What are the responsibilities and job description for the Assistant Financial Manager position at Flintco?
Founded in 1908, Flintco now employs more than 800 people in 8 cities serving clients in healthcare, education, hospitality, sports and industrial. Flintco also self-performs concrete, steel erection, and excavation. Nothing matters more to us than the quality and growth of our people. Our teams are smart, humble and disciplined. Flintco is recognized for its commitment to safety and quality, using Lean principles as a guide to continuous improvement. The five guiding principles of our Ethos are Safety, Integrity, Quality, Accountability, and Honesty. We live it every day.
Job Summary
The Assistant Financial Manager determines and implements cost accounting procedures and methods and is responsible for the preparation and analysis of cost reports and costing audits. The Assistant Financial Manager also examines and reviews unusual cost records and ensures cost data is allocated correctly.
Essential Duties and Responsibilities
All duties and responsibilities include the following; however, other duties may be assigned. To perform in this position successfully, an individual must be able to perform each essential duty satisfactorily.
• Performs project accounting and cost control, process improvements, and problem resolution.
• Assists the Financial Manager with recommendations on system and reporting improvements along with monthly closeout.
• Participates in project start-up meetings with project team, subcontracting, risk management and financial services.
• Initiates and completes project closeout of all financial information.
• Reports financial analysis to Financial Manager and Financial Director.
• Partners with key internal customers (i.e. Operations, Estimating) to ensure accurate and meaningful reporting analysis and past project performance for estimating new projects.
• Generates labor cost and job cost reports for management review.
• Creates, processes and analyzes forecasting reports, budgets and other financial reports.
• Supports monthly close process with projects.
• Enters weekly and monthly progress quantities as required.
• Assists operations’ personnel with cost and potential change orders (PCO’s).
• Assists with subcontractor change orders (SCO’s) and owner change orders (OCO’s).
• Reviews owner contracts.
• Processes and/or verifies construction draws, lien waivers, contract affidavits, job cost reports and sworn owner statements.
• Spreads Original Estimate, Approved Change Orders, Billings and Pending money onto Estimate Sheets and into various categories such as pay item, cost code, description, insurance code, man-hours, quantity, unit of measure, labor, IT&F, material, equipment
• Assigns cost code numbers to new and open project estimates utilizing the established standard codes and assigning miscellaneous codes as required.
• Processes information from field personnel / Financial Manager, updating the labor productivity reports, project labor percentages of completion and quantities.
• Processes information from field personnel / Financial Manager, updating the expense or projected cost compared to estimate.
• Issues reports per requests from various departments.
• Finds and writes journal entries to change incorrect project numbers or cost codes and notify Accounts Payable, including invoices that have already been processed.
Knowledge/Skills/Ability
Ability to represent to all persons the Flintco Ethos that encourages the highest level of performance, integrity and morale. Practices good communication skills. Reads, analyzes and interprets documents such as operating and maintenance instructions, and procedure manuals, owner and subcontractor contracts, project manuals and blueprints. Writes routine reports and correspondence. Reads and comprehends simple instructions, short correspondence, and memos. Effectively presents information to groups of clients, employees of organization or top management. Adds, subtracts, multiplies, and divides in all units of measure, using whole numbers, common fractions and decimals. Computes rates, ratios and percentages and draws and interprets bar graphs. Interprets a variety of instructions furnished in written, oral, diagram or schedule form. Applies concepts such as fractions, percentages, ratios and proportions to practical situations. Defines problems, collects data, establishes facts and draws valid conclusions. Interprets an extensive variety of technical instructions in mathematical or diagram form and deals with several abstract and concrete variables. Organizes and manages time, duties and activities efficiently.
Education
Bachelor’s degree (B.S.) in Accounting or Finance from a four-year college or university or equivalent combination of education and experience.
Experience
4-6 years applicable cost accounting experience or equivalent combination of education and experience. Experience with project cost control software applications required.
Certificates, Licenses, Registrations
None
Physical Requirements
• Physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this position, the employee is regularly required to stand; walk; use hands to handle or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl; and talk or hear.
• The employee must occasionally lift and/or move up to 50 pounds.
• Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
• Occasionally, especially when managing multiple projects and during problematic opening and/or closing phases of projects, mental stress can be taxing.
• May be required to work long hours for extended periods of time.
Special Job Dimensions
The office work environment provides a safe and healthy environment, is adequately heated and cooled, is free from exposure and extreme conditions, has appropriate lighting and office furnishings, and is smoke-free and drug-free. While performing the duties of this position, the employee is normally exposed to a standard office environment. While performing the duties of this position at a project site, the employee is regularly exposed to moving mechanical parts; moving machinery; high, precarious places; close tight quarters; the requirement to be raised and lowered several hundred feet in a bucket; the requirement to walk several hundred feet over rough terrain at an 8 to 16 degree slope; the potential for falling rock; fumes or airborne particles; drilling and blasting activities; welding activities; toxic or caustic chemicals; and outside weather conditions. The employee is occasionally exposed to risk of electrical shock and vibration. The noise level in the work environment is generally loud.
* NOTE – Where allowed employees who work in positions classified as “safety-sensitive” can be disciplined if they test positive for marijuana or its metabolites, even if they have a valid state medical marijuana license. In addition, Flintco may also refuse to hire applicants for safety-sensitive jobs who test positive for marijuana as part of a pre-employment drug test, even if those applicants can produce a valid medical marijuana patient license.