Commercial Finance Project Manager, Senior Staff

Job Description:

The Product Development (“PD”) Commercial Project Finance Manager will be responsible for developing and enhancing Project level variance reporting and analysis along with resource utilization & efficiency metrics.  This role will be expected to constantly improve the product development reporting processes while also supporting the Sr Manager – Commercial Finance with forecasting and reporting of the Global Product Development (“GPD”) organization while maintaining  responsibility for inventory controls at our Austin, TX facility.

KEY RESPONSIBILITIES:

• Perform monthly project level variance analysis of results and forecast vs. original business case, recent estimate, and annual operating plan.  Variance analysis includes suggested improvements to improve outcomes

• Define and report on PD resource utilization & efficiency measurements

• Provide month end support to Accounting for revenue recognition, completeness of reported labor hours, material costs incurred, and customer invoicing based on project milestones

• Prepare Global Product Development (GPD) monthly operating review presentations which includes but not limited to performance analysis, monthly forecast of P&L and inventory, headcount and spend across multiple sites and departments 

• Assist the Commercial Finance Manager in developing PD funnel reporting, profitability, analysis, and life-cycle performance to plans

• Drive continuous improvement of systems (Epicor PM, Domo, Workfront) and processes to yield better data visibility of project spend, labor, sales, etc.

• Initiate and generate regular financial reporting for stakeholders, providing insights into project expenditures and financial health of projects

• Work closely with cross-functional teams to align financial strategies with project objectives

• Participate in stage gate meetings to understand the status of projects

• Establish Key Performance Indicators (“KPIs”) and determine triggers for project reviews, re-scoping, and customer interaction

• Use data aggregation software to quickly assemble reports for projects

• Review expenses and work with project managers and purchasing organizations to regularly monitor project performance against KPIs

• On a weekly basis, review the status of projects in order to forecast invoicing of the customer and subsequently the revenue forecast for the week/month/year

• Shepherd capital appropriation requests (CAR’s) through company approval process for GPD organization, including business case justification, DCF modeling, and cost modeling as required.

• Manage application of site inventory control policy ensuring adequacy of controls, cycle counts, & valuation

• Conduct cost-benefit analysis to evaluate the financial viability of proposed scope changes or improvements in the project against the revenues & margins generated

• Conduct post-launch financial evaluation and assess the financial performance, identifying lessons learned and areas for improvement in future projects

• Assist in the establishment, maintenance, and control of Master Data Management

• Other duties may be assigned

QUALIFICATIONS & EXPERIENCE:

• BA/BS degree; Advanced degree strongly preferred

• 8+ years Accounting and/or Finance experience in a Construction, Engineering, Professional Services or similar business model

• 8+ years Project Management experience preferred

• Direct knowledge of ASC 606 guidance on Percentage of Completion (“POC”) revenue recognition accounting

• Able to synthesize large amounts of data, identify broad themes, & formulate insightful analysis

• Demonstrated experience with MRP and project management systems 

• Experience with Workfront, Workday, or other Project Management applications

• Must be highly proficient / Advanced user in MS Excel and Powerpoint

• Demonstrated ability to communicate, present and influence credibly and effectively at all levels of the organization, including executive and C-level

• Build strong relationships with peers, other departments, and managers to meet company goals

• Excellent verbal and written communication/presentation skills

• Able to work as a team player, set a positive example and develop effective relationships specifically Corporate Accounting and Operations

WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  Travel as needed or requested.

COMMENTS: This job description is an outline of the major recurring responsibilities of the job.  It is not intended to be all‑inclusive of the work to be performed.  Similarly we cannot identify all the skills a position may require since job responsibilities and the Company’s needs may change over time.  Therefore, the above job description is not comprehensive or exhaustive.  The Company reserves the right to adjust, add to or eliminate any aspect of the above description.  The Company also retains the right to require all employees to undertake additional or different job responsibilities when necessary to meet business needs.