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Project Controls Analyst IV

Remote / Online - Candidates ideally in
Suffolk, Virginia, 23432, USA
Listing for: Technology Service Corporation Defense Services
Full Time, Remote/Work from Home position
Listed on 2026-10-30
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting, Financial Compliance
  • Business
    Financial Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 120000 - 160000 USD Yearly USD 120000.00 160000.00 YEAR
Job Description & How to Apply Below

FALCATA has an immediate requirement for a Project Controls Analyst IV in Arlington, VA or DC Metro area. The candidate will be assigned as a Project Controls Analyst to individual programs and divisions to help ensure that projects are completed on time and within budget. The candidate will report directly to the Project Controls Lead. Remote Working options are available, local to the DC Metro area.

Duties and responsibilities:
  • Implement financial policies; develop and manage cost baseline data analysis and report formats in support of customer contracts.
  • Develop and maintain estimates-to-completion, estimates-at-completion, and burn rate analyses.
  • Coordinate with subcontractors to develop monthly forecasts, financial reporting and funding requirements with contracts and program management teams.
  • Forecast financial data for programs, analyze profitability for contractual milestones, tracking of over/under runs of projects, and prepare profit models.
  • Participates in the planning, tracking analysis, and reporting on projects of varying contract types, sizes, complexity, and levels of risk, including monthly program reviews.
  • Maintain monthly budget vs. actual analysis, creates financial forecasts based upon input from the Program Managers and subcontractors, maintain forecasting reports and identify and communicates any risks such as cost overruns, under spending, vacancy issues etc. to the Operations team.
  • Review monthly financial reports for accuracy and to identify potential issues. Research and recommend/take actions to correct issues to include but not limited to: costs charged to a contract where the POP has ended, inaccurate revenue and profit recognition, unapproved workforce charging, etc. Responsible for monthly revenue review and inputs, corrections to the accounting system for time and cost accuracy.
  • Responsible for numerous financial reports detailing monthly progress of the project.
  • Work independently and contribute to an integrated team through statistical reporting, analysis, and estimates.
  • Prepare written and verbal reports to management related to the financial analysis of each contract.
  • Work closely with the accounting team to identify and resolve accounts receivable (AR) and accounts payables (AP) issues
  • Work closely with the contracts department when new contracts are established, or contract modifications are required
  • Must interface with program manager, senior management, company contract employees, as well as other functional areas including DoD contracts, finance, accounts receivable, procurement, and subcontracts management.
Required Qualifications:
  • Bachelor's degree in Business or a related field.
  • 8-10 years of experience (or an equivalent combination of education and experience) in project controls
  • Active DoD Secret clearance or the ability to obtain.
  • Experienced in all contract / subcontract types (CPFF, T&M, FFP etc.)
  • Advanced skills in Microsoft Excel
  • Experience coordinating and managing subcontractor funding.
  • Excellent verbal/written communication skills
  • Analytical and independent problem-solving skills
  • Organizational skills to balance and prioritize work
  • Industry experience with DoD contracting
Preferred Qualifications:
  • Experience with Deltek Cost Point Accounting System
  • Experience with DoD Working Capital Funding
  • Experience with annual rate adjustments and contract closeouts.
Falcata Benefits:

Falcata offers a stable work environment, a competitive salary, and a comprehensive benefit package; including 401k Plan, Flexible Work Schedules, Tuition Reimbursement, Co-Sponsored Health Plan, Paid Leave and much more.

Applying to Falcata:

Only those candidates invited for an interview will be contacted. Employment at Falcata is contingent upon the successful completion of a comprehensive…

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