Job Description:
POSITION SUMMARY
The Financial Analyst I role provides financial reporting, analysis, and project support under the guidance of Finance leadership and senior team members. This role supports budgeting, forecasting, job cost analysis, WIP and project reporting, and financial data validation while building knowledge of construction project cycles, financial systems, and company reporting processes. The Financial Analyst I supports the monthly cost-to-complete process, backlog revenue and margin reporting, variance analysis, process improvements, and technology enhancements by compiling data, preparing reports, documenting findings, and learning established Finance processes.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Participate in monthly cost-to-complete review meetings with Project Managers and Finance team members; assist in documenting over/under billing adjustments, approved change orders, and expected margin changes for review.
- Assist with tracking backlog revenue and expected profit margins by compiling data, preparing reports, and escalating questions or discrepancies for review.
- Support profit fade analysis by collecting data, researching variances, preparing summaries, and assisting with follow-up activities.
- Prepare job cost and general ledger adjusting entries for review and approval in accordance with established Finance procedures.
- Assist with tracking inventory valuations and recording inventory usage for jobs, under guidance from Finance team members.
- Support process improvement efforts by documenting current processes, identifying potential efficiency gains, and assisting with approved technology enhancements.
- Assist in developing and generating dashboards and monthly reporting packages for Project Managers, Service Group VPs, and Executive Leaders.
- Support WIP reporting, project reporting, project forecasting, and financial data validation across relevant systems and processes.
- Assist with project structure, data governance, billing, and collections support as directed.
- Prepare standard reports, scorecards, and financial summaries for review by Finance leadership and operational stakeholders.
- Assist with year-end audit reconciliations and account analysis by preparing schedules, gathering supporting documentation, and researching reconciling items.
- Learn and apply company financial systems, construction terminology, job cost processes, and established reporting standards.
- Keep supervisor informed of known issues or actions that may affect the ability to successfully complete assignments or m