Precise Systems

Project Finance Analyst

Precise Systems$68K — $102K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience (4 additional years for degree substitution)
  • 4 years of experience in government contract project finance or similar roles
  • Deep understanding of Government contract types and their terms
  • Experience with contracts having large CLIN structures and reporting requirements
  • Strong analytical skills for data-driven decision-making
  • Intermediate to advanced Excel skills, including formulas and pivot tables
  • Experience with Deltek or CostPoint is advantageous

Responsibilities

  • Collaborate on project budget development and updates
  • Monitor project expenditures for accuracy
  • Coordinate with accounting for project setup
  • Review financial performance and report deviations
  • Partner with program management on risk tracking
  • Assist in maintaining financial processes and procedures
  • Prepare client status reports and address financial requests
  • Manage vendor cost lifecycle and ensure accurate invoicing

Benefits

  • Hybrid work schedule with two days in the office
  • Recognition through STAR Award program for exceptional performance
  • Commitment to diverse professional growth opportunities
  • Focus on overall employee well-being
  • Promotes a culture of integrity, respect, and responsibility
Full Job Description
Job Description

Precise Systems seeks a Project Finance Analyst to support our Corporate Team in a fast-paced environment. The successful candidate will possess a positive, customer-service focus with the ability to actively listen, elicit information, comprehend customer issues/needs, inspire teamwork, and recommend solutions.

Hybrid work schedule: 2 days per week in office at our PAX River HQ or Reston, Virginia office

Duties:
  • Collaborate with Operational Project Management in the development, review, and updates of project and program budgets, forecasts, and estimate-at-completion (EAC) along with associated reporting and analysis.
  • Monitor and review project and program expenditures for accuracy and consistency.
  • Collaborate with accounting department in project set up structure and process.
  • Review, monitor, and report project financial performance (revenue, cost, margins) and identify and present potential deviations against budget or forecasts to management. Develop and provide recommendations for actions or improvement as necessary.
  • Proactively partner with program management team in order to understand and track program risks and challenges, recommend solutions and ensure risk mitigation activities are in place as necessary to avoid performance issues.
  • Assist with the establishment, maintenance, and updating of financial processes and procedures
  • Prepare and/or support preparation of client status reports, integrated program reviews, and/or ad-hoc program related financial requests from clients, internal management, and other stakeholders.
  • Support subcontractor/vendor cost management lifecycle, including setting up Purchase Requests, tracking subcontractor/vendor invoicing and payments, and developing back up for subcontractor accruals. Review subcontractor invoices for accuracy, timeliness and completion. Collaborate with Subcontracts Department to ensure subcontractor funding is up to date, in place, and in line with prime contract.
  • Review and approve invoices for submission to customer. Collaborate with Accounting and Billing Department in supporting customer questions associated with billings and reviewing and resolving unbilled charges

Required Education:
  • Bachelors degree
    • An additional four years of experience can substitute for a degree

Required Experience:
  • 4 years equivalent experience in government contract project finance or similar position.
  • Thorough understanding of Government contract types and related contract terms and conditions.
  • Demonstrated experience with contracts that have large CLIN structures and detailed reporting requirements.
  • Proven ability to strategically analyze data, provide comprehensive solutions to problems, and independently manage workload in order to meet customer needs.
  • Intermediate to advanced knowledge of Excel required, including advanced formulas and pivot tables
  • Deltek or CostPoint experience is a plus
  • Track record of building effective working relationships and communicating successfully with senior level internal and external stakeholders

Due to the sensitivity of customer-related requirements, U.S. Citizenship is required.

Precise Systems values employee contributions, promotes diverse opportunities for professional growth, and prioritizes overall well-being. We recognize exceptional performance and alignment with our core values through our STAR Award recognition program.

Compensation at Precise Systems is determined by various factors, including education, experience, skills, competencies, and contract-specific requirements. The salary range for this position is $68,090.42 to $102,135.62 annualized USD). This range represents the standard pay for this role and is just one component of Precise Systems' total compensation package.

Precise Systems is committed to fair and equitable pay practices in alignment with applicable pay transparency laws and equal employment opportunity standards.

Precise Systems is dedicated to a shared vision and core values of Integrity, Respect, and Responsibility, which foster innovation and drive our continued success in the global marketplace.

About Precise Systems

Precise Systems is a professional services company currently working for the U.S. Navy, U.S. Marine Corps, and U.S. Air Force. Precise Systems provides professional services in the areas of program management, administrative support, engineering, logistics, and information technology. The company was founded in 1990 and is headquartered in Lexington Park, Maryland.
Learn more about Precise Systems
Size
500 employees
Industry

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