Balfour Beatty US

Project Business Manager

Balfour Beatty US$80K — $95K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance
  • 2-4 years of financial management experience on projects up to $50m
  • 1-2 years in engineering, construction, or manufacturing preferred
  • Knowledge of GAAP
  • Strong analytical and decision-making abilities
  • Effective communication skills with operational teams
  • Proficient in budgeting and financial analysis

Responsibilities

  • Maintain financial records according to SOPs and GAAP
  • Provide monthly financial reports to management
  • Prepare detailed forecasts for project costs and revenues
  • Ensure control environment aligns with company SOPs
  • Manage cash forecasting and appropriate cash flow
  • Monitor and report on key performance indicators
  • Analyze financial reports for variances and offer recommendations

Benefits

  • Opportunities for professional development
  • Collaborative team environment
  • Exposure to high-level project management
  • Engagement with senior management
  • Possibility to influence project financial strategies
Full Job Description


The Business Manager will be one of the senior members of the management team led by the Project Manager that is responsible for direction and management of the project.

Responsibilities:

The Business Manager shall have responsibility for the financial management of the project, including, without limitation:
  1. Maintaining the financial records of the project in accordance with BBII Standard Operating Procedures and GAAP, as well as all support functions (e.g., invoicing, AP, preparation of reports, etc.);
  2. Providing monthly financial reports to Divisional and Corporate Management;
  3. Preparing detailed Project and overhead cost / revenue forecasts;
  4. Maintaining a control environment consistent with BBII SOP's
  5. Cash forecasting and management.

Other Responsibilities:
  • Perform responsibilities in a "Hands-on" team environment;
  • Oversees the preparation, evaluation and accuracy of budgets and other financial operating reports;
  • Responsible for the preparation and accuracy of reports that summarize and forecast the financial position in regards to income and expenses and budget versus actual performance;
  • Monitor and report actual results vs. key business performance indicators. Provide management with continuous improvement plans to sustain and drive improvements throughout the business;
  • Analyze financial reports for variances from forecasted, budgeted, and benchmarked performance and provide recommendations to management team;
  • Review operating expenses and provide recommendation to management on ideas for cost reductions and lead a monthly SG&A review process;
  • Other duties as assigned by the Project Manager/Region Controller.

Required Experience
  • Bachelor's degree in Accounting or Finance.
  • 2-4 years of financial management experience on small projects up to $50m. Prefer a minimum of 1-2 years experience in the engineering, construction or manufacturing industry.
  • Equivalent combination of education and experience that demonstrates the ability to perform the key responsibilities of this position.
  • Knowledge of Generally Accepted Accounting Principles (GAAP).
  • Ability to collect and assemble data for the development of financial reports.
  • Ability to analyze complex information and formulate decisions.
  • Knowledge of financial reporting, budgeting and forecasting methods.
  • Ability to communicate effectively with operations.
  • Strong PC skills and software proficiency.
  • Strong managerial/leadership skills.
  • Budgeting and financial analysis skills.

About Balfour Beatty US

Balfour Beatty US is a construction and engineering company that provides a wide range of services to clients in the United States. The company is a subsidiary of Balfour Beatty plc, a UK-based construction and infrastructure company. Balfour Beatty US offers services in a variety of sectors, including commercial, healthcare, education, and transportation. The company is headquartered in Atlanta, Georgia and has offices throughout the United States. Balfour Beatty US is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact.
Learn more about Balfour Beatty US
Size
26,000 employees
Industry
NASDAQ

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