Position: Project Financial Analyst – Clarity (PPM Tool)
Location: Torrance, CA – Hybrid- 4 days onsite
Duration: Long Term
Skills
Mandatory Skills : Project Financial Management, Project Planning
Job Summary
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
Preferred (Nice to Have)
· Hands-on experience with Clarity (PPM tool)
· Experience supporting large enterprise IT programs / transformation initiatives