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Senior Project Financial Analyst

2 months ago

Rochester, New York, United States Colliers Engineering & Design Full time
Overview

Colliers Engineering & Design is looking for a Senior Project Financial Analyst to become a vital part of our team. In this role, you will collaborate closely with project managers and financial teams to deliver comprehensive accounting support and insightful financial analysis. Your responsibilities will encompass the evaluation and reconciliation of billing and revenue discrepancies, executing revenue recognition tasks during month-end processes, and partnering with project leadership to oversee and budget projects effectively. This position may also involve overseeing project accounting staff.

Key Responsibilities

• Analyze and document project billing and revenue discrepancies, assisting project managers in resolving issues.

• Investigate and document Work In Progress (WIP) versus unbilled variances, ensuring timely processing of billings.

• Manage monthly revenue recognition for assigned projects, including thorough investigation, documentation, and resolution of any issues that arise.

• Aid in the setup of complex projects and tasks within our accounting systems.

• Ensure project setups in our systems comply with contractual agreements.

• Prepare preliminary invoices for Project Managers and collaborate on necessary adjustments, focusing on highly complex projects.

• Handle various contract billing types, including time & material, cost-plus fixed fee, lump sum, and fixed unit terms.

• Review invoices from subconsultants to confirm compliance with project contractual terms and accurate coding.

• Finalize and submit client invoices, which may involve preparing additional documentation and expense backup.

• Work alongside Project Managers to monitor and report on the financial status of their projects.

• Support budgeting and pricing strategies for projects.

• Assist with forecasting, backlog assessments, and burn rate evaluations.

• Provide analysis for staff utilization.

• Conduct project close-out evaluations.

• Review complex client invoices for accuracy and compliance.

• Compile information for internal and external audits as required.

• Train other team members as necessary.

• May involve supervising project accounting personnel.

• Perform additional accounting tasks or special projects as required.

Qualifications
  • Bachelor's Degree in Accounting, Business, or Finance.
  • Associate's Degree with relevant experience.
  • 5+ years of experience in accounting or a related field.
  • 2+ years of experience performing Project Accountant II duties with demonstrated proficiency.
  • Experience in the Architectural/Engineering/Construction (A/E/C) sector is preferred.
  • Proficient in reading, writing, and understanding English for effective communication in job-related contexts.
Compensation: $66,000-91,000K DOQ.

What We Offer

At Colliers Engineering & Design, our employees are our greatest asset. We are dedicated to fostering a safe and comfortable work environment, offering opportunities for career growth, and enabling our team to make a positive impact through their projects and company-sponsored initiatives.

This commitment begins with promoting work-life balance through a competitive compensation package that includes: company-paid medical, dental, and vision insurance; paid pregnancy disability leave; short- and long-term disability coverage; life insurance; a company-matched 401(k)/Roth plan; paid time off, including parental and military leave; bonuses for employee referrals and professional licenses; and a policy that compensates exempt employees for billable hours exceeding 40 in a work week.

We have cultivated an internal culture that provides the necessary resources and technology to support personal and professional development through education reimbursement; access to a free in-house resource for numerous educational and self-improvement courses; a mentorship program; a wellness initiative; a Women's Organization; and ongoing philanthropic opportunities.

Join us to discover how you can be part of our team of professionals, helping to Accelerate Your Success