• Financial Associate

    Job Location US-DC-Washington
    Job ID
    10794
    Job Location
    United States
    Alternate locations
    Crystal City, VA
    Category
    Finance/Accounting
  • Overview

    American Institutes for Research (AIR) is a leading professional services firm which prides itself in conducting high-impact, high-stakes projects for significant federal, state, and private organizations. The Corporate Finance Office (CFO) is a dynamic workplace within AIR with a clear agenda to develop a service oriented organization in line with the business. It is composed of a strong team of co-workers and challenging varied roles that aim to stretch and expand the value CFO delivers within AIR.

    Responsibilities

    The Financial Associate 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 (CFO) and the Operations unit. 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 with monthly project scope/budget reporting and review meetings
    • Support negotiations with major vendors and subcontractors and track 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:
    o revenue
    o profit/fee
    o labor utilization
    o indirect costs
    o investment costs
    o backlog
    o receivables
    • Ensure operational compliance with governing procurement regulations as well as corporate financial policies and procedures
    • Review and ensure timely preparation of all client billings and address collections on invoices not paid promptly
    • Assist in identifying cost variations or other project and operational risk areas
    • Assist in developing and documenting mitigation plans
    • Support pricing activities for proposals
    • Provide financial basics training, and promote financial knowledge among the Operations staff

    Qualifications

    • Bachelor's Degree is required
    • 3 – 6 years of relevant work experience in an organization offering services to a wide range of federal, state and commercial clients
    • Excellent written and oral communication
    • Strong analytical skills
    • Highly proficient in Excel

    *LI-AS1

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