Regional Finance Manager I

Responsibilities

• Manage the planning, organization, and financial activities related to project registrations, invoicing, WIP management, revenue recognition, and collections.
• Partner with Corporate Accounting and Operational Finance to maintain compliance with invoicing procedures according to industry practices and Company policies.
• Hire, train, mentor, develop, and manage performance of accounting professionals, including workload planning.
• Assist with financial activities related to project registrations, invoicing, WIP management, revenue recognition, and collections through guidance from Operational Finance.
• Act as a trusted partner to Project Managers, participating in meetings with regional leadership to address AR, WIP, and UR issues and collaborate on resolutions.
• Ensure compliance with invoicing procedures according to industry practices and company policies.
• Lead a team to produce accurate, timely, and consistent client invoices, project registrations, and effective collection efforts.
• Read, understand, and analyze project contracts related to billing and revenue recognition, assessing the impact of contractual language on project financials.
• Investigate and escalate financial or contractual project issues to Operational Finance and Operations Management.
• Coordinate regional billing and communicate billing services to Operations Project Management.
• Receive and act on quality assurance audits from Operational Finance regarding staff work quality.
• Support the evaluation and monitoring of workloads for regional accounting staff.
• Review aged WIP and AR to support strategic initiatives and report on excessive unbilled WIP and uncollected AR.
• Participate in internal and external client meetings to facilitate smooth workflow of project documentation, invoicing practices, and positive cash flow.
• Oversee the management of electronic project files related to financial documentation, including contracts, work authorizations, budget tracking, payment applications, client invoices, and internal approvals.
• Identify billing and/or accounts receivable discrepancies, research their origin, and execute corrective measures.
• Demonstrate proficiency in company software, including project registration systems, billing platforms, and collections tools.
• Provide training to Project Managers and support staff on financial reports and tools.
• Maintain a positive and professional attitude in interactions with peers, billing staff, managers, and clients.
• Perform data analysis as needed or requested.
• Actively participate in Operational Accounting initiatives, ERP system improvements, and ad hoc projects.
• Oversee regional procurement activities.
• Lead safety efforts for the team, ensuring adherence to safety rules and guidelines, and promote a safe work environment.
• Promote continuous quality monitoring and improvement on projects, monitoring quality standards and practices.
• Perform other duties as assigned.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field with a minimum of 8 years of experience. Alternatively, in lieu of a degree, a minimum of 12 years of related experience.
• Master’s degree preferred.
• Knowledge of accounting principles, practices, and procedures.
• Knowledge of common business processes including accounts payable, accounts receivable/invoicing, and financial reporting.
• Advanced knowledge of Excel, including proficiency with pivot tables, lookup, and advanced formulas.
• A valid driver’s license with acceptable violation history may be required.