Financial Analyst

4 weeks ago


Chicago, Illinois, United States Lorven Technologies Full time
Job Summary:

Lorven Technologies is seeking a skilled Financial Auditor to assist our current Prequalification Auditor during the months of April through October. This temporary role will involve analyzing financial statements, investigating discrepancies, and consulting with applicants on matters related to filing the Contractor's Statement of Experience and Financial Condition (CR-1).

Key Responsibilities:
  • Analyze compiled, reviewed, and audited financial statements for contractors and apply adjustments required by the Rules for Prequalification of Contractors within established time limits.
  • Investigate discrepancies found in the Contractor's Statement of Experience and Financial Condition (CR-1) based upon information found in separately prepared financial statements or notes to those financial statements.
  • Consult with applicant or applicant's CPA on a one-on-one basis on matters directly associated with filing of CR-1.
  • Answer questions regarding technical financial information from Certified Public Accountants and CPA firms about GAAP rules and state rules governing prequalification.
  • Prepare prequalification worksheet, which calculates the maximum balance upon which prequalification ratings are based.
  • Determine acceptability of renewal applications and process associated worksheets.

Requirements:
  • Familiarity with GAAP accounting standards and experience working with corporate balance sheets.
  • Construction company comptroller or accountant experience is ideal but not required.

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