Project Financial Analyst

K2 Solutions, Inc.•Southern Pines, NC

82d

About The Position

K2 Solutions is seeking a detail-oriented and analytical Project Financial Analyst to support the financial management of government contracts throughout the project lifecycle. This position works closely with Program Managers, Contracts, and Finance to ensure projects are financially compliant, accurately maintained, and operating within budget. The ideal candidate has experience performing project controller or project financial analyst duties in a government contracting environment and is comfortable analyzing project financial performance, monitoring contract funding, supporting customer invoicing, and providing meaningful financial reporting. Experience with Unanet ERP and DCAA/FAR requirements is highly preferred.

Requirements

Minimum of 3 years of experience in project financial analysis, project controlling, project accounting, or a similar role.
Government contracting experience strongly preferred.
Experience supporting cost-reimbursable, fixed-price, and time-and-material contracts preferred.
Working knowledge of FAR, DCAA compliance requirements, and government contract billing practices preferred.
Experience with Unanet ERP is highly preferred.
Advanced Microsoft Excel skills, including PivotTables, lookup functions, and financial analysis.
Strong analytical and problem-solving skills with exceptional attention to detail.
Ability to analyze large datasets and communicate financial information clearly to both financial and non-financial personnel.
Strong organizational skills with the ability to manage multiple projects and competing priorities.
Excellent written and verbal communication skills.
Ability to work independently while collaborating effectively across departments.
Active Secret Security Clearance or the ability to obtain one preferred.

Nice To Haves

Experience with Unanet ERP and DCAA/FAR requirements is highly preferred.
Government contracting experience strongly preferred.
Experience supporting cost-reimbursable, fixed-price, and time-and-material contracts preferred.
Working knowledge of FAR, DCAA compliance requirements, and government contract billing practices preferred.
Active Secret Security Clearance or the ability to obtain one preferred.

Responsibilities

Monitor the financial performance of assigned projects and provide regular analysis of project profitability, revenue, costs, funding, and margin.
Prepare and present project Profit & Loss (P&L) reports to Program Managers and leadership, identifying trends, risks, and opportunities.
Partner with Program Managers to review project financial health, forecast contract performance, and recommend corrective actions when necessary.
Maintain project setup within the ERP system, ensuring projects are established and managed in accordance with contract terms, funding modifications, billing requirements, and internal policies.
Review contract modifications and assist with updating project structures, funding ceilings, labor categories, and billing rates as applicable.
Assist with preparing and reviewing customer invoices to ensure accuracy, completeness, and compliance with contract requirements.
Support month-end close activities by reviewing project transactions, labor postings, revenue recognition, and project cost allocations.
Prepare and distribute recurring financial reports, including budget vs. actual analyses, labor utilization, project forecasts, and other operational metrics.
Track project funding, contract ceilings, and burn rates, notifying management of potential funding limitations or overruns.
Assist with project forecasting, revenue projections, backlog reporting, and financial planning activities.
Ensure project financial data complies with company policies, government contract requirements, and applicable FAR and DCAA guidelines.
Research and resolve project accounting discrepancies in collaboration with Accounting, Contracts, Payroll, and Program Management.
Support internal and external audits by providing project financial documentation and explanations as requested.
Recommend process improvements to increase efficiency, reporting accuracy, and financial controls.
Perform other duties as assigned.