Financial Controls and Accrual Analyst

Job Title Financial Controls and Accrual Analyst
Location White Plains, NY

Duration 12 months

Hours Weekly: 37.5hrs/week

Project Overview

The Financial Controls and Accrual Analyst provides support in the areas of cost accounting, financial analyses and reporting, and internal controls.

Job Functions & Responsibilities

• Prepare and post monthly accruals journal entries, ensuring accurate allocation of expenses and revenue to the appropriate periods.
• Provide essential assistance in the preparation of the Quarterly Financial presentation and consolidated financial package, contributing to accurate and insightful reporting.
• Collaborate in the production of the Monthly Financial Package, ensuring timely delivery of accurate financial information to internal stakeholders.
• Review project invoices and approvals to ensure correct SAP purchase order number, account assignment, dollar value, approval levels, verify available funding, and backup documentation.
• Coordinate project reconciliation process with Engineers based on construction completion milestones. Analyze and identify variances between SAP and Engineers final scope of work for material, labor, fees, abatement and other associated costs.
• Prepare financial closeout of project in SAP including closeout of all contract dollar commitments, verification of 100% billing for project cost recovery, preparation of all accounting journal entries to reconcile SAP costs and final closeout memo.
• Support Financial Controls staff.
• Distribute all billing memos, closeout memos, journal entries to Accounting and Billing departments and for updates to Primavera.

Skills

• Excellent organizational and planning skills are required.
• Strong written and oral communication skills are required to effectively communicate with customers as well as program staff and management.
• Strong working knowledge of Microsoft Office Suite and is required.
• Strong knowledge of SAP is preferred.
• Proficient in Cost Accounting and/or Accounting methods and theory.
• Familiarity with Primavera is preferred.
• Strong analytical skills are required.
• General understanding of fee schedules.
• General understanding of contract terms and conditions is preferred.
• Ability to provide support on statewide initiatives is required.

Education & Certifications

• Bachelor s Degree in, Business Administration, Finance, or Accounting is preferred.

Why Choose Cogent? Cogent Infotech stands at the forefront of technology consulting and is recognized globally for its award-winning services. With our headquarters in Pittsburgh, PA, USA, we specialize in guiding enterprises through digital transformation, leveraging the power of emerging technologies such as Cloud Computing, Cybersecurity, Data Analytics, and AI. Our mission is to provide innovative workforce solutions that address the complex challenges faced by today s businesses.

As an ISO-certified firm and appraised at CMMI level 3, our reputation for excellence is well-established. We are proud to collaborate with over 70 Fortune 500 companies and more than 150 Federal C State agencies, delivering cutting-edge technology solutions that drive success.

Cogent is an equal opportunity employer. Cogent will not discriminate against applicants or employees based on race, color, religion, national origin, age, sex, pregnancy (including childbirth or related medical condition), genetic information, sexual orientation, gender
identity, military status, citizenship, or any other class protected by applicable law