Project Finance Analyst I

Overview

This role provides project financial support and direction on assigned projects, ensuring project financials are properly monitored and managed to help maximize project profitability and cash flow.

• Contract duration: 6 months

Responsibilities

• Load project budgets into financial management systems; review, reconcile, and approve loaded budgets to ensure accuracy and tie-out against contracted values.
• Load billing schedules into financial management systems; review, reconcile, and approve loaded billing schedules to ensure accuracy, tie-out against contracted values, and compliance with negotiated contract terms.
• Load revenue schedules into financial management systems; review, reconcile, and approve loaded revenue schedules to ensure accuracy, tie-out against contracted values, and compliance with negotiated contract terms.
• Perform work movements as required by moving budget from one site to another within the financial management system to align revenue with where work is being performed.
• Maintain configuration of Project and Contract modules, including assignment of Rate Sets / Plans to Activities and configuration of Contract Lines.
• Record revenue recognition in the financial management system for milestone, spread even, usage-based units, and billable project transactions in accordance with month-end close deadlines.
• Prepare monthly/quarterly Sponsor accruals and/or validate Sponsor accruals/receivable balances.
• Prepare project-level actual versus budget/forecast variance analysis monthly, and produce monthly reports for distribution and review of monthly results.
• Conduct monthly review and analysis of assigned projects, including review of revenue recognition, project performance variances, and WIP/Deferred revenue positions.
• Perform project-level WIP/Deferred revenue reconciliations as required.
• Monitor WIP/Deferred revenue, Over the Limit, and Contract activation reports; resolve and/or escalate unusual activity.
• Prepare monthly project reporting requirements, including unsigned contract opportunities, backlog, and other ad-hoc financial analysis as required.
• Partner with project management to ensure accurate projections, considering changing project timelines, scope changes, and budget-to-actual comparisons that may require change orders.
• Ensure payments do not exceed SOW timelines.
• Ensure change orders are executed and communicated to appropriate personnel.
• Serve as a central contact for designated project communications, correspondence, and associated documentation.
• Participate in study team meetings and project kick-off meetings; interact with cross-functional staff to verify information and triage new data issues or previously identified action items.

Requirements

• Bachelor’s degree in accounting or related field, or equivalent work experience.
• Minimum 1 year of related experience.
• Intermediate to advanced knowledge of MS Word, Excel, Outlook, and PowerPoint.
• Ability to read and interpret technical documents and industry-specific manuals.
• Ability to write advanced reports and correspondence.
• Ability to speak effectively before groups of customers or employees of the organization.
• Excellent verbal and written communication skills.
• Well-developed interpersonal skills.
• Personal/professional integrity and proven discretion in handling confidential information.
• Ability to develop strong, trusting relationships to gain support and achieve results.
• Ability to manage multiple competing priorities.
• Self-directed and motivated, with willingness to take initiative to identify and anticipate client needs and make recommendations for implementation.
• Strong attention to detail.
• Professional demeanor, including the ability to demonstrate discretion pertaining to employee information.
• Proven ability to work as part of a team in a fast-paced, deadline-driven environment.
• Strong MS Office skills (Word, Excel, PowerPoint, Outlook) and familiarity with HRMS systems.

Preferred Qualifications

• Experience with Workday ERP.
• Relevant industry experience.

Compensation & Benefits

• Hourly pay range (estimated): $20 - $32/hour.
• Pay varies within the range based on factors including prior relevant experience, skills, education, certification, location, internal equity, and market data.

Location

Not specified in the job description.