Project Financial Analyst

ACOMB OSTENDORF & ASSOCIATES LLC • Winter Park, FL

1d

About The Position

The Project Financial Analyst is responsible for the financial operations of assigned projects and owns project accounting functions, including project planning, forecasting, financial analysis, modeling, and reporting. The role performs its responsibilities in accordance with AOA’s values, beliefs, and policies.

The position works with project management teams and strategic partners to manage project budgets, controls, contracts, invoices, cash flow, and financial reporting. It supports projects throughout their lifecycle, from predevelopment bid reviews and buyout processes through monthly close and ongoing forecasting.

Requirements

• At least 5 years of project accounting and finance experience in a project-based accounting environment.
• Strong working knowledge of U.S. GAAP and its application across a wide range of finance and accounting areas.
• Superior analytical skills, sound business judgment, and strong communication skills.
• Advanced MS Excel and data management skills.
• Ability to learn new and complex concepts quickly.
• Resourcefulness and diligence.

Nice To Haves

• Familiarity with project management software products.

Responsibilities

• Oversee project financial procedures and controls, period close, report preparation, analysis, and variance reporting and presentation.
• Support project maintenance in required systems, including establishing WBS for internal projects, rate tables, and billing terms.
• Review inbound and outbound contracts for financial risks and exposures, and identify items to cost into proposals or in-flight projects.
• Perform billable project support as required by the client.
• Serve as a resource to strategic partners, including clients or owners, contractors, vendors, bank representatives, risk management, and senior leadership.
• Work with project management teams on predevelopment activities, including bid reviews and buyout processes.
• Establish and manage project budgets, adjustments, and EFC tracking.
• Identify and report financial risks and trends.
• Report on budget versus actuals, labor, commitments, and other ad hoc project reports within the assigned portfolio.
• Regularly review risk and buyout logs, contingency use, fund transfers, owner-furnished materials, and related tax strategies.
• Provide structure and discipline around internal controls.
• Review and process project invoices and contract payment applications, including AIA G702 and G703, for approval hierarchy, cost coding, contract compliance, payment milestones, capital-versus-expense classification, schedule-of-values integrity, field approvals, and required contract submittals, including statutory lien waivers for billable projects.
• Monitor and analyze project controls to develop more efficient procedures and use of resources.
• Maintain positive and informative relationships with vendors and contractors.
• Manage monthly financial close, reporting, budgeting, and forecasting.
• Proactively manage project cash through monthly and annual cash-flow planning and forecasting.
• Perform other duties as assigned.

Benefits

• Robust paid time off package.
• A variety of insurance coverages.
• Paid maternity leave.
• Paid paternity leave.
• Health and wellness benefits.
• Commuter benefits.
• Special reimbursements for cell phone use.
• Athletic classes.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed