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Project Financial Analyst
2 months ago
Project Financial Analyst
Qualifications:
Individuals in this role typically possess a bachelor's degree in a relevant business or technical discipline and demonstrate proficiency in project management software as well as standard office applications such as Excel. Strong project management capabilities and meticulous attention to detail are essential.
Key Responsibilities:
- Assist Project Managers and Directors with all financial and project oversight tasks, actively enhancing the financial outcomes of specific projects and the overall business unit.
- Support Directors in financial decision-making processes.
- Contribute to negotiations concerning project control matters.
- Identify and highlight potential risks and opportunities within projects.
- Oversee project execution.
- Provide financial insights for project planning.
- Maintain and update project budgets throughout their lifecycle.
- Drive efforts to optimize project cash flow, revenue, and profit margins in collaboration with Directors.
- Manage project risk effectively.
- Conduct monthly project evaluations with Project Managers.
- Monitor risks and opportunities, ensuring timely implementation of necessary mitigation strategies.
- Ensure all financial components of each project are accurately recorded in the financial system, including forecasts, billing, estimated completion costs, purchase commitments, projected revenue, and cash flow.
- Verify that all contractual performance obligations are met and that costs are accurately documented upon project completion.
- Project Accounting:
- Understand the principles of project cost accounting, including criteria for revenue recognition.
- Prepare project invoices and manage financial reporting, including site-specific accounting.
- Ensure the accuracy of project profit and loss statements, cash flow, and monthly/quarterly forecasts.
- Identify discrepancies and collaborate with Directors to implement corrective measures to meet annual operational targets.
- Engage in strategic planning discussions and translate outcomes into financial strategies that promote profitable growth.
- Compliance & Internal Control:
- Oversee the lifecycle of purchase orders from initiation to completion.
- Coordinate with the necessary teams for maintenance, repairs, and replacements.
Since 1969, Conti Corporation has been at the forefront of developing innovative design and construction solutions that meet job requirements while exceeding performance expectations. We provide a comprehensive range of construction services, from design/build to field installation, training, and maintenance across various sectors, including Renewable Energy, Electrical, Technology, Mechanical, Fire Suppression, HVAC+R, and Road + Underground.
Conti is an Equal Opportunity Employer. We do not discriminate based on race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other legally protected status. All employment decisions are made based on qualifications, merit, and business needs.