Project Financial Advisor

About Us TRC, Member of WSP, is a global consulting environmental and engineering firm and one of the top design firms in the energy sector. Together, TRC and WSP’s 83,000 experts create positive, long-lasting impacts for our communities and our clients in the power and energy, transportation and infrastructure, environmental, and property and buildings sectors. As part of our team, you’ll discover a world of opportunities to connect with innovative thinkers, forge your path, and have fun tackling the world’s most challenging projects. At TRC, Member of WSP, you can have a rewarding career on every level. TRC has long set the bar for clients who require more than just engineering, combining science with the latest technology to devise innovative solutions that stand the test of time. From pipelines to power plants, roadways to reservoirs, schoolyards to security solutions, clients look to TRC for breakthrough thinking backed by the innovative follow-through of an industry leader. We recognize that the expertise of our staff is our strongest asset, so we generously reward employees for successful performance and invest in their careers through training and the development of new skills and certifications. Overview The Project Financial Advisor (PFA) acts as a trusted finance partner to project delivery teams, ensuring alignment of financial outcomes with enterprise objectives. The role spans the entire project lifecycle across project budget setup review, revenue recognition, and timeline project financial reviews, by delivering disciplined financial stewardship and analysis. PFAs advise on profitability monitoring, working capital management for projects and compliance while contributing to sound decision-making and risk identification across a portfolio that ranges in a complexity of projects independently and supporting more complex projects with guidance. Responsibilities Financial Partnering & Project Support Contribute to the sound financial management of projects by working as an active financial partner to Project Managers, ensuring adherence to contractual obligations and financial termsProvide guidance on initial project setup, including Work Breakdown Structure (WBS) development, budgeting, rate selection, and pricing tool development inputs Advise on project financial planning and risk identificationSupport the review of category rates and labor structures to help maintain project recoverability and financial performanceReview labor structures (e.g., non-billable time, cap rates, and labor breakage) to identify and flag areas for rate optimization and margin improvementAdvise on project funding, billing methods, and rates for assigned projectsIdentify and communicate margin-related observations and cost-to-serve considerations to support financial performanceSupport the assessment of financial impact of subcontracts to ensure alignment with prime contract and profitability objectives Financial aspects of Contract Execution, Structure & Policy Compliance Monitor execution of customer contracts for financial nuances (fee type, caps, retentions, deliverable-based triggers i.e., scheduled billing, milestones, CPFF [Cost-Plus-Fixed-Fee])Review and validate project structure in Project Portfolio Management (PPM): WBS, funding, billing methods, rates, tax, revenue method, and project/contract master dataEnsure compliance with financial policies, delegations of authority, and revenue recognition standardsCoordinate and review Disadvantaged Business Enterprise (DBE)/ Women Business Enterprise (WBE)/ all business enterprise categories (XBE) reporting requirements Forecasting, Planning & Financial Alignment Perform margin impact and financial impact calculations and provide support in identifying reasons for variability in project marginsMonitor the project-level forecast cycle for assigned projects, ensuring accuracy, timeliness, and alignment with FP&A targetsReview project budgets and forecasts to support the Project Manager in validating assumptions and financial accuracyMonitor mitigation action plans as directed by the Project Manager and report progress to the PFA ManagerPerform revenue accruals, whenever required, throughout project delivery; advise on other financial adjustmentsManage sub-contracting activities including requisition and Purchase Order (PO) creation (in alignment with Procurement), supplier/subcontractor invoice processing, and partner with PFO Managers on Accounts Payable (AP) payment requests Project/Portfolio Performance Management Contribute to project performance reviews through analyses and commentary on relevant financial indicators (e.g., forecast accuracy, working capital, revenue recognition, change control)Review key measures and financial tracking, including client-specific reporting requestsMonitor performance against Key Performance Indicators (KPIs) and flag variances promptly to Finance Business Partners with recommended corrective actionsParticipate in review meetings with Project Managers; deliver actionable insights on key performance drivers, risks, and required decisionsInvestigate recurring financial variances and escalate findings with observations to the PFA ManagerValidate proper contract setup controls to ensure revenue recognition in-line with company policiesSupport active monitoring of Work at Risk (WAR), including tracking, business impact assessment, reporting, and follow-up to support timely contract execution and complianceProvide guidance to Project Managers (PMs) on project closeout in cases where specific contractual requirements apply (e.g., retainage, final payment confirmation) Audit, Assurance & Customer/Regulatory Responses Respond to customer audit requests, coordinate evidence and formal responses with Controllership and DeliveryReview and collaborate with project team on finance-specific responses to audit requests (internal or external)Ensure records, calculations, and decision logs are audit-ready and retained per policy. Cross-Functional Integration & Escalation Resolution Collaborate with PFOs, Billing, Collections, Cash App, FP&A, Controllership, and business teams to address escalationsProactively escalate recurring issues through management to contribute to process improvement initiatives that enhance financial outcomesIdentify and assign time and cost transfers and allocations; review and adjust project costs as needed Finance Business Partnering Activities Foster a strong understanding and consistent application of corporate financial governance and controls across the businessIdentify and escalate any financial exceptions to PFA Manager to resolve issues at source to maintain project integritySupport Operations and Business Finance teams in delivering initiatives aimed at improving efficiency and financial performanceSupport project financial performance monitoring and documentation, and assist the PFA Manager and Finance Business Partners (FBP) in explaining variances and impact on P&LSupport in identifying future cost pressures and potential loss-making projects, ensuring the business is made aware and mitigations are put in place Qualifications Bachelor’s Degree in Accounting, Business, or closely-related discipline, (or demonstrated proven equivalent experience)1 to 3 years of project finance or commercial finance experience in engineering, construction, or professional servicesSuitable qualifications/accreditations in Accounting/Finance/Business relevant to the jurisdiction(s) you are operating withinProficiency expectation is mostly Developing / Working, with some Practiced capability in recurring activities such as Project Target & Performance tracking and Project-Based AccountingSolid grasp of project accounting, financial reporting, Estimate at Completion / Estimate to Complete (EAC/ETC) forecasting processes, and margin analysisExperience in commercial support (e.g., project integration, contracts, Work in Progress (WIP)/ Revenue Recognition)Demonstrated experience supporting a multi-project portfolio with hands-on forecasting and reporting accountabilityAdvanced Excel skills and proficiency in MS Office and ERP tools (Oracle preferred)Experience with PowerBI or other data visualization tools (advantageous)Self-starter who can work independently as well as collaborativelyComfortable working in a fast-paced environment with multiple prioritiesExceptional stakeholder relationship management and engagement skills with the ability to influence delivery, commercial, and finance leadershipCritical thinking and problem-solving skills required to apply learned subject matter and technical knowledge to reach conclusions from data collation, documentation, statistical analysis, and arriving at the most effective, economical, and logical solution.Effective/Strong Capable interpersonal and communication skills when interacting with others, expressing ideas effectively and professionally to an accounting and non-accounting audienceStrong planning, prioritization, and time management abilitiesStrong analytical and problem-solving capabilities with a focus on actionable insightsProven track record of upholding workplace safety and ability to abide by WSP’s health, safety and drug/alcohol and harassment policies Benefits*: TRC offers a competitive benefit package consisting of: Medical, dental, vision, and disability insurance.401k package that includes both traditional and Roth IRA options and Company match.Paid time off contingent upon full time or part time status and level of seniority (ranging from 15 to 25 days per year).All full-time employees enjoy a minimum of 8 Paid Holidays per year.TRC ensures that all employees, including those that work part-time, receive paid sick, family, and disability leave in accordance with the laws of their state of residence.These benefits are applicable to US employees depending on their employment status (full time, part time, or temporary). TRC offers jurisdiction specific benefit packages for International and Puerto Rico employees. Compensation: In accordance with local law, the below salary range is applicable for the job and location associated with this requisition. Compensation will vary based upon experience, education, skill level, geographical location, and other compensable factors. Other Compensation: Employee may be eligible for participation in the Company’s annual Discretionary Bonus Program which is contingent on Company, Business Segment, and Individual performance against Key Performance Indicators which vary by year and employee. Disclaimers TRC is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other characteristic protected by applicable law. All employment decisions are made based on qualifications, merit, and business needs. We celebrate diversity and are committed to creating an inclusive environment for all employees. The complete job description and application are available on TRC’s career site. TRC accepts applications for this position on an ongoing, rolling basis and reserves the right to cancel this posting at any time. Salary Range USD $60,000.00 - USD $91,000.00 /Yr.