Abt Associates Senior Project Finance Analyst in Rockville, Maryland
Abt Associates seeks a qualified Senior Project Finance Analyst to support the project teams at our office in Rockville, MD. Under the direction of the Project Finance Manager and alongside the home office project team, the Senior Project Finance Analyst supports the management of the financial and contractual elements of the USAID-funded projects in collaboration with other departments/functional support areas including Contracts and Procurement, HR, and corporate/division finance. This position requires strong communication skills with respect to breaking down and explaining financial risks/implications of project management decisions.
This position requires significant interaction and coordination between field staff, home office technical staff and home office support departments, excellent communication and leadership skills, and problem-solving abilities. The role requires an understanding of field office challenges and project goals and objectives, a strong desire to analyze, investigate, and resolve issues, ability to collaborate and lead through others, and a focus on continuous improvement.
Key Roles and Responsibilities
Provide high quality, timely support , and guidance to Project team for assigned 2-5 medium-to-complex projects in HQ and in the site office according to Project Finance RACI charts and site office segregation of duties matrices:
Attend regular meetings with project team,
Understand and be interested in project in general, not only the finances,
Perform timely monthly budget tracking and analysis aligned with project needs, review, validate and report project actual costs incurred for labor, expense and travel,
Prepare and manage project specific deliverables related to financial or contractual requirements (such as invoicing, supporting back-up data, limitation of funds communications, etc.)
Collaborate with Portfolio Manager/ Project Director to build appropriate work breakdown structure to comply with client requirements and allow for accurate time charging and financial projections.
Perform timely subcontractor monitoring, as well as vendor invoice review in alignment with forecasts and workplans,
Compile documentation requested for client reviews/ audits,
Other project financial needs.
Provide high quality support and guidance to F&A managers and site teams:
Timely and accurate ROV review in compliance with client requirements and Abt policies and procedures,
Continuous communication with F&A manager, proper issue tracking and correction
Provide guidance and site team capacity building based on discovered issues.
Take ownership for all finance-related tasks for assigned projects and ensure timeliness and high-quality on all project finance deliverables with minimal guidance from direct supervisor/PFM:
Periodic Estimate at Completion (EAC) and Variable Consideration (VC) reports
Quarterly Forecast, annual planning
Monthly Variance explanation
Other company-level project deliverables
Develop workplan budgets and budget modifications for project teams that align to contractual requirements, proposal, and project WBS; Work with Portfolio Manager and Project Finance Manager to adjust as appropriate.
Comply with company, client, local and other legal requirements, and regulations,
Initiate purchase requisitions in Oracle in support of project services and material purchase needs
Work with procurement team to review vendor and consultant agreements to validate funding and contract type are appropriate based on prime contract including subcontracts and materials purchases.
Preferred Skills / Prerequisites
Familiarity with Federal and USAID Acquisition Regulations (FARs and AIDARs)
Extensive knowledge of Excel spreadsheet programs
Strong analytical and computer skills, ability to handle multiple tasks efficiently, and familiarity with current Internet resources.
Excellent inter-personal, communication and organizational skills
Excellent written and communication skills
Good management and planning skills of project tasks
French language speaking skills desirable/ not required.
Bachelor’s Degree + Nine years of relevant experience, or Master’s Degree + Seven years of relevant experience, or PhD + Four years of relevant experience
Abt Associates is an Affirmative Action/Equal Opportunity employer committed to fostering a diverse workforce. Abt Associates provides market-competitive salaries and comprehensive employee benefits. Local candidates strongly encouraged to apply.
Disclaimer: Abt Associates will never ask candidates for money in exchange for an offer of employment. #LI-CO1
Abt Associates is a mission-driven, global leader in research and program implementation in the fields of health, social and environmental policy, and international development. Known for its rigorous approach to solving complex challenges, Abt Associates is regularly ranked as one of the top global research firms and one of the international development innovators. The company has multiple offices in the U.S. and program offices in more than 40 countries.
At Abt Associates, we are committed to creating a lasting culture of equity, diversity and inclusion and recognize that in order to achieve full participation, our practices must be free of prejudice, discrimination, and bias that result in inequitable outcomes. We are actively working to advance equity for everyone, and while we still have much work to do, we know that racial and cultural diversity are an asset to our business and the communities where we live and serve. Our ongoing commitment is focused on creating business practices that advance racial and social equity, investments in community impact programs for the benefit of Black, Indigenous, and people of color (BIPOC), and expand upon project work related to racial equity and social justice.