Project Financial Advisor

The Project Financial Advisor (PFA) acts as a trusted finance partner to project delivery teams, ensuring alignment of financial outcomes with enterprise objectives. The role spans the entire project lifecycle across project budget setup review, revenue recognition, and timeline project financial reviews, by delivering disciplined financial stewardship and analysis. PFAs advise on profitability monitoring, working capital management for projects and compliance while contributing to sound decision-making and risk identification across a portfolio of medium to high-complexity projects and acting as a SME or escalation point on simpler or recurring matters.

Financial Partnering and Project Support

• Contribute to the sound financial management of projects by working as an active financial partner to Project Managers, ensuring adherence to contractual obligations and financial terms
• Provide guidance on initial project setup, including Work Breakdown Structure (WBS) development, budgeting, rate selection, and pricing tool development inputs
• Advise on project financial planning and risk identification
• Support the review of category rates and labor structures to help maintain project recoverability and financial performance
• Review labor structures (e.g., non-billable time, cap rates, and labor breakage) to identify and flag areas for rate optimization and margin improvement
• Advise on project funding, billing methods, and rates for assigned projects
• Identify and communicate margin-related observations and cost-to-serve considerations to support financial performance

• Support the assessment of financial impact of subcontracts to ensure alignment with prime contract and profitability objectives

  Financial aspects of Contract Execution, Structure & Policy Compliance

• Monitor execution of customer contracts for financial nuances (fee type, caps, retentions, deliverable-based triggers i.e., scheduled billing, milestones, CPFF [Cost-Plus-Fixed-Fee])
• Review and validate project structure in Project Portfolio Management (PPM): WBS, funding, billing methods, rates, tax, revenue method, and project/contract master data
• Ensure compliance with financial policies, delegations of authority, and revenue recognition standards

• Coordinate and review Disadvantaged Business Enterprise (DBE)/ Women Business Enterprise (WBE)/ all business enterprise categories (XBE) reporting requirements [US and CA-specific, different terminology in the UK&I, confirm regional application/terminology]

  Forecasting, Planning & Financial Alignment

• Perform margin impact and financial impact calculations and provide support in identifying reasons for variability in project margins
• Monitor the project-level forecast cycle for assigned projects, ensuring accuracy, timeliness, and alignment with FP&A targets
• Review project budgets and forecasts to support the Project Manager in validating assumptions and financial accuracy
• Monitor mitigation action plans as directed by the Project Manager and report progress to the PFA Manager
• Perform revenue accruals, whenever required, throughout project delivery; advise on other financial adjustments

• Manage sub-contracting activities including requisition and Purchase Order (PO) creation (in alignment with Procurement), supplier/subcontractor invoice processing, and partner with PFO Managers on Accounts Payable (AP) payment requests

  Project/Portfolio Performance Management

• Contribute to project performance reviews through analyses and commentary on relevant financial indicators (e.g., forecast accuracy, working capital, revenue recognition, change control)
• Review key measures and financial tracking, including client-specific reporting requests
• Monitor performance against Key Performance Indicators (KPIs) and flag variances promptly to Finance Business Partners with recommended corrective actions
• Participate in review meetings with Project Managers; deliver actionable insights on key performance drivers, risks, and required decisions
• Investigate recurring financial variances and elevate findings with observations to the PFA Manager
• Validate proper contract setup controls to ensure revenue recognition in-line with company policies
• Support active monitoring of Work at Risk (WAR), including tracking, business impact assessment, reporting, and follow-up to support timely contract execution and compliance

• Provide guidance to Project Managers (PMs) on project closeout in cases where specific contractual requirements apply (e.g., retainage, final…