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Financial Analyst III

2 months ago

McLean, United States IAP Worldwide Services Full time
As the Financial Analyst , you will be responsible for the effective financial, accounting, and analysis of the professional and technical services line of a program supporting a US Government Contract. You will provide project management team with relevant financial data necessary for budgetary and financial decisions. Assure projects compliance with existing government regulations such as the Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS). Responsible for proper implementation and ongoing utilization of accounting systems, including labor reporting, accounts receivable, accounts payable, cost reporting and cost allocations. Interface with the corporate compliance and service centers on accounting matters. Ensure that all office level activities comply with governing local, state and federal regulations and laws. Implement corporate and project Business Operating System and financial systems. Make recommendations and implement process improvements for business related functions within the program.

Essential Job Functions:

Monthly involvement with the development, review and submission of contract financial deliverables.

Act as the liaison between the HQ finance functions, IAP internal finance and accounting, and the projects.

Review and provide input to New Business Pricing Strategy and Competitive Analysis. Develop Rough Order Magnitude (ROM) cost estimates for new contract initiatives. For new business bids (task orders on existing contracts, rebids, and new/new), support development of pricing strategy, review/validate/verify all pricing prior to submission.

Provide direct support to projects with any finance issues including billing, collections, analysis of actual vs. plan, overhead analysis, and errors resulting from process issues.

Review contract proposals or plans to determine timeframe, funding limitations, procedures for accomplishing project, billing requirements, appropriate contract setup in financial system and appropriate staffing requirements.

Work with PMs to ensure they understand their key business metric and value levers. Monitor field finance compliance with IAP policies and procedures, and offer ideas/solutions for problem areas. Evaluate Project Invoice Cycle submission performance and DSOs to determine the driver. Work with PMs and their field finance or Accounting Service Center support personnel to determine cause and effect. Recommend process improvements.

On a monthly basis, review and monitor project actual costs versus plan for variances 5%. For trends with monthly variances 5% that continue for more than 2 months, determine if trend will continue and if re-forecast is required based on discussions with PM. If re-forecast required, work with PM, field finance, and Accounting Service Center project accountants to validate Bases of Estimate for revised forecast. Review revised forecast with stake holders and obtain approval

EDUCATION & EXPERIENCE:

Bachelor's degree in Finance, Accounting, Business Administration, Business Management (desired) and 3-5 years of US Government contract experience.

KNOWLEDGE & SKILLS:

Basic knowledge of FAR/DFAR and DCAA requirements. Excellent Microsoft Office skills including Excel, PowerPoint and Word

Security Clearance: Possess an Active Secret Clearance

Intrepid Global Solutions, LLC.

www.intrepidgs.com

Intrepid Global Solutions, LLC. (IGS), is a leading international services company that provides a broad spectrum of services and solutions to U.S. and international government agencies, and organizations. As a world-class leader in providing seasoned program management, IGS leverages and integrates its capabilities - IT & Communications, Aviation & Engineering Solutions, Power Solutions, Infrastructure & Logistics - to provide safe, innovative, and reliable solutions to meet customers' diverse and complex challenges.

Intrepid Global Solutions, LLC. ("IGS" and/or "Company") and its affiliates, including but not limited to IAP World Services, Inc., and subsidiaries is an EOE, including disability/vets.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.