Financial Analyst I - SRS East - Portsmouth

Epsilon Systems Solutions, Inc. has a current job opening for a full-time Financial Analyst I in Portsmouth, VA.

Summary: This role involves monitoring project financial performance by using earned value management (EVM), assisting in the preparation of budgets and forecasts, and collaborating with operational teams to implement cost management strategies. The ideal candidate has worked in the Ship Building industry and enjoys operating in an extremely fast-paced environment. This position is located Portsmouth, VA office.

Responsibilities:

• Contribute to and maintain project setups as needed on a daily basis.

• Attends project setup meetings to help determine how new contracts should be setup within Costpoint.

• Reviews contracts and modifications for financial accuracy.

• Prepares and inputs transfers to correct erroneous charging.

• Input and tracking of employee travel advances and expense reports.

• Prepares and distributes weekly Earned Value Management reports to Project Managers, to measure the project’s performance against planned value, schedule, and cost, providing insights into any deviations and necessary corrective actions.

• Reviews and approves employee timesheet submittals as needed.

• Works with the Financial Analysis Manager to generate the Annual Operating Plan (AOP) and quarterly forecasting (FI, FII).

• Reviews and manages the revenue recognition for their group and takes steps to correct any revenue that is either over or understated at the month end close process. This may include cost transfers, at risk processing or suggesting project setup remedies.

• Works with the Financial Analysis Manager to track actual results against the AOP and forecast. Investigates any significant variances and explains to management.

• Contributes to the monthly reporting package and briefs their group General Management after the accounting department has finished its financial close.

• Validates contract de-obligation for the contracts department.

• Tracks revenue, negative fees, indirect labor, unpaid invoices, and unallowable costs on a weekly basis.

• Reviews, approves, and assists in the preparation of customer invoices.

• Maintains and updates contract workforces, including WD contracts.

• Assist estimating and contracts in the preparation and review of customer quotes.

• Customizes Business Intelligence reports upon request.

• Assist in implementing proper internal controls to support the organization’s growth.

• Other duties as assigned.

Requirements:

• Bachelor’s degree in finance, accounting or similar field.

• Up to Four (0-4) years’ financial analysis experience.

• Must be proficient in CostPoint or other large ERP Systems.

• Understanding of EVM principles, cost forecasting, and budgeting in high-stakes, fast-moving environments.

• The role requires agility, quick decision-making, and the ability to manage multiple projects simultaneously.

• Must have advanced knowledge of Excel.

• Possess strong analytical skills and understanding of financial concepts to support our financial planning and analysis activities.

• Able to work in a culture of collaboration, accountability, and continuous improvement

• Possess excellent organizational skills and be detail oriented.

• Must be able to speak, write, understand and communicate in English.

Preferred Qualifications:

• Ability to obtain and maintain a DoD Secret Clearance.

ADA Notations:

• Position requires the ability to hear and communicate clearly, orally and in writing.

• Uses vision to view screens, create and review documents; requires close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

• Capable of using a keyboard effectively.

• Frequently required to sit for long periods of time, stand, walk and may occasionally lift and move at least 25 pounds.

• Office environment. Must be able to work in a busy, fast-paced environment.

Epsilon Systems Solutions, Inc. and its subsidiaries are proud to be Equal Employment Opportunity and Affirmative Action employers, Minority/Female/Disabled/Veterans.