Job Details:
Job Title: Project Financial Analyst
Location: Torrance, CA Hybrid
Duration: Long Term Contract
Job Description:
We are seeking a Project Financial Analyst to support IT project and support financial management within a large enterprise environment. This role will be responsible for budget planning, cost tracking, financial analysis, reporting, and stakeholder coordination across project teams, PMO, and finance.
Mandatory Requirement – PPM Tools (Clarity Preferred)
Hands-on experience with Clarity (PPM tool) is highly preferred
Candidates must have experience working with PPM tools (Clarity or equivalent)
If not Clarity, equivalent PPM tools must be clearly mentioned in the resume (e.g., Planview, ServiceNow PPM, MS Project Online, Oracle PPM, etc.)
Profiles without explicit tool-level PPM experience will not be considered
Key Responsibilities
Project Financial Management
Support Project Leads in defining project cost plans and budget plans
Manage the process of converting cost plans into approved budgets
Analyze and track Budget vs Approved vs Actuals
Review project financials and actual costs on a regular basis
Coordinate with EPMO and IT Budget Controller to resolve financial issues
Track funding requests (DSRRs, ARs, SRRs) and approvals
Perform monthly accruals and reclassification of non-labor costs
Identify and escalate cost overruns/underruns beyond defined thresholds
Generate weekly and monthly financial reports for portfolio tracking
Conduct regular reviews of project cost plans across multiple initiatives
Support / Enhancement Financial Management
Support Unit Leads in defining support and enhancement cost plans and budgets
Monitor and analyze support/enhancement/project financials
Track funding approvals, accruals, and financial reporting
Ensure financial governance and adherence to budgeting processes
Stakeholder Coordination & Governance
Work closely with Project Managers to ensure adherence to financial processes
Review reporting accuracy and address discrepancies proactively
Provide recommendations to resolve budget-related issues and ensure closure
Collaborate with cross-functional teams to maintain financial accuracy and transparency
Required Skills & Qualifications
Bachelor’s degree in Finance, Accounting, Economics, or related field
Strong experience in financial analysis, budgeting, and forecasting
Ability to analyze data from SAP, Clarity, SRR, AR logs, or similar systems
Advanced proficiency in Excel and financial reporting tools
Strong analytical, problem-solving, and communication skills
Experience working in IT projects / PMO / financial governance environments
Skills
Mandatory Skills : Benefits Management, Project Planning, Quality Management, Resource Management, Stakeholder Management
