Regional Project Finance Manager
ArdurraAbout the role
Ardurra is seeking a Regional Project Finance Manager to join our team in Meridian, ID!
Primary Function
Regional Project Finance Manager is responsible for overseeing revenue recognition and project financial tracking within the company, ensuring accurate reporting and profitability analysis. Key duties include managing the project accounting team, guiding them through budgeting, forecasting, and revenue recognition processes, while maintaining a focus on team development and internal controls. The position also involves working with the ERP system for project enrollments, maintenance, billing cycles, and receivables management, as well as assisting with audit support and acquisition integration. Effective communication with both internal and external stakeholders is essential, along with active participation in company-wide initiatives aimed at continuous improvement and quality assurance.
Candidate will also assist finance team, operations and management with other initiatives as needed.
Reports to: Director- Project Finance
Responsibilities/Accountabilities:
- Management of revenue recognition
- Serves as a resource to Management, Operations and Finance staff on revenue cycle performance
- Work with Operations and Project Accounting Team to conduct project/group/practice profitability reviews each period and as needed to validate earnings
- Identify, track and report on projects in financial distress
- Serves as a resource to Management, Operations and Finance staff on revenue cycle performance
- Investigate variances between actuals and budgets
- Track and report on KPIs/financial trends for all projects
- Assist with monthly close journal entries, reconciliations, and other analyses
- Assist with project/group/practice budgeting, forecasting, and developing estimates to complete
- Supervision of project accounting team
- Carries out supervisory responsibilities for Project Accounting Team. Responsibilities include interviewing, hiring, and training employees, as well as planning, assigning, and directing work, address complaints and resolving problems
- Mentor a team of Project Accountants, appraising performance, rewarding, and coaching employees to assist with their career advancement
- Cultivate a team-oriented environment while emphasizing the Team’s customer service role within the company
- Establish internal controls for procedures and practices in accordance with company policies, accounting procedures and contractual obligations related to project accounting
- Oversight of project financial tracking within company ERP systems
- Project Enrollments based on contract terms
- Project Maintenance
- Working with project team on keeping all project fields in ERP system updated/validated throughout project life cycle
- Client reviews, tracking and assisting with set up
- Vendor reviews, tracking and assisting with set up
- Project Closeouts
- Billing and Invoicing cycle
- Receivables tracking and collections
- Develop, plan, organize, and implement current and future strategies to bill clients, process payments, improve cash flow, and manage the overall health of the company’s receivables
- Perform complex analysis of projects, vendors, clients as needed
- Aide the acquisition integration team in the tasks of project accounting and revenue recognition; including conversion to company’s ERP system and financial reporting
- Work with external auditors and assist with audit requests
- Customer Service Internal & External
- Effectively communicate with staff, management, vendors, and clients
- Participates in company-wide initiatives as needed, to include quality assurance and continuous improvement initiatives
Required Skills and Qualifications:
- Minimum Experience - High School Diploma and 10+ years’ experience OR Bachelor’s degree and 5+ years’ experience in project accounting with a primary focus on revenue recognition.
- Strong initiative, attention to detail, analytical and problem-solving skills.
- Strong communication skills, possessing the ability to work with employees throughout the organization, vendors, and clients, while building long-distance positive relationships across offices.
- Capability to work independently, be a problem solver, self-starter, and adaptable
- Hardworking and adept to balance multiple priorities and to meet tight deadlines.
- Proficient in Microsoft Office Products, particularly Excel.
- Availability for occasional travel as needed between offices.
- Capable of handling highly sensitive
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