Project Controls Analyst IV

TSC•Arlington, VA

2d•Remote

About The Position

FALCATA is hiring a Project Controls Analyst IV to support individual programs and divisions, helping ensure projects are completed on time and within budget. The position is based in Arlington, Virginia, or the DC Metro area, with remote work options available to candidates local to the DC Metro area. The analyst reports directly to the Project Controls Lead and works independently while contributing to an integrated team through financial and statistical reporting, analysis, and estimates. The role supports financial planning, forecasting, reporting, and analysis across customer contracts and projects of varying contract types, sizes, complexity, and risk. It involves coordination with program managers, subcontractors, accounting, contracts, finance, accounts receivable, procurement, and subcontract management, as well as communication with senior management and other company personnel.

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 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 reports, and funding requirements with contracts and program management teams.
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 on 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 communicate risks, including cost overruns, underspending, and vacancy issues, to the Operations team.
Review monthly financial reports for accuracy and potential issues, and research and recommend or take corrective action, including addressing costs charged after a contract period of performance has ended, inaccurate revenue or profit recognition, and unapproved workforce charging.
Manage monthly revenue review and inputs, and make accounting-system corrections for time and cost accuracy.
Prepare financial reports detailing monthly project progress and written and verbal reports to management regarding contract financial analysis.
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 teams including DoD contracts, finance, accounts receivable, procurement, and subcontract management.