Project Finance Analyst III
Tyonek Native Corporation
- Madison, AL
- Permanent
- Full-time
- Ensure projects' revenue recognition method is compliant with GAAP and company policies
- Analyze project revenue, cost, profit, billings, accounts receivable balances, unbilled accounts receivable, indirect rates charged to projects, PO project commitments, cost charging to ensure actuals are consistent with expectations
- Analyze actuals versus budgets to identify variances and recommend corrective actions to ensure performance meets expectations
- Advise program managers on project charge code set up to ensure compliance with contractual, accounting, and company requirements
- Establish project finance performance (cost, profit, accounts receivable, etc.) visibility weekly and monthly and provide to enable the project team to implement corrective actions
- Train/mentor Project Control Analysts on compliant project finance methods/processes
- Prepare monthly, quarterly and fiscal year project budgets to include revenue, cost and profit
- Prepare monthly contract accruals
- Interface with Program Management, Corporate Office, Customer's Business Office and Procurement
- Prepare cost presentations and participate in monthly and quarterly budget reviews with management
- Assist in preparation of subcontractor and intercompany contract agreements and financial reporting
- Research and analyze historical data and develop cost models to support proposal efforts
- Participate in should-cost and pricing reviews with management and customer representatives
- Monitor, review, and validate project status and invoices and ensure timely accurate updating of projects
- Deliver understandable project trends and issues to the project team and management
- Work with project team to proactively identify issues affecting project results and profitability
- Enter budgets and necessary project information into the financial accounting system to allow for accurate project coding, invoicing, and accounting
- Respond to project manager, business development, or other customer request for project information
- Develop payment schedules to maintain positive project cash flow
- Review contracts and payment language to assure accuracy of contracts
- Provide financial audit support
- Other duties as assigned
- BS/BA in Accounting, Finance, Business Management or equivalent required. Experience may be substituted for degree
- Requires 6+ years of experience is preferred
- Working knowledge of GAAP, FAR and CAS
- Experience with Cost Point and COGNOS
- Very familiar with FAR Contract structure and clauses
- Experience working on proposals and contracts (SCA, Cost Plus, Firm Fixed Price, Time & Material, etc.)
- Must be proficient with all Microsoft Office tools
- Analytical, communication and presentation skills needed as well as the ability to operate independently and as a strong member of a team.
- We maintain a drug-free workplace and perform post offer, pre-employment substance abuse testing.
- Must be able to walk or stand on level and/or inclined surfaces and sit for extended periods of time.
- Must be able to routinely climb / descend stairs.
- On occasion must be able to lift 30 pounds.
- Must be able to routinely grasp or handle objects, use finger dexterity, bend elbows / knees, and reach above / below shoulders.
- Works in a normal office environment with controlled temperature and lighting conditions.