Financial Cost Manager

NVR, Inc.

$75K — $95K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of financial analysis, costing, or economic analysis experience.
  • Ability to translate financial analysis into actionable operational recommendations.
  • Skilled in budgeting and negotiations.
  • Strong problem analysis and problem-solving capabilities.
  • Excellent communication skills, both written and oral.
  • Advanced proficiency in Microsoft Excel is crucial.
  • Bachelor's Degree in Accounting, Business, or Finance is required.
  • Experience in large manufacturing or real estate companies is preferred.

Responsibilities

  • Support the Division Manager in constructing cost-control strategies and profit maximization measures.
  • Manage a system to monitor costs and production variances for accurate projections.
  • Collaborate with peers across divisions to enhance profitability and streamline processes.
  • Initiate contracts and negotiations with subcontractors for optimal value and quality.
  • Update sales pricing and cost data for current and upcoming projects.
  • Estimate costs for new designs as part of the Division's strategic business plan.
  • Review and standardize construction components and methods.

Benefits

  • Opportunities for career advancement into broader financial management roles.
  • Exposure to strategic financial analysis on a corporate level.
  • Collaborative work environment with regional and corporate teams.
  • Pathway to influence significant financial decisions within the company.
Full Job Description
As the Financial Cost Manager for Ryan Homes, an NVR brand, you will provide the homebuilding division with financial and operational expertise. You will directly support the Division Manager in establishing, controlling and analyzing homebuilding construction costs and divisional profitability. Working with the Production Manager and their team, you are responsible for managing a comprehensive cost control system to ensure that each home is built within budget and recommend process improvements. If you are excited by an opportunity to expand responsibilities and have a path to broader regional or corporate financial analysis and management positions, we want to talk to you!

Primary Responsibilities
  • Support the Division Manager in analyzing and controlling construction costs and maximizing profits for all homes within the Division
  • Manage a cost control system that effectively and accurately measures costs and production variances and allows for accurate projections of operating results
  • Work with divisional, regional and corporate peers to drive continuous improvement of costs, profitability, processes, and systems, and ensure consistency of costing methods across the company
  • Initiate agreements and negotiations with sub-contractors that will maximize value, quality and delivery to NVR and the home buyer
  • Update and maintain sales pricing and cost information for all active and future communities
  • Project costs for new home designs and product offerings as part of the overall Division business plan
  • Review plans for standardization of components, options, and construction methods

Qualifications
  • 5+ years of experience of comparable financial analysis, costing, planning, or economic analysis with demonstrated attention to detail
  • Able to convert financial analysis into meaningful operational recommendations and drive action and process improvement
  • Skilled in budgeting and negotiating
  • Exceptional problem analysis and problem solving skills
  • Outstanding written and oral communications skills
  • Proficiency in Microsoft Excel at an advanced level is essential
  • Bachelor's Degree in Accounting, Business, or Finance required
  • Relevant costing and analysis experience is desired
  • Employment with a large manufacturing or real estate company preferred
  • Experience with new home or commercial construction preferred
  • MBA preferred

This position pays $XX,000 - $XX,000 per year and may also be eligible for a bonus based on achievement of performance criteria. Individual pay is determined by factors including the candidate's job-related skills, experience, relevant education, and location.

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