Senior Project Finance Analyst

Employer
HNTB
Location
Alexandria, VA
Posted
Sep 23, 2022
Closes
Oct 03, 2022
Ref
665414736
Hours
Full Time
What We're Looking ForIt's an exciting time to join our Finance Team in the Arlington,VA office supporting our largest client.Works closely with Office Finance Managers, project controls staff, and project managers to support our 4 for 4 performance on projects thru the project lifecycle (marketing, contracting, and delivery). Performs project analysis and coordination of tracking & reporting, all accounting month-end coordination, and drives cash management duties on your projects. As a subject area expert in HNTB business and accounting processes/controls to provides guidance to other Project finance staff and Project Managers. May support multiple project managers, departments and offices. Will have direct reports and support their development and training.Primary Focus Will Include:Ensures financial integrity by compliance to internal and external governance requirements (HNTB policies and procedures, Client requirements, Industry standard accounting requirements and Government requirements), weekly review of project costs, monthly earnings review & billings reconciliation, sub-consultant cost management and reconciliations, and accurate and timely estimate to complete reviews with project manager, annual overhead adjustments, and periodic review of project contract backlog and revenue/labor forecasting. Works with project manager and other project analysts to ensure accurate project revenue and costs accounting; ensuring the project financials are accurate in accordance with contract and internal and external financial processes and procedures.Analyzes financial reports/metrics and provides assessment to project team members in areas of budget, profitability, earnings variances, and cash flow. May create tools/independent spreadsheets to help analyze burn rate/earned value, earnings variances, and cash projections.Ensures effective cash management by creating and/or maintaining cash flow forecasts, internal and external invoice mapping procedures, coordinating updates/QC review of project billing notes and appropriate subconsultant PWP terms, communication of invoicing requirements to internal and externalparties, coordinating project invoice reporting requirements. Maintains effective client counterpart relationships to drive successful cash results. Proactively tracks and reports on receivables and delinquent billings. Establishes, monitors and drives action plans for effective cash resolution on projects.Provides input to the overall Project Management Plan in areas affecting cost and profitability, includes communicating project specific contract guidelines and/or procedures to project teams and ensuring adherence to those itemsMaintains effective client counterpart relationships to drive successful cash results. Proactively tracks and reports on receivables and delinquent billings. Establishes, monitors and drives action plans for effective cash resolution on projects.Provides training and mentoring to other project finance staff. May serve as a team leader or direct supervisor responsible for overall aspects of Career Planning & Development process, including goal setting, coaching, and performance evaluation of other project finance staff. Provides training to project managers on HNTB project business processes and procedures, office/project team members on areas of project business operations processes and controls, as applicable. Develops relationship with Client counterpart/other Stakeholders related to all aspects of project accounting.Assist project managers/other team members with providing proactive financial review/analysis and documentation for project review meetings, attends project review meetings and other project meetings as needed. Meets with project managers regularly to review burn analysis and recommendations and works with project manager to update cost projections to properly reflect current project status.Provides input to the overall Project Management Plan in areas affecting cost and profitability, includes communicating project specific contract guidelines and/or procedures to project teams and ensuring adherence to those items.Assists contracting/delivery managers and /or project managers with facilitating internal review processes of project agreements and work-at-risk documentation. May assist in preparation of draft templates under guidance from other team members. Reviews and provides information using historical data/research on client compensation practices, trends, risks, and opportunities. Reviews & ensures compensation language, billing requirements, other financial and/or reporting flow down appropriately to subconsultants/other partners. As part of the review process, makes recommendations for improved cash management and revenue enhancement opportunities; including highlighting improved invoicing approaches and cost recovery opportunities. May help build cost risk management approach for project (ie, non-billables, project overtime requirements, etc.Reviews and provides information using historical data/research on client compensation practices, trends, risks, and opportunities. Reviews & ensures compensation language, billing requirements, other financial and/or reporting flow down appropriately to subconsultants/other partners. As part of the review process, makes recommendations for improved cash management and revenue enhancement opportunities; including highlighting improved invoicing approaches and cost recovery opportunities. May help build cost risk management approach for project (ie, non-billables, project overtime requirements, etc.)Facilitates and assists in running and documenting project baseline and target gross margin scenarios, final contracted margin and ER with corresponding assumptions using HNTB standard tools & templates. Provides financial review of fee proposals. Transfers internal fee proposals into Client forms or templates for submission.Performs other duties as assigned.Preferred Qualifications and Skills:Bachelor's degree in Accounting, Finance, or BusinessKnowledge of Accounting/Financial Principles and PracticesGood communication skills (written and verbal)Proficient in Microsoft Excel and WordStrong conceptual and analytical skillsLeadership Skills (works well independently and in team environment, able to direct/manage others effectively, work with all levels of management, independent decision-making abilities)Excellent organizational skills and ability to multi-taskUnderstands professional services business model*IND#LI-DG1What You'll NeedEssential Responsibilities:Ensures financial integrity by compliance to internal and external governance requirements of HNTB policies and procedures, Client requirements, Industry standard accounting requirements and Government requirements, weekly review of project costs, monthly earnings review & billings reconciliation, subconsultant cost management and reconciliations, and accurate and timely estimate to complete reviews with project manager, annual overhead adjustments, and periodic review of project contract backlog and revenue/labor forecasting. Works with project manager and other project analysts to ensure accurate project revenue and costs accounting; ensuring the project financials are accurate in accordance with contract and internal and external financial processes and procedures.Ensures effective cash management by creating and/or maintaining cash flow forecasts, internal and external invoice mapping procedures, coordinating updates and QC reviews of project billing notes and appropriate subconsultant PWP terms, communication of invoicing requirements to internal and external parties, coordinating project invoice reporting requirements. Maintains effective client counterpart relationships to drive successful cash results. Proactively tracks and reports on receivables and delinquent billings. Establishes, monitors and drives action plans for effective cash resolution on projects.Provides input to the overall Project Management Plan in areas affecting cost and profitability, includes communicating project specific contract guidelines and/or procedures to project teams and ensuring adherence to those items. Provides training and mentoring to other project finance staff. May serve as a team leader or direct supervisor responsible for overall aspects of Career Planning & Development process, including goal setting, coaching, and performance evaluation of other project finance staff. Provides training to project managers on HNTB project business processes and procedures, office/project team members on areas of project business operations processes and controls, as applicable. Develops relationship with Client counterpart/other Stakeholders related to all aspects of project accounting.Facilitates and assists in modeling situational analysis for project baseline and target gross margin scenarios and providing strategies for improvement from the initial project engagement thru final negotiations. Documents final contracted margin and ER with corresponding assumptions using HNTB standard tools & templates. Provides financial review of fee proposals. Transfers internal system generated fee proposals into Client forms/templates and/or internal templates for additional analysis. Analyzes financial reports/metrics and provides assessment to project team members in areas of budget, profitability, earnings variances, and cash flow. May create tools/independent spreadsheets to help analyze burn rate/earned value earnings variances, and cash projections. Assists contracting/delivery managers and /or project managers with facilitating internal review processes of project agreements and work-at-risk documentation. May assist in preparation of draft templates under guidance from other team members. Reviews and provides information using historical data/research on client compensation practices, trends, risks, and opportunities. Reviews & ensures compensation language, billing requirements, other financial and/or reporting flow down appropriately to subconsultants/other partners. As part of the review process, makes recommendations for improved cash management and revenue enhancement opportunities; including highlighting improved invoicing approaches and cost recovery opportunities. May help build cost risk management approach for project (ie, non-billables, project overtime requirements, etc.)Assist project managers/other team members with providing proactive financial review/analysis and documentation for project review meetings, attends project review meetings/other project meetings as needed. Meets with project managers regularly to review burn analysis and recommendations and works with project manager to update cost projections to properly reflect current project status. Performs other duties as assigned.Minimum Qualifications:Bachelor's degree in Finance, Accounting, Business, Engineering or relevant degree5 years related experience in financial/project analysis or similar positionIn lieu of education, 9 years relevant experience in Architectural/Engineering industry or similar industry onlyAdditional InformationClick here for benefits information: HNTB Total RewardsClick here to learn more about EOE including disability and vetVisa sponsorship is not available for this position.#DG #FinanceAccountingLocations:Arlington, VA (Alexandria)NOTICE TO THIRD-PARTY AGENCIES:HNTB does not accept unsolicited resumes from recruiters or agencies. Any staffing/employment agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of HNTB. HNTB will have the right to hire that applicant at its discretion and without any fee owed to the submitting staffing/employment agency, person or entity. Staffing/employment agencies who have fee agreements with HNTB must submit applicants to the designated HNTB recruiter to be eligible for placement fees.

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