Project Control Analyst

Improvix Technologies•Reston, VA

12h•Hybrid

About The Position

The Project Control Analyst supports the financial health and operational performance of the company’s largest federal programs. A significant portion of our operational complexity and financial management requirements are concentrated within our top 2–3 contracts, and this role will focus primarily on those efforts. This position is responsible for developing and maintaining Estimates at Completion (EACs), monitoring burn rates and utilization, tracking labor category performance, developing program financial plans and budgets, and partnering with Program Managers to ensure disciplined financial oversight and program governance. The role serves as a key internal advisor, providing early visibility into risks and actionable financial insights to maintain contract stability and predictability.

Requirements

3–5+ years of experience in project control, program finance, or financial analysis within federal contracting.
Strong Excel skills (pivot tables, advanced formulas, modeling).
Advanced Excel skills required (pivot tables, financial modeling, forecasting tools, and data analysis).
Experience building financial tracking tools, dashboards, and automated reporting workflows.
Experience supporting T&M and/or FFP-LOE service contracts.
Working knowledge of labor category accounting, funding tracking, and utilization management.

Nice To Haves

Experience with financial systems and workflow tools such as Microsoft Dynamics, Smartsheet, Power BI, or similar reporting and automation platforms.
Experience supporting complex, multi-CLIN federal contracts.
Familiarity with revenue recognition, unbilled analysis, and DSO concepts.
Experience building or improving financial reporting tools.

Responsibilities

Estimate at Completion (EAC) Management
Develop and maintain rolling EAC models for assigned programs.
Support development of program financial plans and budgets and maintain alignment between baseline plans, forecasts, and actual performance.
Identify emerging cost, funding, and utilization risks.
Provide forecast updates and recommendations to Program Managers and leadership.
Burn Rate & Funding Monitoring
Develop and maintain burn charts by contract, CLIN, and/or labor category as needed.
Track funded value against projected spend.
Monitor revenue pacing and identify overburn/underburn trends.
Support proactive funding management and visibility.
Labor Category (LCAT) & Utilization Oversight
Track labor distribution and staffing alignment to funded LCATs.
Monitor utilization trends across programs.
Identify labor mix shifts that may impact financial performance.
Support staffing scenario modeling and workforce planning discussions.
Financial Health & Reporting Support
Reconcile actuals against plan on a monthly basis.
Support PMs with financial data interpretation and decision-making.
Develop standardized dashboards and reporting tools.
Prepare and maintain monthly program financial review packages, including EAC updates, burn analysis, utilization metrics, and key financial risks for Program Managers and Customer Operations leadership.
Design and implement financial tracking templates, reporting structures, and repeatable workflows that improve financial visibility and program management discipline.
Assist in tracking unbilled revenue and overall contract financial posture.
Support Program Managers and Customer Operations leadership with program metrics, reporting, and information required for internal management reviews and contract governance.
Contract & Modification Review
Assess financial impact of contract modifications.
Support project setup accuracy (period of performance, CLIN structure, labor mapping).
Help establish and maintain repeatable financial control processes and templates.
Assist with tracking and maintaining accountability for Government Furnished Equipment (GFE) and company-issued equipment supporting assigned programs.
Support contract administration activities, including tracking contract deliverables, reporting requirements, and key compliance artifacts.
Provide administrative and operational support to Program Managers and Customer Operations leadership to ensure organized contract documentation and program oversight.
Support development and maintenance of financial management processes and controls in coordination with Program Managers and Customer Operations leadership