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EY Government Sector - Project Control Finance Senior Associate in Richmond, Virginia

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Senior Associate, GPS Finance – Project Finance

Job summary:

From strategy to execution, the Government & Public Sector (GPS) practice of Ernst & Young LLP provides a full range of consulting and audit services to help our Federal, State, Local and Education clients implement new ideas to help achieve their mission outcomes. We deliver real change and measurable results through our diverse, high-performing teams, quality work at the highest professional standards, operational know-how from across our global organization, and creative and bold ideas that drive innovation. EY is ready to help our government build a better working world.

This GPS Finance Senior Associate role will continuously improve the project control activities for a sub-sector within the GPS practice.

Key Responsibilities

  • Develop a strong working relationship with sub-sector leader, serving as a trusted business advisor

  • Prepare and maintain EAC and ETC documentation and research solutions for program financial issues with recommendations to the engagement team leadership

  • Support implementation of policies and procedures to ensure client engagements comply with US government regulatory (FAR, DFARS, CAS) requirements and EY internal requirements

  • Participate in development of processes, and procedures to monitor and manage engagement financials and optimize financial management at an account and sub-sector level

  • Prepare annual budgets at an engagement level as well as monthly, annual and multi-year business forecasts, inclusive of existing engagement portfolio, new business pipeline and stretch goals

  • Support external project audits with outside independent auditors and regulatory agencies

  • Work with GPS Reporting lead to clarify reporting requirements in support of engagement, account and sub-sector financial management

  • Play a coordinating role between engagement teams, PMOs, accounting, contracts, subcontracts and project setup.

  • Analyze and advise on the impact of pricing decisions as it relates to sub-sector and account financials

  • Analyze and advise on engagement profitability to guide decision-making

  • Ensure seamless support to GPS for borrowed and loaned practitioners

  • Reviews contract awards and modifications to monitor value, funding and AR

  • Advises on project setup and workforce management

  • Support other ad hoc financial reporting and special projects as assigned

Skills and attributes for success

  • High degree of proficiency with Microsoft Office Suite, including advanced Excel skills and experience building and maintaining financial models in Excel to aid in efficient analyses

  • Exposure to planning and engagement financial management tools

  • Intellectually curious with problem solving orientation. Not satisfied with easy or convenient answers

  • Proven ability to build strong collaborative working relationships with business partners and executives. Seen as a trusted and objective advisor

  • Experience aligning cross-functional stakeholders with demonstrated aptitude in working effectively within a matrixed team across multiple functional areas

  • Player/coach with ability to both lead and execute. Willingness to play “up and down the stack” diving into the details

  • Excellent oral, written and interpersonal skills with the ability to communicate effectively with all levels of management and external auditors

  • A self-starter with the knack for problem solving and the curiosity to ask “why”

To qualify, candidates must have

  • A Bachelor’s degree in Accounting, Finance or a related field, or equivalent experience

  • Knowledge of FAR/CAS and other government contract accounting requirements

  • Understanding of CAS and FAR Part 31

  • Advanced knowledge of project accounting, including understanding of different contract types (CPFF, T&M, FFP) and indirect rate structures

  • A minimum of 3 years of relevant government contractor finance experience in a CAS compliant environment

  • A minimum of 2 years of experience in a project control role

  • Experience supporting successful government audit(s) of accounting and finance policies and procedures

  • Solid knowledge of Deltek Costpoint. Experience with or exposure to other tools is beneficial.

  • Experience with project setup to include revenue recognition following ASC 606

  • Ability to obtain a security clearance.

Ideally, you will also have

  • Experience supporting implementations of government compliant accounting systems (e.g., Deltek Costpoint)

  • Experience implementing and overseeing adherence to project control policies and procedures

What we offer

We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The salary range for this job in most geographic locations in the US is $65,400 to $115,100. The salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $78,500 to $130,800. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

  • Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.

  • Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.

  • Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.

  • Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It’s yours to build.

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