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