What You're Looking For
This opportunity entails being responsible for providing financial guidance to project teams, with a focus on budgets, profitability, earnings variances, cash flow, and contract compliance. The Project Analyst acts as the primary financial advisor throughout the project lifecycle, ensuring success in areas such as contracting, compensation and payment terms, workplan/project management system alignment, budgets, cost controls, revenue recognition, and cash and invoice management.
What You’ll Do:
- Engages and supports all financial aspects across the entire project lifecycle.
- Models and analyzes gross margin scenarios from initial engagement through final negotiations, offering revenue and cash performance recommendations and enhancement strategies.
- Ensures the accuracy of the PM system by overseeing changes to budget, commitments, forecasts, and expenditures, aligning work plans with client/contract requirements.
- Reviews and ensures timely and accurate invoice approval and payment applications according to client terms and requirements, including subcontracting needs. Collaborates with the project manager and cash management team to proactively resolve billing and revenue discrepancies.
- Generates and evaluates standard and ad hoc reports to identify and track potential cost issues and overruns. Investigates budget anomalies and resolves variances or escalates concerns to discuss actions.
- Forecasts and monitors project estimate-at-completion (EAC) by recording potential and actual changes to cost accounts, including change orders, trends, and deviations.
- Facilitates an efficient earnings review process with the project team, using GAAP and revenue recognition concepts to analyze project finance performance. Performs project revenue adjustments with general supervision.
- Escalates project performance that impacts office results to the office finance manager in a timely manner.
- Develops client and subconsultant relationships, ensuring effective client service and efficient subconsultant management.
- May offer guidance and mentorship to Project Finance Associates, including oversight of day-to-day work. Utilizes PFAs for routine transactional support.
- Performs other duties as assigned.
What You’ll Need:
- 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
What You'll Bring:
- 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.
- Developing an understanding of HNTB internal project finance/accounting processes.
- Intermediate data analysis skills, able to accurately analyze and interpret data to draw conclusions using tools such as Excel, HNTB's enterprise reporting system, and HNTB's project management system.
- Intermediate conceptual and analytical skills, driving action on data.
- Intermediate organizational skills, ability to multitask, and self-directed.
What We Prefer:
- Degree in relevant Finance, Accounting, Business, Engineering, or related field
- Knowledge of project financial management/cost controls
- Knowledge of accounting/financial principles and practices
- Knowledge of A/E industry
Additional Information
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Visa sponsorship is not available for this position.
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Locations:
Chicago, IL
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The approximate pay range for Illinois is $81,859.63 - $122,789.44. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Actual compensation will be dependent on factors, including but not limited to, the individual’s qualifications, experience, knowledge, skills, and abilities as well as physical work location within the state.
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The approximate nation wide pay range for this position is $74,417.85 - $139,533.46. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Actual compensation will be dependent on factors, including but not limited to, the individual’s qualifications, experience, knowledge, skills, and abilities as well as physical work location within the state.
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