Project Financial Control Analyst

It Concepts - Vienna, VA

Full-time - Mid Level

Vienna, VA

Professional, Scientific, and Technical Services

About the position

The Project Financial Control Analyst at IT Concepts plays a crucial role in managing financial operations related to project and program budgeting, financial reporting, and profitability analysis. This position collaborates closely with the Finance Team and various stakeholders to enhance efficiencies in financial operations and promote a culture of profitability improvement across the organization. The analyst is responsible for ensuring compliance with contract terms, preparing financial reports, and supporting project managers in maintaining project schedules and budgets.

Responsibilities

• Review and understand contract terms and conditions, ensuring compliance with financial clauses and contractual requirements throughout project implementation.
• Responsible for the project set-up and maintenance of billable contracts in the accounting system (Unanet ERP).
• Prepare required cost and CDRL reporting (e.g. EVMS, 75% cost incurred status reports, MSRs, etc.).
• Create and maintain forecasts and budgets to meet contractual project requirements for customers and internal reporting.
• Monitor and prepare reports on cost, profitability, and schedule variances to assist business operations in keeping projects on schedule and on budget.
• Lead pricing efforts for assigned programs/contracts.
• Identify and track opportunities and risks in programs.
• Review/approve funding for purchase requisitions on direct contracts.
• Track subcontract cost & schedule status, material receipts, and open commitments.
• Identify and process advanced spending/at-risk approvals.
• Support accounts receivable as required during the monthly billing process.
• Responsible for timely and accurate invoice processing.
• Monitor AR/Unbilled (retainage, award fee, etc.).
• Interact with Contracts, Pricing, Accounting, Project Managers, and Program Control Managers regarding project-related issues.
• Create ad hoc reports for project managers for different projects using UNANET and Excel.
• Prepare reports of travel expense estimates in accordance with the FAR and Federal Travel Regulations (FTR) for invoicing pre-approval to government clients.

Requirements

• 3 or more years' experience managing program/project financials on federal contracts.
• BS degree in finance or related field.
• Experienced in managing financials for T&M, FFP, and cost-plus engagements.
• Experience with large contracts that have multiple CLIN and revenue types.
• Strong computer skills (MS Excel, Word, Outlook, PowerPoint, etc.).
• Advanced skills in Excel are essential.
• High attention to detail, accuracy, and follow-through.
• Must be organized, detail oriented, motivated and able to multitask in a fast paced and dynamic work environment.
• Excellent oral and written communication skills with the capability to communicate with Directors, Executives, and potentially clients.
• Independent problem-solving and decision-making abilities.
• Creative, team player, flexible and customer oriented.

Nice-to-haves

• Unanet experience is a plus.

Benefits

• Competitive Paid Time Off
• Medical, Dental and Vision Insurance
• Identity Theft Protection
• Legal Resources Coverage
• 401(k) with company matching with NO vesting period
• Education reimbursement for certifications, degrees, or professional development
• Funds for activities - virtual and in-person events
• Charity galas/events
• Flexible work environment