Business and Financial Analyst

Concurrent Technologies Corporation is a leader in engineering and manufacturing, focusing on innovative solutions for clients. The Business and Financial Analyst will manage budgeting, forecasting, and financial analysis for a major program, ensuring financial health and performance while collaborating with various stakeholders.

Responsibilities:

• Lead the preparation of cost proposals, ensuring compliance with solicitation requirements and company guidelines
• Develop cost structures and pricing strategies in collaboration with Proposal Managers, providing recommendations to optimize profitability
• Conduct detailed profitability analyses for fixed-price and fixed-labor rate proposals, identifying risks and opportunities for improvement
• Independently monitor project budgets using the company’s Forecast Tool (TM1), ensuring accuracy and adherence to financial guidelines
• Analyze budget forecasts to identify discrepancies and recommend corrective actions to maintain alignment with project goals
• Lead quarterly forecasting cycles for assigned programs and indirect budgets, ensuring timely completion and accuracy
• Prepare and review monthly financial reports, ensuring data accuracy and clarity for management decision-making
• Contribute to company-wide financial reporting activities, including Firm Fixed Price (FFP) Revenue/Fee Recognition Reports, Limitation of Funds Reports, and Project Loss Reports
• Collaborate with Program Managers, Procurement, and Human Resources to optimize personnel utilization and non-labor cost forecasting
• Provide actionable recommendations to address personnel over/under-utilization and ensure efficient resource allocation
• Develop accurate non-labor forecasts by analyzing procurement decisions and associated time-phasing projections
• Act as a liaison between technical teams, financial operations, and other departments to ensure alignment on project goals and financial objectives
• Support Division Lead Business Analysts in divisional revenue forecast processes, ensuring responsiveness to vetting actions and deadlines
• Lead small teams on lower-complexity project activities, providing guidance and support to ensure successful completion
• Mentor junior staff members, fostering their development and understanding of financial principles and practices

Requirements:

• Bachelor's degree in Business, Finance, Accounting, Economics, or a related field
• 2+ years of relevant experience or equivalent work experience
• Proficiency in financial principles, concepts, and tools, with the ability to apply them to moderately complex assignments
• Advanced proficiency in Microsoft Office Suite, particularly Excel, with experience in creating and analyzing complex spreadsheets
• Experience in a government contracting environment or familiarity with DoD regulations
• Knowledge of cost proposal development and financial forecasting tools (e.g., TM1)
• Strong analytical and problem-solving skills, with the ability to work independently
• Effective communication and collaboration abilities, with a professional demeanor
• Demonstrated ability to lead small teams and manage lower-complexity project activities