Financial Analyst
Current• Forecast planned costs throughout contract period of performance. • Provide cost estimates for Task Orders, Option Periods, Travel, and/or ODCs for submittal to the end user customer.• Tracking of monthly costs incurred, forecast costs throughout the entire period of performance, allowable labor/ODC categories, funding records, self-performance percentages, subcontractor blanket purchase orders, etc.• Responsible for the billing of the projects; analyze open billing detail reports and determine if costs are billable and allowable.• Identify financial discrepancies.• Review monthly Project Status Reports.• Review subcontractor and vendor invoices to accept or reject.• Participate in monthly meetings with Operations to review project financial performance, provide records of the financial health of the project(s).• Create and maintain Estimates at Completion for inclusion in revenue recognition.• Create and maintain subcontractor and vendor accruals for inclusion in revenue recognition.• Coordinate the accurate set-up of new projects, to include the appropriate project code designations, project labor categories, account codes, periods of performance.• Provide required documentation to initiate labor corrections/accounts payable reclassifications.• Communicate with Accounts Payable to ensure that subcontractors/vendors are paid timely.• Review of TERs for accuracy prior to submittal to Accounts Payable for payment.• Review contracts, task orders, and modifications for accuracy.• Request financial/administrative modifications as required.• Notify the contract manager when the project option period/task order will reach 75% expended per FAR 52.232-22.• Process Purchase Requisitions for new projects/modification changes.• Review Purchase Orders for accuracy; communicate necessary changes.• Coordinate with HR for new project and new employee set-up (as needed).
