What are the responsibilities and job description for the Project Financial Analyst position at New River Electrical Corporation?
Job Overview
The New River Electrical Corporation seeks a skilled Project Financial Analyst to join its team. This individual will be responsible for tracking and analyzing project financial data, communicating trends or concerns to Project Management, and ensuring the accuracy and thoroughness of data collection.
Duties and Responsibilities
The New River Electrical Corporation seeks a skilled Project Financial Analyst to join its team. This individual will be responsible for tracking and analyzing project financial data, communicating trends or concerns to Project Management, and ensuring the accuracy and thoroughness of data collection.
Duties and Responsibilities
- Develop and maintain project schedules in collaboration with Project Management.
- Execute, maintain, and submit customer billing projections and verify alignment with project schedule.
- Analyze project financial data, identify trends and areas of concern, and provide solutions to project management where appropriate.
- Provide weekly cost reports to project management and field supervision.
- Enter and set up projects in the ERP system upon receipt of work authorization.
- E nsure approved Work Authorizations/Change Orders are filed and recorded utilizing tracking instruments and the ERP System.
- Report values of work performed to the billing department for monthly invoicing.
- Assist the Billing department in maintaining billing processes and generating invoicing as needed.
- Manage bid process to ensure key bid milestones are communicated to project management staff. Create project bid folders and ensure all updated documents have been saved.
- Validate and approve project invoicing where applicable.
- Participate in project conference calls (as needed) to ensure project billing and project schedules are reflective of current project status.
- Collect, review, and enter Preliminary/Professional Service Hours into the ERP system.
- Prepare monthly reporting of key performance indicators for customer submittal.
- Submit and record Affidavit of Completions. Complete project reconciliation and provide information to the Billing Department to ensure accurate and final account receivables.