Arlington, VA30+ days ago
Ensure adherence to applicable accounting guidelines Ensure adherence to commercial terms and conditions and highlight associated risks Ensure accurate project forecasts, incorporating known risks and opportunities Execute internal controls related to Order-to-Cash Drive to improve project performance through change orders and supplier claims Review, verify and process project related transactions (purchase requisitions, invoices, etc.) Track, evaluate and work to mitigate contract penalties such as performance guarantees and liquidated damages for delays Organize project reviews throughout the life of each contract Report Non-conformance costs and help to identify Solution Groups Manage construction subcontractors and other suppliers to maintain project delivery timeline and quality Understand and manage sales, property, and personal tax requirements Work to continuously improve project onboarding and execution processes Qualifications and Experience 5+ years of financially managing large projects, preferably in the energy sector, including scopes of engineering, procurement and construction and equipment supply and services agreements Advanced understanding of project accounting methods, including POC revenue recognition Advanced knowledge of project related activities and the project lifecycle Advanced understanding of commercial contract terms and conditions Advanced understanding of project risk management requirements in the areas of insurance, securities, guarantees, liquidated damages, etc. Key Responsibilities Be financially responsible for a portfolio of projects within the Americas region Work closely with project managers to provide timely transparency around project performance against budget and maintain monthly Estimates at Completion for Revenue, Cost, and Margin.