Project Control Analyst

Arlington VA 22206 AFSC Magellan Federal

Job Description

AFSC/Magellan Federal is searching for a Project Controller to join our Finance team in Arlington, VA. The successful candidate is familiar with the compliance requirements and accounting complexities of federal government contracting. Efficient multi-tasking is required to support a portfolio of projects that are geographically dispersed. The Project Controller will partner with project managers and gain a detailed understanding of project activities and milestones. Ability to forecasting the financial implications of business decisions is key to success in this role. Daily cross-functional information sharing with project managers and other project support organizations is required. Expectations include excellent communication skills for presentation of financial information to all levels of management, including C-suite.
  • Assist throughout the project lifecycle; including kick-off meeting, project set up, revenue recognition and compliance, budgeting, forecasting and monthly variance analysis for all contract types (CP, T&M, FFP, FPAF).
  • Compile, report, and analyze the financial performance of a project portfolio and communicate findings and issues to key stakeholders.
  • Participate in monthly close process to include accrual submission, posting of revenue and attendance of close meetings with the corporate finance team.
  • Ensure compliance with applicable internal policies and procedures, FAR, CAS, GAAP and contractual requirements.
  • Partner with Accounting to research, document, and respond to internal and external audit requests.
  • Monitor funding and support modification proposals, procurement and billing/collection activities.
  • Promote timely vendor invoice receipt and approve for payment.
  • Monitor projects’ labor, subcontractor, and ODC transactions, weekly, and identify/resolve errors.
  • Train project managers to interpret financial reports and to consider project-type-specific financial performance improvement levers.
  • Host cross-functional project review meetings to inform stakeholders of project performance and identify areas for improvement.
  • Participate in pricing and proposal of project extensions and recompete opportunities.
  • Perform what-if analysis for project management decision support.

General Job Information


Project Control Analyst



Job Family

Finance Group


United States of America

FLSA Status

United States of America (Exempt)

Recruiting Start Date


Date Requisition Created


Minimum Qualifications


Bachelors: Accounting (Required), Bachelors: Finance (Required), Masters

License and Certifications - Required

License and Certifications - Preferred

Other Job Requirements


  • 3+ years of experience in a financial analysis role
  • Previous experience in a federal contracting environment
  • Experience budgeting and forecasting the P&L for multiple projects
  • Experience summarizing results and producing management reports
  • Exceptional attention to detail and adherence to project deadlines
  • Experience working in a fast-paced, team environment
  • Strong MS Office skills, specifically Excel
  • Understanding of FAR requirements


  • Deltek CostPoint experience
  • Cognos Reporting

Magellan Health Services is proud to be an Equal Opportunity Employer and a Tobacco-free workplace. EOE/M/F/Vet/Disabled. Every employee must understand, comply and attest to the security responsibilities and security controls unique to their position.

Top 5 reasons to work at Magellan

When you say

To be the best you have to work with the best

We hear you
Life @ Magellan