Job description

Opportunity

Abt Associates 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 home office project team, the Project Finance Analyst 3 supports the management of the financial and contractual elements of the USAID-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 field staff, home office technical staff and home office support departments, excellent communication and leadership skills, and problem-solving abilities. The role requires an understanding of field office 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.

Key Roles and Responsibilities

• Provide high quality, timely support, and guidance to Project team for assigned 2-4 medium complexity projects in HQ and in the site office according to Project Finance RACI charts and site office segregation of duties matrices:
• 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.

Preferred Qualifications

• Familiarity with Federal and USAID Acquisition Regulations (FARs and AIDARs)
• 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

Minimum Qualifications

Level 3: Bachelor’s Degree + Five years of relevant experience, or Master’s Degree + Three years of relevant experience
Level 4: Bachelor’s Degree + Nine years of relevant experience, or Master’s Degree + Seven years of relevant experience

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 $90,000 to $95,000 for a Level 3, and $100,000 to $105,000 for a Level 4 and may vary by ten percent depending on candidate geographic location. Salary offers are made based on internal equity and market analysis.

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

Job Type: Full-time

Pay: $90,000.00 - $105,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Paid time off
• Parental leave
• Professional development assistance
• Retirement plan
• Tuition reimbursement
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift

Work Location: Remote

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