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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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Project Finance Manager- Need Gas, Water or Oil industry

Company Confidential
Burlington, MA
Full time

Published on 01/29/2024

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