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Financial Planning Specialist

4 months ago


Plano, United States K. Hovnanian Companies Full time

Prepare business unit's financial projections and measure accuracy of projections against actual financial performance. Perform detailed analyses which help senior management identify inefficient processes and or/business practices and their associated financial impact.Essential duties responsibilities include the following.

-Run monthly proformas to project future profitability and cash flow needs.
-Update the month, quarter and year-to-date schedules with actuals by the 5th business day of each month. Analyze all material variances against most recent financial plan and provide brief explanations to senior management.
-Review monthly financial statements to determine cost allocations, impairment reversals, CSDs, etc. are correct and communicate all potential discrepancies.
-Participate in monthly Land Development meetings. Inquire about variances from previous budgets (major cost-overruns, "give-backs", etc.). Monitor contingency to ensure budget is adequate for remaining cost to complete.
-Review/prepare white books prepared by Land Acquisition and validate proforma assumptions (i.e., revenue, cost, absorption, etc.).
-Prepare tri-annual financial plan.

Bachelor's degree in Accounting/Finance preferred along with 2-4 years of related experience.

K. Hovnanian is committed to supporting our staff, offering a competitive benefits package that includes medical, dental and vision coverage, 401(k) plan, life insurance, discounts on mortgages, homes, appliances, and much more.