The Financial Analyst position is responsible for assisting the Program Finance Lead with financial management aspects in support of Program operations, including tracking and analyzing a significant project portfolio and indirect expenditures, and for serving as liaison between multiple departments of the Contracts & Finance Office and operations programs. The Financial Analyst ensures the financial data reporting and analysis needs are met from the perspectives of both Program management (client project, indirect and investment finances) and the Contracts and Finance Office (corporate annual budget and indirect expense management). The Financial Analyst is expected to serve as the source of expertise to program operations staff throughout the entire project life cycle, including but not limited to project pricing, project planning, execution, and closeout. The Financial Analyst also plays a major role in ensuring compliance with governing acquisition regulations (state and federal) and company policies and procedures.
ESSENTIAL JOB FUNCTIONS:
• Support the Program Finance Lead in her effort to lead monthly project scope/budget reporting and review meetings, Functional Team scope/budget reporting and review meetings and IR&D scope/budget reports and review meetings.
• Support negotiations with major vendors and subcontractors and subsequently track and manage their post-award financial performance.
• Monitor, forecast and report financial performance of project and Program direct and indirect initiatives, budgets/targets, including but not limited to those for revenue, components of revenue, profit/fee, labor utilization, indirect costs, investment costs, backlog, receivables and unbilled receivables.
• Ensure Program compliance with governing procurement regulations as well as corporate financial policies and procedures.
• Ensure timely preparation of all client billings, review and approve the same prior to submission to the client and address collections on invoices not paid promptly.
• Provide financial basics training, and promote financial knowledge among the Program operations staff in support of project budgets and increase financial understanding via outreach and communication especially in high risk areas such as compliance, fixed price contracts, etc.
• Assist in identifying cost variations or other project and Program risk areas; assist in developing mitigation plans and document all for later use in audit support.
• Play a role in supporting pricing for proposals.