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Project Financial Manager

2 months ago

Edmonton, Alberta, Canada Valard Full time
Job Description

A challenging opportunity has arisen for a highly skilled Project Financial Manager to join Valard Construction LP in Edmonton, Canada. The successful candidate will be responsible for leading the cost control and accounting functions on major projects.

Key Responsibilities:

  • Full Cost Control Lifecycle Management
  • Oversee and identify project variances and report to management recommended actions, margin adjustments, change order requests, claims development
  • Facilitate & Drive Cost Review Meetings (Weekly/Monthly/Quarterly)
  • Maintain current and forecasted cash flow data compared to how the project was bid
  • Maintain change order and claims log and follow up regularly on the status
  • Prepare a detailed project forecast based on the WBS using a crew based approach in alignment with an earned value/CPI based approach
  • Prepare a monthly reporting package which details key financial KPI's, risks and opportunities to the current forecast, cash flow projections, etc.
  • Support Project Director/Project manager in project financial management and divisional reporting
  • Contract Review & Application
  • Margin Generators through problem solving and cost reduction measures
  • Coordinate and Establish Rules of Credit. Involvement in customer invoicing per contract requirements and develop a good working relationship with your customer counterpart so you can ensure payments are made timely.
  • Manage with treasury if applicable that all parent guarantees, performance bonds and L/C's are in place when required and cancelled or reduced as the project progresses and/or finishes.
  • Monitor project accounting systems to ensure proper reporting, security and control.
  • Special projects as required.

Requirements:

  • Bachelor's Degree in a related discipline (Finance or Accounting)
  • Bachelor's Degree in Engineering or Construction Management may be considered
  • Strong project accounting experience including percentage of completion accounting
  • Minimum 5 years of direct experience leading the project accounting for large complex construction/EPC projects
  • Experience in tracking labor productivity and commodity reporting
  • Proficient in working with subcontractors which may be intercompany or third party providers

About Us:

Valard is Canada's premier utility contractor and part of the Quanta Group, the largest electrical power contractor in North America. We offer a dynamic work environment and excellent compensation package.

Estimated Salary: $110,000 - $130,000 per year, depending on experience.