Project Finance Analyst I

Description

• Models and analyzes gross margin scenarios from initial engagement through final negotiations, offering revenue and cash performance recommendations and enhancement strategies.
• Forecasts and monitors project estimate-at-completion (EAC) by recording potential and actual changes to cost accounts, including change orders, trends, and deviations.
• Supports and may facilitate an efficient earnings review process with the project team, using GAAP and revenue recognition concepts to analyze project finance performance. Performs project revenue adjustments with general supervision.
• Reviews and ensures timely and accurate invoice approval and payment applications according to client terms and requirements, including subcontracting needs. Collaborates with the project manager and cash management team to proactively resolve billing and revenue discrepancies.
• Developing conceptual and analytical skills, interpreting and taking/driving action on data.
• Works with and utilizes PFAs for routine transactional support.
• Engages and supports all financial aspects across the entire project lifecycle.
• Developing organizational skills and the ability to multitask.
• Ensures the accuracy of the PM system by overseeing changes to budget, commitments, forecasts, and expenditures, aligning work plans with client/contract requirements.
• Generates and evaluates standard and ad hoc reports under guidance to identify and track potential cost issues and overruns. Investigates budget anomalies and escalates concerns to discuss actions.
• Develops client and subconsultant relationships, ensuring effective client service and efficient subconsultant management.
• Escalates project performance that impacts office results to the finance supervisor in a timely manner.

Requirements

• Emerging understanding of project finance/accounting processes.
• Knowledge of project financial management/cost controls
• In lieu of education, 4 years of financial, project accounting/analysis, or related work experience.
• Ability to read and comprehend basic contract requirements.
• Degree in relevant Finance, Accounting, Business, Engineering, or related field
• Developing data analysis skills, able to accurately store, interpret, and present data using tools such as Excel, enterprise reporting systems, and project management systems.
• Knowledge of A/E industry
• Knowledge of accounting/financial principles and practices
• Bachelor’s degree, or
• Ability to manage ownership of the project finance responsibilities for smaller, low-risk projects or assist in larger projects.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance