Terracon Manager Operational Finance in Olathe, Kansas
Manage and monitor the financial integrity and various metrics of assigned projects, offices and/or divisions. Understands the nature of the project cost system and the information processed. Bring issues to the attention of the Director of Operational Finance for assistance and further evaluation. Responsible for providing financial insight, reporting, and analysis of variances from expected financial performance. This position will work very close with office, department and project managers to drive project management discipline through the organization.
Essential Roles and Responsibilities:
Project Financial Management
Manages a team responsible for the financial management of assigned project(s), i.e. high-profile projects.
Works with the project team during project proposal to analyze expected project profitability and to set-up a method of tracking project performance.
Directs and reviews the work of the Project Accountants and Assistant Project Accountants for completeness and accuracy.
Acts in a partnership / consultative capacity to the Project Executive and Project Manager.
Ensure the project is completely registered with all necessary information in the project accounting system.
Ensure all contracts, purchase orders, work orders or notice to proceed documents are fully executed and filed in an organized manner within the electronic project folder.
Work with Billing Support, Government Compliance, and/or project staff on client invoicing, collections management, as well as assistance on invoicing, coding A/P, time sheet review, and expense report review.
Has significant interaction with Clients to ensure timely workflow of project documentation, to ensure positive cashflow through timely invoicing and payment, and to quickly resolve issues.
Manage approval process of subcontractor billings and sub-contract compliance.
Work closely with Office Manager and Project Manager in support of project performance as it relates to updating and analyzing Estimate to Complete reporting or Earned Value calculations, report exceptions to ensure accurate reporting based on project performance.
Conduct project review (and required analysis) to identify errors and trends. Responsible for making necessary corrections under direction of Project Manager to ensure accurate reporting by established deadlines.
Communicate project status as compared to expected project performance, as well as all unapproved work and unanticipated risk to the Project Manager and Director of Operational Finance.
Actively participate in Project Kickoff and coordinate project review meetings with key stakeholders including Project Executive, Division Manager, Director of Operational Finance, Office Manager, and Project Manager. Compile the necessary financial documentation for review and discussion.
WIP and AR Management
- Review and analyze aged WIP and AR to support the company’s strategic initiative of achieving 80 days or less for number of days in WIP and AR. Report on the cause of excessive unbilled WIP and uncollected AR for further follow-up with the Office Manager and or Division Manager.
Work closely with Director of Operational Finance to determine correct Revenue Recognition.
Assist on Mergers and Acquisitions with due diligence and integration.
Review Period Summary of WU (WD) and AR Write-off and prepare the necessary period end adjustments.
Work with Office Managers and Division Managers on the annual budgeting process as well as the periodic forecasting process.
Provide training to the Project Managers, CSRs, and support staff on the financial reports and tools available, as well as guidance on the use of the reports and tools for proper project management.
Manages special assignments and initiatives as directed by the Director Operational Finance.
Develop understanding and be aware of project-related risk. Be familiar with what could go wrong on a project and how to protect the Company. Be familiar with company risk policies.
Lead safety efforts for team and ensure team follows safety rules and guidelines. Responsible for creating and modeling a safe work environment; demonstrates safety practices. Promote pre-task planning for all projects.
Promote continuous quality monitoring and improvement on projects. Monitor quality standards and practices.
Bachelor’s degree in Accounting or related field and 10 years’ related experience. Or, in lieu of a degree, a minimum of 14 years’ related experience.
Experience with managing accounting for large and/or complex construction projects.
This position requires judgment and initiative and is expected to balance a heavy workload and competing tasks.
Valid driver’s license with acceptable violation history.
Manager Operational Finance
Regular, Full Time
City, State (Office Location):
Terracon is a 100 percent employee-owned consulting engineering firm providing quality services to clients. Since 1965, Terracon has evolved into a successful multi-discipline firm specializing in environmental, facilities, geotechnical, and materials services. Terracon currently has more than 5,000 employees in more than 150 offices with services available in all 50 states. Terracon’s growth is due to valued employees exceeding expectations in client service and growing their careers with new and exciting opportunities in the marketplace.
Terracon’s vision of “Together, we are best at people” is demonstrated through our excellent compensation and benefits package. Based on eligibility, role and job status, we offer many programs including medical, dental, vision, life insurance, 401(k) plan, paid time off and holidays, education reimbursement, and various bonus programs.
Terracon is an EEO employer. We encourage qualified minority, female, veteran and disabled candidates to apply and be considered for open positions. We do not discriminate against any applicant for employment, or any employee because of race, color, religion, national origin, age, sex, sexual orientation, gender identity, gender, disability, age, or military status.
Terracon's COVID-19 Safety Response:
Committed to Our Employee Safety!
Terracon is passionate about your safety before, during, and after the COVID-19 pandemic. As Terracon continues to move forward and grow through this time, we are continuing to take every precaution to ensure the safety of our employee-owners. If you are as committed to your success as we are committed to your safety, then Terracon is the company for you!
Our goal has not changed. For Terracon, our guiding principle has been and will continue to be the safety of our employee-owners. It’s that simple. We want our employees to be able to work safely in every situation and go home safely each night. As we continue our vision of being “Best at People,” here are some of the things Terracon is doing to safeguard every employee-owner:
On-going communication with ALL employee-owners on a dedicated COVID Response page, and a portal for their families to have access to resources as well
Requiring specific COVID-19 Pre-Task Safety Planning Protocols for all tasks and projects
Empowering employees to speak up and say “no” to working in unsafe conditions
Providing an additional 40 hours of sick leave to anyone impacted by COVID-19, including those impacted by daycare and school closures
Offering voluntary reduced work schedule for anyone needing extra time to care for others
Load leveling work assignments across regions to maintain high productivity and chargeability
Ensuring proper PPE and sanitation on all project sites by providing field employee-owners with mobile hand washing stations and supplies, masks, and sanitizing kits
Utilizing technology for more remote work opportunities and innovation using everything from video conferencing to drones
Following all CDC guidelines including social distancing on job sites, in offices, and in our labs
Implementing a stand-by leave program to ensure our employees continue service and health insurance benefits during regional work shortages
If your passion lies in working with a company that truly cares for your safety, and if you’re interested in belonging to a 100% employee-owned organization that will help you grow and quickly progress in your career, consider Terracon and apply today!