Senior Associate, FP&A

Location: Washington, DC, United States

Date Posted: Aug 18, 2026

About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team
The Senior Associate, FP&A, Federal Practice is a hands-on finance professional responsible for the financial planning and analysis supporting the Federal Practice, a strategic business unit within Public Sector Services (PSS). Reporting to the Federal Chief Administrative Officer, this role supports the practice’s budgeting, forecasting, and financial modeling, personally building models, producing analysis, and preparing reporting under the direction of Federal Practice and PSS finance leadership, and coordinating with A&M corporate finance, which owns the general ledger, close, and statutory reporting. As a financial partner to Federal Practice and PSS leadership, the Senior Associate helps translate financial and operational data into insight that supports financial discipline, resource optimization, and profitable growth from project level up through practice-wide level to support overall corporate objectives.

How you will contribute
PSS Financial Operations:

• Support the annual budget, forecast, and long-range plan for the Federal Practice — building the models, populating the numbers, and producing the outputs — in coordination with Federal Practice finance leadership, and roll results up into PSS-level planning.
• Track working capital, backlog, and sales pipeline week to week for the Federal Practice and Federal engagements, and report progress-to-target and notable trends to Federal Practice finance leadership.
• Support the financial models behind long-term strategic planning and growth initiatives.
• Produce the weekly and monthly KPI reporting — WIP, ETC/EAC, aging AR/AP, indirect spend, project profitability — analyzing the results and calling out risk areas in the write-up.
• Run variance analysis on P&L activity against plan and explain what’s driving the gaps.
• Build the headcount, compensation, and professional-development spend models that align financial planning with talent strategy, in coordination with Federal Practice finance leadership.
• Support optimization of the Federal Practice's talent resources by analyzing utilization and resource-allocation data to identify underused capacity and staffing imbalances, and share findings with Federal Practice finance leadership to inform reallocation decisions.
• Contribute to the design and rollout of new processes and tools to make the finance function faster and cleaner.
• Prepare the finance materials for leadership meetings.
• Support business leaders directly with the data analysis they need to make decisions.
• Source the data and analysis needed from A&M corporate finance, chasing inputs to keep the reporting cycle on schedule.
• Share tools, benchmarks, and best practices with other A&M business units.
• Take on ad-hoc analysis and projects as they arise.

Team Lead & Collaboration:

• Serve as team lead for the Financial Analyst, coordinating day-to-day priorities and workflow on project code set-up, invoicing, and related transactional work, and stepping in hands-on when volume or complexity requires it.
• Partner closely with the Financial Analyst, sharing feedback and building sound day-to-day financial and invoicing practices through close collaboration rather than formal supervision.

Travel Required:

• Travel may be required to A&M office sites

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or a related field; progress toward or completion of a CPA, CMA, or MBA a plus.
• Approximately 4-5 years of progressive experience in financial planning & analysis, including hands-on experience with financial modeling and management reporting.
• Familiarity with government-contracting environments (e.g., FAR/DFARS, contract types such as fixed-price, cost-plus, and time-and-materials) is a plus but not required.
• Strong command of financial principles, budgeting, forecasting, and financial modeling, with the technical depth to build the analyses personally.
• Excellent analytical, problem-solving, and strategic-thinking skills, with the ability to identify trends, drive actionable insights, and make data-driven decisions.
• Proven ability to communicate complex financial information clearly and quickly to Federal Practice and PSS leadership and other non-financial stakeholders.
• Ability to collaborate effectively with cross-functional teams and stakeholders at all levels of the organization.
• Results-oriented mindset, with a focus on delivering high-quality outcomes and exceeding internal-customer expectations.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple competing priorities.
• Availability to work extended hours as needed, particularly during peak budgeting, forecasting, and reporting cycles.
• Proficiency with financial systems and BI tools (e.g., SAP, Excel, Power BI, Tableau); familiarity with project-based accounting systems (e.g., Deltek Costpoint) a plus.
• High level of integrity, professionalism, and attention to detail.
• Experience informally coordinating or leading the work of junior team members a plus, with a collaborative, team-oriented approach.

The above description is intended to outline the general responsibilities and qualifications for the position. Specific duties and requirements may vary based on firm and practice focus areas, and client and internal customer needs.

Your journey at A&M
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.

Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k)-retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k)-retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part-time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M’s benefits programs.

The salary range is $90,000 - $140,000 annually, dependent on several variables including but not limited to education, experience, and skills. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.

Culture & Values

At Alvarez & Marsal, our core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity guide everything we do, shaping a culture rooted in entrepreneurship, impact, and integrity. We trust our people to take ownership early, contribute to meaningful challenges, and drive results that matter. We empower growth and champion diverse perspectives. Above all, we value doing the right thing. For those ready to roll up their sleeves, lead with integrity, and be difference makers, this is where it starts.

Equal Opportunity Employer

It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.