Project Finance Analyst
$68.09k - $102.14kPrecise Systems (MD)
Project Finance Analyst
Precise Systems delivers integrated, mission-ready solutions that advance warfighter readiness and strengthen our nation's most critical defense programs. Through the power of our combined capabilities, we provide deep expertise in Advanced Engineering; Digital Transformation; Electromagnetic Warfare; Interactive Training & Simulation; Physical Sciences Research; Platform Lifecycle Support; and Foreign Military Sales. Unified by decades of trusted performance and expanded through strategic growth, our team applies innovative technologies, engineering rigor, and customer-focused execution to solve complex challenges and accelerate mission success. Guided by our commitment to partnership, precision, and performance, we deliver the scalable solutions and technical excellence our customers depend on—today and into the future.
Precise Systems seeks a Project Finance Analyst to support our Corporate Team in a fast-paced environment. The successful candidate will possess a positive, customer-service focus with the ability to actively listen, elicit information, comprehend customer issues/needs, inspire teamwork, and recommend solutions.
Hybrid work schedule: 2 days per week in office at our Pax River HQ or Reston, Virginia office.
Duties:
- Collaborate with Operational Project Management in the development, review, and updates of project and program budgets, forecasts, and estimate-at-completion (EAC) along with associated reporting and analysis.
- Monitor and review project and program expenditures for accuracy and consistency.
- Collaborate with accounting department in project set up structure and process.
- Review, monitor, and report project financial performance (revenue, cost, margins) and identify and present potential deviations against budget or forecasts to management. Develop and provide recommendations for actions or improvement as necessary.
- Proactively partner with program management team in order to understand and track program risks and challenges, recommend solutions and ensure risk mitigation activities are in place as necessary to avoid performance issues.
- Assist with the establishment, maintenance, and updating of financial processes and procedures
- Prepare and/or support preparation of client status reports, integrated program reviews, and/or ad-hoc program related financial requests from clients, internal management, and other stakeholders.
- Support subcontractor/vendor cost management lifecycle, including setting up Purchase Requests, tracking subcontractor/vendor invoicing and payments, and developing back up for subcontractor accruals. Review subcontractor invoices for accuracy, timeliness and completion. Collaborate with Subcontracts Department to ensure subcontractor funding is up to date, in place, and in line with prime contract.
- Review and approve invoices for submission to customer. Collaborate with Accounting and Billing Department in supporting customer questions associated with billings and reviewing and resolving unbilled charges
Required Education:
- Bachelors degree
- An additional four years of experience can substitute for a degree
Required Experience:
- 4 years equivalent experience in government contract project finance or similar position.
- Thorough understanding of Government contract types and related contract terms and conditions.
- Demonstrated experience with contracts that have large CLIN structures and detailed reporting requirements.
- Proven ability to strategically analyze data, provide comprehensive solutions to problems, and independently manage workload in order to meet customer needs.
- Intermediate to advanced knowledge of Excel required, including advanced formulas and pivot tables
- Deltek or CostPoint experience is a plus
- Track record of building effective working relationships and communicating successfully with senior level internal and external stakeholders
Due to the sensitivity of customer-related requirements, U.S. Citizenship is required.
Precise Systems values employee contributions, promotes diverse opportunities for professional growth, and prioritizes overall well-being. We recognize exceptional performance and alignment with our core values through our STAR Award recognition program.
Compensation at Precise Systems is determined by various factors, including education, experience, skills, competencies, and contract-specific requirements. The salary range for this position is $68,090.42 to $102,135.62 annualized USD). This range represents the standard pay for this role and is just one component of Precise Systems' total compensation package.
Precise Systems is committed to fair and equitable pay practices in alignment with applicable pay transparency laws and equal employment opportunity standards.
Precise Systems is dedicated to a shared vision and core values of Integrity, Respect, and Responsibility, which foster innovation and drive our continued success in the global marketplace. Precise Systems and its subsidiaries are Equal Opportunity /Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, protected veteran status, status as an individual with a disability, or any legally protected status under federal, state, or local law.
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