Project Finance Manager- Need Gas, Water or Oil industry
Job DescriptionJob Description
REMOTE 100% employer paid insurances!!
RESPONSIBILITIES
As the Project Finance Manager, you will play a pivotal role in overseeing financial aspects, ensuring compliance, accurate reporting, and strategic financial planning for the Projects P&L across the region. The ideal candidate to have a strong background in project finance, driving technical accounting compliance, and financial and operational internal controls. This role requires a commitment to process simplification and operational excellence to deliver accurate financial reporting and analysis.
Financial Oversight:
- Responsible for Project’s P&L and Balance Sheet, project level accounting and reporting, tracking Risk & Opportunities, Backlog, and provide regular reports to the Regional Project Director and Corporate team.
- Managing the quarterly financial closing for the project portfolio including revenue recognition, forecasting, reconciling variances between Actuals and Forecast / Budget.
- Ensure adherence to financial standards, policies, and US GAAP in project accounting.
- Provide support for external or internal audit requirements.
Project Financial Leadership:
- Collaborate with project teams to review contracts, understand key deliverables, terms, cash milestones, and payment terms.
- Prepare financials for quarterly project reviews, updating cost-at-completion estimates in partnership with Project Director/Project Managers and coordinating closely with cross-functional teams.
- Ensure project reviews accurately reflect project financial status, cash flow, and drive results to meet or exceed the As-sold project financials.
- Drive and support the Project team in resolving complex situations that arise during project execution, ensuring the best financial outcome for the company.
Performance Analysis:
Partner with the Project Manager/Project Director to analyze execution performance.
Propose action plans to improve contract margins, enhance cash profiles, and implement corrective action plans to mitigate identified risks.
Cross-functional Collaboration:
- Actively engage with Corporate FP&A teams to ensure accurate reflection of forecast and variances in financial reviews.
- Own the annual budgeting process for the P&L per the guidance from the Corporate Team.
REQUIREMENTS
- Bachelor's Degree from an accredited University or College.
- 8+ years of experience in Financial Reporting/Project accounting.
- Good track record of working in cross-functional team and ability to deliver financial results.
- SAP ERP system proficiency is must.
- Strong oral and written communication skills.
- Ability to influence others and lead teams.
- High level of organization, attention to detail and commitment to meeting deliverables.
- Ability to coordinate several projects simultaneously.
- Effective problem identification and solution skills.
- Proven analytical and organizational ability.
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