Financial Analyst, Federal Projects

Description

About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team

Since 2003, Alvarez & Marsal Public Sector Services (PSS) has helped government, education, and non-profit clients identify new ways to overcome challenges and implement sustainable change — pioneering a progressive, pragmatic, and forward-looking approach based on our experience applying operational and financial improvement principles in the private sector to address the unique challenges facing public sector organizations.

How you will contribute

The Project Financial Analyst is an embedded, billable operational resource within our Federal Practice. While this role sits within our client-facing job architecture, it is dedicated to internally maximizing the financial, contractual compliance, and working capital efficiency of our federal engagements.

Reporting to PSS’s CFO, the position will serve as the \financial engine\ for a portfolio of senior leaders, driving the end-to-end invoicing, expensing, and budget tracking lifecycle.

Key Responsibilities

1. Proactive Working Capital Management

• Drive the Revenue Cycle: Proactively manage and assertively accelerate the end-to-end billing process for a portfolio of complex federal projects.
• Cadence Leadership: Initiate and lead bi-weekly/monthly financial reviews with Managing Directors and Directors to review working capital metrics, including Work-in-Progress (WIP), Accounts Receivable (AR), and collections.
• Invoicing & Adjustments: Perform extensive editing, transfers, write-offs, and financial adjustments within our billing systems to ensure invoices are accurate, complete, and optimized for margin protection.
• Collection Strategy: Independently track aging AR. Proactively initiate the collection process and escalate accounts exceeding 60 days to practice leadership.

2. Budgetary Control & Financial Analysis

• Independent Tracking: Maintain, track, and reconcile project budgets, burn rates, and funding thresholds independently across multiple federal contracts.
• Executive Summaries: Create high-impact monthly billing summaries and variance analyses to give MDs visibility into project profitability and revenue flow.

3. Contractual Compliance & Vendor Administration

• Agreement Analysis: Analyze federal engagement documents and legal agreements to ensure all outgoing invoices strictly comply with negotiated fee agreements, labor rate discounts, and firm policies.
• Subcontractor & Affiliate Oversight: Initiate and manage the multi-step verification and processing system for foreign affiliate and subcontractor invoicing.
• System Ownership: Manage and optimize procurement platforms, vendor setup, and client payment portals required for federal project execution.
• Discrepancy Investigation: Audit billing anomalies, investigate discrepancies, and collaborate across internal teams (Finance, Legal, and Accounts Receivable) to reconcile issues swiftly.

Requirements & Qualifications

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related quantitative field.
• Experience: 3–5 years of professional services billing or project controls experience, ideally within a federal contracting or management consulting environment.
• Technical Command: Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUPs, financial modeling) and enterprise-level financial/billing systems.
• Core Competencies:
  • Acute Attention to Detail: A \zero-mistake\ mindset when handling complex ledger adjustments and multi-million dollar federal invoices.
  • Assertive Communication: The confidence and executive presence to push back on senior leaders and keep them accountable to financial deadlines.
  • Problem-Solving Grit: Strong analytical and math skills, with the ability to independently investigate data anomalies and resolve systemic billing bottlenecks.
  • Clearance Readiness: Ability to obtain and maintain a Public Trust clearance if required by the embedded project codes.

Your journey at A&M
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.

Benefits Summary
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k)-retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k)-retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part-time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M’s benefits programs.

The salary range is $90,000 - $140,000 annually, dependent on several variables including but not limited to education, experience, and skills. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.