The program finance analyst will be responsible for all financial aspects of assigned programs including budgeting, analysis, reporting, forecasting, collaborating with program managers and cost account managers on Estimates-To-Complete (ETC) and Estimates-At-Completion (EAC), invoicing and contract financial closeout.
- Demonstrate an understanding of the current regulatory environment relative to the Federal Government including Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR), DFAR, Truth In Negotiations Act (TINA), etc.
- Assess contract Statement-Of-Work (SOW) and other requirements and assist the project manager in translating them into a Work Breakdown Structure (WBS) and project plans appropriate for the contract type and complexity. Interface with internal cost account managers, subcontractors, and suppliers as needed.
- Conduct financial analysis including budgeting, forecasting, labor hour analysis, budget versus actual variance analysis, direct and indirect cost studies, revenue recognition, profit/loss analysis, risk analysis, A/R & A/P, cash flow and other financial results.
- Conduct audits and reviews of policies, procedures, and practices to ensure the timely approval and processing of costs. Collaborate with other internal organizations to resolve issues.
- Collaborate with program managers and cost account managers to develop Estimates-At-Completion (EACs). Present EACs and recommendations to improve financial results to senior management.
- Prepare invoices that are compliant with all internal and external requirements.
- Create, maintain, and update financial databases and spreadsheets, and generate various financial reports as required.
- Assist with the development of cost and pricing models and proposals for all types of contracts (FFP, CPFF, T&M, etc.).
Education and Experience:
- Prepare responses to “what-if” scenarios and ad-hoc requests.
- Performs other ancillary duties as assigned.
Knowledge, Skills and Abilities:
- A Bachelors’ degree in Accounting, Finance, or related field from an accredited institution and a minimum of 3-years’ experience in a government contracting program office, program control, pricing, or finance is required.
- Experience developing and maintaining budgets, forecasts, EACs, cost models, basic pricing models, and invoices for all types of contracts (FFP, CPFF, T&M, etc.).
- Experience using MS Office Suite products including strong MS Excel skills.
- Basic knowledge of GAAP, CAS, and FAR
- Strong analytical and problem-solving skills
- Clear attention to detail
- Solid business acumen
- Effective oral and written communication skills