Project Controls Analyst IV

About the role

FALCATA has an immediate requirement for a Project Controls Analyst IV in Arlington, VA or the DC Metro area. The candidate will be assigned as a Project Controls Analyst to individual programs and divisions to help ensure that projects are completed on time and within budget, reporting directly to the Project Controls Lead. Remote working options are available for candidates local to the DC Metro area.

Responsibilities

• Implement financial policies; develop and manage cost baseline data analysis and report formats in support of customer contracts.
• Develop and maintain estimates-to-completion, estimates-at-completion, and burn rate analyses.
• Coordinate with subcontractors to develop monthly forecasts, financial reporting, and funding requirements with contracts and program management teams.
• Forecast financial data for programs, analyze profitability for contractual milestones, track over/under runs of projects, and prepare profit models.
• Participate in the planning, tracking analysis, and reporting on projects of varying contract types, sizes, complexity, and levels of risk, including monthly program reviews.
• Maintain monthly budget vs. actual analysis; create financial forecasts based upon input from Program Managers and subcontractors; maintain forecasting reports and identify and communicate any risks such as cost overruns, under spending, vacancy issues, etc. to the Operations team.
• Review monthly financial reports for accuracy and to identify potential issues.
• Research and recommend/take actions to correct issues including but not limited to: costs charged to a contract where the period of performance has ended, inaccurate revenue and profit recognition, unapproved workforce charging, etc.
• Responsible for monthly revenue review and inputs, corrections to the accounting system for time and cost accuracy.
• Responsible for numerous financial reports detailing monthly progress of the project.
• Work independently and contribute to an integrated team through statistical reporting, analysis, and estimates.
• Prepare written and verbal reports to management related to the financial analysis of each contract.
• Work closely with the accounting team to identify and resolve accounts receivable (AR) and accounts payable (AP) issues.
• Work closely with the contracts department when new contracts are established or contract modifications are required.
• Interface with program managers, senior management, company contract employees, and other functional areas including DoD contracts, finance, accounts receivable, procurement, and subcontracts management.

Requirements

• Bachelor's degree in Business or a related field.
• 8–10 years of experience (or an equivalent combination of education and experience) in project controls.
• Active DoD Secret clearance or the ability to obtain one.
• Experienced in all contract/subcontract types (CPFF, T&M, FFP, etc.).
• Advanced skills in Microsoft Excel.
• Experience coordinating and managing subcontractor funding.
• Excellent verbal and written communication skills.
• Analytical and independent problem-solving skills.
• Organizational skills to balance and prioritize work.
• Industry experience with DoD contracting.

Preferred Qualifications

• Experience with Deltek Costpoint Accounting System.
• Experience with DoD Working Capital Funding.
• Experience with annual rate adjustments and contract closeouts.

Benefits

Falcata offers a stable work environment, a competitive salary, and a comprehensive benefit package including:

• 401k Plan
• Flexible Work Schedules
• Tuition Reimbursement
• Co-Sponsored Health Plan
• Paid Leave