Project Financial Manager | Lake Mary, FL

Job Description

The Project Financial Manager is responsible for supervising the day-to-day project financial activities related to New Generation Systems (NGS). Reporting to the NGS Director, this role leads a team in managing project accounting, financial planning, and performance monitoring throughout the entire project lifecycle. The Project Financial Manager ensures compliance with company policies and industry standards while driving efficiency and continuous improvement initiatives. This role requires expertise in financial risk analysis, budget optimization, and contract negotiations to support the organization's financial health and strategic objectives.

Responsibilities

• Analyze and review actuals and forecasts of financial statements monthly.
• Manage a team of 4-5 analysts.
• Track purchase orders reflected on the income statements.
• Meet with stakeholders and present projects led by the analyst team.
• Complete project reviews and attend monthly meetings with stakeholders.
• Summarize key data for the team and stakeholders.
• Oversee project accounting activities, ensuring compliance with financial policies and procedures.
• Develop and implement financial strategies to optimize project budgets and maximize cost efficiency.
• Conduct financial risk analysis to assess potential impacts and recommend mitigation strategies.
• Participate in project meetings, including kick-offs and status updates, to proactively address financial concerns.
• Perform monthly, quarterly, and annual closing procedures, ensuring accurate financial reporting.
• Review periodic financial reports for projects and ensure timely and precise financial data entry.
• Lead contract negotiations to secure favorable terms and financial agreements.
• Drive continuous improvement initiatives to enhance financial processes and team productivity.
• Conduct regular team meetings to set objectives, provide updates, and address challenges.
• Mentor and develop team members to achieve performance goals and professional growth.
• Coordinate with other departments to ensure seamless financial integration across projects.
• Prepare and present financial performance reports to senior management and stakeholders.
• Plan and facilitate internal and external audits, ensuring compliance with regulatory and corporate requirements.
• Identify training and development needs within the finance team and provide relevant learning opportunities.

Essential Skills

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of eight (8+) years of experience in financial management, project accounting, or a related discipline.
• Experience in Percentage of Completion (POC) for long-term construction projects preferred.
• Industry experience in construction, engineering, or manufacturing preferred.
• Experience in financial risk analysis, budget planning, and contract negotiations is highly desirable.
• Strong experience in Excel required.

Additional Skills & Qualifications

• Strong ability to read, analyze, and interpret financial statements, regulations, and contractual documents.
• Exceptional written and verbal communication skills for preparing reports and presenting financial insights.
• Advanced mathematical proficiency, including the ability to calculate discounts, interest, and percentages.
• Excellent problem-solving skills to address complex financial challenges in dynamic project environments.
• Expertise in ERP systems (preferably SAP) and proficiency in financial modeling, spreadsheets, and data analysis.

Work Environment

At least 3 days in the office per week. The role offers a dynamic work environment with opportunities for professional growth and development.