Project Finance Analyst EU

ST Engineering iDirect; Sint-Niklaas; On-site; EUR 45,000 - 75,000; Full time

Job summary

ST Engineering iDirect in Sint-Niklaas, Belgium, seeks a Project Finance Analyst to join the program control team. You will help plan, track, and report on project performance across varying contract types, ensuring accounting integrity and IFRS compliance.

The role collaborates with program managers, contracts, procurement, and finance, supporting pricing activities, forecasting, and variance analyses while maintaining high standards of ethics and communication.

Qualifications

• Bachelor’s degree in Business or Program Management.
• 3–8 years in Program Control, Pricing, or related field with emphasis in Finance/Accounting.
• Strong Excel/MS Office skills; SAP experience is a plus.
• Understanding CPFF and FP contracts; knowledge of revenue recognition.

Responsibilities

• Provide cost, schedule and funding planning, reporting, monitoring and analysis support to Program Managers and management.
• Develop and maintain project-level revenue forecasts and EACs.
• Lead project setup in compliance with contractual terms and requirements.
• Prepare accurate EACs and ensure revenue/profit is recorded correctly.
• Identify project risks and opportunities and advise on actions with PM/Contracts/Finance.
• Monitor costs, budgets, and manpower; perform cost transfers as needed.
• Prepare variance analyses and PMR presentations for management.
• Support/perform program proposal pricing activities and billing status monitoring.

Skills

Analytical thinking

Communication skills

Presentation skills

Independence

Education

Bachelor’s degree in Business or Program Management

Tools

Excel

MS Office

SAP ERP

Job description

Overview

At ST Engineering iDirect , we’re reshaping the future of global connectivity. As a leader in satellite communications, our groundbreaking technology empowers customers to grow, innovate, and transform their networks. Here, your skills and passion meet our vision and expertise to create something extraordinary. If you're ready to tackle technology’s biggest challenges and redefine how the world connects, the most exciting chapter of your career awaits. With ST Engineering iDirect, the sky isn’t the limit—it’s just the beginning. The Project Finance Analyst participates in the proposal preparation, planning, tracking, analysis, and reporting of performance on projects of varying contract type, size, complexity, and level of risk. The Project Finance Analyst is a key member of the program team and works directly with the Program Manager to help define the project’s goals and objectives, ensures project accounting integrity and compliance, and recommends actions to improve progress and performance. The Project Finance Analyst will have significant interface with Program/Project Managers, senior technical staff, as well as other functional organizations including contracts, finance, accounting, accounts receivable, subcontract management and procurement. The Project Finance Analyst is required to be a citizen of European Union and will work primarily in-office in Sint-Niklaas Belgium. This role will report to the Project Control Manager.

Responsibilities

• Provide cost, schedule and funding planning, reporting, monitoring and analysis support to Program Managers, and management, including Work Breakdown Structures (WBS), Basis of Estimates (BOEs) and development of time‑phased budgets and schedules.
• Responsible for developing and maintaining project level revenue forecast to Financial Planning and Analysis leadership.
• Lead project set up in compliance with contractual terms, conditions, and requirements.
• Prepare program financial Estimates at Complete (EAC) and ensure revenue and profit is recorded in compliance with the EAC.
• Identify project risks and opportunities and provide analytical contribution in working resolution with PM, Contracts, Procurement and Finance/Accounting.
• Review and assess all contract modifications. Advise the program management team of financial impacts as necessary.
• Monitor costs and manpower ensuring that actuals are within budget and charged to the correct job number and account. Process cost transfers as required.
• Prepare accurate and complete variance analysis and reporting.
• Prepare/support internal Program Management Review (PMR) presentations for management.
• Perform ad‑hoc financial analysis on the contract as requested by PMO and others.
• Support/perform program proposal pricing activities.
• Monitor funding/contract status, providing reliable and timely notification of funding status by line‑item detail as required.
• Support accounts receivable as required during the billing processing. Monitor billing status and unbilled issues, working with Finance, Contracts, Accounting and PMO to resolve issues in a timely manner.
• Ensure adherence to International Financial Reporting Standards (IFRS), internal controls and all company policies and procedures as they relate to contract performance and financials.
• Additional duties and responsibilities as assigned.

Qualifications

Education and Experience

• Bachelor’s degree in Business or Program Management, preferred but not required.
• 3 to 8 years of Program Control, Pricing, or related, and progressive experience with an emphasis in Finance, Accounting, or a related discipline is required.

Knowledge, Skills, Abilities

• Candidates must possess a strong background working with multiple contract types, specifically CPFF and FP.
• Candidates must possess an understanding of revenue recognition methods. Experience with percentage‑of‑completion revenue recognition desired.
• Candidate must have a basic understanding of accounting concepts such as accrual accounting.
• Expertise in Excel and overall MS Office suite and a working knowledge of relevant software applications.
• Experience with SAP ERP system a plus.
• Experience with EU government contracts a plus.
• Excellent organizational skills, able to handle multiple tasks at one time and meet deadlines.
• Must be analytical, possess excellent communication and presentation skills and the ability to work independently as well as a member of a team.
• Demonstrates the highest level of ethics and integrity.
• Strong interpersonal skills for interfacing with all levels within the organization including senior management, including effective influencing skills, a proactive and 'no surprises' approach in communicating issues/requests.
• Promotes a culture of collaboration and teamwork across organizational boundaries; willing to break down functional silos to optimize business results and to facilitate the overall growth of the organization.