Region Finance Director

Summary

Finance Leader for the Regional President and leadership team, providing financial management, insights, and decision support to deliver the
strategy and objectives. Reports to the CFO.

Roles and Responsibilities

Financial Planning

• Leads the annual financial planning process including targets, key drivers, and alignment with regional strategic and operational plans
• Performs scenario planning based on market conditions, external factors, risks, opportunities, and required action plans
• Manages quarterly forecast updates, including changes, risks, opportunities, and gap-closing plans
• Work with project management team to assess project progress and results for accurate accounting and forecasting. Ensure change orders and contingencies are reported consistent to policy
• Monitor progress billings, aged A/R, and initiate collection follow-up on slow pay accounts with Project Managers
• Develops department-level spending plans aligned with strategic and operating plans

Financial Analysis

• Maintains in-depth financial understanding of project results/forecasts, customer/segment performance trends, and spending to partner with Operations Leadership on any improvement plans
• Delivers financial analysis with actionable insights across the markets, customers, segments, resource planning, and cost structure
• Leads investment analysis to ensure strategic fit, ROI, and optimal capital allocation
• Supports Operations Leadership on competitive analysis. This includes identifying insights to influence strategy, operations, and defense plans

Project Financial Leadership

• Provides financial insights on pricing, project selection, and cash curve
• Ensures financial targets and in-process project performance measures are effective and enabling optimal results
• Manages the SGA Hourly Rate update process to ensure appropriate cost recovery and GAAP accuracy
• Ensures appropriate internal controls and reporting of subsistence, truck/gas rent, T&E, contingencies, retention, T&M and govt jobs, etc.
•  Reviews estimate revisions (internal & external) to ensure job measures and financials are fully updated
• Monitors project cashflow & over/under billings to ensure they are within the standard company guidelines; reports any discrepancies to leadership
• Partners with Operations Manager on Project Engage & Review Audit process to understand performance progress and areas to improve

Reporting

• Leads management  financial reporting against budget and prior periods, providing actionable insights at the department level. This includes ensuring clarity of performance trends and recommendations to improve results
• Ensures cost code accuracy to facilitate quality analysis/reporting as well as follow GAAP  standards
• Supports month-end closing cycle: ensuring tie-out to Project Mgr. projections, understanding drivers on jobs over 100% to reset, evaluating accrued cost, etc.
• Maintains deep understanding of Vista and Power BI systems as region superuser to support the functions as well as optimize analysis and reporting

Admin Financial Leadership

• Establishes and oversees implementation of accounting controls and procedures on a regional basis
• Assists implement corporate change initiatives and acts as liaison between corporate accounting and operating regions
• Conducts administrative functions of the department in accordance with Baker policies and applicable laws and regulations

Oversees Staff

• Supervises direct reports to ensure that responsibilities, authority, and accountability are clearly defined and understood
• Evaluates role performance and rewards professional development to encourage continuous learning

Requirements

• Bachelor’s degree in accounting, finance, or construction mgmt from an accredited four-year college or university; at least 10 years’ experience with 5 years at a project-driven business including understanding of percentage of completion accounting
• Experience supporting multiple locations and operating effectively within a matrix reporting structure
• Worked in a business unit/region supporting operations while building awareness and acumen
• Embraces latest technologies, inquisitive to determine appropriate application
• ERP system experience required; working knowledge of the Vista System is a plus but not required
• Experience creating, analyzing, and distributing Power BI reports utilizing multiple data sources preferred
• Working knowledge of accepted accounting principles (“GAAP”) including job cost and construction accounting principles & processes
• CPA, MBA, and/or other advanced certification (CCFIP) a plus

The following competencies are needed to successfully perform this job:

• Ability to lead, coach, and develop a team
• Ability to communicate simply in both written and oral form sometimes complex financial concepts and data
• Ability to challenge others when needed with judgement to know when to adjust
• Ability to evaluate and prioritize tasks. Understands the time sensitive environment we operate in
• Experience with Power BI reports utilizing multiple data sources is a plus