Financial Analyst III
Epsilon Systems Solutions· Defense & Space· Oct 10, 2026 · 18d ago
Portsmouth, Virginia
In office
Full-time
Mid
$87K–$95K
4+ years exp
Job description
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Back to Job Openings 2026-188 | Financial Analyst III - SRS Portsmouth, VA
START YOUR APPLICATION 2026-188 | Financial Analyst III - SRS Portsmouth, VA
Job ID: 2026-188
Date Posted: May 20, 2026
Department: Mid-Atlantic Region - Norfolk
Location: Portsmouth, Virginia
Salary Range: $87,000.00 to $95,000.00 per Year
This is a reasonable estimate for this role. Individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
Minimum Experience: 4 Year(s)
Minimum Education: Bachelor's Degree
Epsilon Systems Solutions, Inc. currently has an opening for a full-time Financial Analyst III position within the Ship Repair Sector, MID-ATLANTIC Division, located in Portsmouth, Virginia.
Summary: This role involves monitoring project financial performance by using earned value management (EVM), assisting in the preparation of budgets and forecasts, and collaborating with operational teams to implement cost management strategies. The ideal candidate has worked in the Ship Building industry and enjoys operating in an extremely fast-paced environment. This position is located Portsmouth, VA office.
Responsibilities:
• Produces the monthly reporting package and briefs their group General Management after the accounting department has finished its financial close.
• Reviews and manages the revenue recognition for their group and takes steps to correct any revenue that is either over or understated at the month end close process. This may include cost transfers, at risk processing or suggesting project setup remedies.
• Creates and changes project setups as needed on a daily basis.
• Attends project setup meetings to help determine how new contracts should be setup within Costpoint.
• Works with the Financial Analysis Manager & Director of Finance to generate the Annual Operating Plan (AOP) and quarterly forecasting (FI, FII).
• Tracks actual results against the AOP and forecast. Investigates any significant variances and explains to management. Assists in the preparation of update(s) to the plan using actuals and projecting year end on a monthly basis.
• Prepares and distributes weekly progress status reports to Project Managers.
• Tracks revenue, negative fees, indirect labor, unpaid invoices, and unallowable costs on a weekly basis.
• Prepares monthly Cost Incurred Reports for CPFF projects
• Prepares 30/60/90 closeout reports for CPFF projects.
• Trains group employees on integrated financial software, and remains the POC for group employees.
• Reviews contract de-obligation for submission to the Finance Analysis Manager/Director of Finance for review and approval.
• Prepares and distributes weekly progress status reports to Project Managers.
• Tracks revenue, negative fees, indirect labor, unpaid invoices, and unallowable costs on a weekly basis.
• Reviews, approves, and assists in the preparation of customer invoices.
• Prepares labor and non labor transfers to correct erroneous charging.
• Reviews and approves employee expense report submittals.
• Customizes Business Intelligence reports upon request.
• Reviews contracts and modifications for financial accuracy.
• Work with the Purchasing Department to closeout purchase orders in a timely manner.
• Assist in implementing proper internal controls to support the organization’s growth.
• Other duties as assigned.
Requirements:
• Bachelor’s degree in finance, accounting or similar field.
• Four to Eight (4-8) years’ financial analysis experience.
• Must be proficient in CostPoint or other large ERP Systems.
• Must have advanced knowledge of Excel.
• Understanding of EVM principles, cost forecasting, and budgeting in high-stakes, fast-moving environments.
• The role requires agility, quick decision-making, and the ability to manage multiple projects simultaneously.
• Possess strong analytical skills and understanding of financial concepts to support our financial planning and analysis activities.
• Able to work in a culture of collaboration, accountability, and continuous improvement.
• Possess excellent organizational skills and be detail oriented.
• Ability to obtain and maintain a DoD Secret Clearance.
• Must be able to speak, write, understand and communicate in English.
• Pursuant to various government contractual requirements, all applicants must be U.S. Citizens.
ADA Notations:
• Position requires the ability to hear and communicate clearly, orally and in writing.
• Uses vision to view screens, create and review documents; requires close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.
• Capable of using a keyboard effectively.
• Frequently required to sit for long periods of time, stand, walk and may occasionally lift and move at least 25 pounds.
• Office environment. Must be able to work in a busy, fast-paced environment.
Epsilon Systems Solutions, Inc. is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.
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