Financial Control Specialist
4 days ago
We are seeking a skilled Financial Control Specialist to oversee financial management processes for a high-profile construction project in New York City. As a key member of our team, you will play a critical role in managing cash flow reporting, budget tracking, and creating detailed financial reports.
The ideal candidate will have deep expertise in financial control mechanisms, project budgeting, and cash management, with a background in large-scale construction or infrastructure projects. They will also work closely with project managers, finance teams, and external stakeholders to ensure financial stability and transparency.
Key Responsibilities:
- Monitor and report on project cash flow to ensure liquidity throughout the project's duration.
- Develop cash flow forecasts and ensure alignment with project milestones and expenditures.
- Track incoming and outgoing cash related to the project, ensuring accurate reconciliation of accounts.
- Track project budgets, ensuring expenditures are aligned with project financial plans.
- Identify and analyze budget variances, working with project teams to address any discrepancies.
- Assist in updating project forecasts based on changes in scope, timeline, or cost drivers.
- Generate and distribute financial reports to stakeholders, highlighting project financial status, cash flow, and overheads.
- Prepare detailed financial performance reports for senior management, providing insights into project health.
Requirements:
- Bachelor's degree in finance, accounting, or a related field.
- Minimum 7 years of experience in financial controls, project accounting, or cash management, preferably in the construction or infrastructure sector.
- Advanced Excel skills.
- Strong understanding of GAAP, IFRS, and project accounting principles.
- Excellent communication, analytical, and organizational skills with the ability to work on multiple projects simultaneously.
- Prior experience with large-scale construction projects in New York City or similar metropolitan areas.
Salary Range: $120,000 - $160,000 per year.
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