Director Project Accounting

Company: Burke Porter Group
Location: San Diego
Posted on: September 17, 2023

Job Description:

Are you aspiring to move into a CFO type role and looking for the right fit to develop key analytical tools to further your development? Due to growth, BPG's Medical and Life Science Segment has an immediate opening for a Director Project Accounting.The Director Project Accounting will act as a co-pilot in our Project Execution teams and will be the lead finance individual (essentially a project CFO) responsible for driving a strong control environment and no-surprise culture within their project portfolio.This position is truly a bridge between the operational & financial functions of the organization and, as such, would suit individuals who have demonstrated ownership and accountability for delivering results in a matrixed environment or working as a business partner to operational functions to jointly drive organizational success. -This role offers the flexibility to work on a remote model. During critical stages of project execution, project site visits will be required as necessary. -MAJOR DUTIES and RESPONSIBILITIES:

• Serve as project CFO for assigned portfolio
• Joint responsibility with project managers for the financial success of the projects.
• Partner with Project Managers by providing project forecast preparation, analysis & reporting
• Partner with execution teams in order to mitigate/minimize potential deviations from budget and schedule
• Partner with execution team on identification of risks, contribute to quantify risks and set up mitigation plans
• Manage project financial projections (Estimates to Complete / Estimates at Completion) and ensure forecast accuracy and any deviations from budget are clearly quantified and supported by root cause documentation
• Manage risk and opportunities register for projects.
• Contract review and performance monitoring to drive favorable financial results through Change Order management activities
• Monthly presentation of project financial performance to Project Management, project execution leadership, and other senior leaders. -
• Participate in project team meetings to ensure forecast commitments are delivered
• Ensure correct order intake booking
• Monitor revenue recognition according to GAAP (ASC 606)
• Optimize project cashflow by overseeing invoicing and collections activities
• Manage FX risk and hedges
• Request and manage guarantees and insurances as requested
• Support ad hoc analysis & other duties as assigned to improve the performance of project controlling function
• Assist with annual business plan and monthly financial forecasts.QUALIFICATIONS FOR HIRE:
  • Bachelor of Science degree with a concentration in Accounting or Finance or related field of study with applicable experience
  • 7+ years experience in either a projects business (preferred) or manufacturing plant -
  • Strong sense of ownership & accountability - with demonstrated ability to deliver success whilst working with an operational business partner
  • Ability to build relationships while challenging and pro-actively driving improvements and change
  • Encourages a team spirit of continuous development and learning from mistakes; actively seeks feedback on his / her own behavior
  • Promotes respect for different cultures, mentalities and attitudes and fosters diversity in his / her team
  • Demonstrates an inquisitive nature with exceptional analytical, critical reasoning, and communication skills
  • Desire to understand the product/solutions and not just the numbers
  • Strong demonstrated use of integrated project based ERP systems (e.g. IFS, SAP), Excel and PowerPoint Compensation and Benefits:
    • Base compensation range: $175,000-$225,000
    • In accordance with California law, the range provided is BPG's reasonable estimate of the compensation for this role. Final title and compensation for the position will be based on several factors including work experience and education.

Keywords: Burke Porter Group, San Diego , Director Project Accounting, Executive , San Diego, California