The Project Finanace Manager is responsible for all aspects of project/contract accounting for all Kratos UAS contracts. Duties include ensuring project accounting is in accordance with GAAP on a monthly basis here at KUAS.
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Supervise the billing function and the work of program financial analysts in developing, maintaining and tracking budgets and forecasts
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Act as the primary liaison between project management and accounting for all accounting and finance related matters including project management training regarding accounting policies and procedures
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Conduct project management meetings and monthly Contract Status Reviews, P&L and budget reviews.
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Audit project profit and loss statements monthly to ensure revenues and expenses are being accurately tracked for contracts.
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Perform revenue accruals including percentage completion revenue calculations on a monthly basis.
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Work with general ledger accountants and accounts payable to ensure completeness of expense recognition on a monthly basis.
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Work with accounts payable and time and expense to reclassify expenses to proper projects where needed.
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Provide training to project management staff/accounting staff on all finance and accounting related policies and procedures.
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Ensure billings are prepared in a timely manner and are 100% accurate.
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Maintain all project-related information in the CINCOM System.
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Responsible for project setup and final audit/close out in CINCOM.
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Identify budget/pricing model issues based on actual results.
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Conduct monthly P&L/Budget reviews with senior management and project management.
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Work with project management to prepare expenditure and commitment forecasts for use in organization-wide cash management planning.
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Conduct budget to actual revenue and expense analysis on a monthly basis.
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Identify cost control issues where applicable and monitor trends in revenue and expenses.
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Provide input to finance staff when analyzing margins on multiple markets or similar work.
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Work with others in accounting to provide reporting of key performance metrics on a weekly basis.
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Provide timely, accurate and complete information on project revenues and expenses on a monthly basis.
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Provide financial information as needed to project managers, finance staff and others for weekly project performance reports.
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Responsible for hiring, training, and coaching to lower level project accounting staff.
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Participate in training of new project managers.
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Assist project management in developing a project requirement checklist.
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Obtain a clear understanding of the scope of work agreed to and contract details to ensure billing is complete as well as to identify issues surrounding performance and/or scope of work.
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Communication of contract terms to the rest of the accounting department for proper invoice coding, T&E coding, per-diems levels, etc.
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Establish a relationship with client finance staff to ensure invoice formats are approved and to establish communication channels to help with collection efforts.
