Director of Project Finance

Director of Project Finance

Summary:

In this position, you will play an integral role by serving as the Director of Project Finance partnering with our Renewables Energy Solutions Business Line to lead a best-in-class Project Finance Organization. You will be responsible for all aspects associated with the planning, forecasting, and reporting of the Business Line’s performance. Activities will include preparing, reconciling, analyzing, and reporting on revenue, backlog, commercial contracts, project performance, and other business line performance metrics. You will receive exposure to multiple levels across the Organization and will be able to develop a team of project financial analysts to support the production of financial and other business analyses, including the interpretation and investigation of data for operations. In this role, you will ensure all reporting activities are accurate and prepared within established timelines. This position requires being able to communicate at an executive level and with senior leaders in the organization. Good communication skills along with being able to improve the organization through system upgrades, standardization, employee development, and functional organization is a must. This position will report to the Vice President of Finance.

Essential Functions and Responsibilities:

1. Oversees and is responsible for the in the following activities:

· Partnering with Project Managers and Operations leaders to develop project controls strategies and policies that align with the Organization’s goals and objectives that support complete and accurate project cost and performance forecasting;

· Meets established deadlines for Revenue and Backlog submissions;

· Drafts and delivers project level actual versus budget/forecast variance analysis monthly, as well as monthly reports for distribution in analyzing results;

· Reviews monthly forecasting of financial results (backlog) and reconciles business line actual revenue against monthly forecasts;

· Leads the review of executed Contracts and Change Orders for accounting implications or other anomalies;

· Reviews the detailed analysis of Project expenses to provide adequate explanations for variances from forecast and budget in partnership with Operations counterparts;

· Develop and improve upon budgeting and forecasting models;

· Implements and ensures compliance with internal control procedures;

· Perform various ad-hoc analyses related to customer reconciliations, labor expenditures, project hours analyses versus budget, working capital cash position, low margin review, audit requests, etc.

2. Attends project meetings as applicable to support assigned areas. Attends project kick-off meetings to capture and process relevant data for set up of newly awarded projects onto financial systems and schedules. Attends monthly project review (MPRs) meetings to ensure understanding/concurrence of project status, potential issues, and the accuracy of the forecast.

3. Monitors the overall health of projects including but not limited to revenues, gross profit, receivables, and unbilled amounts, as well as project close outs and reconciliations.

4. Works closely with the Vice President of Finance to:

· Capture, assess and consolidate results;

· Drafts key reports such as monthly expense analysis, monthly utilization, headcount, revenue backlog analysis, and/or gross profit for assigned area;

· Develops and distributes executive summary with key metrics for the month

· Develop a strong, collaborative, cohesive team that has the skills and knowledge to support a growing organization;

· Craft and implement comprehensive strategies on the organizational design and effectiveness of the department’s people, processes, and technology across the Project Finance and Accounting spectrum;

· Proactively lead and influence significant functional changes, including the adoption of new project management solutions and the advancement of leading frameworks.

· Ensure Standard Operating Procedures are in place for all significant processes performed by the Project Finance team;

· Develop, implement and analyze KPIs to ensure acceptable levels of performance and to identify improvement opportunities;

· Adhere to accounting policies and procedures that are compliant with GAAP while maintaining internal controls over financial reporting.

· BA/BS degree in Business, Accounting, Finance, or equivalent education and experience;

· Minimum of 7+ years of applicable Accounting experience

· Renewables Energy or Construction experience preferred;

· Proficiency in Microsoft Office Suite (Word, Excel, and PowerPoint) is essential; Strong emphasis on Microsoft Excel skills (lookups, pivots, formula statements, etc.);

· Experience with Microsoft DataVerse and PowerBI a plus;

· Excellent written and verbal communication skills;

· Ability to work in a team-oriented environment and as a team member with excellent interpersonal skills;

· Exhibits a strong ability to handle multiple tasks and drive those tasks to completion while meeting appropriate timelines;

· A proven track record in leading and executing implementation processes.

Cinterra provides equal employment opportunities without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state laws.