Project Controls Analyst IV

TSC•Arlington, VA

3d•Hybrid

About The Position

FALCATA has an immediate requirement for a Project Controls Analyst IV in Arlington, Virginia, or the DC Metro area. The analyst will be assigned to individual programs and divisions to help ensure projects are completed on time and within budget, and will report directly to the Project Controls Lead. Remote working options are available for candidates local to the DC Metro area. The role supports financial controls and reporting across customer contracts and projects, including forecasting, cost analysis, revenue review, and identification and resolution of financial issues. The analyst works independently and as part of an integrated team, preparing reports and coordinating with program management, accounting, contracts, subcontractors, and other functional teams.

Requirements

Bachelor’s degree in Business or a related field.
8–10 years of project controls experience, or an equivalent combination of education and experience.
Active DoD Secret clearance or ability to obtain one.
Experience with contract and subcontract types, including CPFF, T&M, and FFP.
Advanced Microsoft Excel skills.
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.

Nice To Haves

Experience with the Deltek Cost Point Accounting System.
Experience with DoD Working Capital Funding.
Experience with annual rate adjustments and contract closeouts.

Responsibilities

Implement financial policies and develop and manage cost-baseline data analysis and reporting formats in support of customer contracts.
Develop and maintain estimates-to-completion, estimates-at-completion, and burn-rate analyses.
Coordinate with subcontractors, contracts teams, and program management teams to develop monthly forecasts, financial reporting, and funding requirements.
Forecast program financial data; analyze profitability for contractual milestones; track project overruns and underruns; and prepare profit models.
Participate in planning, tracking, analysis, and reporting for projects of varying contract types, sizes, complexity, and risk, including monthly program reviews.
Maintain monthly budget-versus-actual analysis and financial forecasts based on input from Program Managers and subcontractors.
Maintain forecasting reports and identify and communicate risks—including cost overruns, underspending, and vacancy issues—to the Operations team.
Review monthly financial reports for accuracy and potential issues, research them, and recommend or take corrective action.
Address issues such as costs charged after a contract’s period of performance has ended, inaccurate revenue or profit recognition, and unapproved workforce charging.
Conduct monthly revenue review and inputs, and make accounting-system corrections for time and cost accuracy.
Prepare financial reports detailing monthly project progress.
Work independently and contribute to an integrated team through statistical reporting, analysis, and estimates.
Prepare written and verbal reports to management on the financial analysis of each contract.
Work with the accounting team to identify and resolve accounts receivable and accounts payable issues.
Work with the contracts department when new contracts are established or contract modifications are required.
Interface with program managers, senior management, company contract employees, and functional areas including DoD contracts, finance, accounts receivable, procurement, and subcontract management.