2025-01-15
Cumming
Other
/yr
employee
contract
New York
New York
10001
United States
Position Title: Senior Financial Analyst
Location: New York, NY
Req Id: JR100579
Time Type: Full time
Description:
At Cumming Group, you will work on some of the world's most exciting projects in a dynamic environment where your success is measured by the impact you make. We are one of the fastest-growing project and cost management consultancies in the United States, as reflected in our top 20 rankings in ENR. With over 50 offices globally, an extremely diverse project portfolio, and double-digit year-over-year revenue growth, the opportunities to make your mark are limitless!
We are currently looking for a Senior Financial Analyst based in New York, NY. Responsibilities include but not limited to:
Invoicing
“Quarterback” monthly invoicing process.
Partner with Profit Center leads and SVPs to review invoice packets within the allocated deadlines.
Audit the invoice register within 12 hours of issuance to enable timely close of revenue and validate resource hours vs. projections and invoiced amount.
Monitor Accounts Receivable and Accounts Payable and prompted Operations Lead to reconcile when necessary.
Contract Management
Manage the details of contracts including contract completion date, level of effort contracted vs. actuals and important terms (i.e. annual escalation triggers).
Proactively support Profit Center leads in notifying clients for extensions and add services.
Provide approval of sub-consultant payments on behalf of the Profit Center leads.
Validate Contract Changes/ASRs maintain the reported margin.
Resource Management + Fee Proposals
Partner with seller doers to prepare profitability models for potential projects.
?Validate revenue, gross margin, and EBITDA projections for final fee submissions.
Track resource allocation and project profitability against PPME assumptions on a monthly basis.
Provide recommendations where required to optimize revenue and margin targets (i.e. adjust staffing mix to reduce fees to client while maintaining targets).
Maintain resource tracker for all New York project management team members to monitor roll off date and resource needs to hit target revenue/ support projects in the pipeline.
Help negotiate and document agreements on Profit splits with other Profit Centers.
Perform analysis for support recommendations for overall bonus / performance increases and evaluate the impact on project profitability.
Backlog
Manage the New York project management profit center backlog submission on a monthly basis.
Partner with Profit Center leads, BD managers and SVPs/VPs to validate data (contract end dates, monthly billing, etc.) on hard backlog.
Partner with Profit Center leads to verify probabilities of soft backlog.
Reporting
Prepare monthly analysis of New York project management profit center report.
Review anomalies with FP&A as required.
Prepare corrective action recommendations where necessary (for underutilization, margin issues, etc.) and review with Profit Center leads.
Utilize Profit Center reports to continually forecast year-end results.
Prepare the Monthly Business Review deck for New York project management profit center.
Partner with the Profit Center leads to prepare the executive summary.
Provide notes on the Profit Center reports to inform talking points.
Prepare select content for SVP Meeting regard high priority issue requiring action.
Quarterly Portfolio Reviews + Business Planning
On a quarterly basis, engage in a thorough audit of each SVPs portfolio.
Focus on utilization and profitability to-date.
Confirm utilization and profitability assumptions for the following quarter.
Assess the quality of their pipeline of potential work.
Provide solutions on where utilization and profitability can be improved.
Support the Profit Center leads in the annual business planning process; act as main point of contact to FP&A for actual Vena planning.
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Qualifications:
BS in Finance, Information Systems or Accounting.
7+ years of experience in Finance, Accounting and/or Data Analytics (preferably in real estate, construction, or non-for-profit environments).
Experience with Corporate Performance Management Systems preferred (BPC, VENA, Hyperion, etc.) preferred.
Experience using or familiarity with Power Query, Power Pivot, and/or Power BI a plus. Advanced knowledge of Microsoft Excel.
Desired Qualities: Organized and proactive planner; Clear communicator (oral and written); Good client and team relations skills; Team player.
#LI-PJ1
Cumming Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
At Cumming Group, we are passionate about helping our clients execute large-scale, complex projects on-time and within budget. Our project and cost-management services are specifically tailored to each client’s needs and add meaningful value at every step of a project’s development.
Drawing on deep expertise in the communities and sectors we serve, we anticipate and solve problems, deliver solutions, and drive results. Since opening our doors in 1996, Cumming Group has grown to 50+ offices globally, and is now home to more than 1,950 team members – including many of the brightest minds in the industry.
Learn more about what a great organization we are at https://www.linkedin.com/company/cumming-group/about/
Cumming Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
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