We have an outstanding Contract position for a Project Financial Analyst to join a leading Company located in the Newark, NJ surrounding area.
**US Citizenship is required.**
The Project Financial Analyst is responsible for analyzing the financial needs and reports of an organization's project management system. They will be responsible for budgeting, forecasting, and providing insights into the financial performance of projects.
Job Responsibilities:  Prepare annual project budgets and monthly project forecasts.IT portfolio project consolidation reporting.Analyze cost drivers and monthly performance of the project compared to forecast and budget.Actual cost analysis.Project metrics reporting.Risk Management (financial, project delivery, tracking operations, and maintenance future costs resulting from Capital projects).Develop the Financial Section of the monthly operational review package.Perform detailed analysis of real-time monthly project expenditures to ensure costs are properly coded and identify project fiscal discrepancies.Challenge the project's estimate to complete by following company procedures and ensuring risk and opportunities are managed to optimize the project's financial targets.Project scheduling and financial controller guidance in accounting (accruals, journal entries, amortizations, depreciation etc.).Supporting Project Managers/Controllers with project change requests.Works with property accounting on project setup.Assist the Project Team in developing/reviewing/implementing cost corrective actions & recovery plans.Guidance on contract issues.Assist with the resolution of discrepancies through communications with vendors and/or departments.
Basic Hiring Criteria:Bachelor's degree in finance, accounting, or other related discipline with 4+ years of experience working in a project financial analyst role.Experience in developing databases to consolidate data from multiple sources.Must have experience with Smartsheet.Experience working with MS Project or Primavera (P6) and Project Web Access (PWA) or another similar SharePoint tool.Proven analytical, evaluative, and problem-solving abilities.High degree of computer literacy including advanced knowledge of MS Word, MS Excel, MS PowerPoint, and the remainder of the MS Office suite.Excellent written and verbal communication skills.Solid understanding of Project Management and Project Management Office functions.Excellent research, decision-making, and organizational skills are required.Proven ability to strategically analyze data, provide comprehensive solutions to problems, and manage workload in order to meet customer needs.Ability to work independently, with minimal supervision, and follow through on assignments with minimal direction while keeping the team informed.Works effectively in a collaborative team environment.Capacity to adapt to changing work priorities.Maintain confidentiality and adhere to data protection and other guidelines where appropriate.