ICONMA · 16 hours ago
Mid-Level Project Budget Analyst
United States
Full-time
Remote
Mid Level
$43.49/hr - $45.13/hr
3+ years expICONMA is a Healthcare Research and Technology company seeking a Mid-Level Project Budget Analyst for their Remote location. The role involves setting up financial project trackers, collaborating with project managers, and ensuring accurate billing and revenue recognition for multiple projects.
Staffing & Recruiting
Responsibilities
Upon receiving a signed Work Order (WO), set up a financial project tracker. This tracker will be used to monitor all financial aspects of the project, including professional fee and pass-through activity, revenues, and key financial milestones
Create a corresponding Sales Order in the financial system to record and track the contractual agreements and financial commitments associated with the project
Develop an initial revenue forecast, including accounting for deferred revenue and pass-through expenses
Collaborate with Project Managers to create Change Orders by thoroughly reviewing existing budgets. Provide informed recommendations based on an analysis of actual project activities and any changes in project scope
Develop billing schedules for Change Orders. These schedules must ensure accurate billing aligned with the project timeline and client agreements
Integrate the revenue forecasts associated with Change Orders into the project trackers. Ensure these updates accurately reflect projected financial outcomes
Amend project trackers and Sales Order budgets to incorporate any executed amendments. Maintain up-to-date and accurate financial records that reflect the latest project scope and budget changes
Generate and submit accurate invoices for over 30 active projects, ensuring that all billable services and expenses are captured in the project tracker and billed in accordance with client agreements and project timelines
Record and recognize revenue for assigned projects using the Accounting and Revenue Management (ARM) system. Ensure compliance with revenue recognition standards and accurate financial reporting
Continuously monitor and compare actual professional fees and pass-through expenses against the budget. Take proactive measures to address any discrepancies to ensure fees and expenses do not exceed the budgeted amounts, maintaining financial control
Actively pursue collections on outstanding invoices by engaging with clients. Address and resolve any inquiries or issues related to submitted invoices to facilitate timely payment and maintain positive client relationships
Prepare and deliver ad-hoc financial reconciliations and accruals as requested by clients. Ensure that these financial reports are accurate, timely, and provide a clear representation of the project's financial status, helping clients make informed decisions
Other duties as assigned by supervisor. These may, on occasion, be unrelated to the position described here
Qualification
Required
Bachelor's degree in Accounting, Finance or another business-related field
3-5 years experience
Experience with financial reporting, accounting and/or bookkeeping, especially in a project management environment
Advanced Excel skills
Excellent written and communication skills
Outstanding attention to detail
Preferred
Experience with project management system a plus
Benefits
Health Benefits
Referral Program
Excellent growth and advancement opportunities
Company
ICONMA
ICONMA: Your Partner in Global Staffing Solutions and Digital Transformation ICONMA is a globally recognized, Woman-Owned staff augmentation and technology consulting firm.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Claudine George
Founder and CEO of ICONMA, LLC
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