Project Finance Controller

ICF International, Inc Fairfax , VA 22038

Posted 2 months ago

Working at ICF

Working at ICF means applying a passion for meaningful work with intellectual rigor to help solve the leading issues of our day. Smart, compassionate, innovative, committed, ICF employees tackle unprecedented challenges to benefit people, businesses, and governments around the globe. We believe in collaboration, mutual respect, open communication, and opportunity for growth. If you're seeking to make a difference in the world, visit to find your next career. ICFtogether for tomorrow.

Do you have a knack for finance?

ICF is seeking a Project Finance Controller to work in our Health, Environment, Resilience & Social (HEARS) Group. The Project Finance Controller oversees the finances for various types of contracts and is integral to effective financial reporting at ICF.

Key Responsibilities:

  • Serve as the primary point of contact for the Project Manager on all direct project related financial tasks.

  • Analyze all direct project costs/fee/revenue data; monitor project budgets and progress; and share results with Program Managers to ensure projects achieve financial expectations.

  • Review and complete timely and accurate project monthly revenue recognition procedures, in accordance with GAAP and ICF policies.

  • Prepare and effectively review project-based forecasting, including Estimate-At-Complete (EAC)/Estimate-To-Complete (ETC) analyses.

  • Set-up projects with different contract types (Cost-Plus, T&M, and Fixed-Price) including proper billing and revenue terms. Ensure that project set-ups and modifications are entered into Deltek Costpoint in accordance with ICF's internal SOX policies and procedures.

  • Maintain Deltek Costpoint project information (i.e. contract /funding values, period of performance, line of business, project labor categories, etc.).

  • Ensure timely invoice processing. Work with assigned billing specialist; review and approve client invoices; follow up on collections; and analyze and understand unbilled WIP.

  • Manage project subcontractor invoices, including subcontractor invoice approval; invoice write-up and submission to Accounts Payable; and maintenance of subcontractor financial data for semi-annual subcontractor reporting (SF 294).

  • Prepare project work plan / task order budgets as needed.

  • Maintain project forecasts to assist the project team with effective financial planning.

  • Prepare and submit project monthly progress reports /other reports as required.

  • Interact with other departments, such as Contracts, Pricing, Accounting, Project Management, and Business Unit Leads regarding project related issues.

  • Maintain open communication with direct management regarding financial results and ensure Project Managers and other senior personnel are aware of risks and opportunities identified during project financial tracking, revenue review, A/R, WIP, etc.

  • Review and monitor project funding and expenditures for contract 75% Limitation of Funds notification.

  • Prepare and provide necessary financial information (i.e., fee retention, final invoice review) and other related financial information/documentation to the ICF closeout department.


  • Experience with Deltek Costpoint.

  • Bachelor's degree in Accounting/Finance, Business or related discipline, or equivalent experience in a related field.

  • 2+ years' experience in government contracting environment.

  • Comprehensive knowledge of service type cost reimbursable, fixed price and commercial contracts.

  • Ability to interface with both clients and company management.

  • Experience maintaining financial records

  • Experience using Microsoft office applications

ICF offers an excellent benefits package, an award winning talent development program, and fosters a highly skilled, energized and empowered workforce.

ICF is an equal opportunity employer that values diversity at all levels. (EOE Minorities/Females/ Protected Veterans Status/Disability Status/Sexual Orientation/Gender Identity)

Reasonable Accommodations are available for disabled veterans and applicants with disabilities in all phases of the application and employment process. To request an accommodation please email and we will be happy to assist. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

Read more about non-discrimination: EEO is the law and Pay Transparency Statement

Fairfax, VA (VA01)

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Project Finance Controller

ICF International, Inc