Project Business Manager

Balfour Beatty Communities•Austin, TX

About The Position

The Project Business Manager is a senior member of the management team led by the Project Manager and is responsible for the financial management of the project. The role maintains project financial records in accordance with BBII Standard Operating Procedures and GAAP, and oversees support functions such as invoicing, accounts payable, payroll, and report preparation. The manager provides monthly financial reports to divisional and corporate management, prepares detailed project and overhead cost and revenue forecasts, and maintains a control environment consistent with BBII SOPs for cash forecasting and management. Working hands-on in a team environment, the Project Business Manager oversees the preparation, evaluation, and accuracy of budgets and financial operating reports. The role monitors actual results against business performance indicators, analyzes variances from forecasts, budgets, and benchmarks, and recommends actions to management. It also supports continuous improvement, reviews operating expenses and cost-reduction opportunities, and leads a monthly SG&A review process. Other duties may be assigned by the Project Manager or Region Controller.

Requirements

  • Bachelor's degree in Accounting or Finance.
  • A minimum of 2–4 years of experience in engineering or construction, preferably on one or more heavy civil projects up to $50 million in size.
  • Equivalent combination of education and experience demonstrating the ability to perform the key responsibilities.
  • Knowledge of Generally Accepted Accounting Principles (GAAP).
  • Ability to collect and assemble data for financial reports.
  • Ability to analyze complex information and formulate decisions.
  • Knowledge of financial reporting, budgeting, and forecasting methods.
  • Ability to communicate effectively with operations.
  • Strong PC skills and software proficiency.
  • Strong managerial and leadership skills.
  • Budgeting and financial analysis skills.

Responsibilities

  • Manage the financial operations of the project, including project records and support functions such as invoicing, accounts payable, payroll, and report preparation.
  • Maintain financial records in accordance with BBII Standard Operating Procedures and GAAP.
  • Provide monthly financial reports to divisional and corporate management.
  • Prepare detailed project and overhead cost and revenue forecasts.
  • Maintain a control environment consistent with BBII SOPs for cash forecasting and management.
  • Work hands-on in a team environment.
  • Oversee the preparation, evaluation, and accuracy of budgets and financial operating reports.
  • Prepare accurate reports summarizing and forecasting income, expenses, and budget-versus-actual performance.
  • Monitor and report actual results against key business performance indicators.
  • Provide management with continuous improvement plans to sustain and drive improvements throughout the business.
  • Analyze financial report variances against forecasts, budgets, and benchmarks, and provide recommendations to management.
  • Review operating expenses, recommend cost-reduction opportunities, and lead a monthly SG&A review process.
  • Perform other duties as assigned by the Project Manager or Region Controller.
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