Senior Project Control Specialist (Remote)

Parsons CorporationUSA MD (Virtual Office), MD
$74,800 - $130,900Remote

About The Position

Parsons is looking for an amazingly talented Project Control Senior Analyst to join our team! In this role you will get to support a variety of contract types within the organization!

Requirements

  • 5+ years of experience in Project Controls or related work experience
  • Bachelor's degree in Finance, Business, Accounting or related field (or equivalent experience)
  • Familiarity with various contract types, subcontracts, or grants, including OTA (Other Transaction Agreements, Cost Reimbursable contracts (CPxF), Firm Fixed Price (FFP), and Time and Material (T&M) contracts.
  • Strong analytical and problem-solving skills with the ability to work comfortably with budgets and collaborate across multiple departments.
  • General understanding of government contracting indirect rate structures and procedures.
  • Excellent communication and interpersonal skills.
  • Exceptional attention to detail and organizational abilities.
  • Advanced proficiency in Microsoft Excel, including financial modeling and data analysis.
  • Proficiency in Microsoft Word, Microsoft Office Suite, and project management tools.

Nice To Haves

  • In-depth knowledge of federal government contracting principles, including FAR, DFARS, and JTR.
  • Familiarity with federal contract types (Cost Reimbursable, Firm Fixed Price, Time and Material).
  • Experience analyzing program cost, schedule, and impact, including variance analysis and reporting.
  • Experience with Oracle Smartview, Deltek Costpoint and Cognos Reporting environments preferred but not required.

Responsibilities

  • Assist in developing and managing cost control systems to provide project and company management with accurate and timely financial information.
  • Perform all aspects of planning, tracking, analysis, and reporting for projects of varying contract types, sizes, complexities, and risk levels, ensuring compliance with financial policies and procedures for CPxF and T&M contracts.
  • Facilitate the development of WBS by collaborating with Program Management, Procurement, and Finance Departments.
  • Conduct independent analysis of data stored in project management and cost control systems; create presentations using graphs, diagrams, and other visual aids to illustrate cost status.
  • Forecast and identify variances from project plans and pricing; manage change orders; provide financial analysis to Project Leads; take proactive steps to manage project cost, schedule, and performance.
  • Develop and maintain revenue recognition models, EACs, Estimates-to-Complete (ETCs), burn rate analyses, and related cost analyses using advanced Excel-based financial modeling.
  • Work alongside Project Leads to maintain project budgets, including monthly budgeted vs. actual cost analysis; identify and communicate risks such as cost overruns, underspending, and vacancy issues.
  • Perform subcontract and purchase order management activities, including preparing purchase requisitions, processing invoices, and preparing accruals for projects.
  • Generate ad hoc reports to support project performance analysis and decision-making.
  • Demonstrate analytical abilities by obtaining financial report information to help projects understand their performance and transactions.
  • Perform other duties as assigned.

Benefits

  • medical
  • dental
  • vision
  • paid time off
  • Employee Stock Ownership Plan (ESOP)
  • 401(k)
  • life insurance
  • flexible work schedules
  • holidays
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