Tyonek Native Corp · 3 days ago
Project Finance Analyst IV
Tyonek Native Corporation is seeking a Project Finance Analyst IV who will ensure projects are accounted for in compliance with GAAP and company policies. The role involves significant interaction with various teams to analyze project finances, provide insights, and ensure compliance with regulations.
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Responsibilities
Ensure projects' revenue recognition method is compliant with GAAP and company policies
Analyze project revenue, cost, profit, billings, accounts receivable balances, unbilled accounts receivable, indirect rates charged to projects, PO project commitments, cost charging to ensure actuals are consistent with expectations
Analyze actuals versus budgets to identify variances and recommend corrective actions to ensure performance meets expectations
Advise program managers on project charge code set up to ensure compliance with contractual, accounting, and company requirements
Establish project finance performance (cost, profit, accounts receivable, etc.) visibility weekly and monthly and provide to enable the project team to implement corrective actions
Train/mentor Project Control Analysts on compliant project finance methods/processes
Prepare monthly, quarterly and fiscal year project budgets to include revenue, cost and profit
Prepare monthly contract accruals
Interface with Program Management, Corporate Office, Customer's Business Office and Procurement
Prepare cost presentations and participate in monthly and quarterly budget reviews with management
Assist in preparation of subcontractor and intercompany contract agreements and financial reporting
Research and analyze historical data and develop cost models to support proposal efforts
Participate in should-cost and pricing reviews with management and customer representatives
Monitor, review, and validate project status and invoices and ensure timely accurate updating of projects
Deliver understandable project trends and issues to the project team and management
Work with project team to proactively identify issues affecting project results and profitability
Enter budgets and necessary project information into the financial accounting system to allow for accurate project coding, invoicing, and accounting
Respond to project manager, business development, or other customer request for project information
Develop payment schedules to maintain positive project cash flow
Review contracts and payment language to assure accuracy of contracts
Provide financial audit support
Other duties as assigned
Qualification
Required
Bachelor's degree in Accounting, Finance, or similar
Requires 8+ years of direct experience in the defense contractor industry
Must have a thorough understanding and 8 years' experience determining revenue recognition methods compliant with GAAP for FFP and Cost Type projects
Must have 8 years' experience developing project revenue, cost, and profit budgets
Must have 8 years' experience developing and analyzing project Estimates At Complete and working with project managers to develop corrective actions
Must have 8 years' experience working with accounting during month end close to ensure projects' month end closing profit is consistent with EACs and/or contracted profit
Must have 8 years' experience analyzing project revenue, cost, profit, billings, accounts receivable balances, unbilled accounts receivable, indirect rates charged to projects, PO project commitments, cost charging to ensure actuals are consistent with expectations and recommending corrective actions
Must have 8 years' experience determining monthly cost accruals for month end close for both inter-company and customer contracts
Must have a subject matter expert knowledge level for setting up projects consistent with contract requirements, GAAP, CAS and company policies
Experience with Cost Point and COGNOS
Very familiar with FAR Contract structure and clauses
Experience working on DoD proposals and contracts (SCA, Cost Plus, Firm Fixed Price, Time & Material, etc.)
Must be proficient with all Microsoft Office tools
Analytical, communication and presentation skills needed as well as the ability to operate independently and as a strong member of a team
We maintain a drug-free workplace and perform post offer, pre-employment substance abuse testing
Company
Tyonek Native Corp
Tyonek Native Corporation, an Alaska Native Corporation formed under the Alaska Native Claims Settlement Act (ANCSA) in 1971.
Funding
Current Stage
Growth StageRecent News
Alaska Business Magazine
2024-02-19
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