Senior Research Associate-Project Finance
Company: Disability Solutions
Location: Rockville
Posted on: October 31, 2024
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Job Description:
Job Description Westat is an employee-owned corporation
providing research services to agencies of the U.S. Government, as
well as businesses, foundations, and state and local governments.
Westat's research, technical, and administrative staff of more than
2,000 is located at our headquarters in Rockville, Maryland, near
Washington, DC.Westat is committed to building a diverse workforce
and a culture of inclusivity, belonging and equity for all. We
believe that our greatest strength draws on the different
backgrounds, cultures, perspectives and experiences of our
employees.Job Summary:Westat has an immediate opening for a Senior
Research Associate, Project Finance in the Clinical Research
Practice to directly support project leadership in management of a
multi-million-dollar portfolio of research contracts. The candidate
will be responsible for the financial health of the project through
accurate tracking, financial analysis, and advice to ensure the
long-term success.This position is to work 1-2 days per week onsite
at our corporate office in Maryland.Job Responsibilities:---
Provide support to Project Managers in the preparation and analysis
of project financial data and other contract, project, or
business-related tasks.--- Prepare and manage project specific
financial deliverables and ad hoc financial reporting.--- Work with
Program Team to collect bottom-up financial forecasts/Estimate to
complete and enter into Program Financial Management Tool and
maintain contract budgets.--- Work directly with external partners
to monitor forecasted expenditures and resolve invoicing issues.---
Work collaboratively with other functional support personnel (the
program manager with other complex contracts, project or
business-related contracts, subcontracts, HR, etc.) to support
tasks.--- Review trends to assess accuracy of the financial
forecast and work with program team to mediate any issues.---
Monitor progress of program requirements and cost performance
against plans to ensure contractual cost obligations are met.---
Conduct financial analysis (variance analysis, risk analysis,
profit/loss analysis, etc.).Basic Qualifications:--- Typically
requires a bachelor's degree and 8 years of related work
experience, including at least 5 years of program control or
financial management in a government contracting setting.---
Experience with Deltek Costpoint and TM1 (or similar) project
forecasting tools.--- Intermediate MS Excel skills such as pivot
tables, filters, SUMIFS and VLOOKUPS to work with large data sets
to perform analysis and monthly manual spreadsheet report in
support of monthly invoice.--- Knowledge of accounting principles
to include cost collection, revenue recognition, Estimate at
Complete (EAC) lifecycle, invoicing, and unbilled
reconciliation.Preferred Qualifications:--- MBA and/or PMP
certification.--- Experience with government contract financial
management particularly with HHS (Health and Human Services).---
Expertise working in contracting/consulting firm.--- Ability to
work with multiple support functions (contracts, procurement,
accounting).--- Ability to communicate financial information into
actionable data for non-financial collaborators.Other Required
Qualifications:--- Demonstrated communication skills---
Collaboration with teams, managers and/or clients--- Organization
skills, including time management ability--- Detail orientedWestat
offers a well-rounded and comprehensive benefits program focused on
wellness and work/life balance. Subject to plan requirements,
employees may participate in:
Keywords: Disability Solutions, Silver Spring , Senior Research Associate-Project Finance, Accounting, Auditing , Rockville, Maryland
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