Project Controls Analyst IV

Technology Service Corporation; Maryland; Hybrid; USD 120,000 - 150,000; Full time

Benefits offered by this job

401k Plan

Flexible Work Schedules

Tuition Reimbursement

Co-Sponsored Health Plan

Paid Leave

Job summary

Falcata is seeking a Project Controls Analyst IV in the DC Metro region to manage cost baselines, forecasts, and reporting for multiple contracts. The role reports to the Project Controls Lead and collaborates with program managers, subcontractors, and the accounting team.

Ideal candidates have a Bachelor’s degree in Business or related field, 8–10 years in project controls, and an active DoD Secret clearance. Remote options are available for local DC Metro area professionals.

Qualifications

• Bachelor's degree in Business or related field.
• 8–10 years of experience in project controls.
• Active DoD Secret clearance or ability to obtain.
• Experience with CPFF, T&M, FFP contracts.

Responsibilities

• Develop and manage cost baselines and data analyses for contracts.
• Create estimates-to-completion and burn rate analyses.
• Coordinate with subcontractors for monthly forecasts and funding needs.
• Forecast program financials and analyze profitability of milestones.
• Prepare monthly progress reviews and financial reports.

Skills

Verbal/written communication

Analytical thinking

Organizational skills

Microsoft Excel

Education

Bachelor's degree

Tools

Deltek Cost Point

Job description

FALCATA has an immediate requirement for a Project Controls Analyst IV in Arlington, VA or DC Metro area. The candidate will be assigned as a Project Controls Analyst to individual programs and divisions to help ensure that projects are completed on time and within budget. The candidate will report directly to the Project Controls Lead. Remote Working options are available, local to the DC Metro area.

Duties and responsibilities:

• Implement financial policies; develop and manage cost baseline data analysis and report formats in support of customer contracts.
• Develop and maintain estimates-to-completion, estimates-at-completion, and burn rate analyses.
• Coordinate with subcontractors to develop monthly forecasts, financial reporting and funding requirements with contracts and program management teams.
• Forecast financial data for programs, analyze profitability for contractual milestones, tracking of over/under runs of projects, and prepare profit models.
• Participates in the planning, tracking analysis, and reporting on projects of varying contract types, sizes, complexity, and levels of risk, including monthly program reviews.
• Maintain monthly budget vs. actual analysis, creates financial forecasts based upon input from the Program Managers and subcontractors, maintain forecasting reports and identify and communicates any risks such as cost overruns, under spending, vacancy issues etc. to the Operations team.
• Review monthly financial reports for accuracy and to identify potential issues. Research and recommend/take actions to correct issues to include but not limited to: costs charged to a contract where the POP has ended, inaccurate revenue and profit recognition, unapproved workforce charging, etc. Responsible for monthly revenue review and inputs, corrections to the accounting system for time and cost accuracy.
• Responsible for numerous financial reports detailing monthly progress of the project.
• Work independently and contribute to an integrated team through statistical reporting, analysis, and estimates.
• Prepare written and verbal reports to management related to the financial analysis of each contract.
• Work closely with the accounting team to identify and resolve accounts receivable (AR) and accounts payables (AP) issues
• Work closely with the contracts department when new contracts are established, or contract modifications are required
• Must interface with program manager, senior management, company contract employees, as well as other functional areas including DoD contracts, finance, accounts receivable, procurement, and subcontracts management.

Required Qualifications:

• Bachelor's degree in Business or a related field.
• 8-10 years of experience (or an equivalent combination of education and experience) in project controls
• Active DoD Secret clearance or the ability to obtain.
• Experienced in all contract / subcontract types (CPFF, T&M, FFP etc.)
• Advanced skills in Microsoft Excel
• Experience coordinating and managing subcontractor funding.
• Excellent verbal/written communication skills
• Analytical and independent problem-solving skills
• Organizational skills to balance and prioritize work
• Industry experience with DoD contracting

Preferred Qualifications:

• Experience with Deltek Cost Point Accounting System
• Experience with DoD Working Capital Funding
• Experience with annual rate adjustments and contract closeouts.

Falcata Benefits:

Falcata offers a stable work environment, a competitive salary, and a comprehensive benefit package; including 401k Plan, Flexible Work Schedules, Tuition Reimbursement, Co-Sponsored Health Plan, Paid Leave and much more.

Applying to Falcata:

Only those candidates invited for an interview will be contacted. Employment at Falcata is contingent upon the successful completion of a comprehensive background check, security investigation, and a drug screening.

This contractor and subcontractor shall abide by the requirements of 41 CFR 60-1.4(a), 60-300.5(a) and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity, national origin, or for inquiring about, discussing, or disclosing information about compensation. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.
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.