Project Financial Lead (San Diego)

Turner Construction Company•San Diego, CA

6d•$135,000 - $170,000•Onsite

About The Position

Manage the financial execution of a large-scale and/or complex construction project. This role involves day-to-day tactical project accounting, cash flow management, forecasting, cost analysis, compliance, and internal controls. The Project Financial Lead serves as the primary financial contact for the project team, ensuring alignment between field operations, the client, and financial procedures.

Requirements

Bachelor’s Degree from an accredited degree program in Accounting, Finance, Engineering, or related field of study required.
Minimum of 8 years of related experience in project or construction finance supporting field operations or equivalent combination of education, training, and experience.
In-depth knowledge of project accounting, billing, receivables, collections, financial cost control, cash flow management, forecasting, budget audits, and reporting procedures.
Ability to read, understand, and interpret contract language.
Thorough knowledge and application of Generally Accepted Accounting Principles (GAAP) and company policies.
Knowledge of audit procedures, including planning, techniques, test and sampling methods.
Able to make independent judgment for determining relevancy and importance of project risks.
Advanced analytical and problem-solving skills with ability to analyze and summarize issues, recommend corrective actions, and influence decision-making.
High degree of organization and attention to detail.
Strong dedication to integrity with ability to maintain discretion of confidential and sensitive information.
Professional written and verbal communication skills, able to clearly convey complex information to non-financial audiences and deliver difficult messages.
Self-motivated with ability to prioritize multiple complex and demanding tasks and priorities.
Demonstrate emotional self-awareness and responses to influence outcomes and manage relationships.

Responsibilities

Provide project financial oversight and compliance from preconstruction through closeout for a large and/or complex construction project.
Provide financial guidance and communication to project stakeholders.
Manage and conduct billing, receivables, and collections for the project to ensure efficient financial operations and improve net working capital (NWC), in alignment with financial controls and company reporting standards.
Confirm client contractual requirements and entitlements for billing, including reviewing owner contract analysis to determine billing deadlines, payment terms, billable and non-reimbursable expenses, agreements for insurance and fee billings, and approved billing rates for staff and trade labor.
Collaborate in the development of project budgets, forecasts, profit plans, and cash flow models, in alignment with profit center goals and in conjunction with project leaders and relevant stakeholders.
Review project budgets for accuracy and proper reflection of risks and impacts of potential enhancements, in line with owner contract and company policies and procedures.
Lead implementation of owner audits, contribute to and support Internal Review audits, and drive cost audit processes including Budget Analysis Reports (BARs), Cost-Audited BARs (CABs), and special studies as required per risk indicators.
Lead month-end close for the project, including work-in-place (WIP) analysis, cost-to-complete, revenue and earnings recognition, and reporting accuracy.
Assess and summarize project financial performance indicators (e.g., cost, revenue, margin, cash flow) and present findings to project leadership and relevant stakeholders.
Identify and communicate financial risks that impact project performance and earnings; align with the project team on mitigation strategies and hold the team accountable to action plans.
Oversee and confirm compliance with Generally Accepted Accounting Principles (GAAP), company policies, and contract-specific financial requirements.
Contribute financial information, issues, and recommendations in Operational Review Meetings (ORMs), Profitability Improvement Meetings (PIMs), and other financial health checks.
Review project financial processes, cost coding, and forecasting practices for continuous improvement and to recommend enhancements to tools, templates, and workflows that improve project financial visibility and accuracy.
Contribute to the project forecasting process with operations, including Project WIP, General Conditions vs. General Requirements (GC/GR), and other project-related forecasts.
May supervise other Financial team members, participate in the hiring process, onboard new team members, deliver timely performance feedback for direct reports, contribute to performance appraisals during the annual performance cycle, utilize talent management systems, and identify appropriate training to help with development needs.
Facilitate project-specific training on financial systems, processes, and compliance standards to relevant project team and stakeholders.
Perform other activities, duties, and responsibilities as assigned.