Mortenson Construction

Project Finance Operations Supervisor

Mortenson Construction$103K — $154K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, business administration, or related field; equivalent experience also acceptable.
  • Minimum of 7 years of relevant finance or accounting experience.
  • Experience with large ERP systems is crucial.
  • Intermediate skills in Microsoft Excel are required.
  • Strong customer service skills and a positive professional attitude essential.
  • Ability to grasp complex construction business concepts effectively.
  • Demonstrated leadership skills and capacity to direct a team.

Responsibilities

  • Manage a team of Project Accountants and oversee their performance.
  • Review contracts and summarize key terms for project set-ups.
  • Administer project set-up in line with contract requirements.
  • Prepare monthly project billings while addressing billing issues with customers.
  • Support project teams in developing financial projections and managing cost functions.
  • Lead financial reviews for project and operating group leadership, providing insights and recommendations.
  • Coordinate with Accounts Payable for vendor management and payments.

Benefits

  • Comprehensive medical and prescription drug plans, including vision coverage at no additional cost.
  • Dental insurance provided.
  • Robust 401(k) retirement plan with generous employer match.
  • Paid time off and holidays, plus additional paid leave options.
  • Employer-funded life, AD&D, and disability insurance.
  • Access to no-cost mental health resources and work-life concierge services.
  • Tuition reimbursement available to support professional development.
  • Adoption assistance program offered for employees.
Full Job Description
Job Description

SUMMARY

Mortenson's Federal Contracting and Chicago Operating Group is currently seeking a Project Finance Operations Supervisor to provide accounting, analysis, and financial support to the project teams. Strong communication skills are necessary as you will interact with staff at all levels in an ever-changing environment. Your ability to remain flexible, inventive, dedicated, and efficient with a high level of integrity and confidentiality is vital to your success in this role.

RESPONSIBILITIES
  • Manages a team of Project Accountants
  • Reviews contracts and understands contract terms, prepare summaries of key contract terms
  • Administration of project set-ups, ensuring conformity to the contract terms
  • Oversee the preparation of monthly project billings, in accordance with contractual requirements for both cost based and fixed price contracts:
    • Ensure that all costs are billed on a timely basis
    • Resolve customer or project team billing issues as they arise
    • Assist group leadership in the timely collection of contract billings
    • Follow up with customer contacts as requested and monitor overall cash position of projects to ensure favorable cash flow
  • Perform and review budget allocations
  • Provide assistance to project cost functions
  • Support project teams in developing Project Financial Projections (PFP)
  • Work with Accounts Payable to set up new vendors, coordinate payments, or daily check issuances
  • Set up new subcontracts, process subcontractor pay applications
  • Supervise the accurate and timely deployment of: project billing process, subcontractor certified payroll reports, and specialized reporting as requested
  • Support collections of receivables
  • Collect sales and use tax information
  • Support the billing, reporting, and inventory processes for equipment operations
  • Provide support for project audits
  • Preparation of the monthly financial reports
  • Lead and actively participate in project financial reviews for operating groups, providing insights and recommendations to project leadership, operating group leadership, and business partners.
  • Review and understanding of Job Schedule and Cash Position
  • Support percentage-of-completion processes, including revenue recognition scenarios
  • Participate in and lead assigned initiatives


QUALIFICATIONS
  • Bachelor's degree in accounting, finance or business administration or related field. Or equivalent years of experience.
  • Minimum of 7 years related experience
  • Previous experience with large ERP System
  • Intermediate Microsoft Excel skills
  • Positive professional attitude and strong customer service skills
  • Ability to understand complex construction business concepts
  • Excellent organizational skills and attention to detail; ability to handle multiple projects at a time
  • Strong written and oral communication skills
  • Ability to communicate complex financial concepts to internal and external customers
  • Leadership skills; ability to set direction and implement changes across a team
  • Effectively work with those of diverse backgrounds and organizational levels


A few benefits offered include:

(for Non-Craft & Non-Union Craft working 25+ hours / week)

For Union roles, please click here for benefit language.
  • Medical and prescription drug plans that includes no additional cost vision coverage
  • Dental plan
  • 401k retirement plan with a generous Mortenson match
  • Paid time off, holidays, and other paid leaves
  • Employer paid Life, AD&D, and disability insurance
  • No-Cost mental health tool and concierge with extensive work-life resources
  • Tuition reimbursement
  • Adoption Assistance
  • Gym Membership Discount Program


The base pay range for this role is $103,800 - $154,800. (Actual range is higher for the following office locations: Denver, CO and Chicago, IL - 5%, Seattle, WA, and Portland, OR - 10%, Washington, D.C. - 12.5%). This position is eligible for Mortenson's incentive plan.

Base pay is positioned within the range based on several factors including an individual's knowledge, skills, and experience, with consideration given to internal equity.

Please make note:
  • Visa sponsorship is not offered for this position.
  • Our postings are typically open a minimum of 5 days and an average of 44 days.


About Mortenson Construction

Mortenson Construction is a construction company that provides services in the areas of commercial, institutional, and energy construction. The company offers planning, design, and construction management services for various projects, including healthcare, education, sports, and entertainment facilities, as well as wind, solar, and hydroelectric power plants. Mortenson Construction serves clients in the public and private sectors, including federal, state, and local governments, as well as commercial and institutional clients. The company was founded in 1954 and is headquartered in Minneapolis, Minnesota.
Learn more about Mortenson Construction
Size
7,000 employees
Industry
Net Income
$200 million
5 Year Trend
+10%
Revenue
$5 billion

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