Senior Project Analyst

Senior Project Analyst

12 Apr 2024
Pennsylvania, Philadelphia, 19113 Philadelphia USA

Senior Project Analyst

What We're Looking ForAt HNTB, you can create a career that is meaningful to you while building communities that matter to all of us. For more than a century, we have been delivering solutions for some of the largest, most complex infrastructure projects across the country. With our historic growth, it is an exciting time to join our team of employee-owners.This opportunity entails being responsible for providing financial guidance to project teams, with a focus on budgets, profitability, earnings variances, cash flow, and contract compliance. The Project Analyst acts as the primary financial advisor throughout the project lifecycle, ensuring success in areas such as contracting, compensation and payment terms, workplan/project management system alignment, budgets, cost controls, revenue recognition, and cash and invoice management.What You’ll Do:

Leads and supports all financial aspects across the entire project lifecycle.

Models and analyzes gross margin scenarios from initial engagement through final negotiations, offering revenue and cash performance recommendations and enhancement strategies.

Performs client contract review; assessing payment and compensation terms and recommends opportunities for revenue enhancement and positive cash performance.

Ensures the accuracy of the PM system by overseeing changes to budget, commitments, forecasts, and expenditures, aligning work plans with client/contract requirements.

Reviews and ensures timely and accurate invoice approval and payment applications according to client terms and requirements, including subcontracting needs. Collaborates with the project manager and cash management team to proactively resolve billing and revenue discrepancies.

Generates and evaluates standard and ad hoc reports to identify and track potential cost issues and overruns. Investigates budget anomalies, resolves variances, and establishes cost risk management approaches with the project manager.

Forecasts and monitors project estimate-at-completion (EAC) by recording potential and actual changes to cost accounts, including change orders, trends, and deviations.

Leads an efficient earnings review process with the project team, using GAAP and revenue recognition concepts to analyze project finance performance.

Provides timely communication of project performance that impacts office results to the office management team.

Cultivates client and subconsultant relationships, ensuring effective client service and efficient subconsultant management.

Provides training and onboarding for project management staff on HNTB project management processes and procedures as needed.

Offers guidance and mentorship to Project Finance Associates and earlier career Project Analysts, including oversight of day-to-day work. Utilizes PFAs for routine transactional support.

Develops and delivers learning and training to educate others about various aspects of HNTB’s best business practices, including financial systems, contracting, cost management, financial performance metrics, revenue recognition, earnings mechanics, and cash management.

Performs other duties as assigned.

What You’ll Need:

Bachelor’s degree and 7 years of financial, project accounting/analysis, or related experience, or

In lieu of education, 11 years of financial, project accounting/analysis, or related work experience

What You'll Bring:

Ability to manage ownership of the project finance responsibilities for large or highest risk/most complex projects.

Ability to read and comprehend contract requirements to ensure compliance and greatest profitability outcomes.

Advanced understanding of HNTB internal project finance/accounting processes, seen as subject matter expert in those areas and trusted advisor to project finance staff and project managers.

Advanced data analysis skills in tools such as Excel, HNTB's enterprise reporting system, and HNTB's project management system. Able to develop new, dynamic approaches to processing, interpreting, and analyzing data to drive effective action.

Thoroughly understands client and project deliverables and effectively utilizes the project finance team to accurately accomplish in an appropriate time.

Ability to draw conclusions and compose effective information from data, knowledge of appropriate end users and tailors product to the need/person to leverage in decision making.

Excellent organizational skills, ability to multitask, and self-directed.

What We Prefer:

Project Management certification, and/or other contracting/project management certifications

Bachelor's degree in relevant Finance, Accounting, Business, Engineering, or related field

Master's degree in business or engineering

Knowledge of project financial management/cost controls

Knowledge of accounting/financial principles and practices

Knowledge of A/E industry

Additional InformationClick here for benefits information: HNTB Total RewardsClick here to learn more about EOE including disability and vetVisa sponsorship is not available for this position.#RV.Locations:Philadelphia, PA (Pennsylvania)..........NOTICE TO THIRD-PARTY AGENCIES:HNTB does not accept unsolicited resumes from recruiters or agencies. Any staffing/employment agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of HNTB. HNTB will have the right to hire that applicant at its discretion and without any fee owed to the submitting staffing/employment agency, person or entity. Staffing/employment agencies who have fee agreements with HNTB must submit applicants to the designated HNTB recruiter to be eligible for placement fees.Job Type: RegularFull/Part Time: Full timeJob Category: Finance GroupReqID: R-20026

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