HNTB Sr Project Analyst / Project Finance in Detroit, Michigan
What We're Looking For
Works closely with office/project business managers, project controls staff, and/or project managers to support 4 for 4 performance: consistent delivery of quality work, on time, on budget, and to the client’s satisfaction on every project through the project lifecycle in areas of finance, contracting, and delivery. Performs project analysis and coordination, tracking & reporting, accounting month-end coordination, and cash management duties on assigned project(s). Provides guidance in HNTB internal project business/accounting processes and controls to other Project finance staff and to Project Managers. May support multiple project managers, departments and offices. This is considered a mid-level position and supports larger/more complex projects (typically $5MM+) or can assist in supporting multiple projects and or leading project finance staff.
Primary Focus Will Include:
We view projects as small companies with distinct roles, responsibilities, and profit and loss (P&L). The Project Manager is the CEO of the company and the Project Analyst is the CFO.
Responsible for leading all financial and analytical aspects of project finances for multiple complex/key client projects.
Involved in the full lifecycle of projects from the proposal phase through to close out.
Coordination with assigned project teams and client/subconsultant counterparts.
Review client/subconsultant agreements and provide recommendations for improvement of compensation and payment terms.
Provide information/guidance to project teams regarding office/corporate cash, earnings, and contracting policies.
Facilitation of client and subconsultant contract reviews.
Oversees budget entry and maintenance in Microsoft AX.
Cost and earnings analysis and reporting.
Cash planning, invoice review, and coordination.
Leads review of key project financials during monthly project reviews with Project Manager and Project Officer.
Maintain knowledge of contractual status of each project.
Lead a team of project finance staff (after completion of training).
Preferred Qualifications and Skills:
Prior experience in a project finance role with the A/E Industry
Master's degree in Business
12 years of related finance experience
Prior experience managing project finance staff
Project Management certification, Other Contracting/Project Management Certifications
Knowledge, Skills and Abilities
Knowledge of Project Management Processes/Project Controls
Knowledge of Accounting/Financial Principles and Practices
Good communication skills (written and verbal)
Proficient in Microsoft Excel and Word
Strong conceptual and analytical skills
Leadership Skills (works well independently and in team environment, able to direct/manage others effectively, work with all levels of management, independent decision-making abilities)
Excellent organizational skills and ability to multi-task
What You'll Need
Ensures financial integrity by compliance to internal and external governance requirements of HNTB policies and procedures, Client requirements, Industry standard accounting requirements and Government requirements, weekly review of project costs, monthly earnings review & billings reconciliation, subconsultant cost management and reconciliations, and accurate and timely estimate to complete reviews with project manager, annual overhead adjustments, and periodic review of project contract backlog and revenue/labor forecasting. Works with project manager and other project analysts to ensure accurate project revenue and costs accounting; ensuring the project financials are accurate in accordance with contract and internal and external financial processes and procedures.
Ensures effective cash management by creating and/or maintaining cash flow forecasts, internal and external invoice mapping procedures, coordinating updates and QC reviews of project billing notes and appropriate subconsultant PWP terms, communication of invoicing requirements to internal and external parties, coordinating project invoice reporting requirements. Maintains effective client counterpart relationships to drive successful cash results. Proactively tracks and reports on receivables and delinquent billings. Establishes, monitors and drives action plans for effective cash resolution on projects.
Provides input to the overall Project Management Plan in areas affecting cost and profitability, includes communicating project specific contract guidelines and/or procedures to project teams and ensuring adherence to those items.
Provides training and mentoring to other project finance staff. May serve as a team leader or direct supervisor responsible for overall aspects of Career Planning & Development process, including goal setting, coaching, and performance evaluation of other project finance staff. Provides training to project managers on HNTB project business processes and procedures, office/project team members on areas of project business operations processes and controls, as applicable. Develops relationship with Client counterpart/other Stakeholders related to all aspects of project accounting.
Facilitates and assists in modeling situational analysis for project baseline and target gross margin scenarios and providing strategies for improvement from the initial project engagement thru final negotiations. Documents final contracted margin and ER with corresponding assumptions using HNTB standard tools & templates. Provides financial review of fee proposals. Transfers internal system generated fee proposals into Client forms/templates and/or internal templates for additional analysis.
Analyzes financial reports/metrics and provides assessment to project team members in areas of budget, profitability, earnings variances, and cash flow. May create tools/independent spreadsheets to help analyze burn rate/earned value earnings variances, and cash projections.
Assists contracting/delivery managers and /or project managers with facilitating internal review processes of project agreements and work-at-risk documentation. May assist in preparation of draft templates under guidance from other team members. Reviews and provides information using historical data/research on client compensation practices, trends, risks, and opportunities. Reviews & ensures compensation language, billing requirements, other financial and/or reporting flow down appropriately to subconsultants/other partners. As part of the review process, makes recommendations for improved cash management and revenue enhancement opportunities; including highlighting improved invoicing approaches and cost recovery opportunities. May help build cost risk management approach for project (i.e., non-billables, project overtime requirements, etc.)
Assist project managers/other team members with providing proactive financial review/analysis and documentation for project review meetings, attends project review meetings/other project meetings as needed. Meets with project managers regularly to review burn analysis and recommendations and works with project manager to update cost projections to properly reflect current project status.
Performs other duties as assigned.
Bachelor's degree in Finance, Accounting, Business, Engineering or relevant degree
5 years related experience in financial/project analysis or similar position
In lieu of education, 9 years relevant experience in Architectural/Engineering industry or similar industry only
Click here for benefits information: HNTB Total Rewards
Click here to learn more about EOE including disability and vet
Visa sponsorship is not available for this position.
R-06655 Full Time #AK #FinanceAccounting
At HNTB, we are harnessing the power of collaboration and innovation to establish a new vision for the future of mobility across our country. You don’t have to look far to see our impact. For more than a century, HNTB’s spark has connected people and places, expanded opportunity, and left a lasting impact on our communities. Our culture of integrity and inclusion, combined with groundbreaking solutions, has affirmed our reputation and positioned our firm as the industry leader in delivering extraordinary value.
When you join HNTB, you are joining an employee-owned firm founded on the values of integrity, collaboration, personal accountability, respect for others, and the development of all employees. We are committed to the continual improvement of an inclusive and diverse workplace. We encourage our employees to bring their whole and authentic selves to work, provide them a meaningful welcoming environment where they are valued, celebrated and respected. Diversity of thought and unique perspectives drives innovation, engagement and retention, which makes HNTB better and brings value to our clients and our communities.
HNTB is an Affirmative Action and Equal Opportunity Employer .
HNTB does not discriminate on the basis of race, color, religion, sex, national origin, age, disability, pregnancy status, sexual orientation, gender identity, veteran status, genetic information, citizenship status, or other status protected by law. We will provide reasonable accommodations for qualified individuals with a disability where appropriate.
In compliance with the Immigration Reform and Control Act of 1986, we will hire only U.S. citizens and aliens lawfully authorized to work in the United States (if the position is or will be one which is subject to U.S. law).
Verification of employment eligibility will be required at the time of hire. Visa sponsorship is typically not available for entry level positions.
HNTB participates in E-Verify
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