Project Finance Analyst I

Altasciences•Overland Park, KS

About The Position

The Project Finance Analyst I provides financial support and direction for assigned projects, ensuring project financials are monitored and managed to help maximize profitability and cash flow. The role loads and validates project budgets, billing schedules, and revenue schedules in financial management systems, and maintains project and contract module configurations. It records revenue recognition, prepares sponsor accruals, conducts monthly project reviews and variance analysis, and reconciles work-in-progress and deferred revenue balances. The analyst monitors financial and contract reports, resolves or escalates unusual activity, and prepares monthly project reporting and ad hoc financial analysis. Working with project management and cross-functional teams, the role supports accurate project projections, coordinates change orders, ensures payments stay within statement-of-work timelines, and serves as a central contact for designated project communications and documentation. The position also participates in study-team and project kick-off meetings.

Requirements

Bachelor’s degree in accounting or a related field, or equivalent work experience.
At least 1 year of related experience.
Intermediate to advanced knowledge of MS Word, Excel, Outlook, and PowerPoint.
Ability to read and interpret technical documents and industry-specific manuals.
Ability to write advanced reports and correspondence.
Ability to speak effectively before groups of customers or employees.
Excellent verbal and written communication skills.
Well-developed interpersonal skills and the ability to build strong, trusting relationships.
Personal and professional integrity, discretion in handling confidential information, and a professional demeanor.
Ability to manage multiple conflicting priorities, set priorities, and work in an organized manner.
Self-directed and motivated, with initiative to anticipate client needs and recommend implementation approaches.
Critical thinking, initiative, good judgment, and constructive problem-solving skills.
Strong attention to detail.
Ability to work as part of a team in a fast-paced, deadline-driven environment.
Strong MS Office skills and familiarity with HRMS systems.
Applicants must be legally authorized to work in the United States without employer sponsorship now or in the future.

Nice To Haves

Experience with Workday ERP.
Bilingual proficiency in French may be required depending on location.
Relevant industry experience.

Responsibilities

Load project budgets into financial management systems and review, reconcile, and approve them for accuracy and alignment with contracted values.
Load billing schedules into financial management systems and review, reconcile, and approve them for accuracy, contracted-value alignment, and compliance with negotiated contract terms.
Load revenue schedules into financial management systems and review, reconcile, and approve them for accuracy, contracted-value alignment, and compliance with negotiated contract terms.
Perform work movements within the financial management system, moving budgets between sites as needed to align revenue with where work is performed.
Maintain Project and Contract module configurations, including assigning Rate Sets or Plans to Activities and configuring Contract Lines.
Record revenue recognition for milestone, evenly spread, usage-based unit, and billable project transactions within month-end close deadlines.
Prepare monthly or quarterly Sponsor accruals and/or validate Sponsor accruals and receivable balances.
Prepare monthly project-level actual-versus-budget/forecast variance analyses and reports for distribution.
Conduct monthly reviews and analyses of assigned projects, including revenue recognition, project performance variances, and WIP/deferred revenue positions.
Perform project-level WIP/deferred revenue reconciliations as required.
Monitor WIP/deferred revenue, over-the-limit, and contract activation reports, and resolve or escalate unusual activity.
Prepare monthly reporting for assigned projects, including unsigned contract opportunities, backlog, and other ad hoc financial analysis.
Work with project management to ensure accurate projections that account for changing timelines, scope changes, and budget-to-actual comparisons that may require change orders.
Ensure payments do not exceed SOW timelines.
Ensure change orders are executed and communicated to appropriate personnel.
Act as a central contact for designated project-team communications, correspondence, and associated documentation.
Participate in study-team and project kick-off meetings and interact with cross-functional staff to verify information and address new data issues or existing action items.