Construction Project Financial Analyst

Position Summary

The Project Financial Analyst serves as a strategic financial partner to Project Managers and Operations Leaders, helping ensure the financial health and success of construction projects from kickoff through closeout. This role combines project accounting, financial analysis, forecasting, and operational support to provide visibility into project performance, costs, commitments, billings, cash flow, and profitability.

The ideal candidate has experience supporting construction projects and understands how project financial management impacts overall project execution. This individual will work closely with Project Managers to monitor budgets, analyze variances, manage billing and cost reporting, identify financial risks, and provide actionable insights that drive project success.

Key Responsibilities

Project Financial Management

• Partner with Project Managers to monitor and analyze the financial performance of active construction projects.
• Review project budgets, costs, committed costs, forecasts, and profitability throughout the project lifecycle.
• Assist Project Managers with financial planning, cost projections, and revenue forecasting.
• Identify potential cost overruns, budget variances, and financial risks and recommend corrective actions.
• Support project closeout activities, including final cost reviews and reconciliation.

Reporting & Analysis

• Prepare and maintain project financial reports, dashboards, and performance metrics.
• Analyze project financial results and communicate trends, risks, and opportunities to
• Operations and Finance leadership.
• Track key project indicators including gross margin, earned revenue, billing status, cash flow, and profitability.
• Assist with Work-in-Progress (WIP) reporting and project reviews.
• Develop ad hoc financial analyses to support operational decision-making.

Billing & Cost Management

• Support customer billing processes and ensure timely, accurate invoicing.
• Review project expenses and validate cost allocations.
• Monitor committed costs, subcontractor costs, purchase orders, and change orders.
• Partner with Project Managers to improve cost controls and financial accountability across projects.
• Assist with collections and resolution of billing discrepancies as needed.

Cross-Functional Partnership

• Serve as a trusted financial resource for Project Managers and Operations teams.
• Help translate financial data into actionable business insights for field and project leadership.
• Collaborate with Accounting, Operations, and Executive Leadership to ensure alignment on project performance and reporting.

Minimum Qualifications

• Bachelor's degree in Accounting, Finance, Business, Construction Management, or related field.
• 3+ years of experience in project accounting, project finance, construction accounting, or financial analysis within the construction industry.
• Experience supporting commercial construction, specialty contracting, MEP, mechanical, electrical, plumbing, or related construction operations.
• Strong understanding of job costing, project budgets, forecasting, billing, and project financial reporting.
• Ability to interpret financial information and communicate findings to non-financial stakeholders.
• Advanced proficiency in Microsoft Excel.

Preferred Qualifications

• Experience supporting projects ranging from $1 million to $300 million in value.
• Experience with ERP, accounting, and project management systems such as Sage Intacct, BuildOps, or similar platforms.
• Experience supporting multiple Project Managers and large-scale projects simultaneously.
• Knowledge of WIP reporting, revenue recognition, and construction financial management practices.

Benefits

• Competitive pay based on experience.
• Health, dental, and vision insurance.
• Paid time off and holiday pay.
• Opportunities for professional development and certification assistance.