Project Financial Lead (TRAVEL REQUIRED)

Position Overview Division: Headquarters Project Location(s): New York, NY 10001 USA Minimum Years Experience: 8 Travel Involved: 90‑100% Job Type: Regular Job Classification: Experienced Education: Bachelors Degree Job Family: Finance Compensation: Salaried Exempt Position can be performed from any U.S. company office location, with opportunities for office and remote work. The role requires domestic travel. Position Description Manage financial execution of a large‑scale and/or complex construction project and perform day‑to‑day tactical project accounting, cash flow management, forecasting, cost analysis, compliance, and internal controls. Serve as the primary financial contact for the project team to confirm alignment between field operations, client, and financial procedures. Essential Duties & Key Responsibilities Provide project financial oversight and compliance from preconstruction through closeout for a large and/or complex construction project and give financial guidance and communication to project stakeholders. Manage and conduct billing, receivables, and collections for the project to achieve efficient financial operations and improve net working capital (NWC) while aligning with financial controls and company reporting standards. Confirm client contractual requirements and entitlements for billing, including reviewing owner contract analysis to determine billing deadlines, payment terms, billable and non‑reimbursable expenses, insurance and fee billing agreements, and approved billing rates for staff and trade labor. Collaborate in developing project budgets, forecasts, profit plans, and cash‐flow models, aligning with profit‑center goals and in conjunction with project leaders and relevant stakeholders. Review project budgets for accuracy and proper reflection of risks and impacts of potential enhancements, in line with owner contract and company policies and procedures. Lead implementation of owner audits, support Internal Review audits, and drive cost audit processes including Budget Analysis Reports (BARs), Cost‑Audited BARs (CABs), and special studies as required per risk indicators. Lead month‑end close for the project, including work‑in‑place (WIP) analysis, cost‑to‑complete, revenue and earnings recognition, and reporting accuracy. Assess and summarize project financial performance indicators (cost, revenue, margin, cash flow) and present findings to project leadership and relevant stakeholders. Identify and communicate financial risks that impact project performance and earnings; align with the project team on mitigation strategies and hold the team accountable to action plans. Oversee and confirm compliance with GAAP, company policies, and contract‑specific financial requirements. Contribute financial information, issues, and recommendations in Operational Review Meetings (ORMs), Profitability Improvement Meetings (PIMs), and other financial health checks. Review project financial processes, cost coding, and forecasting practices for continuous improvement and recommend enhancements to tools, templates, and workflows that improve project financial visibility and accuracy. Contribute to the project forecasting process with operations, including Project WIP, General Conditions vs. General Requirements (GC/GR), and other project‑related forecasts. May supervise other Financial team members, participate in hiring, onboard new members, deliver timely performance feedback for direct reports, contribute to performance appraisals during the annual performance cycle, utilize talent management systems, and identify appropriate training to aid development needs. Facilitate project‑specific training on financial systems, processes, and compliance standards to relevant project team and stakeholders. Perform other activities, duties, and responsibilities as assigned. Qualifications Bachelor's Degree in Accounting, Finance, Engineering, or a related field with a minimum of 8 years of related experience in project or construction finance supporting field operations, or an equivalent combination of education, training, and experience. In‑depth knowledge of project accounting, billing, receivables, collections, financial cost control, cash‑flow management, forecasting, budget audits, and reporting procedures. Ability to read, understand, and interpret contract language. Thorough knowledge and application of GAAP and company policies. Knowledge of audit procedures, including planning, techniques, testing, and sampling methods. Able to make independent judgment in determining relevance and importance of project risks. Advanced analytical and problem‑solving skills with the ability to analyze and summarize issues, recommend corrective actions, and influence decision‑making. High degree of organization and attention to detail. Strong dedication to integrity with the ability to maintain discretion of confidential and sensitive information. Professional written and verbal communication skills, able to clearly convey complex information to non‑financial audiences and deliver difficult messages. Self‑motivated with the ability to prioritize multiple complex and demanding tasks and priorities. Demonstrated emotional self‑awareness and ability to respond to influence outcomes and manage relationships. Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit, climb, balance, stoop, kneel, crouch, crawl, use hands to finger, handle or feel objects, tools, or controls, and reach with hands, talk, and hear. The employee frequently views a computer monitor and frequently uses a computer keyboard. Specific vision abilities required by this job include close vision, peripheral vision, depth perception, and the ability to adjust focus. Performance of the required duties requires physical ability to climb permanent and temporary stairs, passenger use of construction personnel hoists, ability to climb ladders and negotiate work areas under construction. The employee is regularly required to be mobile, and the employee regularly travels both short and long distances via a variety of conveyances. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. The employee performs work on‑site at construction work sites, office locations, and/or off‑site venues. While performing the duties of this job, the employee regularly works in an office or remote setting. The noise in the work environment is usually quiet to moderate in an office setting. While performing the duties of this job, the employee regularly works at construction work sites where the employee is exposed to moving mechanical parts, high precarious places, fumes or airborne particles, outside weather conditions, and risk of electrical shock. The noise in the work environment is usually moderate to loud. The employee is required to work in compliance with company safety policies, procedures, and applicable laws. Salary Range NYC: $140,000 – $220,000 annualized Chicago: $120,000 – $187,000 annualized Seattle and Los Angeles: $128,000 – $200,000 annualized Turner is an Equal Opportunity Employer – race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or other characteristics protected by applicable law. #J-18808-Ljbffr Turner Construction Company