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Project Finance Controller
Project Finance Controller –
ICF is seeking a junior to mid-level Project Finance Controller to work in our Disaster Management Division. The Project Finance Controller oversees the finances for various types of contracts and is integral to effective financial reporting at ICF. This position is hybrid and will report directly to a Project Finance Control Manager.
• Set-up projects with different contract types (Cost-Plus, T&M, Fixed-Price) including proper billing and revenue terms. Ensure that project set-ups and modifications are entered into Deltek Costpoint in accordance with ICF’s internal policies and procedures.
• Work closely with accounting staff to ensure reconciliation of accounts, respond to questions and serve as liaison between home and field offices in matters related to field office financial reporting.
• 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) and Estimate-To-Complete (ETC) analyses.
• Manage project subcontractor forecast and invoices, including subcontractor invoice approval; invoice write-up and submission to Accounts Payable; and maintenance of subcontractor financial data for semi-annual subcontractor reporting (SF 294).
• Prepare project work plan / task order budgets as needed.
• Maintain project forecasts to assist the project team with effective financial planning.
• Prepare and submit project monthly progress reports /other reports as required.
• Interact with other departments, such as Contracts, Pricing, 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.
• Assist in preparing for end of the year close and internal audits.• Prepare and provide necessary financial information (i.e., fee retention, final invoice review) and other related financial information/documentation to the ICF closeout department.
• Bachelor’s degree in Accounting/Finance, Business or related discipline, or 4+ years equivalent experience in a related field.
• 2+ years’ experience in Finance/Project Control in a government and/or commercial contracting environment.
• 2+ years’ experience using MS Office applications, including Advanced Excel (VLookups, Pivot Tables, etc)• 2+ years’ experience with service type fixed price and commercial contracts.
Preferred Skills:• TM1 experience highly desirable
Working at ICF
Working at ICF means applying a passion for meaningful work with intellectual rigor to help solve the leading issues of our day. Smart, compassionate, innovative, committed, ICF employees tackle unprecedented challenges to benefit people, businesses, and governments around the globe. We believe in collaboration, mutual respect, open communication, and opportunity for growth.
We can only solve the world's toughest challenges by building an inclusive workplace that allows everyone to thrive. We are an equal opportunity employer, committed to hiring regardless of any protected characteristic, such as race, ethnicity, national origin, color, sex, gender identity/expression, sexual orientation, religion, age, disability status, or military/veteran status. Together, our employees are empowered to share their expertise and collaborate with others to achieve personal and professional goals. For more information, please read our EEO & AA policy.
Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation please email firstname.lastname@example.org and we will be happy to assist. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. Read more about non-discrimination: EEO is the law and Pay Transparency Statement.
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 is:
$64,372.00 - $109,432.00
Reston, VA (VA30)