Regional Financial Manager

Baker Construction•Houston, TX

19h

About The Position

The Regional Financial Manager is a leader and business partner to the Regional President and leadership team, providing financial management, insights, and decision support to help deliver strategy, objectives, and project results. The role requires a strong understanding of construction operations and the project lifecycle—including estimating, scheduling, cost control, production tracking, change management, and project risk—to translate project performance into actionable financial insight. The manager leads regional financial planning, forecasting, reporting, investment analysis, and accounting controls. They work closely with regional executives, operations leaders, and project teams to evaluate financial performance, improve project forecasts and reporting, support project transitions, and ensure alignment with company standards and GAAP. The position may require occasional travel to job sites.

Requirements

Bachelor’s degree in accounting, finance, or construction management from a four-year college or university.
At least 8 years of experience, including 5 years in a project-driven business with cost accounting.
Understanding of job-cost and percentage-of-completion accounting principles and processes.
Proficiency in Microsoft Office programs such as Word, Excel, and PowerPoint.
Working knowledge of accepted accounting principles (GAAP).
Ability to read, analyze, and interpret accounting technical pronouncements, business periodicals, journals, and government regulations.
Ability to write reports, business correspondence, and procedures.
Ability to interpret instructions presented in written, oral, diagram, or schedule form.
Ability to communicate complex financial concepts and data in written and oral form.
Ability to work with mathematical concepts such as probability and statistical inference, and apply fractions, percentages, ratios, and proportions to practical situations.
Ability to present information effectively and respond to questions from groups.
Ability to evaluate and prioritize tasks.
Ability to define problems, collect information, establish facts, and draw valid conclusions.

Nice To Haves

Working knowledge of the Vista System.
CPA, MBA, and/or another advanced certification such as CCFIP.

Responsibilities

Lead development of the project-based annual financial plan, including targets and key drivers, in partnership with the regional executive team.
Perform financial scenario planning based on market conditions and other external factors, including risks, opportunities, and action plans.
Manage quarterly forecast updates and report changes, risks, opportunities, and plans to close gaps.
Lead development of department-level spending plans and ensure alignment with strategic and operating plans.
Support preparation of monthly Operations Management Reports with project-by-project anticipated cost-to-complete forecasts.
Monitor progress billings and aged accounts receivable, and initiate collection follow-up with project managers on slow-paying accounts.
Deliver financial analysis and actionable insights across markets, projects, customers, segments, resource planning, and cost structure; use CRM analysis to support goal setting.
Lead investment analysis to assess strategic fit, return on investment, and capital allocation.
Lead department-level financial reporting against budget and prior periods, providing actionable insights.
Ensure cost-code accuracy, quality analysis and reporting, and compliance with GAAP cost-of-goods-sold versus selling, general, and administrative standards.
Support month-end closing, including reconciling results to project manager projections, understanding drivers on jobs over 100%, and evaluating accrued costs.
Maintain deep knowledge of Vista and Power BI as the regional superuser, supporting users and optimizing analysis and reporting.
Ensure financial targets and in-process project performance measures support optimal results.
Participate in project transition processes and meetings to support successful transitions from estimating to operations.
Manage the SGA hourly-rate update process to ensure appropriate cost recovery and GAAP accuracy.
Ensure appropriate internal controls and reporting for subsistence, truck and gas rent, travel and entertainment, contingencies, retention, time-and-materials work, and government jobs.
Support project managers in tracking, monitoring, and adjusting critical project activities, such as retention, change orders, schedule adjustments, and delay orders.
Review estimate revisions, both internal and external, to ensure project measures and financials are fully updated.
Monitor project cash flow and over- or under-billings against company guidelines, and report discrepancies to leadership.
Partner with the Operations Manager on the Project Engage and Review Audit process to assess performance and improvement areas.
Review project forecasts for operational and financial reasonableness, including labor productivity, remaining work, schedule impacts, cost-to-complete assumptions, contingency use, change orders, and pending claims or delays.
Monitor project financial performance, including cost-code accuracy, estimate revisions, over- and under-billings, retention, time-and-materials work, government jobs, and cash flow, for alignment with company standards and GAAP.
Support project teams in improving cost coding, production reporting, change-order forecasting, cost-to-complete projections, and internal controls.
Establish and oversee implementation of regional accounting controls and procedures.
Conduct departmental administrative functions in accordance with Baker policies and applicable laws and regulations.