Project Finance Analyst 4

1 month ago

Rockville, United States Abt Associates Full time
Job Description

The World at Abt

Solving the world's most pressing issues and improving the quality of life for people worldwide is what we do every day at Abt Global. Creating a more equitable world is no small task, but we are driven by big challenges.

We are a team of 3,000+ people in over 50 countries working in unison and focused on the bigger picture. Only by sharing our commitment, energy, and innovation do we affect change and push the boundaries of what's possible. We welcome diverse ideas, backgrounds, and viewpoints - joining Abt means access to exceptional thinkers at the top of their game.

To thrive at Abt is to embrace flexibility and collaboration. Our open culture allows you to balance your work and personal life as needed to optimize personal well-being. Creating a more equitable world starts from within - we look after people around the world, and we'll do the same for you.

Ready to embrace rewarding and meaningful work? Now's your chance.

The Opportunity

Abt Global seeks a qualified Project Finance Analyst to support the project teams at our office in Rockville, MD. Under the direction of the Project Finance Manager and alongside the project teams, the Project Finance Analyst 4 supports the management of the financial and contractual elements of federal funded projects in collaboration with other departments/functional support areas including Contracts and Procurement, HR, and corporate/division finance. This position requires strong communication skills with respect to breaking down and explaining financial risks/implications of project management decisions.

This position requires significant interaction and coordination between staff, technical staff and office support departments, excellent communication and leadership skills, and problem-solving abilities. The role requires an understanding of project team challenges and project goals and objectives, a strong desire to analyze, investigate, and resolve issues, ability to collaborate and lead through others, and a focus on continuous improvement.

Core Responsibilities
  • Attend regular meetings with project team,
  • Understand and be interested in project in general, not only the finances,
  • Perform timely monthly budget tracking and analysis aligned with project needs, review, validate and report project actual costs incurred for labor, expense and travel,
  • Prepare and manage project specific deliverables related to financial or contractual requirements (such as invoicing, supporting back-up data, limitation of funds communications, etc.)
  • Collaborate with Portfolio Manager/ Project Director to build appropriate work breakdown structure to comply with client requirements and allow for accurate time charging and financial projections.
  • Perform timely subcontractor monitoring, as well as vendor invoice review in alignment with forecasts and workplans,
  • Compile documentation requested for client reviews/ audits,
  • Other project financial needs.
  • Provide high quality support and guidance to F&A managers and site teams:
  • Timely and accurate ROV review in compliance with client requirements and Abt policies and procedures,
  • Continuous communication with F&A manager, proper issue tracking and correction
  • In coordination with direct supervisor/ PFM provide guidance and site team capacity building based on discovered issues.
  • Take ownership for all finance-related tasks for assigned projects and ensure timeliness and high-quality on all project finance deliverables with limited guidance from direct supervisor/PFM:
  • Periodic Estimate at Completion (EAC) and Variable Consideration (VC) reports
  • Quarterly Forecast, annual planning
  • Monthly Variance explanation
  • Accruals
  • Other company-level project deliverables
  • Develop workplan budgets and budget modifications for project teams that align to contractual requirements, proposal, and project WBS; Work with Portfolio Manager and Project Finance Manager to adjust as appropriate.
  • Comply with company, client, local and other legal requirements, and regulations,
  • Initiate purchase requisitions in Oracle in support of project services and material purchase needs
  • Work with procurement team to review vendor and consultant agreements to validate funding and contract type are appropriate based on prime contract including subcontracts and materials purchases.
What We Value
  • Level 4: Bachelor's Degree + Nine years of relevant experience, or Master's Degree + Seven years of relevant experience
  • Extensive knowledge of Excel spreadsheet programs
  • Experience with managing Time & Materials and Firm Fixed Price Contracts and good understanding of revenue recognition for those.
  • Strong analytical and computer skills, ability to handle multiple tasks efficiently, and familiarity with current Internet resources.
  • Excellent inter-personal, communication and organizational skills
  • Excellent written and communication skills
  • Good management and planning skills of project tasks

What We Offer

We have the opportunity to hire at a level above these minimum requirements should the best candidate that emerges from the process present as a better match to those qualifications.

This position offers an anticipated annual base salary range of approximately $83,000 to $132,000 and may vary by ten percent depending on candidate geographic location. Salary offers are made based on internal equity and market analysis.

Abt Global is an Affirmative Action/Equal Opportunity employer committed to fostering a diverse workforce. Abt Global provides market-competitive salaries and comprehensive employee benefits. Local candidates strongly encouraged to apply.

Disclaimer: Abt Global will never ask candidates for money in exchange for an offer of employment.

#LI-PC1 #LI-Remote #LI-Hybrid

About Us

Abt Global is a mission-driven, global leader in research and program implementation in the fields of health, social and environmental policy, and international development. Known for its rigorous approach to solving complex challenges, Abt Global is regularly ranked as one of the top global research firms and one of the international development innovators. The company has multiple offices in the U.S. and program offices in more than 40 countries.

At Abt Global, we are committed to creating a lasting culture of equity, diversity and inclusion and recognize that in order to achieve full participation, our practices must be free of prejudice, discrimination, and bias that result in inequitable outcomes. We are actively working to advance equity for everyone, and while we still have much work to do, we know that racial and cultural diversity are an asset to our business and the communities where we live and serve. Our ongoing commitment is focused on creating business practices that advance racial and social equity, investments in community impact programs for the benefit of Black, Indigenous, and people of color (BIPOC), and expand upon project work related to racial equity and social justice.

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