Senior Financial Manager

6 days ago

New York, New York, United States SLSCO Full time

Job Summary

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We are seeking a Senior Financial Controls Specialist to oversee financial management processes for a high-profile construction project in New York City. This role involves ensuring strong financial control and accountability throughout the project's lifecycle.

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Key Responsibilities:

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  • Monitor and report on project cash flow to ensure liquidity.\
  • 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.\
  • Provide variance reports and analysis, focusing on cost trends and deviations from the budget.\
  • Review and process overhead invoices, ensuring that all charges are correctly allocated to the project.\
  • Monitor indirect costs and provide accurate tracking of overhead expenses.\
  • Collaborate with procurement and operations teams to validate vendor and subcontractor invoices for accuracy.\
  • Ensure that internal controls are maintained and adhered to across the project to mitigate financial risk.\
  • Work closely with internal auditors to provide necessary documentation and data for project audits.\
  • Support the implementation of financial controls policies and procedures to ensure compliance with regulatory standards and company policies.\
  • Act as a key financial liaison between project teams, finance departments, and external stakeholders.\
  • Communicate financial status and control issues with project managers, external clients, and senior leadership.\
  • Support external auditors and regulatory bodies by providing accurate project financial data.\

Requirements:

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  • 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.\
  • Familiarity with compliance requirements and regulatory standards in the construction industry.\

Salary: $120,000 - $150,000 per annum.

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Benefits:

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  • Safe Harbor 401(k) Plan.\
  • Health insurance.\
  • Dental insurance.\
  • Vision insurance.\
  • Company-paid disability and life insurance.\
  • Voluntary life insurance.\
  • Paid sick time.\
  • Paid time off.\

SLSCO is an Equal Opportunity / Affirmative Action employer.

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