INTREN Regional Finance Manager in Brentwood, California
Regional Finance Manager
Location: Brentwood, CA
Job Title: Regional Finance Manager
Reports To : Regional Director
FLSA Status: Exempt
SUMMARY OF POSITION:
The Regional Finance Manager works under the guidance of and assists the Operations Controller in managing the oversight, preparation, analysis, and distribution of the regional internal and customer financial reporting. Responsibilities will include accounting and other special projects assigned by executive management from time to time and are summarized below.
Assist the Regional VP in directing the business process of the region in accordance with corporate policies.
Manage, review and assist with the monthly accounting close process including analytical review of the monthly operating results.
Reviews and documents analysis of project estimates on lump sum contracts to ensure compliance with generally accepted accounting principles
Manage, review and assist with providing data to the Regional VP and other operational personnel on operating costs data, including productivity reporting, equipment & labor utilization, per diem spend, and other back office and operational indirect expenses.
Supports Operations in preparation of monthly business review meeting by helping to prepare explanations of variances to budget and forecast.
Responsible for holding monthly major project reviews with Project Managers and document explanations of variances to bid.
Understand contract terms and conditions, be knowledgeable of contractual requirements, and recognize discrepancies
Manage Over 45 days Unbilled
Financial reporting of Actual Margins vs Planned Margins by work type, including explanations for variances
Work with Operations and Financial Controls to improve deficiencies that are driving negative margin variances (Production, L&E costs, etc).
Ensure that there are no over or understatements of Revenue or Cost monthly
Lump Sum - Work with PM-s to accurately report lump sum EAC with supporting documentation.
Equipment Cost Management
Improve absorption of equipment costs by identifying idle equipment, Incorrect internal rates, reduce ownership costs by buying/leasing instead of renting.
Drive cost reduction and accountability of tooling throughout the region
Reduce Idle Labor, charged to Indirects
Operational finance (Shared with Operations & Project Controls)
Identify cost saving areas
Weekly reviews with Operations/Project Controls Team to address financial issues
Attend monthly Business reviews
Responsible for training of Project Managers, Assistant Project Managers & Project Coordinators on use of company systems, including production, time entry, job set up, reporting, etc.
Overall responsibility of the billing and collections function of the region. Provide leadership and mentoring for Billing Specialists. Develop procedures and streamline processes that results in an improved collection cycle.
Responsible for the set-up of new Reporting Groups, including standard back office and field indirect job set up.
Document and standardize transaction processes. Review and recommend process improvements.
Assist with special projects as requested by Corporate and Regional Management.
Assist with financial system implementation and upgrades.
5years of related experience.
Experience in the construction or utility industry.
Bachelor-s degree in Accounting or Finance, CPA a plus.
Strong interpersonal and communication skills
Good presentation skills
Planning and organizational skills to balance and prioritize work
Must be willing to travel with their assigned region