Financial Operations Manager

POWERX • Phoenix, AZ

9d • Onsite

About The Position

At POWERX, we take pride in being the premier provider of comprehensive power services, ensuring that power systems operate efficiently and reliably. Our commitment to quality and excellence is evident in our field services, engineering and consulting expertise, and adherence to certifications and regulations. Safety and performance are at the forefront of our integrated approach.
We are a people-first company, valuing integrity, respect, and teamwork. Our mission is to empower businesses by optimizing system performance, ensuring safety and compliance, and driving operational excellence with innovative solutions. At POWERX, we offer a dynamic environment where both experienced professionals and newcomers can grow, make an impact, and build a legacy.
Our vision is to lead the future of power systems with cutting-edge technology, sustainable practices, and a relentless focus on customer success. We are dedicated to expanding our expertise, locations, and services while maintaining our people-first philosophy. Partnering with POWERX means gaining a trusted team of passionate experts committed to delivering value and fostering lasting relationships. Join us in making power work for our clients and the communities we serve!

Requirements

• Bachelor’s degree in Business Administration, Finance, or a related field is preferred.
• 1 – 3 years of experience in business operations, preferably in the electrical engineering industry.
• Strong leadership and team-building skills.
• Excellent communication and interpersonal skills.
• Knowledge of GAAP, revenue recognition, internal financial controls and compliance.
• Proficiency in Microsoft Office and project management software.
• Strong analytical, organizational, and problem-solving skills with a focus on process improvement and achieving business objectives.
• Proven ability to manage financial processes, including budgeting, invoicing, and profitability analysis.
• Proficiency in NetSuite and Ramp required.
• Ability to handle multiple tasks and deadlines effectively.

Nice To Haves

• Familiarity with resource planning tools and project management systems preferred.

Responsibilities

• Oversee, enhance, or operate the "quote to cash" operations, including order and contract management, resource planning, invoicing, and receivables.
• Drive continuous process improvements.
• Conduct financial analyses to evaluate profitability.
• Identify key performance indicators (KPIs) for success.
• Perform market research to identify growth opportunities and develop strategic plans to expand into new and existing markets.
• Develop best practices and strategic initiatives for future growth.
• Participate in the implementation and execution of plans from start to finish, including schedules, resource allocation, and workflow management.
• Analyze historical and current job/project profitability at the individual project level; develop and track KPIs including margin, revenue per resource, and billing efficiency to measure project financial success and identify underperforming accounts.
• Measure progress toward corporate growth goals and recommend corrective actions as needed.
• Monitor the chart of accounts, including service item listings, to allow detailed financial monitoring and reporting.
• Maintain a resource planning system and integrate project schedules into weekly resource plans to meet utilization goals.
• Assist with the screening and recruiting of local talent.
• Assist with proposal review.
• Review pending orders and contracts to ensure compliance with pricing, scope of work, and liability insurance requirements are met prior to technical work starting.
• Maintain and improve processes and tools utilized to generate quotes.
• Prepare and maintain annually all MSA’s and time and materials contracts for review by management.
• Oversee the procurement and delivery of job-related materials.
• Monitor financial performance and make data-driven decisions to achieve targets.
• Create billing milestones to improve invoicing timeliness; review and approve invoices to ensure appropriate billing and rates.
• Review and enhance processes for quotation generation to improve accuracy.
• Perform monthly accounting reviews with a primary focus on job/project-level profitability analysis, including revenue recognition, cost tracking, margin variance, AP, AR, cash flow reporting, and resource utilization.
• Review AR aging reporting to identify and follow up on overdue accounts.
• Provide Project Managers with regular job profitability reports comparing budgeted versus actual costs, billings to percent complete, and gross margin trends to support timely corrective action.
• Ensure technical and financial data is backed up per company data retention policies.
• Perform additional responsibilities and tasks as required to support the organization's goals and adapt to evolving business needs.

Benefits

• Competitive Pay
• Incentives for Certifications
• Referral Bonus Program
• Tuition Reimbursement
• Medical, dental, vision, LTD, STD, Basic Life/AD&D, and other ancillary products
• 401k program with a company match
• Performance Program
• Paid Parental Leave
• PTO including Wellness Days and Paid Holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level