Junior Project Finance Analyst: Budgets, Revenue & WIP

Altasciences; Clayton (MO); On-site; USD 60,000 - 85,000; Full time

Job summary

Altasciences is seeking a Project Finance Analyst I to provide financial support and direction on assigned projects, ensuring project financials are monitored to maximize profitability and cash flow.

The role involves loading budgets, billing, and revenue schedules into our financial management systems, reconciling figures against contracts, and preparing monthly variance analyses. Strong MS Office and analytical skills required.

Qualifications

• Technical reading comprehension
• Public speaking
• Prioritization
• Discretion
• Self-motivation
• French language (optional)
• Multitasking / prioritization
• Strong integrity and discretion in handling confidential information
• Ability to read and interpret technical documents and industry specific manuals
• Ability to speak effectively before groups of customers or employees of the organization

Responsibilities

• Load project budgets to financial management systems.
• Review, reconcile, and approve loaded project budgets to ensure accuracy / tie-out against contracted values.
• Load billing schedules to financial management systems.
• Review, reconcile, and approve loaded project billing schedule to ensure accuracy / tie-out against contracted values and compliance to negotiated contract terms.
• Load revenue schedules to financial management systems.
• Review, reconcile, and approve loaded project revenue schedules to ensure accuracy / tie-out against contracted values and compliance to negotiated contract terms.
• Record revenue recognition within financial management system for milestone, spread even, usage-based units and billable project transactions within the month-end close deadline.
• Prepares project level actual versus budget/forecast variance analysis monthly as well as monthly reports for distribution in analyzing monthly results.
• Conduct monthly review and analysis of assigned projects, including review of revenue recognition, project performance variances, and WIP/Deferred revenue positions.
• Perform project level WIP/Deferred revenue reconciliations as required.
• Monitor WIP/Deferred revenue, over the Limit and Contract activation reports, and resolve/escalate unusual activity.
• Prepare monthly reporting requirements for assigned projects, including unsigned contract opportunities, backlog, and other ad-hoc financial analysis as required
• Work with project management to ensure accurate projections taking into consideration changing project timelines, changes in scope and budget to actual comparisons which may require change orders.
• Act as a central contact for the project team for designated project communications, correspondence, and associated documentation.
• Participate in (study) team meetings/Project kick off meetings and interaction with cross functional staff to verify information and/or triage new data issues or prior identified action items.

Job description

Altasciences is seeking a Project Finance Analyst I to provide financial support and direction on assigned projects, ensuring project financials are monitored to maximize profitability and cash flow.

The role involves loading budgets, billing, and revenue schedules into our financial management systems, reconciling figures against contracts, and preparing monthly variance analyses. Strong MS Office and analytical skills required.