Project Analyst I

What We're Looking For

At HNTB, you can create a career that is meaningful to you while building communities that matter to all of us. For more than a century, we have been delivering solutions for some of the largest, most complex infrastructure projects across the country. With our historic growth, it is an exciting time to join our team of employee-owners.
This opportunity entails being responsible for providing financial guidance to project teams, with a focus on budgets, profitability, earnings variances, cash flow, and contract compliance. The Project Analyst acts as the primary financial advisor throughout the project lifecycle, ensuring success in areas such as contracting, compensation and payment terms, workplan/project management system alignment, budgets, cost controls, revenue recognition, and cash and invoice management.

What You'll Do:

• Engages and supports all financial aspects across the entire project lifecycle.
• Models and analyzes gross margin scenarios from initial engagement through final negotiations, offering revenue and cash performance recommendations and enhancement strategies.
• Ensures the accuracy of the PM system by overseeing changes to budget, commitments, forecasts, and expenditures, aligning work plans with client/contract requirements.
• Reviews and ensures timely and accurate invoice approval and payment applications according to client terms and requirements, including subcontracting needs. Collaborates with the project manager and cash management team to proactively resolve billing and revenue discrepancies.
• Generates and evaluates standard and ad hoc reports under guidance to identify and track potential cost issues and overruns. Investigates budget anomalies and escalates concerns to discuss actions.
• Forecasts and monitors project estimate-at-completion (EAC) by recording potential and actual changes to cost accounts, including change orders, trends, and deviations.
• Supports and may facilitate an efficient earnings review process with the project team, using GAAP and revenue recognition concepts to analyze project finance performance. Performs project revenue adjustments with general supervision.
• Escalates project performance that impacts office results to the finance supervisor in a timely manner.
• Develops client and subconsultant relationships, ensuring effective client service and efficient subconsultant management.
• Works with and utilizes PFAs for routine transactional support.
• Performs other duties as assigned.

What You'll Need:

• Bachelor’s degree, or
• In lieu of education, 4 years of financial, project accounting/analysis, or related work experience.

What You'll Bring:

• Ability to manage ownership of the project finance responsibilities for smaller, low-risk projects or assist in larger projects.
• Ability to read and comprehend basic contract requirements.
• Developing data analysis skills, able to accurately store, interpret, and present data using tools such as Excel, enterprise reporting systems, and project management systems.
• Developing conceptual and analytical skills, interpreting and taking/driving action on data.
• Developing organizational skills and the ability to multitask.

• Project accounting life cycle management for assigned projects including revenue forecasting/recognition and project risk analysis.
• Support of project contracting function including client/subcontract agreement execution tracking, cost estimate audits, and certification of insurance coverage verification.  
• Project setup support for new and existing projects including change order processing for budget reallocations.
• Accounts payable verification for assigned projects incurred costs including subcontractor accounts payable and other direct costs in relation to client contract requirements.
• Timely processing of labor and expense corrections.
• Cash management support in relation to timely/accurate project billing and accounts receivable collections.
• Monthly support of project review process including action item follow up in relation to project finance subject matter.
• Monthly support of project revenue recognition and financial closeout process. 
• Indirect oversight of assigned teammates upon request.   Also, serve as backup for finance teammates project accounting responsibilities upon request.
• Miscellaneous duties as assigned including ADHOC reporting upon request.

What We Prefer:

• Degree in relevant Finance, Accounting, Business, Engineering, or related field
• Knowledge of project financial management/cost controls
• Knowledge of accounting/financial principles and practices
• Knowledge of A/E industry

Additional Information

Click here for benefits information: HNTB Total Rewards

Click here to learn more about EOE including disability and vet

Visa sponsorship is not available for this position.

#DG #FinanceAccounting

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Locations:

Indianapolis, IN

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NOTICE TO THIRD-PARTY AGENCIES:

HNTB does not accept unsolicited resumes from recruiters or agencies.  Any staffing/employment agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of HNTB.  HNTB will have the right to hire that applicant at its discretion and without any fee owed to the submitting staffing/employment agency, person or entity. Staffing/employment agencies who have fee agreements with HNTB must submit applicants to the designated HNTB recruiter to be eligible for placement fees.