GENERAL DESCRIPTION:
The Project Finance Analyst (PFA) IV will ensure projects are accounted for in compliance with GAAP, government regulations, Earned Value Management (EVM), and company accounting/finance policies. The PFA IV will be the subject matter expert on all financial matters as it relates to projects' finances. The PFA will have significant interface with Accounting, Project Managers, Contract Management staff, Senior Technical Personnel, as well as other functional areas. .
DUTIES:
- Ensure projects' revenue recognition method is compliant with GAAP and company policies
- Analyze project revenue, cost, profit, billings, accounts receivable balances, unbilled accounts receivable, indirect rates charged to projects, PO project commitments, cost charging to ensure actuals are consistent with expectations
- Analyze actuals versus budgets to identify variances and recommend corrective actions to ensure performance meets expectations
- Advise program managers on project charge code set up to ensure compliance with contractual, accounting, and company requirements
- Establish project finance performance (cost, profit, accounts receivable, etc.) visibility weekly and monthly and provide to enable the project team to implement corrective actions
- Prepare cost presentations and participate in monthly and quarterly budget reviews with management
- Responsible for cost/schedule performance analysis
- Train/mentor Project Control Analysts on compliant project finance methods/processes
- Prepare monthly, quarterly and fiscal year project budgets to include revenue, cost and profit
- Prepare monthly contract accruals
- Interface with Program Management, Corporate Office, Customer's Business Office and Procurement
- Assist in preparation of subcontractor and intercompany contract agreements and financial reporting
- Research and analyze historical data and develop cost models to support proposal efforts
- Participate in should-cost and pricing reviews with management and customer representatives
- Monitor, review, and validate project status and invoices and ensure timely accurate updating of projects
- Deliver understandable project trends and issues, including comprehensive cost/schedule variance analysis, to the project team and management
- Work with project team to proactively identify issues affecting project results and profitability
- Enter budgets and necessary project information into the financial accounting system to allow for accurate project coding, invoicing, and accounting
- Respond to project manager, business development, or other customer request for project information
- Develop payment schedules to maintain positive project cash flow
- Review contracts and payment language to assure accuracy of contracts
- Provide financial audit support
- Other duties as assigned
EDUCATION / EXPERIENCE REQUIREMENTS:
- BS/BA in Accounting, Finance, Business Management or equivalent required. Experience may be substituted for degree
- 10+ years of relevant experience
- Working knowledge of GAAP, FAR and CAS
- Experience with Cost Point and COGNOS and Deltek Cobra
- Earned Value Management experience required
- Very familiar with FAR Contract structure and clauses
- Experience working on proposals and contracts (SCA, Cost Plus, Firm Fixed Price, Time & Material, etc.)
- Must be proficient with all Microsoft Office tools
- Analytical, communication and presentation skills needed as well as the ability to operate independently and as a strong member of a team.
- We maintain a drug-free workplace and perform post offer, pre-employment substance abuse testing.
PHYSICAL REQUIREMENTS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.
- Must be able to walk or stand on level and/or inclined surfaces and sit for extended periods of time.
- Must be able to routinely climb / descend stairs.
- On occasion must be able to lift 30 pounds.
- Must be able to routinely grasp or handle objects, use finger dexterity, bend elbows / knees, and reach above / below shoulders.
- Works in a normal office environment with controlled temperature and lighting conditions.
