, risk reviews, peer reviews, and bid / no-bid decisions

Financial Planning & Analysis
- Develop and maintain project budgets, forecasts, and financial models
- Monitor project financial performance against established budgets and KPIs

Cost Control
- Conduct variance analysis and provide actionable insights to project teams
- Implement and maintain cost control measures to ensure projects stay within budget
- Identify cost-saving opportunities and recommend appropriate actions

Resource Allocation
- Collaborate with Resource Managers to allocate personnel and other resources effectively across projects
- o Monitor resource utilization and make recommendations for adjustments as needed

Risk Management
- Identify financial risks and work with project teams to develop mitigation strategies
- Monitor and report on risk status to senior management

Project Reporting
- Publish Contract Status Reviews (CSRs) for requisite programs and communicate financial performance
- Provide recurring & ad hoc reports to Program Managers and other stakeholders, driving company best practices
- Support month-end close processes as needed

Financials
- Oversee and present formal Quarterly Finance Reviews (QFRs) with visibility to Executive Leadership
- Maintain timely and accurate program financials including revenue recognition, invoicing, cost, funding, gross margins, cash flow and programmatic risks, etc.
- Monitor cashflow reporting, ensuring timely invoicing of customers; drive resolution of overdue invoices
- Prime contact for audit material and overall Program Cost Management.

Management
- Manage the Program Management Office & team based in Adelaide.
- Development and maintenance of the Project Management Office Governance.
- Ongoing development, maintenance, and improvement of the PMO framework (processes, tools and aids) to support business efficiencies and growth.
- Key stakeholder engagement.
- Support and train Project Managers, Control Account Managers and BoE Authors on schedule structure, critical path analysis and EV.

Key Competency Requiremen