Financial Project Coordinator
7 days ago
HNTB is a renowned company with over a century of experience delivering innovative solutions for complex infrastructure projects. As an employee-owner, you will have the opportunity to build meaningful careers and contribute to creating communities that matter.
Job Summary
We are seeking a skilled Financial Project Analyst to join our team in Los Angeles, CA. This role involves providing financial guidance to project teams, focusing on budgets, profitability, earnings variances, cash flow, and contract compliance.
Key Responsibilities
- Engage in all financial aspects across the entire project lifecycle.
- Analyze and model gross margin scenarios from initial engagement through final negotiations, offering revenue and cash performance recommendations and enhancement strategies.
- Ensure the accuracy of the PM system by overseeing changes to budget, commitments, forecasts, and expenditures, aligning work plans with client/contract requirements.
- Review and ensure timely and accurate invoice approval and payment applications according to client terms and requirements, including subcontracting needs. Collaborate with the project manager and cash management team to proactively resolve billing and revenue discrepancies.
- Generate and evaluate standard and ad hoc reports to identify and track potential cost issues and overruns. Investigate budget anomalies and resolve variances or escalate concerns to discuss actions.
- Forecast and monitor project estimate-at-completion (EAC) by recording potential and actual changes to cost accounts, including change orders, trends, and deviations.
- Facilitate an efficient earnings review process with the project team, using GAAP and revenue recognition concepts to analyze project finance performance. Perform project revenue adjustments with general supervision.
- Evaluate project performance that impacts office results and report it to the office finance manager in a timely manner.
- Develop client and subconsultant relationships, ensuring effective client service and efficient subconsultant management.
- May provide guidance and mentorship to Project Finance Associates, including oversight of day-to-day work. Utilize PFAs for routine transactional support.
Required Skills and Qualifications
- Bachelor's degree and 2 years of financial, project accounting/analysis, or related experience, or
- In lieu of education, 6 years of financial, project accounting/analysis, or related work experience
- Ability to manage ownership of the project finance responsibilities for small to medium projects or ownership of a portion of larger projects.
- Ability to read and comprehend contract requirements to ensure adherence.
- Intermediate data analysis skills, able to accurately analyze and interpret data to draw conclusions using tools such as Excel, enterprise reporting systems, and project management systems.
- Intermediate conceptual and analytical skills, driving action on data.
- Intermediate organizational skills, ability to multitask, and self-directed.
Benefits
We offer a comprehensive compensation package, including a salary range of $81,456.77 - $122,185.16 for the Los Angeles Metro Area and Orange County, CA location.
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