Project Control Analyst II Herndon, VA Posted

Arctic Peak is looking for a Project Control Analyst to work in Herndon, Virginia.

• Provides Project Control Analyst support to the Project Manager for selected projects within the Arctic Peak Organization.

• Assists Project Managers and operation leads in all duties related to financial and performance, planning, tracking, and reporting.

• Initiate, monitor and maintain proper project setup in Deltek Costpoint.

• Processes include project number structure, funding setup, revenue and billing formula setup, project ceilings, labor categories, billing rates, rate sequence, project workforce, etc.

• Procurement / Purchasing and materials management.

• Project Scheduling Support using Primavera.

• Financial Manager:

• Develops project cost/schedule baselines and budgets.

• Monitors project actuals and resolves issues.

• Monitors outstanding project commitments (e.g., travel, subcontracts).

• Develops and routes monthly project financial forecasts/EACs for approval and conducts variance analysis.

• Monitors the project’s burn rate against funding remaining.

• Initiates and routes at risk forms for projects that are required to perform at risk.

• Analyze project reports to identify and resolve issues.

• Performs monthly unbilled analysis.

• Communicates project status and findings to Project and Operations Management monthly at a minimum.

• Month End Close:

• Consistently meets all required deadlines (contract modifications, project setup changes, accruals, at risk approvals).

• Documents project status each month on SharePoint to support Corporate month-end close reviews.

• Proactively monitor project time cards, ensure timecard errors are identified and corrections are processed in timely manner.

• Ensure accuracy of project-related expense reports and ensure timely processing.

• Project A/R and A/P:

• Ensures subcontract/vendor payments are processed and coded correctly and in timely fashion

• Provides customer specific invoice backup

• Reviews and approves draft invoices prior to submission to customer

• Monitors billing and payment status of customer invoices

• Performs monthly accrual calculations

• Assists PM with invoice collection.

• Tracks contractual obligations and deliverables.

• Assists project team with:

• Work authorizations.

• Identifying and analyzing project risk.

• Development and execution of internal and external project reviews.

• Schedules updates, analysis, and reporting.

• Initiating Purchase Requisition s and goods receipts in Deltek Costpoint’s Procurement module.

• Generation and analysis of financial reports.

• Communicating timecard and expense practices for the project.

• Customer invoice review and approval prior to submission.

• Funding notifications to the customer (i.e. 75% letters).

• Maintain project files on SharePoint including Contracts, subcontracts, proposals, budgets & plans, schedules, project review materials, reports, deliverables and invoices.

• 3-5 Years Experience in related field.

• Bachelor’s degree in Accounting or Business preferred.

• MS Excel Proficiency (VLOOKUP / SUMIF formulas, pivot tables, etc.)..

• Experience working with Federal Government contract types (Cost Plus, T&M, FFP, etc).

• Must have solid understanding of EACs, ETCs, unbilled analysis, and core project financial concepts.

• Must be able to obtain a secret clearance.

• Ability to work independently, self-motivated, proactive.

• Track record of delivering well-organized and accurate work.

• Strong written and verbal communication skills.

• Proven ability to work well with accounting, contracts, and project personnel to accomplish tasks.

• This Hybrid position requires that you live within commuting distance from Herndon VA.

• Deltek Costpoint Project Module Proficiency.

• Cognos experience preferred.

• Deltek Time and Expense.

• Experience using and configuring MS SharePoint…