American Institutes for Research

Financial Associate

US-DC-Washington
Job ID
10167
United States
Category
Finance/Accounting

Overview

The American Institutes for Research (AIR) is currently seeking a Financial Analyst to join our Corporate Finance Office in Washington, DC. AIR is one of the leading behavioral and social science research organizations in the world. Domestically and worldwide, we are helping to make a difference in the areas of education, student assessment, individual and organization performance, health research and communications, human development, workplace equity and statistical research methods. For us, making the world a better place is not wishful thinking. It is the goal that drives us.

The Financial Associate position is responsible for assisting the Program Finance Lead with the financial management of a portfolio of client and internal projects and cost accounts. This is an exciting opportunity to “learn the business” and interact with internal and external partners and AIR’s clients in an effort to monitor, analyze and forecast all financial key performance indicators associated with the assigned portfolio. The Financial Analyst ensures the financial data reporting and analysis needs are met from the perspectives of both Operations management (client project, indirect and investment finances) and the Contracts & Finance Office (corporate annual budget and indirect expense management). The Financial Analyst is expected to serve as the source of expertise to operations staff throughout the entire project life cycle, including but not limited to project pricing, project planning, execution, and closeout, as well as function as the liaison between multiple subunits of the Contracts & Finance Office and the operations unit. Finally, the Financial Associate plays a major role in ensuring compliance with governing acquisition regulations (state and federal) and company policies and procedures.

Responsibilities

• 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 Operations’ 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 operational 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 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 operational risk areas; assist in developing mitigation plans and document all for later use in audit support.
• Play a role in supporting pricing for proposals.

Qualifications

• B.S. in Finance, Business Administration, or Accounting is required.
• MBA or equivalent is preferred.
• A minimum of 3 – 6 years of relevant work experience in an organization that delivers educational testing services similar to those provided by AIR (test development, testing and test processing, test analysis and reporting) is preferred but not required.
• Excellent written and oral communication, organizational and strong analytical skills are required.
• High level proficiency with Microsoft Excel is required.
• Knowledge of Deltek CostPoint and Cognos Reporting is a plus.


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