Project Financial Lead (TRAVEL REQUIRED)

About the role

This role manages financial execution of large-scale and/or complex construction projects, providing oversight and compliance from preconstruction through closeout. It involves financial guidance and communication to project stakeholders, managing billing, receivables, and collections, and leading audits and financial processes.

Responsibilities

• Provide project financial oversight and compliance from preconstruction through closeout.
• Manage and conduct billing, receivables, and collections for project.
• Confirm client contractual requirements and entitlements for billing.
• Develop and manage project budgets, forecasts, profit plans, and cash flow models.
• Review project budgets for accuracy and reflect risks and impacts of potential enhancements.
• Lead implementation of owner audits, contribute to Internal Review audits, and drive cost audit processes.
• Lead month-end close for project, including WIP analysis, cost-to-complete, revenue and earnings recognition, and reporting accuracy.
• Assess and summarize project financial performance indicators and present findings to project leadership and stakeholders.
• Identify and communicate financial risks impacting project performance and earnings; align with project team on mitigation strategies.
• Oversee and confirm compliance with GAAP, company policies, and contract-specific financial requirements.
• Contribute financial information, issues, and recommendations in Operational Review Meetings, Profitability Improvement Meetings, and other financial health checks.
• Review project financial processes, cost coding, and forecasting practices for continuous improvement and recommend enhancements.
• Contribute to project forecasting process with operations, including Project WIP, GC/GR, and other project-related forecasts.
• Supervise other Financial team members, participate in hiring process, onboard new team members, deliver timely performance feedback, contribute to performance appraisals, utilize talent management systems, and identify appropriate training.
• Facilitate project-specific training on financial systems, processes, and compliance standards to relevant project team and stakeholders.

Requirements

• Bachelor’s Degree from accredited degree program in Accounting, Finance, Engineering, or related field of study required with minimum of 8 years of related experience.
• In-depth knowledge of project accounting, billing, receivables, collections, financial cost control, cashflow management, forecasting, budget audits, and reporting procedures.
• Thorough knowledge and application of Generally Accepted Accounting Principles (GAAP) and company policies.
• Knowledge of audit procedures, including planning, techniques, test and sampling methods.
• Advanced analytical and problem-solving skills with ability to analyze and summarize issues, recommend corrective actions, and influence decision-making.
• High degree of organization and attention to detail.
• Strong dedication to integrity with ability to maintain discretion of confidential and sensitive information.
• Professional written and verbal communication skills, able to clearly convey complex information to non-financial audiences and deliver difficult messages.
• Self-motivated with ability to prioritize multiple complex and demanding tasks and priorities.

Qualifications

• Ability to read, understand, and interpret contract language.
• Able to make independent judgment for determining relevancy and importance of project risks.
• Ability to make independent judgment for determining relevancy and importance of project risks.
• Ability to make independent judgment for determining relevancy and importance of project risks.
• Ability to make independent judgment for determining relevancy and importance of project risks.
• Ability to make independent judgment for determining relevancy and importance of project risks.
• Ability to make independent judgment for determining relevancy and importance of project risks.
• Ability to make independent judgment for determining relevancy and importance of project risks.
• Ability to make independent judgment for determining relevancy and importance of project risks.
• Ability to make independent judgment for determining relevancy and importance of project risks.
• Ability to make independent judgment for determining relevancy and importance of project risks.

Skills

• Project accounting
• Billing and receivables management
• Financial cost control
• Cashflow management
• Forecasting and budgeting
• Audit procedures
• Financial reporting
• Communication and presentation skills
• Problem-solving and analytical skills
• Attention to detail
• Leadership and supervision skills
• Training and development skills

Benefits

N/A

Pay

The salary range for this position in NYC is estimated to be $140,000 - $220,000 annualized. The salary range for this position in Chicago is estimated to be $120,000 - $187,000 annualized. The salary range for this position in Seattle and Los Angeles is estimated to be $128,000 - $200,000 annualized.

Schedule

N/A