What are the responsibilities and job description for the Project Controls Specialist position at STV Group?
STV is Seeking a Project Controls Specialist to join our team. This position is located in Raleigh, North Carolina.
Reporting to the Project Management Lead, the Project Controls Specialist will actively engage in project support, including analysis of financial performance and invoicing of their assigned projects. Under general supervision, the Project Controls Specialist works with the project manager and other project staff to monitor finances.
Duties & Responsibilities:
- Maintain an individual project portfolio that includes a mix of low to high-complexity projects
- Partner with the Project Manager and project team during the pre-contract/pursuit phase by providing accurate salary rates for pricing proposals and establishing the project budget, updating budgets, and making project accounting recommendations as needed
- Review all contracts, modifications, supplements, amendments, and task orders including review of terms of compensation, contract terms, reporting requirements, invoice formats, invoicing frequency, supporting document requirements, and approved billing amounts and coordinate with Contract Administrator for proper adherence to document control procedures
- Assist with subcontract agreement(s) and/or modifications to the Contracts Administration team and manage sub-consultant financial requirements for the project which includes assisting in problem-solving issues relating to PO, corrections needed to invoice, and ensuring prompt payment to our SBE/DBE firms
- Review and monitor project financial performance on a regular basis. Perform detailed analysis, as needed, regarding revenue recognition, WIP status, overhead adjustments, variances, burn rate analyses, estimates to complete, etc. as required
- Create and maintain any off-line spreadsheets or other financial reports as required in the contract and collaborate with PM to compile and present monthly reports on project financial status including key performance indicators (such as WIP, AR, Burn Rates, Revenue Recognition, etc.) in preparation for monthly project review or as requested
- Participate in client and internal project meetings (as necessary), these may include regular meetings with PM or project team.
- Coordinate and collaborate with Billing Specialist(s) to ensure proper and timely invoicing per contract terms.
- Set up initial budgets for projects
- Work with Project Accounting Support Specialists to execute some tasks which will include providing clear direction and review of requested items
- Work with multiple project managers and staff on a regular basis
- May begin to mentor and share knowledge with colleagues
- Perform additional responsibilities as required by business needs
Qualifications & Experience:
- Bachelor’s degree in accounting, Finance or Business preferred (or equivalent working knowledge/experience in Accounting or Finance)
- A minimum of 5 years of related experience
- Strong planning, organizational and communication skills
- Strong proficiency in Microsoft Excel required
- Experience in the A/E/C industry preferred
Compensation Range:
$68,554.21 - $91,405.62
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At STV, we are fully committed to expanding our culture of diversity and inclusion, one that will reflect the clients we serve and the communities we work in, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description we encourage you to apply anyways. You may be just the right candidate for this or other roles.
STV offers the following benefits • Health insurance, including an option with a Health Savings Account • Dental insurance • Vision insurance • Flexible Spending Accounts (Healthcare, Dependent Care and Transit and Parking where applicable) • Disability insurance • Life Insurance and Accidental Death & Dismemberment • 401(k) Plan • Retirement Counseling • Employee Assistance Program • Paid Time Off (16 days) • Paid Holidays (8 days) • Back-Up Dependent Care (up to 10 days per year) • Parental Leave (up to 80 hours) • Continuing Education Program • Professional Licensure and Society Memberships
STV is committed to paying all of its employees in a fair, equitable, and transparent manner. The listed pay range is STV’s good-faith salary estimate for this position. Please note that the final salary offered for this position may be outside of this published range based on many factors, including but not limited to geography, education, experience, and/or certifications.
Salary : $68,554 - $91,406
