Job Description

Job Description

Job Description

BCForward is currently looking for Financial Analyst (Remote)

Position Title: Financial Analyst (Remote)

Location: Remote

Expected Duration: 9+ months.

JOB SUMMARY:

• The Project Budget Analyst supports Project Managers by managing billable services and providing guidance in Change Order development.
• Key responsibilities include revenue forecasting, ensuring accurate billing, tracking billable project expenses, managing collections, and preparing financial reconciliations.
• Functional support involves monitoring actual vs. budgeted project activity and expenses and managing the revenue of assigned projects and associated Change Orders.

ESSENTIAL DUTIES/RESPONSIBILITIES:

• To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. 
• The accountabilities listed below are representative of the knowledge, skills, and/or ability required.

For awarded contracts:

• Upon receiving a signed Work Order (WO), set up a financial project tracker. This tracker will be used to monitor all financial aspects of the project, including professional fee and pass-through activity, revenues, and key financial milestones.
• Create a corresponding Sales Order in the financial system to record and track the contractual agreements and financial commitments associated with the project.
• Develop an initial revenue forecast, including accounting for deferred revenue and pass-through expenses.

For change orders:

• Collaborate with Project Managers to create Change Orders by thoroughly reviewing existing budgets. Provide informed recommendations based on an analysis of actual project activities and any changes in project scope.
• Develop billing schedules for Change Orders. These schedules must ensure accurate billing aligned with the project timeline and client agreements.
• Integrate the revenue forecasts associated with Change Orders into the project trackers. Ensure these updates accurately reflect projected financial outcomes.
• Amend project trackers and Sales Order budgets to incorporate any executed amendments. Maintain up-to-date and accurate financial records that reflect the latest project scope and budget changes.

During the project lifecycle:

• Generate and submit accurate invoices for over 30 active projects, ensuring that all billable services and expenses are captured in the project tracker and billed in accordance with client agreements and project timelines.
• Record and recognize revenue for assigned projects using the Accounting and Revenue Management (ARM) system. Ensure compliance with revenue recognition standards and accurate financial reporting.
• Continuously monitor and compare actual professional fees and pass-through expenses against the budget. Take proactive measures to address any discrepancies to ensure fees and expenses do not exceed the budgeted amounts, maintaining financial control.
• Actively pursue collections on outstanding invoices by engaging with clients. Address and resolve any inquiries or issues related to submitted invoices to facilitate timely payment and maintain positive client relationships.
• Prepare and deliver ad-hoc financial reconciliations and accruals as requested by clients. Ensure that these financial reports are accurate, timely, and provide a clear representation of the project's financial status, helping clients make informed decisions.
• Other duties as assigned by the supervisor. These may, on occasion, be unrelated to the position described here.

EDUCATION REQUIREMENTS:

• Bachelor’s degree in accounting, Finance or another business-related field.

CERTIFICATIONS/LICENSE/REGISTRATION REQUIREMENTS:

• None

QUALIFICATIONS/EXPERIENCE:

• Experience with financial reporting, accounting and/or bookkeeping, especially in a project management environment.
• Advanced Excel skills.
• Excellent written and communication skills.
• Outstanding attention to detail.
• Experience with project management system a plus.

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

About BCforward

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward’s 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Company Description

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward’s 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class places to work.

BCforward is an equal opportunity employer.

Company Description

About BCforward:\r\n\r\nFounded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward’s 6,000 consultants support more than 225 clients globally.\r\n\r\nBCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class places to work.\r\n\r\nBCforward is an equal opportunity employer.

Job Tags

Temporary work,

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