Project Finance Analyst 3- Global Development Group - Abt Global Inc.
Durham, NC
About the Job
The World At Abt
Solving the world’s most pressing issues and improving the quality of life for people worldwide is what we do every day at Abt Global Inc. Creating a more equitable world is no small task, but we are driven by big challenges.
We are a team of 3,000+ people in over 50 countries working in unison and focused on the bigger picture. Only by sharing our commitment and energy do we affect change and push the boundaries of what’s possible. We welcome diverse ideas, backgrounds, and viewpoints – joining Abt means access to exceptional thinkers at the top of their game.
To thrive at Abt is to embrace flexibility and collaboration. Our open culture allows you to balance your work and personal life as needed to optimize personal well-being. Creating a more equitable world starts from within – we look after people around the world, and we’ll do the same for you.
Ready to embrace rewarding and meaningful work? Now’s your chance.
The Opportunity
Abt Associates seeks a qualified Project Finance Analyst 3 to support the project teams remotely. Under the direction of the Project Finance Manager and alongside the home office project team, the Project Finance Analyst 3 supports the management of the financial and contractual elements of United State Agency for International Development (USAID)-funded projects in collaboration with other departments/functional support areas including Accounting, Contracts and Procurement, Human Resources, 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 project site staff, and US-based technical staff and support departments, excellent communication 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.
Core Responsibilities
+ Provide high quality, timely support, and guidance to Project team for assigned projects:
+ Attend regular meetings with project team,
+ An understanding and interest in the financial and technical elements of the project,
+ Perform timely continuous 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 (budgeting, invoicing, reporting, supporting back-up data, limitation of funds communications, etc.)
+ Collaborate with Project Management Director and Finance Managers 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 Site Office Finance & Administration managers and site teams:
+ Timely and accurate weekly Remote Office Voucher (QuickBooks) reviews in compliance with client requirements and Abt policies and procedures,
+ Continuous communication with F&A manager, proper issue tracking and correction
+ In coordination with direct supervisor/ Project Finance Manager (PFM) 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 limited guidance from direct supervisor/PFM:
+ Periodic Estimate at Completion (EAC) and Variable Consideration (VC) reports
+ Quarterly Forecast, annual planning
+ Monthly Variance explanation
+ Accruals
+ Other company-level project deliverables
+ Develop workplan budgets and budget modifications for project teams that align to contractual requirements, proposal, and project work breakdown structure (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.
What We Value
+ Bachelor's degree and five years of experience, or Master's degree and three years of experience
+ Familiarity with Federal Contracts and USAID Acquisition Regulations (FARs and AIDARs)
+ Extensive knowledge of Excel spreadsheet programs
+ Experience with managing Cost Plus Fixed Fee contracts and good understanding of revenue recognition for those.
+ Strong analytical and computer skills, ability to handle multiple tasks efficiently, and familiarity with current Internet resources.
+ Excellent written and communication skills
+ Good management and planning skills of project tasks
+ Portuguese or Russian language speaking skills are desired/ not required.
What We Offer
We foster an environment where you can Thrive Your Way. Our innovative total rewards programs are designed to help balance your work and personal life. The approach toward your wellbeing centers around comprehensive benefits, flexible schedules, and professional development.
This position offers an anticipated annual base salary range of approximately $80,000.00 to $110,000.00 and may vary by ten percent depending on candidate geographic location. Salary offers are made based on internal equity and market analysis.
Abt Global is an Affirmative Action/Equal Opportunity employer committed to fostering a diverse workforce. Abt provides market-competitive salaries and comprehensive employee benefits.
_Disclaimer: Abt will never ask candidates for money in exchange for an offer of employment._
#LI-HYBRID #LI-REMOTE #LI-MG1
Abt Global 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 Global 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 Global, 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.
Solving the world’s most pressing issues and improving the quality of life for people worldwide is what we do every day at Abt Global Inc. Creating a more equitable world is no small task, but we are driven by big challenges.
We are a team of 3,000+ people in over 50 countries working in unison and focused on the bigger picture. Only by sharing our commitment and energy do we affect change and push the boundaries of what’s possible. We welcome diverse ideas, backgrounds, and viewpoints – joining Abt means access to exceptional thinkers at the top of their game.
To thrive at Abt is to embrace flexibility and collaboration. Our open culture allows you to balance your work and personal life as needed to optimize personal well-being. Creating a more equitable world starts from within – we look after people around the world, and we’ll do the same for you.
Ready to embrace rewarding and meaningful work? Now’s your chance.
The Opportunity
Abt Associates seeks a qualified Project Finance Analyst 3 to support the project teams remotely. Under the direction of the Project Finance Manager and alongside the home office project team, the Project Finance Analyst 3 supports the management of the financial and contractual elements of United State Agency for International Development (USAID)-funded projects in collaboration with other departments/functional support areas including Accounting, Contracts and Procurement, Human Resources, 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 project site staff, and US-based technical staff and support departments, excellent communication 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.
Core Responsibilities
+ Provide high quality, timely support, and guidance to Project team for assigned projects:
+ Attend regular meetings with project team,
+ An understanding and interest in the financial and technical elements of the project,
+ Perform timely continuous 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 (budgeting, invoicing, reporting, supporting back-up data, limitation of funds communications, etc.)
+ Collaborate with Project Management Director and Finance Managers 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 Site Office Finance & Administration managers and site teams:
+ Timely and accurate weekly Remote Office Voucher (QuickBooks) reviews in compliance with client requirements and Abt policies and procedures,
+ Continuous communication with F&A manager, proper issue tracking and correction
+ In coordination with direct supervisor/ Project Finance Manager (PFM) 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 limited guidance from direct supervisor/PFM:
+ Periodic Estimate at Completion (EAC) and Variable Consideration (VC) reports
+ Quarterly Forecast, annual planning
+ Monthly Variance explanation
+ Accruals
+ Other company-level project deliverables
+ Develop workplan budgets and budget modifications for project teams that align to contractual requirements, proposal, and project work breakdown structure (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.
What We Value
+ Bachelor's degree and five years of experience, or Master's degree and three years of experience
+ Familiarity with Federal Contracts and USAID Acquisition Regulations (FARs and AIDARs)
+ Extensive knowledge of Excel spreadsheet programs
+ Experience with managing Cost Plus Fixed Fee contracts and good understanding of revenue recognition for those.
+ Strong analytical and computer skills, ability to handle multiple tasks efficiently, and familiarity with current Internet resources.
+ Excellent written and communication skills
+ Good management and planning skills of project tasks
+ Portuguese or Russian language speaking skills are desired/ not required.
What We Offer
We foster an environment where you can Thrive Your Way. Our innovative total rewards programs are designed to help balance your work and personal life. The approach toward your wellbeing centers around comprehensive benefits, flexible schedules, and professional development.
This position offers an anticipated annual base salary range of approximately $80,000.00 to $110,000.00 and may vary by ten percent depending on candidate geographic location. Salary offers are made based on internal equity and market analysis.
Abt Global is an Affirmative Action/Equal Opportunity employer committed to fostering a diverse workforce. Abt provides market-competitive salaries and comprehensive employee benefits.
_Disclaimer: Abt will never ask candidates for money in exchange for an offer of employment._
#LI-HYBRID #LI-REMOTE #LI-MG1
Abt Global 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 Global 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 Global, 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.
Source : Abt Global Inc.