Project Finance Controller (Hybrid- Reston, VA)

Reston, VA - USA

Monthly Salary: $ 73403 - 124784

Posted on: 10 hours ago

Vacancies: 1 Vacancy

Job Summary

We are looking for a Project Finance Controller to join our Energy Environment & Infrastructure (EEI) group. You will be involved in project setup budgeting forecasting revenue recognition variance analysis reporting and have the opportunity to interface with operations and senior management to share financial results and identify future expectations.

This is a hybrid position based in our Reston VA office.

What You Will Do:

Execute contracts from cradle to grave including reviewing executed contracts and pulling out the necessary information to setup and manage a project set-up projects with multiple contract types e.g. Cost-Plus T&M Fixed-Price including proper billing and revenue recognition. Ensure the project set-ups and modifications are entered into Deltek Costpoint in accordance with ICFs internal SOX policies and procedures.
Maintain Deltek Costpoint project information i.e. contract /funding values period of performance line of business project labor categories etc.
Review and complete timely and accurate project monthly revenue recognition procedures in accordance with GAAP and ICF policies.
Analyze all direct project costs/fee/revenue data; monitor project budgets and progress; and share results with Program Managers to ensure projects achieve financial expectations.
Ensure timely invoice processing. Work with assigned billing specialist; review and approve client invoices; follow up on collections; and analyze and understand unbilled WIP.
Prepare and effectively review Estimate-At-Complete (EAC)
Manage project subcontractor invoices including subcontractor invoice approval; processing and submission to Accounts Payable; and maintenance of subcontractor financial data for semi-annual subcontractor reporting (SF 294).
Prepare and submit project monthly progress reports /other reports as required.
Interact with other departments such as Contracts Procurement Accounting Project Management and Business Unit Leads regarding project related issues.
Maintain open communication with direct management regarding financial results and ensure Project Managers and other senior personnel are aware of risks and opportunities identified during project financial tracking revenue review A/R WIP etc.
Review and monitor project funding and expenditures for contract 75% Limitation of Funds notification.
Prepare and provide necessary financial information (i.e. fee retention final invoice review) and other related financial information/documentation to the ICF closeout department.
Assist with reviewing and updating project forecasting files.
Assist with the mentoring and training of junior team members.

What You Will Bring With You:

2 years of experience in a Finance/Accounting role in a government and/or commercial contracting environment.
1 year of experience with service type T&M and/or fixed priced contracts.
1 year of experience with Deltek Costpoint and Cognos reports.
1 year of experience using M365 applications including Excel e.g. VLOOKUP Pivot Tables etc.

What We Would Like You To Bring With You:

Bachelors degree in Accounting/Finance Business or related discipline or equivalent experience in a related field.

Professional Skills:

Highly effective analytical problem-solving and decision-making capabilities.
Excellent communication and interpersonal skills to interface effectively at all levels of the business.
Organized detailed oriented and able to prioritize and multi-task.

Working at ICF

ICF is a global advisory and technology services provider but were not your typical consultants. We combine unmatched expertise with cutting-edge technology to help clients solve their most complex challenges navigate change and shape the future.

We can only solve the worlds toughest challenges by building a workplace that allows everyone to thrive. We are an equal opportunity employer.Together our employees are empowered to share theirexpertiseand collaborate with others to achieve personal and professional goals. For more information please read ourEEOpolicy.

We will consider for employment qualified applicants with arrest and conviction records.

Reasonable Accommodations are available including but not limited to for disabled veterans individuals with disabilities and individuals withsincerely heldreligious beliefs in all phases of the application and employment process. To requestan accommodationplease emailand we will be happy toassist. All information you provide will be kept confidential and will be used only to the extentto provide needed reasonable accommodations.

Candidate AI Usage Policy

At ICF we are committed to ensuring a fair interview process for all candidates based on their own skills and knowledge. As part of this commitment the use of artificial intelligence (AI) tools to generate orassistwith responses during interviews (whether in-person or virtual) is notpermitted. This policy is in place tomaintainthe integrity and authenticity of the interview process.

However we understand that some candidates may require accommodationthat involves the use of AI. Ifsuch anaccommodation is needed candidates are instructed to contact us in advance at. Weare dedicated to providingthe necessary support to ensure that all candidates have an equal opportunity to succeed.

Pay Range - There are multiple factors that are considered in determining final pay for a position including but not limited to relevant work experience skills certifications and competencies that align to the specified role geographic location education and certifications as well as contract provisions regarding labor categories that are specific to the position.

The pay range for this position based on full-time employment is:

$73403.00 - $124784.00

Reston VA (VA30)

We are looking for a Project Finance Controller to join our Energy Environment & Infrastructure (EEI) group. You will be involved in project setup budgeting forecasting revenue recognition variance analysis reporting and have the opportunity to interface with operations and senior management to shar...

This is a hybrid position based in our Reston VA office.

What You Will Do:

Execute contracts from cradle to grave including reviewing executed contracts and pulling out the necessary information to setup and manage a project set-up projects with multiple contract types e.g. Cost-Plus T&M Fixed-Price including proper billing and revenue recognition. Ensure the project set-ups and modifications are entered into Deltek Costpoint in accordance with ICFs internal SOX policies and procedures.
Maintain Deltek Costpoint project information i.e. contract /funding values period of performance line of business project labor categories etc.
Review and complete timely and accurate project monthly revenue recognition procedures in accordance with GAAP and ICF policies.
Analyze all direct project costs/fee/revenue data; monitor project budgets and progress; and share results with Program Managers to ensure projects achieve financial expectations.
Ensure timely invoice processing. Work with assigned billing specialist; review and approve client invoices; follow up on collections; and analyze and understand unbilled WIP.
Prepare and effectively review Estimate-At-Complete (EAC)
Manage project subcontractor invoices including subcontractor invoice approval; processing and submission to Accounts Payable; and maintenance of subcontractor financial data for semi-annual subcontractor reporting (SF 294).
Prepare and submit project monthly progress reports /other reports as required.
Interact with other departments such as Contracts Procurement Accounting Project Management and Business Unit Leads regarding project related issues.
Maintain open communication with direct management regarding financial results and ensure Project Managers and other senior personnel are aware of risks and opportunities identified during project financial tracking revenue review A/R WIP etc.
Review and monitor project funding and expenditures for contract 75% Limitation of Funds notification.
Prepare and provide necessary financial information (i.e. fee retention final invoice review) and other related financial information/documentation to the ICF closeout department.
Assist with reviewing and updating project forecasting files.
Assist with the mentoring and training of junior team members.

What You Will Bring With You:

2 years of experience in a Finance/Accounting role in a government and/or commercial contracting environment.
1 year of experience with service type T&M and/or fixed priced contracts.
1 year of experience with Deltek Costpoint and Cognos reports.
1 year of experience using M365 applications including Excel e.g. VLOOKUP Pivot Tables etc.

What We Would Like You To Bring With You:

Bachelors degree in Accounting/Finance Business or related discipline or equivalent experience in a related field.

Professional Skills:

Highly effective analytical problem-solving and decision-making capabilities.
Excellent communication and interpersonal skills to interface effectively at all levels of the business.
Organized detailed oriented and able to prioritize and multi-task.

Working at ICF

We will consider for employment qualified applicants with arrest and conviction records.

Candidate AI Usage Policy

The pay range for this position based on full-time employment is:

$73403.00 - $124784.00

Reston VA (VA30)

Key Skills

Project Portfolio Management
Primavera
Forecasting
PMBOK
Primavera P6
SAP
Accounting
Cost Control
SAP BW 4HANA
Project Planning
Microsoft Project
Contracts

Apply Now

About Company

ICF

About ICF: The Integral Coach Factory is one of the earliest production units of independent India. It was inaugurated by the first Prime Minister of India Pt. Jawaharlal Nehru on 2nd October, 1955. Later the Furnishing Division was inaugurated on 2nd October, 1962 and the production ... View more

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