Description BMI Operational Finance team works closely with the US Operational Finance team to support all financial aspects of a project, serving as a main contact in the Financial Services departments for Global Practice and Regional Office leadership. We provide project-level support, review contracts, interpret financial implications, and ensure proper revenue recognition by applying engineering and construction accounting standards.
Creating, and presenting MIS reports/presentations to business leaders/counter parts, Business Analysis, short- and long-term forecasting and performing deep dives into business situations along with making recommendations/observations.
Execute processes and tasks in support of month-end close and timely/accurate financial reporting.
Prepare and enter journal entries and account reconciliations.
Perform analysis on project level financials and acting as subject-matter expert of project financials.
Create and maintain operational project financial reports for use by project teams and division leaders.
Evaluating revenue recognition of specified divisions within the company, reviewing contracts, and interpreting financial implications, applying construction/engineering accounting standards, and analyzing project cost reports including risks/contingencies/warranty
Analyzing contract clauses, stipulations, obligations, and liabilities.
Ensuring that contract terms comply with legal requirements and policies.
Assist client-initiated project audits, project-specific financial audits, and the annual financial audit for the company.
Joint Venture Accounting responsibilities (Preparing Financials/Cost report/Roll forward).
Support the worldwide monthly financial close by analyzing significant contracts and identifying their revenue results, preparing journal entries, reconciling revenue related accounts, and preparing analytics and management reporting.
Manage ad hoc business requests