Hybrid Budget & Pricing Analyst II

at Concurrent Technologies Corporation

• Job title: Budget & Pricing Analyst II
• Job type: Full Time
• Experience level: Junior, Mid level
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Johnstown, United States

About the role

• Budget & Pricing Analyst II developing budgets and forecasts for projects at Concurrent Technologies Corporation. Collaborating with Technical Project Managers and providing financial analysis.

Responsibilities

• Development of project budgets with Technical Project Manager's assistance.
• Development of direct project forecasts / re-forecasts on a monthly basis.
• Provide reporting and analysis to Management highlighting variance analysis and financial risks/opportunities.
• Develop Estimates at Complete (Re-Forecasts) for revenue recognition purposes on Firm Fixed Price projects, ensuring adherence to corporate policies guiding revenue recognition.
• Support Technical Proposal Managers with proposal preparation including cost estimating/pricing, bid/no-bid analysis, risk mitigation, and price negotiations with clients.
• Ability to recommend areas where proposed costs could be reduced/tightened to improve price competitiveness.
• Support responses provided to external auditors on their audit inquiries on direct project financials.
• Ensures, with occasional oversight/assistance as needed, proper procedures are followed for accurate development of cost proposals in accordance with solicitation requirements and company guidelines.
• Prepares profitability analysis on Firm Fixed Price and Time & Material type proposals - and highlights potential areas of concern.
• Preparation, with occasional oversight/assistance as needed, of required monthly financial reports for both internal company and external client customers.
• Provides budget analysis/support to Technical Project Managers by ensuring accuracy of inputs into the standard company Forecast Tool (TM1), and in monitoring/re-forecasting costs during all stages of direct project execution.
• Assists in the early determination of potential financial execution problems and recommends alternate solutions that optimize the financial execution of direct projects.
• Advises Technical Project Managers on over/under-utilized personnel and encourages interaction between project managers and line managers for optimal direct labor usage.
• Demonstrates a positive, respectful, and professional demeanor and communicates effectively and efficiently.
• Assists Technical Project Managers in achieving direct project - non-labor forecasts by proactively promoting Subcontractor, Material, Equipment, and Other Direct Cost purchasing and billing - working together with other cognizant departments within the company to achieve these financial targets.
• Supports Division Lead Business Analysts in all activities in the Divisional Quarterly Revenue Forecast process.
• Adheres to Quarterly Forecast Cycle published schedule/due dates and responsive to all vetting actions led by Division Lead Business Analysts.
• Supports for assigned direct project workload all critical company-wide financial reporting activities such as the Firm Fixed Price (FFP) Revenue/Fee Recognition Report, Limitation of Funds Report, and Project Profit/Loss Report.
• Serves, with occasional oversight/assistance as needed as the primary liaison on operational/financial matters between Technical/Project Management and Proposal Shop, Procurement, Contract Resource, and Human Resource personnel.

Requirements

• BA/BS in Business, Finance, Accounting or related academic field plus 2-4 years directly related experience.
• FP&A - Financial Planning and Analysis.
• Understanding of financial analysis principles and strong financial analysis skills.
• Strong communicator of financial issues/risks to non-financial personnel.
• Ability to communicate at all levels of the organization.
• Strong Excel skills.
• Strong financial modeling skills.
• Strong organizational skills and attention to detail.
• Department of Defense or Intel Community Federal Contractor experience, Deltek/Costpoint Business Intelligence Reports / TM1

Benefits

• Competitive salary and benefits package
• Educational opportunities
• Recognition for quality work