Project Finance Controller
2 days ago
We are looking for a Project Finance Controller to join our Energy, Environment & Infrastructure (EEI) group. You will be involved in project setup, budgeting, forecasting, revenue recognition, variance analysis, reporting, and have the opportunity to interface with operations and senior management to share financial results and identify future expectations.
This is a hybrid position based in our Reston, VA office.
What You Will Do:
- Execute contracts from cradle to grave, including reviewing executed contracts and pulling out the necessary information to setup and manage a project, set-up projects with multiple contract types, e.g., Cost-Plus, T&M, Fixed-Price, including proper billing and revenue recognition. Ensure the project set-ups and modifications are entered into Deltek Costpoint in accordance with ICF's internal SOX policies and procedures.
- Maintain Deltek Costpoint project information, i.e., contract /funding values, period of performance, line of business, project labor categories, etc.
- Review and complete timely and accurate project monthly revenue recognition procedures, in accordance with GAAP and ICF policies.
- Analyze all direct project costs/fee/revenue data; monitor project budgets and progress; and share results with Program Managers to ensure projects achieve financial expectations.
- Ensure timely invoice processing. Work with assigned billing specialist; review and approve client invoices; follow up on collections; and analyze and understand unbilled WIP.
- Prepare and effectively review Estimate-At-Complete (EAC)
- Manage project subcontractor invoices, including subcontractor invoice approval; processing and submission to Accounts Payable; and maintenance of subcontractor financial data for semi-annual subcontractor reporting (SF 294).
- Prepare and submit project monthly progress reports /other reports as required.
- Interact with other departments, such as Contracts, Procurement, Accounting, Project Management, and Business Unit Leads regarding project related issues.
- Maintain open communication with direct management regarding financial results and ensure Project Managers and other senior personnel are aware of risks and opportunities identified during project financial tracking, revenue review, A/R, WIP, etc.
- Review and monitor project funding and expenditures for contract 75% Limitation of Funds notification.
- Prepare and provide necessary financial information (i.e., fee retention, final invoice review) and other related financial information/documentation to the ICF closeout department.
- Assist with reviewing and updating project forecasting files.
- Assist with the mentoring and training of junior team members.
- 2+ years of experience in a Finance/Accounting role in a government and/or commercial contracting environment.
- 1+ year of experience with service type T&M and/or fixed priced contracts.
- 1+ year of experience with Deltek Costpoint and Cognos reports.
- 1+ year of experience using M365 applications, including Excel, e.g., VLOOKUP, Pivot Tables, etc.
- Bachelor's degree in Accounting/Finance, Business or related discipline, or equivalent experience in a related field.
- Highly effective analytical, problem-solving, and decision-making capabilities.
- Excellent communication and interpersonal skills to interface effectively at all levels of the business.
- Organized, detailed oriented and able to prioritize and multi-task.
Working at ICF
ICF is a global advisory and technology services provider, but we're not your typical consultants. We combine unmatched expertise with cutting-edge technology to help clients solve their most complex challenges, navigate change, and shape the future.
We can only solve the world's toughest challenges by building a workplace that allows everyone to thrive. We are an equal opportunity employer. Together, our employees are empowered to share their expertise and collaborate with others to achieve personal and professional goals. For more information, please read our EEO policy.
We will consider for employment qualified applicants with arrest and conviction records.
Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation, please email Candidateaccommodation@icf.com and we will be happy to assist. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
Read more about workplace discrimination rights or our benefit offerings which are included in the Transparency in (Benefits) Coverage Act.
Candidate AI Usage Policy
At ICF, we are committed to ensuring a fair interview process for all candidates based on their own skills and knowledge. As part of this commitment, the use of artificial intelligence (AI) tools to generate or assist with responses during interviews (whether in-person or virtual) is not permitted. This policy is in place to maintain the integrity and authenticity of the interview process.
However, we understand that some candidates may require accommodation that involves the use of AI. If such an accommodation is needed, candidates are instructed to contact us in advance at candidateaccommodation@icf.com. We are dedicated to providing the necessary support to ensure that all candidates have an equal opportunity to succeed.
Pay Range - There are multiple factors that are considered in determining final pay for a position, including, but not limited to, relevant work experience, skills, certifications and competencies that align to the specified role, geographic location, education and certifications as well as contract provisions regarding labor categories that are specific to the position.
The pay range for this position based on full-time employment is:
$73,403.00 - $124,784.00
Reston, VA (VA30)
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