Financial Analyst III - SRS Portsmouth, VA

Responsibilities

• Produces the monthly reporting package and briefs their group General Management after the accounting department has finished its financial close.
• Reviews and manages the revenue recognition for their group and takes steps to correct any revenue that is either over or understated at the month end close process. This may include cost transfers, at risk processing or suggesting project setup remedies.
• Creates and changes project setups as needed on a daily basis.
• Attends project setup meetings to help determine how new contracts should be setup within Costpoint.
• Works with the Financial Analysis Manager & Director of Finance to generate the Annual Operating Plan (AOP) and quarterly forecasting (FI, FII).
• Tracks actual results against the AOP and forecast. Investigates any significant variances and explains to management.
• Aids in the preparation of update(s) to the plan using actuals and projecting year end on a monthly basis.
• Prepares and distributes weekly progress status reports to Project Managers.
• Tracks revenue, negative fees, indirect labor, unpaid invoices, and unallowable costs on a weekly basis.
• Prepares monthly Cost Incurred Reports for CPFF projects
• Prepares 30/60/90 closeout reports for CPFF projects.
• Trains group employees on integrated financial software, and remains the POC for group employees.
• Reviews contract de-obligation for submission to the Finance Analysis Manager/Director of Finance for review and approval.
• Prepares and distributes weekly progress status reports to Project Managers.
• Tracks revenue, negative fees, indirect labor, unpaid invoices, and unallowable costs on a weekly basis.
• Prepares labor and non-labor transfers to correct erroneous charging.
• Reviews and approves employee expense report submittals.
• Customizes Business Intelligence reports upon request.
• Reviews contracts and modifications for financial accuracy.
• Works with the Purchasing Department to closeout purchase orders in a timely manner.
• Aid in implementing proper internal controls to support the organization’s growth.
• Other duties as assigned.

Requirements

• Bachelor’s degree in finance, accounting or similar field.
• Four to Eight (4-8) years’ financial analysis experience.
• Must be proficient in CostPoint or other large ERP Systems.
• Must have advanced knowledge of Excel.
• Understanding of EVM principles, cost forecasting, and budgeting in high-stakes, fast-moving environments.
• The role requires agility, quick decision-making, and the ability to manage multiple projects simultaneously.
• Possess strong analytical skills and understanding of financial concepts to support our financial planning and analysis activities.
• Possess excellent organizational skills and be detail oriented.
• Able to work in a culture of collaboration, accountability, and continuous improvement.
• Possess the ability to obtain and maintain a DoD Secret Clearance.
• Ability to speak, write, understand and communicate in English.
• Pursuant to various government contractual requirements, all applicants must be U.S. Citizens.
• ADA Notations: Position requires the ability to hear and communicate clearly, orally and in writing. Uses vision to view screens, create and review documents; requires close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus. Capable of using a keyboard effectively. Frequently required to sit for long periods of time, stand, walk and may occasionally lift and move at least 25 pounds. Office environment. Must be able to work in a busy, fast-paced environment.