Analyst - Project Costing

Job Description

Responsibilities & Skills:

• Participate in monthly forecasting (POR)  process developing Short & Long Term P&L and Balance Sheet Forecasts
• Perform monthly variance analysis and develop Orders, Revenue & Profitability Guidance for Business Unit and Finance Dept. reporting
• Interface with Business Unit Project Controller during month end close, explain and document P&L and balance sheet variances
• Prepare records required to ensure correct Revenue Recognition and Project Accounting
• Conduct month-end checks (EAC movements, Loss Accruals, Cost Corrections)
• Responsible for post month-end reports for local management
• WIP analysis, UBR/UER bridge analysis, Forecasting accuracy, by project profitability
• Projects maintenance responsibilities in Oracle, including:
• Opening of projects based on internal or external customer Purchase Orders received
• Perform timely closure of projects, including cost and revenue reconciliations and clearance of differences based on internal approvals prior to project closure
• Clearance of cost interface errors, PA module closure
• Generate project financial reports, including:
• Noetix Master Data file including projects by customer and service type
• Inception To Date (ITD) Invoice reports by project
• Run Project Status Inquiry (Noetix & Oracle) and compile reports for period close
• Other invoice and expenditure inquiry reports as specified
• Project analysis in Oracle, including:
• Register, review and update project budgets
• Review accuracy of information in project request forms and provide feedback to requestor
• Regularly review accuracy and completeness of project costs and revenues
• Perform actual versus budget analysis of gross profit and order backlog by project. Explain and escalate variances
• Ensure compliance with the Sarbanes Oxley regulatory requirements as reflected in Emerson ICQ (Intern Controls Questionnaire)
• Identify efficiency and process improvements to provide better financial information and reporting to operational managers
• Provide support for internal and external audit requests