Summary
Overview
Work History
Education
Skills
Timeline
Generic

Forrest C. Danielson

Lynn Haven,FL

Summary

With 29 years of extensive experience in the aerospace industry, I offer a strong background in FAR, procurement cost analysis, program finance (EVM), financial planning and analysis, cost accounting, and process improvement. The objective is to secure a position that allows for the optimization of my skill set and the provision of value-added expertise to your organization.

Overview

18
18
years of professional experience

Work History

Senior Financial Analyst

Deployed Services
02.2024 - Current
  • Assisted in development of Budget and Forecasting models and month end reporting packages utilizing Power BI tools and templates
  • Provided Financial Planning and Analysis support with several Firm Fixed Price and Cost Plus contracts
  • Lead evaluation of Indirect and Direct cost, including unallowable cost to facilitate completion of Incurred Cost Submission to government customer

Finance Manager

GOVCIO
02.2023 - 10.2023
  • Collaborated with leadership to outline and model key financial performance and objectives
  • Drove cost and quality performance by offering data-based financial perspective and decision making support on business activities
  • Boosted efficiency in funding and EAC forecasting through development of an excel Power BI financial model which streamlined the forecasting process and enabled expeditious review of key financial metrics

Principal Program Cost Schedule Control Analyst (Program Finance)

Northrop Grumman
10.2020 - 02.2023
  • Serve as the EVM focal point between technical, cost, schedule, and program management teams for the Gator and LDPE-3A ESPAStar programs
  • Monitor and manage program cost including performance measurement and associated analysis
  • Weekly and monthly status reporting to Program Management to support Division Estimate at complete and Performance Management reviews
  • Monthly program forecasting to support Operating unit and Business unit reporting and AOP activities

Specialist, General Finance Management (Cost Accounting)

Collins Aerospace
10.2018 - 07.2020
  • Implementation and maintenance of cost procedures and methodology for annual Standard Costing updates
  • Reconciliation, month end reporting, budgeting, and variance analysis of all Inventory and Reserve General Ledger accounts
  • Tracking and reporting of all monthly cycle counts with adherence to company policy guidance
  • Integration of Cost accounting procedures and processes into Collins Management System (CMS) Value stream model


Procurement Cost Analyst

KBRwyle (Honeywell)
09.2017 - 07.2018
  • Prepared detailed government compliant (FAR 12 / FAR 15) Cost/Price Analysis reports, including review of Statement of Work packages, rate auditing, and detailed analysis of manufacturing labor, direct material, other direct costs, and profit
  • Assisted in development of process improvement initiatives to support government and FAR guidelines

Senior Financial Analyst

MICROCHIP TECHNOLOGY
09.2016 - 09.2017
  • Preparation of allocations for multiple Companies and Business Units including United States and Foreign locations
  • Reclassification and Variance analysis of manufacturing costs to R&D
  • Atmel operating expense account mapping and forecast preparation
  • Special Finance projects relating to Atmel acquisition
  • Preparation and maintenance of SOX controls for Department and R&D reclass journals
  • Administration of Financial Reporting system TM1 including maintenance of Cost centers and account dimensions, data load and user maintenance

Procurement Cost Analyst

BOEING BDS P-8A PROGRAM
09.2011 - 08.2016
  • Prepared detailed government compliant (FAR 12 / FAR 15) Cost/Price Analysis reports, including review of Statement of Work packages, rate auditing, and detailed analysis of manufacturing labor, direct material, other direct costs, and profit
  • Provided full negotiation support with Supplier Management for detailed cost and price proposals with various small and large suppliers across a multitude of Boeing Defense programs
  • Partnered with Supplier Management, coordinating information, knowledge sharing, process improvement, and leveraging of cost saving opportunities
  • Assisted in the improvement of the technical evaluation process from request to completion and assisted in the development of an efficient set of tools for the engineering community

Business Operations Analyst (Program Finance)

BOEING BDS P-8A PROGRAM
08.2007 - 09.2011
  • Performed reporting of weekly cost performance data to management utilizing earned value management techniques and principles
  • Performed weekly variance analysis of cost data with management engineering teams
  • Developed weekly status to management concerning funding for specific project baselines
  • Assisted in the development and administration of performance measurement baselines and resource forecasting
  • Provided full customer support to engineering teams in the management of cost performance, variance analysis, and coordination of budgeting activities

Education

M.B.A. - Business / Project Management

Keller Graduate School of Management
Federal Way, WA
06.2008

B.S. - Business / Marketing

California State University, Long Beach
Long Beach, CA
05.1985

A. A. - General Education

Fullerton College
Fullerton, CA
06.1982

Skills

  • Supplier Cost / Price Analysis
  • Supplier Negotiations
  • Government procurement
  • Program Management
  • Earned Value Management
  • Financial Planning and Analysis
  • Estimating Methods
  • Power BI
  • Variance analysis
  • Cost accounting
  • SAP / Costpoint
  • Process Improvement acumen
  • LEAN principles

Timeline

Senior Financial Analyst

Deployed Services
02.2024 - Current

Finance Manager

GOVCIO
02.2023 - 10.2023

Principal Program Cost Schedule Control Analyst (Program Finance)

Northrop Grumman
10.2020 - 02.2023

Specialist, General Finance Management (Cost Accounting)

Collins Aerospace
10.2018 - 07.2020

Procurement Cost Analyst

KBRwyle (Honeywell)
09.2017 - 07.2018

Senior Financial Analyst

MICROCHIP TECHNOLOGY
09.2016 - 09.2017

Procurement Cost Analyst

BOEING BDS P-8A PROGRAM
09.2011 - 08.2016

Business Operations Analyst (Program Finance)

BOEING BDS P-8A PROGRAM
08.2007 - 09.2011

M.B.A. - Business / Project Management

Keller Graduate School of Management

B.S. - Business / Marketing

California State University, Long Beach

A. A. - General Education

Fullerton College
Forrest C. Danielson