Project Financial Lead (TRAVEL REQUIRED)
Turner Construction Company
We do not know your resume yet
Upload your resume to unlock your actual match score and identify important JD keywords before applying.
Recruiters may search these ATS Keywords in your resume
Keywords
Job Description
Project Location(s): New York, NY 10001 USA
Minimum Years Experience: 8
Travel Involved: 90-100%
Job Type: Regular
Job Classification: Experienced
Education: Bachelors Degree
Job Family: Finance
Compensation: Salaried Exempt
Position can be performed from any US company office location, with opportunity for office and remote work. This role requires domestic travel.
Position Description: Manage financial execution of a large-scale and/or complex construction project and perform day-to-day tactical project accounting, cash flow management, forecasting, cost analysis, compliance, and internal controls. Primary financial contact for project team to confirm alignment between field operations, client, and financial procedures.
Essential Duties & Key Responsibilities:
- Provide project financial oversight and compliance from preconstruction through closeout for a large and/or complex construction project and provide financial guidance and communication to project stakeholders.
- Manage and conduct billing, receivables, and collections for project for efficient financial operations and to affect improvements in net working capital (NWC) and aligned with financial controls and company reporting standards.
- Confirm client contractual requirements and entitlements for billing, including reviewing owner contract analysis to determine billing deadlines, payments terms, billable and non-reimbursable expenses, agreements for insurance and fee billings, along with approved billing rates for staff and trade labor.
- Collaborate in development of project budgets, forecasts, profit plans, and cash flow models, in alignment with profit center goals and in conjunction with project leaders and relevant stakeholders.
- Review project budgets for accuracy and proper reflection of risks and impacts of potential enhancements, in line with owner contract and company policies and procedures.
- Lead implementation of owner audits, contribute and support Internal Review audits, and drive cost audit processes including Budget Analysis Reports (BARs), Cost-Audited BARs (CABs), and special studies as required per risk indicators.
- Lead month-end close for project, including work-in-place (WIP) analysis, cost-to-complete, revenue and earnings recognition, and reporting accuracy.
- Assess and summarize project financial performance indicators (e.g., cost, revenue, margin, cash flow) and present findings to project leadership and relevant stakeholders. Identify and communicate financial risks that impact project performance and earnings; align with project team on mitigation strategy and hold team accountable to action plan. Oversee and confirm compliance with Generally Accepted Accounting Principles (GAAP), company policies, and contract-specific financial requirements.
- Contribute financial information, issues, and recommendations in Operational Review Meetings (ORMs), Profitability Improvement Meetings (PIMs), and other financial health checks.
- Review project financial processes, cost coding, and forecasting practices for continuous improvement and to recommend enhancements to tools, templates, and workflows that improve project financial visibility and accuracy.
- Contribute to project forecasting process with operations, including Project WIP, General Conditions vs. General Requirements (GC/GR), and other project-related forecasts.
- May supervise other Financial team members, participate in hiring process, onboard new team members, deliver timely performance feedback for direct reports, contribute to performance appraisals during annual performance cycle, utilize talent management systems, and identify appropriate training to help with development needs.
- Facilitate project-specific training on financial systems, processes, and compliance standards to relevant project team and stakeholders.
- Other activities, duties, and responsibilities as assigned.
- Bachelor’s Degree from accredited degree program in Accounting, Finance, Engineering, or related field of study required with minimum of 8 years of related experience in project or construction finance supporting field operations or equivalent combination of education, training, and experience
- In depth knowledge of project accounting, billing, receivables, collections, financial cost control, cashflow management, forecasting, budget audits, and reporting procedures
- Ability to read, understand, and interpret contract language
- Thorough knowledge and application of Generally Accepted Accounting Principles (GAAP) and company policies
- Knowledge of audit procedures, including planning, techniques, test and sampling methods
- Able to make independent judgment for determining relevancy and importance of project risks
- Advanced analytical and problem-solving skills with ability to analyze and summarize issues, recommend corrective actions, and influence decision-making
- High degree of organization and attention to detail
- Strong dedication to integrity with ability to maintain discretion of confidential and sensitive information
- Professional written and verbal communication skills, able to clearly convey complex information to non-financial audiences and deliver difficult messages
- Self-motivated with ability to prioritize multiple complex and demanding tasks and priorities
- Demonstrate emotional self-awareness and responses to influence outcomes and manage relationships Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit, climb, balance, stoop, kneel, crouch, crawl, use hands to finger, handle or feel objects, tools, or controls, and reach with hands, talk, and hear. The employee frequently views a computer monitor and frequently uses a computer keyboard. Specific vision abilities required by this job include close vision, peripheral vision, depth perception, and the ability to adjust focus. Performance of the required duties require physical ability to climb permanent and temporary stairs, passenger use of construction personnel hoists, ability to climb ladders and negotiate work areas under construction. The employee is regularly required to be mobile, and the employee regularly travels both short and long distances via a variety of conveyances. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
- *The salary range for this position in NYC is estimated to be $ 140,000 -$ 220,000 annualized. * *The salary range for this position in Chicago is estimated to be $120,000 - $187,000 annualized. *
- The salary range for this position in Seattle and Los Angeles is estimated to be $128,000 - $200,000 annualized. *
About The Company
Turner Construction Company
Turner is a North America-based, international construction services company and is a leading builder in diverse and numerous market segments. The company has earned recognition for undertaking large, complex projects, fostering innovation, embracing emerging technologies, and making a difference for their clients, employees and community. OUR VISION To be the highest value provider of global construction services and technical expertise. Turner embraces a Lean management approach, and a culture that emphasizes collaboration, reliability of scheduling and delivery of the most value while consuming the fewest resources. Lean principles drive the efficient delivery of our services. Turner recognizes the importance of innovation and fostering a culture of continuous improvement. A key element of our company vision is to develop and embrace emerging technologies and processes. As part of our effort to achieve this vision, Turner has a culture where employees share their ideas and engagement with one another to develop innovative ideas as well as evaluate and implement improvements at Turner. Turner fosters a culture of diversity and inclusion in which all employees contribute creative ideas, seek challenges, and have the opportunity to grow. Our diverse and inclusive workforce positions the company to grow, enhances our presence in diverse markets, and helps us build enduring relationships with each other, industry partners, and our clients. Turner understands the environmental, social, and economic impact of our activities and that it is our responsibility to conduct our business in a transparent and ethical manner that supports our goals for client service, community involvement, environmental performance, financial strength and employee health, safety and well-being. Our core values of integrity, teamwork and commitment guide our activities and we expect the organizations with which we do business to share our commitments.
How to Apply Better for This Job
This section explains the correct next step without forcing sign-in immediately.
Check ATS score before applying
Scan your resume for ATS readability, formatting issues, missing sections, weak keywords, and content gaps.
Customize your resume for this JD
Match your resume with the job description and add gaap , audit , billing , cash flow , reporting , keywords where they fit naturally.
Find similar jobs too
Do not depend on one opening. Use your resume to find similar frontend jobs across relevant job platforms.
Ready with your customized resume?
Once your resume includes the right skills and is ATS-friendly, you can apply directly on the source platform.
Market Insights:Best Account Executive Jobs in India
Find the latest Account Executive jobs across top Indian cities. Compare job counts by location and apply where hiring demand is higher.