Project Finance Analyst I

Overview

This role provides project finance support and direction on assigned projects. Responsibilities include ensuring project financials are properly monitored and managed to support maximizing project profitability and cash flow.

Responsibilities

• Load project budgets into financial management systems.
• Review, reconcile, and approve loaded project budgets to ensure accuracy and tie-out against contracted values.
• Load billing schedules into financial management systems.
• Review, reconcile, and approve loaded project billing schedules to ensure accuracy and tie-out against contracted values, including compliance with negotiated contract terms.
• Load revenue schedules into financial management systems.
• Review, reconcile, and approve loaded project revenue schedules to ensure accuracy and tie-out against contracted values, including compliance with negotiated contract terms.
• Perform work movements as required within the financial management system (moving budget from one site to another) to align revenue with where work is 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 within the month-end close deadline.
• Prepare monthly and quarterly Sponsor accruals, and/or validate Sponsor accruals and receivable balances.
• Prepare monthly project-level actual versus budget/forecast variance analysis and monthly reports for distribution.
• Conduct monthly reviews 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 reporting requirements for assigned projects, 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 project-team communications, correspondence, and associated documentation.
• Participate in (study) team meetings and project kick-off meetings, and coordinate with cross-functional staff to verify information and/or triage new data issues or prior identified action items.

Requirements

• Bachelor’s degree in accounting or related field, or equivalent work experience.
• Minimum of 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 handling confidential information.
• Ability to develop strong, trusting relationships to gain support and achieve results.
• Ability to manage multiple conflicting priorities.
• Self-directed and motivated; willingness to take initiative to identify and anticipate client needs and make implementation recommendations.
• Critical thinking, initiative, and good judgement, with constructive problem-solving.
• Ability to set priorities and work in an organized manner.
• Strong attention to detail.
• Professional demeanor, including the ability to demonstrate utmost 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

• Relevant industry experience is a plus.
• Experience with Workday ERP is preferred.

Language Requirements

• Bilingual proficiency in French may be required, depending on location.

Work Authorization & Sponsorship

• Applicants must be legally authorized to work in the United States.
• This employer is unable to provide sponsorship, sponsorship transfers, or visa maintenance for this position.
• All applicants must possess valid work authorization that does not require employer sponsorship now or in the future.