Project Analyst

Scientific Research Corporation

  • Atlanta, GA
  • $62,550 per year
  • Permanent
  • Full-time
  • 2 months ago
Description:This position can also sit in Huntsville, AL or Charleston, SC
  • Providing professional compliance, support, and analysis in the areas of revenue recognition, financial contract setup, and contract compliance
  • Reading and interpreting awarded contracts/task orders to ensure correctness of the proposed project ERP system setup:
  • Conforming to the contract funding requirements, including, Contract Line-Item Number (CLIN), Subline Item Number (SLIN), Accounting Classification Reference Number (ACRN) requirements
  • Conforming to fee recognition requirements related to CPFF, CP-labor rate per hour, CP-LOE, TM, FFP, and/or FP-LOE contract types
  • A contract award wherein multiple contract fee recognition requirements exist
  • Properly reflects the contract/FAR fee Withholding requirements and limitations
  • Identifying and excludes costs from the fee calculation where fee is not permissible per the contract
  • Identifying and excludes from the customer billing, costs that are specified as unbillable per the contract
  • Conforming to the contract’s indirect rate parameters, including Company or Customer Site Overhead rate application(s)
  • Identifying contractual issues that may impact SRC’s ability to bill for delivered goods and services
  • Ensuring that the proposed project ERP system setup results in proper revenue recognition. Identifies contractual items that may require special GAAP revenue treatment
  • Performing project setup and setup revision activities in the ERP system, including:
  • Project cost approval permissions (Project Manager, Task Manager, Alternate Approver)
  • Project report access permissions
  • Revenue formulas
  • Project funding
  • Ensuring that contractual setup aligns with contractual Billing requirements
  • Periods of performance
  • Job Card setup (including Work Breakdown Structures)
  • Labor Resources
  • Including labor categories and labor class code
  • Including WBS access for Time recoding/charging
  • Labor Resources prices (when applicable)
  • Teams with program management on amounts and expected billing dates for FFP-Milestone (FFP-MS) Jobs, creates billing planning lines in NAV
  • Incorporates contractual changes, including funding modifications, into the ERP system
  • Distribute funding profiles to the appropriate WBS
  • Reconciles distributed funding and contractual funding
  • Processes Job Setup Workbook updates
  • Performing monthly review of revenue
  • Collaborating with the Contracts, Project Management, Procurement, Billing, and other departments to resolve contractual and financial related issues
  • Reviewing and approving program submitted cost correction entries, ensuring entries are permissible under the contract
  • Teams with project management to ensure risk account forms are properly and timely executed
  • Preparing and completing multiple monthly analysis reports, ensuring accuracy and adherence to reporting deadlines
  • Performing project level analysis on unbilled AR and WIP accounts
  • Working with program management and vendor to complete accurate year-end accruals
  • Preparing/reviewing contract de-obligation requests, and ensure that the requests adhere to the contract
  • Providing training to Project Administrators. Encourages best practices to the Project Administrator group
  • Supporting the annual financial statement audit, ensures that the auditors understand SRC approach to revenue on selected/audited Jobs
  • Supporting DCAA audits, including walkthroughs of costs incurred for audited Jobs
  • Contributing to the creation of policies and/or procedures to ensure compliance, and identifies policy and/or procedure improvements. Partners with management to implement new policies and/or procedures
  • Participating in the annual review of applicable policies and procedures
  • Supporting DCAA audits, including walkthroughs of costs incurred for audited Jobs
  • Providing training to Project Administrators. Encourages best practices to the Project Administrator group
  • Performing miscellaneous analyses and reconciliations, and other duties and responsibilities as assigned
#LI-DH1 Requirements:
  • Prefer a Bachelor’s degree in a relevant technical discipline and 2-5 years of work experience with US government contracts
  • Ability to analyze and interpret contracts
  • Exposure to GAAP revenue recognition
  • Experience with ERP processes and applications
  • Strong analytical, problem-solving, project management and planning skills
  • Ability to work under pressure while meeting both inflexible and shifting deadlines
  • Significant attention to detail in the maintenance of spreadsheets, databases and communications
  • Superior communication skills and demonstrated ability to partner with non-finance disciplines
  • Strong business acumen and ability to respond to requests for information in a courteous and timely manner
  • Proficient in Microsoft Excel, Word and PowerPoint
Desired Skills:
  • Experience with Microsoft Dynamics NAV Enterprise Resource Planning (ERP)
  • Knowledge of WBS (Work Breakdown Structure)
  • Experience with Microsoft SharePoint
  • Understanding of governmental regulations and reporting requirements
Clearance Information:NO CLEARANCE REQUIREDTravel Requirements:
  • Less than 10%
About Us:Scientific Research Corporation is an advanced information technology and engineering company that provides innovative products and services to government and private industry, as well as independent institutions. At the core of our capabilities is a seasoned team of highly skilled engineers and scientists with multidisciplinary backgrounds. This team is challenged daily to provide cutting edge technology solutions to our clients.SRC offers a generous benefit package, including medical, dental, and vision plans, 401(k) with a company match, life insurance, vacation and sick paid time off accruals starting at 10 days of vacation and 5 days of sick leave annually, 11 paid holidays, tuition reimbursement, and a work environment that encourages excellence and more. For positions requiring a security clearance, selected applicants will be subject to a government security investigation and must meet eligibility requirements for access to classified information. EEO:Scientific Research Corporation is an equal opportunity employer that does not discriminate in employment. All qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, age, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other protected characteristic under federal, state or local law.Scientific Research Corporation endeavors to make www.scires.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact jobs@scires.com for assistance. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

Scientific Research Corporation