Project Financial Control Analyst

Founded in 2003, IT Concepts' core values - customer-centricity, teamwork, driven to deliver, innovation, and integrity - ensure we work together to be the best, realize objectives, and make a positive impact in our communities. We intentionally created and sustain our ITC culture that embraces change, experimentation, continuous learning, and improvement. We bring our design thinking problem-solving approach that challenges assumptions, prioritizes curiosity, and invites complexity to deliver innovative, efficient, and effective solutions. As we continue to grow in the support of our government customers, we are looking for driven and innovative individuals to join our team.

IT Concepts is looking for an experienced Project Control Analyst who works as part of the Finance Team supporting the Delivery and Finance organizations and is responsible for managing financial operations including: project/program budgeting, financial reporting, variance and profitability analysis; and disseminating best practices within these spheres. The Project Control Analyst focuses on improving efficiencies in financial operations by working closely with the Senior Finance Manager, Directors, and Program and Project Managers (PMs) to promote a culture of profitability improvement at all levels of the company.

Responsibilities:

• Review and understand contract terms and conditions (multiple contract types to include T&M, FFP, FFP LOE, CPFF, & CPIF) & ensure compliance with financial clauses and contractual requirements throughout project implementation.

• Responsible for the project set-up and maintenance of billable contracts in the accounting system (Unanet ERP).

• Prepare required cost and CDRL reporting (e.g. EVMS, 75% cost incurred status reports, MSRs, etc.).

• Create and maintain forecasts and budgets (for FFP, CPFF, and T&M contracts) to meet contractual project requirements for customers, as well as for internal reporting requirements.

• Monitor and prepare reports on cost, profitability, and schedule variances to assist business operations in keeping projects on schedule and on budget.

• Lead pricing efforts for assigned programs/contracts.

• Identify and track opportunities and risks in programs.

• Review/approve funding for purchase requisitions on direct contracts.

• Track subcontract cost & schedule status, material receipts, and open commitments.

• Identify and process advanced spending/at-risk approvals.

• Support accounts receivable as required during the monthly billing process.

• Responsible for timely and accurate invoice processing.

• Monitor AR/Unbilled (retainage, award fee, etc.).

• Interact with Contracts, Pricing, Accounting, Project Managers, and Program Control Managers regarding project-related issues.

• Create ad hoc reports for project managers for different projects using UNANET and Excel.

• Prepare reports of travel expense estimates in accordance with the FAR and Federal Travel Regulations (FTR) for invoicing pre-approval to government clients.