Navy Financial Associate Job at Serco Inc., Washington DC

  • Serco Inc.
  • Washington DC

Job Description

Looking for a professional role at a place you can have influence every day? In the role of the Navy Financial Associate, you will be a part of Team Submarine, located in Washington, DC. As part of this dynamic team, you will be expected to bring your expertise and collaborative skills to make an impact towards our military defense and safety of our sailors.


Serco supports the US Navy as a prime for their Team Submarine contract supporting the maintenance, sustainment, and disposal of in-service submarines. The Team Submarine concept unifies once diverse submarine-related activities into a single submarine-centric organization with the goal of eliminating traditional stovepipe structures and processes that created impediments and inefficiencies in the submarine research, development, acquisition, and maintenance communities. Team Submarine provides improved communication among the various offices that contribute to the overall success of the United States Submarine Force.


In this role, you will:

  • Provide daily support to Financial Management team.
  • Provide financial analyst services including data gathering, budget and financial analysis, and trend analysis.
  • Be responsible for various financial functions such as budgeting, auditing, forecasting and analysis.
  • Create, maintain, and update financial databases and spreadsheets, and generates various financial reports as required.
  • Maintain appropriate records and documentation.
  • Be adept at designing, building, and maintaining cost database for labor and material for the contract.
  • Develop estimated at completion (EACs) for contract requirements, maintaining costs metrics documentation, building PMR slide, and maintaining burn rate dashboard.
  • Conduct analysis at the availability level as well as at the Ship Work List Number (SWLIN)level, estimating costs for Hull, Mechanical & Electrical System (HM&E),
  • Develop pricing for future negotiations and analyze the burn rate of these various systems to forecast delivery and potential schedule impacts.
  • Track invoices and develop a database for labor material and leaser hours expended on contracts.
  • Analyze contract changes, cost ceiling changes, and Incentive fee reservation changes to maintaining a contract costs reconciliation database every month.
  • Provide financial models and financial statements, applies forecasting techniques, and evaluates performance against budget submissions.
  • Coordinate with Branch Head and field activities to establish funding priorities.
  • Reconcile Spend Plans to match the Resource Management Plans.
  • Coordinate with the field activities to establish timely receipt of reimbursable funds.
  • Prepare Unclassified and Classified briefs for audiences up to and including the Flag level.
  • Set meetings and specified Program Integrated Product Teams (IPTs).
  • Set high personal standards for performance/conduct.
  • Demonstrate ability to be a team player; works well with others; contributes positively to work/team environment while continually seeks ways to enhance contribution to the team. Also, have the ability to work both in a team environment and independently, and often under short, multiple deadlines.


  To be successful in this role, you will have:

  • An active or current DoD Secret clearance.
  • Eight to ten years’ experience working within the DoD and/or the Armed Forces.
  • A Bachelor’s degree in Accounting, Business, Finance, or related field is desired.
  • Knowledge of the Navy’s Planning, Programming, Budgeting, and Execution processes and policies.
  • Strong knowledge of the Microsoft Office Suite to include, Excel and PowerPoint.
  • The ability to travel at least 10% of the time.

Additional desired experience and skills:

  • One year past experience supporting a DoD customer as a financial analyst is desired. Must be familiar with rules governing the different Navy Appropriations, with specific knowledge of O&M,N accounts a desired bonus.
  • Budget Automation and Process Improvement.
  • Cost Analysis.
  • Data Management and Analysis.
  • Navy Enterprise Resource Planning (ERP), and
  • DoN financial automated and budgeting systems to perform financial execution functions.
  • Work experience in the Navy and specifically within Team Submarine or submarines in general.
  • Knowledge of DoD policies, NAVSEASYSCOM/Team Submarine policies and procedures.

If you are interested in supporting and working with our military and sailors, and an enthusiastic Serco team, then submit your application now for immediate consideration – it only takes minutes to apply and could change your career!





Serco Inc. (Serco) is the Americas division of Serco Group, plc. In North America, Serco’s 9,000+ employees strive to make an impact every day across 100+ sites in the areas of Defense, Citizen Services, and Transportation. We help our clients deliver vital services more efficiently while increasing the satisfaction of their end customers. Serco serves every branch of the U.S. military, numerous U.S. Federal civilian agencies, the Intelligence Community, the Canadian government, state, provincial and local governments, and commercial clients. While your place may look a little different depending on your role, we know you will find yours here. Wherever you work and whatever you do, we invite you to discover your place in our world. Serco is a place you can count on and where you can make an impact because every contribution matters.


To review Serco benefits please visit: . If you require an accommodation with the application process please email: or call the HR Service Desk at 800-628-6458, option 1. Please note, due to EEOC/OFCCP compliance, Serco is unable to accept resumes by email.


Candidates may be asked to present proof of identify during the selection process. If requested, this will require presentation of a government-issued I.D. (with photo) with name and address that match the information entered on the application. Serco will not take possession of or retain/store the information provided as proof of identity. For more information on how Serco uses your information, please see our Applicant Privacy Policy and Notice .


Serco does not accept unsolicited resumes through or from search firms or staffing agencies without being a contracted approved vendor. All unsolicited resumes will be considered the property of Serco and will not be obligated to pay a placement or contract fee. If you are interested in becoming an approved vendor at Serco, please email .


Serco is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Job Tags

Full time, Contract work, Work experience placement, Local area, Immediate start,

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