he Financial Analyst provides business, financial, and related support services to Department of State (DOS) Contract and the Program Manager (PM), business decision makers, and government clients. Works closely with the Billing Specialists / Analysts to ensure all contracts are billed properly according to the final pricing. In coordination with Accounts Receivable, Treasury and Billing Specialists / Analysts, is responsible for monitoring and following up on past due invoices with the client. Performs regular/monthly reviews/budgets as well as monthly reporting to the PM. Monitors financial performance and works with Accounting to make adjustments as necessary. With Billing Specialists / Analysts, monitors and maintains unbilled receivables status. Works with Program Management to resolve issues and provides reports for monitoring costs charged to the contracts. Reports to the Finance Manager. Works closely with Operations.
DUTIES AND RESPONSIBILITIES:
Prepare program budget planning and documentation including financial management plans, program plans, work breakdown structures (WBS), budget and resource allocation plans, impact assessments and reports, and point papers.
Receive, review, process and track program funding documents. Adjust funding allocations as directed by the project manager
Assist in resource use planning and forecasting
Track and report work project status and completion in the financial tracking system
Review monthly project expenditures with PM and other Operations leadership
Provide PM with project/task-level financial support (e.g., maintain contract spreadsheets, track contract funding, monitor expenditures)
Analyze funding requirements and process funding modification notifications through the cognizant contracts administrator
Prepare and submit monthly financial CDRLS to the end customer
Provide forecast and budget support to the PM
Serve as liaison between Operations and various departments (e.g., Purchasing, Contracts, Accounting, HR, etc.) to ensure timely support to Operations and/or the Program Management Office (PMO) to meet project objectives and requirements
Develop and maintain ETCs and EACs as required.
Generate ad hoc management reports and analysis as requested.
Conduct status reviews and independent cost and budget assessments
Prepare assessment and effectiveness reports for strategic planning and financial operations
Recommend business and administrative procedures and process changes that support integrated business practices
Recommend and implement improvements that can realize efficiencies through enhanced processes and cost savings measures
Maintain detailed financial metrics
Analyze and report monthly revenue, direct costs by element, gross profit and gross margin variances vs. budget/plan, proposed cost/price, contract award, and prior periods (month to month, quarter to quarter, year to year)
Analyze and report actual headcount and labor cost (salaries and hourly rates) vs. budget/plan and bid levels; work with project management teams to optimize profitability
Monitor and manage the unbilled receivables balances on each contract to optimize cash flow and DSO
Monitor and follow up on past due invoices with project management teams and Contracts
Review all direct costs for accuracy and proper coding; ensure costs are appropriately charged against contracts.
Produce and distribute standard performance reports to management on a regular basis.
Perform other duties and responsibilities as required or appropriate.
BA/BS degree in Business, Business Administration, Economics, Accounting, or Finance required. Additionally, 5-7 years’ progressive analytical (budget development and/or government project administration) experience. Excellent presentation, oral and written communication skills required with strong analytical and problem solving skills. Proficiency with computer and common office equipment, and expert knowledge of MS Office products required. Ability to prepare, evaluate, and manage budget plans and allocate funds against budget elements. Experience with common financial processes and tools and integrated financial resource planning and management practices.
Comprehensive Health Services is an Equal Opportunity Employer (EOE). Employment selection and related decisions are made without regard to race, color, national origin, religion, sex, disability, veteran status, gender identity, and sexual orientation, and other statuses protected by law.
About Comprehensive Health Services
Founded in 1975, Comprehensive Health Services, Inc. is one of the nation’s largest and most experienced providers of workforce medical services. We partner with Fortune 1000 companies and the U.S. government to solve the highly complex, large-scale health care challenges they face by implementing and managing cost-effective, customized medical programs for large and dispersed workforces. Our technology-driven, flexible health care solutions are capable of providing tailored services to ensure employers can meet the medical needs and compliance issues of their employees anywhere in the world. We leverage our unique combination of sophisticated, proprietary IT systems, best-in-class program management capabilities, specialized logistics and distribution services, and broad contracted network of medical providers to offer differentiated services.