Project Finance Analyst I

Altasciences • Overland Park, KS

1d

About The Position

The Project Finance Analyst I provides financial support and direction for assigned projects, ensuring project finances are monitored and managed to help maximize profitability and cash flow. This is a six-month contract position. The role works with project management and cross-functional teams to maintain accurate project budgets, billing and revenue schedules, reporting, reconciliations, and project documentation.

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 Microsoft Word, Excel, Outlook, and PowerPoint.
• Ability to read and interpret technical documents and industry-specific manuals.
• Ability to write advanced reports and correspondence and speak effectively before groups of customers or employees.
• Excellent verbal and written communication skills and well-developed interpersonal skills.
• Integrity and discretion in handling confidential information.
• Ability to develop trusting relationships, manage conflicting priorities, and work independently with initiative.
• Critical thinking, good judgment, constructive problem-solving, and the ability to set priorities and work in an organized manner.
• Strong attention to detail and professional demeanor, including discretion regarding employee information.
• Ability to work as part of a team in a fast-paced, deadline-driven environment.
• Familiarity with HRMS systems.

Nice To Haves

• Experience with Workday ERP.
• Relevant industry experience.

Responsibilities

• Load project budgets into financial management systems and review, reconcile, and approve them for accuracy against contracted values.
• Load billing schedules into financial management systems and review, reconcile, and approve them for accuracy and compliance with negotiated contract terms.
• Load revenue schedules into financial management systems and review, reconcile, and approve them for accuracy and compliance with negotiated contract terms.
• Move budget between sites within the financial management system as needed to align revenue with where work is performed.
• Maintain configuration of Project and Contract modules, including assigning Rate Sets/Plans to Activities and configuring Contract Lines.
• Record revenue recognition in the financial management system for milestone, spread-even, 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 ad hoc financial analyses.
• 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.
• Serve as a central contact for designated project communications, correspondence, and associated documentation.
• Participate in study team and project kick-off meetings and work with cross-functional staff to verify information and triage new data issues or previously identified action items.

What This Job Offers

• Career Level: Entry Level