Senior Project Control Analyst

Parsons Corporation

About The Position

Parsons is looking for an amazingly talented Project Control Senior Analyst to join our team! In this role you will get to support a variety of contract types within the organization! This role offers opportunities to grow within the organization and gain exposure to complex projects and cross-functional collaboration.

Requirements

5-8 years of experience in Project Controls or related work experience
Bachelor's degree in Finance, Business, Accounting or related field (or equivalent experience)
Familiarity with various contract types, subcontracts, or grants, including OTA (Other Transaction Agreements, Cost Reimbursable contracts (CPxF), Firm Fixed Price (FFP), and Time and Material (T&M) contracts.
Strong analytical and problem-solving skills with the ability to work comfortably with budgets and collaborate across multiple departments.
General understanding of government contracting indirect rate structures and procedures.
Excellent communication and interpersonal skills.
Exceptional attention to detail and organizational abilities.
Advanced proficiency in Microsoft Excel, including financial modeling and data analysis.
Proficiency in Microsoft Word, Microsoft Office Suite, and project management tools.
Flexible and adaptable; able to thrive in a dynamic, fast-paced environment with changing priorities
Strong analytical and problem-solving skills; adept at working with budgets and collaborating across departments.
Solid understanding of government contracting indirect rate structures and procedures.
Excellent communication and interpersonal abilities.
Exceptional attention to detail and organizational skills.
Advanced proficiency in Microsoft Excel (financial modeling, data analysis).
Proficiency in Microsoft Office Suite and project management tools.

Nice To Haves

In-depth knowledge of federal government contracting principles, including FAR, DFARS, and JTR.
Familiarity with federal contract types (Cost Reimbursable, Firm Fixed Price, Time and Material).
Experience analyzing program cost, schedule, and impact, including variance analysis and reporting.
Ability to quickly learn and apply new software, tools, and systems relevant to project controls and federal compliance.
Experience with Oracle Smartview, Deltek Costpoint and Cognos Reporting environments preferred but not required.

Responsibilities

Cost Control Systems: Assist in developing and managing cost control systems to provide project and company management with accurate and timely financial information.
Project Planning & Reporting: Perform all aspects of planning, tracking, analysis, and reporting for projects of varying contract types, sizes, complexities, and risk levels, ensuring compliance with financial policies and procedures for CPxF and T&M contracts.
Work Breakdown Structure (WBS): Facilitate the development of WBS by collaborating with Program Management, Procurement, and Finance Departments.
Data Analysis: Conduct independent analysis of data stored in project management and cost control systems; create presentations using graphs, diagrams, and other visual aids to illustrate cost status.
Variance & Change Management: Forecast and identify variances from project plans and pricing; manage change orders; provide financial analysis to Project Leads; take proactive steps to manage project cost, schedule, and performance.
Financial Modeling: Develop and maintain revenue recognition models, EACs, Estimates-to-Complete (ETCs), burn rate analyses, and related cost analyses using advanced Excel-based financial modeling.
Budget Management: Work alongside Project Leads to maintain project budgets, including monthly budgeted vs. actual cost analysis; identify and communicate risks such as cost overruns, underspending, and vacancy issues.
Subcontract & Purchase Order Management: Perform subcontract and purchase order management activities, including preparing purchase requisitions, processing invoices, and preparing accruals for projects.
Ad Hoc Reporting: Generate ad hoc reports to support project performance analysis and decision-making.
Financial Analysis: Demonstrate analytical abilities by obtaining financial report information to help projects understand their performance and transactions.
Other Duties: Perform other duties as assigned.