Financial Analyst

2 weeks ago

Farmington Hills, United States Avance Consulting Full time
Job DescriptionJob Description

General Information

Job Title :Financial Analyst

Team/Department: Finance Manager

Reporting to: Controller

FLSA Status: Exempt

Position Summary:

The Finance Manager will play a pivotal role in managing financial aspects related to construction projects. This position involves preparing loan draw requests, coordinating with contractors, lenders, and management, maintaining a paperless office system, budget preparation, expenditure analysis, subcontractor payment processing, and warranty claim management.

Success Measures:

Success measures include adherence to the company policies, flawless execution of tasks, and meeting or exceeding personal qualitative and quantitative key performance indicator (KPI) metrics.

Duties and Responsibilities:

 Prepare monthly loan draw requests for multiple construction projects.

 Act as a liaison between contractors, lenders, and management to ensure smooth communication and coordination.

 Establish and maintain a paperless office system, ensuring organized storage of key correspondence, contracts, bills, sworn statements, liens, and other documents related to construction projects and accounting.

 Develop project budgets, including cost schedules, and collaborate with field personnel to adhere to budget constraints.

Communicate any variances to management and initiate re-budgeting or re-forecasting processes as necessary.

 Conduct analysis of project expenditures and project accounting transactions to ensure accuracy and compliance.

 Review and process subcontract and consultant payment requests in a timely manner.

 Monitor subcontractor contracts and commitments to ensure adherence to terms and conditions.

 Manage construction warranty claims efficiently and effectively.

Managerial Responsibility:

This role acts as an individual contributor with no direct reports.

Key Fiscal Responsibilities:

This role has budgetary and financial oversight responsibilities.

Qualifications:

These guidelines can be used to make a list of qualifications required (or preferred) to perform the job successfully.

 Strong understanding of construction project management processes and financial principles.

 Proficiency in accounting software and Microsoft Office Suite.

 Excellent communication and interpersonal skills, with the ability to effectively liaise between different stakeholders.

 Attention to detail and ability to organize and manage large volumes of documentation.

 Ability to work independently and collaboratively in a fast-paced environment.

 Strong analytical and problem-solving skills.

 CPA is a plus.

Education/Licenses:

Bachelor's degree in Accounting, Finance, or related field.

Work Experience:

Previous experience in construction accounting or related field preferred.

Equipment and Technology Requirements

 Advanced Proficiency in Microsoft (Word, Excel, and Access)

 Proficiency in QuickBooks Online (QBO)

 Proficiency in G Suite

 Proficiency in Procore

 Proficiency in Enterprise resource planning (ERP) systems and related technologies

Other Competency Requirements:

An initial assessment of competency will be completed during the interview period and evaluated on an ongoing basis.

 Ability to follow written instructions

 Ability to use computers and computer/software programs

 Ability to communicate expressively and receptively

Knowledge and Skills:

 Strong understanding of process and controls.

 Strong organizational skills

 High degree of diplomacy in handling sensitive and/or confidential information.

 Interpersonal skills are necessary for interacting with Consultant, Cities, and colleagues;

 Accuracy, attention to detail, ability to work independently, and proficient time management skills are required;

 Experience identifying and understanding issues, problems, and opportunities;

 Ability to understand major objectives and break them down into meaningful action steps;

 Ability to compare data from different sources to draw conclusions and use effective approaches for choosing a course of action or developing appropriate solutions.

Interpersonal Demands:

 Frequent interaction with other functional teams, including leaders

 Frequent interaction with key internal and external stakeholders

Decision Making:

 Frequently making complex decisions that could impact multiple projects and the business.

 Sometimes making decisions with prior approval from leader

Working Conditions:

 The company’s office hours are Monday through Friday from 8:00 AM – 5:00 PM. Flexibility is set with the employee's direct manager or supervisor, considering factors such as job responsibilities, team dynamics, and business needs. It's important to note that while we support flexibility, the goal is to maintain high levels of productivity and performance. If productivity issues arise adjustments may be made in consultation with the employee and their supervisor to ensure that work objectives are met effectively.

 Additional time or occasional shifts in schedule may be required to complete the above work or meet company objectives.

Physical Demands:

This role will require sitting most of the day as well as walking and standing periodically. This role may require close visual acuity on computer screens or monitors and the ability to analyze data and figures on a screen.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion,color, national origin, gender, sexual orientation, age, marital status, Veteran status, or disability status. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities, or working conditions associated with theposition. The company reserves the right to amend this job description at any time, with or without written notice.

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