Note: The job is a remote job and is open to candidates in USA. Alvarez & Marsal is a global consulting firm that focuses on solving clients' problems and driving sustainable change. The Project Financial Analyst will be responsible for managing the financial and contractual compliance of federal engagements, handling invoicing, budget tracking, and ensuring efficient working capital management.
Responsibilities
- Proactive Working Capital Management
- Drive the Revenue Cycle: Proactively manage and assertively accelerate the end-to-end billing process for a portfolio of complex federal projects
- Cadence Leadership: Initiate and lead bi-weekly/monthly financial reviews with Managing Directors and Directors to review working capital metrics, including Work-in-Progress (WIP), Accounts Receivable (AR), and collections
- Invoicing & Adjustments: Perform extensive editing, transfers, write-offs, and financial adjustments within our billing systems to ensure invoices are accurate, complete, and optimized for margin protection
- Collection Strategy: Independently track aging AR. Proactively initiate the collection process and escalate accounts exceeding 60 days to practice leadership
- Budgetary Control & Financial Analysis
- Independent Tracking: Maintain, track, and reconcile project budgets, burn rates, and funding thresholds independently across multiple federal contracts
- Executive Summaries: Create high-impact monthly billing summaries and variance analyses to give MDs visibility into project profitability and revenue flow
- Contractual Compliance & Vendor Administration
- Agreement Analysis: Analyze federal engagement documents and legal agreements to ensure all outgoing invoices strictly comply with negotiated fee agreements, labor rate discounts, and firm policies
- Subcontractor & Affiliate Oversight: Initiate and manage the multi-step verification and processing system for foreign affiliate and subcontractor invoicing
- System Ownership: Manage and optimize procurement platforms, vendor setup, and client payment portals required for federal project execution
- Discrepancy Investigation: Audit billing anomalies, investigate discrepancies, and collaborate across internal teams (Finance, Legal, and Accounts Receivable) to reconcile issues swiftly
Skills
- Bachelor's degree in Finance, Accounting, Business Administration, or a related quantitative field
- 3–5 years of professional services billing or project controls experience, ideally within a federal contracting or management consulting environment
- Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUPs, financial modeling) and enterprise-level financial/billing systems
- Acute Attention to Detail: A 'zero-mistake' mindset when handling complex ledger adjustments and multi-million dollar federal invoices
- Assertive Communication: The confidence and executive presence to push back on senior leaders and keep them accountable to financial deadlines
- Problem-Solving Grit: Strong analytical and math skills, with the ability to independently investigate data anomalies and resolve systemic billing bottlenecks
- Ability to obtain and maintain a Public Trust clearance if required by the embedded project codes
Benefits
- Healthcare plans
- Flexible spending and savings accounts
- Life, AD&D, and disability coverages at rates determined periodically
- 401(k)-retirement savings plan
- Annual discretionary contribution to their 401(k)-retirement savings plan from Alvarez & Marsal
- Paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part-time employees), ten federal holidays, one floating holiday, and parental leave
- Discretionary bonus program which is based on a number of factors, including individual and firm performance
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