Richard Group
Financial Planning Analyst
Richard Group, Chicago, Illinois, United States, 60290
About Richard Group :
A premier veteran-owned general contracting and construction management company with headquarters in Chicago's West Loop, Richard Group is a culture-forward purpose-builder who is building to solve the world's greatest challenges.
Established in 2014 by Founder and President Jed Richard, Richard Group is proud to develop, design, build, and maintain many of the smartest structures on earth. Our proactive turn-key approach produces the most efficient path to occupancy while honoring the demand for timely execution, partner collaboration, and a process and product that deliver every time.
Richard Group has been the prime contractor on over 180 projects valued at over $600MM. Trusted by clients like the U.S. Department of Defense, Richard Group's past work includes critical patient care facilities, civil roadway and utility projects, mission-critical data centers, electronic healthcare upgrades, government rehabilitation projects, and more.
By prioritizing people, purpose, and innovation over the bottom-line, Richard Group has held tight to its reputation for unparalleled quality while more than doubling in size.
Recognized as the fastest-growing general contractor in the country, Richard Group is proud to employ over 100 full-time employees and trade professionals across 16 states. Each of these individuals are equally dedicated to the company's mission to serve through proactive problem-solving, clear communication, and seamless navigation of multi-phase, logistically demanding projects.
Position:
Financial Planning Analyst
Department:
Finance
Job Summary:
The Construction Financial Planning Analyst is responsible for managing and analyzing the financial aspects of construction projects to ensure financial stability and profitability. This role involves budget preparation, cost control, financial reporting, and risk management. The ideal candidate will possess strong analytical skills, attention to detail, and experience in construction finance.
Key Responsibilities:
Budget Development and Management
Develop detailed and accurate budgets for construction projects, including labor, materials, equipment, and overhead costs.
Monitor and control expenditures to ensure projects adhere to budgetary constraints.
Prepare financial forecasts and projections to anticipate future financial needs and adjust budgets as necessary.
Financial Reporting and Analysis
Prepare comprehensive financial reports, including profit and loss statements, balance sheets, and cash flow statements.
Perform variance analysis to identify and explain discrepancies between budgeted and actual costs.
Present financial insights and recommendations to senior management and stakeholders.
Cost Control and Optimization
Implement cost control measures to minimize expenses and optimize resource allocation.
Analyze costs associated with construction activities and suggest strategies for cost reduction.
Risk Management
Identify financial risks related to construction projects and develop strategies to mitigate these risks.
Manage contingency funds and prepare for unforeseen financial challenges.
Contract Management
Review and analyze construction contracts to understand financial commitments and ensure compliance.
Assess the financial impact of change orders and modifications to contracts.
Cash Flow Management
Forecast cash flow requirements and manage the timing of payments to vendors, subcontractors, and suppliers.
Ensure adequate cash flow to meet project needs and avoid financial disruptions.
Collaboration and Communication
Work closely with project managers, accountants, and senior management to align financial strategies with project objectives.
Communicate financial status, issues, and recommendations effectively to stakeholders.
Regulatory Compliance
Ensure that financial practices comply with relevant laws, regulations, and accounting standards.
Assist in the preparation for and facilitation of financial audits.
Data Management
Utilize financial management software and tools to maintain accurate financial records and generate reports.
Analyze financial data to identify trends, patterns, and areas for improvement.
Qualifications:
Education: Bachelor's degree in Accounting, Finance, or a related field.
Experience: Minimum 5-7 years of experience in the construction financial management industry.
Technical Skills: Proficiency in construction accounting software (e.g., Sage, QuickBooks, or Viewpoint), Microsoft Excel, Power-BI and financial reporting tools.
Knowledge: Strong understanding of Generally Accepted Accounting Principles (GAAP), job costing, and financial regulations specific to the construction industry.
Analytical Skills: Strong analytical and problem-solving skills with a focus on accuracy and attention to detail.
Leadership: Proven experience in leading and developing a finance team
Additional Competencies:
Excellent communication and interpersonal skills.
Ability to work in a fast-paced, project-driven environment.
Strong organizational skills with the ability to manage multiple projects simultaneously.
Benefits:
Medical, Dental, Vision, and Life Insurance
Health Savings Account (HSA) option
15 days of paid time off (PTO)
8 paid holidays
All employees are immediately eligible for our bonus program through the philosophy of Great Game of Business, where employees at all levels are engaged in the financial and operational performance of the business, enabling them to understand how their contributions directly impact the company's bottom line
Company 401(k) matching contributions
Parental leave policy
We fully cover transportation costs, including parking and train fares, for employees working from our Chicago office
Affordable and freshly made breakfast and lunch provided through our on-site meal program (Chicago home office employees only)
Gym membership reimbursement program (Chicago home office employees only)
Fully paid two-month sabbatical leave for employees who reach their 10-year anniversary with the company
All employees immediately have access to mentorship, regular skills-based training, and leadership development programs
Accessibility: If you need an accommodation as part of the employment process please contact Human Resources atPhone: (872) 344-0795Email: natasha.faulkner@richardgroupllc.com
Equal Opportunity Employer, including disabled and veterans.
If you want to view the Know Your Rights: Workplace Discrimination is Illegal poster, click
HERE
If you want to view the Pay Transparency Policy Statement, please click the link:
English
#J-18808-Ljbffr
A premier veteran-owned general contracting and construction management company with headquarters in Chicago's West Loop, Richard Group is a culture-forward purpose-builder who is building to solve the world's greatest challenges.
Established in 2014 by Founder and President Jed Richard, Richard Group is proud to develop, design, build, and maintain many of the smartest structures on earth. Our proactive turn-key approach produces the most efficient path to occupancy while honoring the demand for timely execution, partner collaboration, and a process and product that deliver every time.
Richard Group has been the prime contractor on over 180 projects valued at over $600MM. Trusted by clients like the U.S. Department of Defense, Richard Group's past work includes critical patient care facilities, civil roadway and utility projects, mission-critical data centers, electronic healthcare upgrades, government rehabilitation projects, and more.
By prioritizing people, purpose, and innovation over the bottom-line, Richard Group has held tight to its reputation for unparalleled quality while more than doubling in size.
Recognized as the fastest-growing general contractor in the country, Richard Group is proud to employ over 100 full-time employees and trade professionals across 16 states. Each of these individuals are equally dedicated to the company's mission to serve through proactive problem-solving, clear communication, and seamless navigation of multi-phase, logistically demanding projects.
Position:
Financial Planning Analyst
Department:
Finance
Job Summary:
The Construction Financial Planning Analyst is responsible for managing and analyzing the financial aspects of construction projects to ensure financial stability and profitability. This role involves budget preparation, cost control, financial reporting, and risk management. The ideal candidate will possess strong analytical skills, attention to detail, and experience in construction finance.
Key Responsibilities:
Budget Development and Management
Develop detailed and accurate budgets for construction projects, including labor, materials, equipment, and overhead costs.
Monitor and control expenditures to ensure projects adhere to budgetary constraints.
Prepare financial forecasts and projections to anticipate future financial needs and adjust budgets as necessary.
Financial Reporting and Analysis
Prepare comprehensive financial reports, including profit and loss statements, balance sheets, and cash flow statements.
Perform variance analysis to identify and explain discrepancies between budgeted and actual costs.
Present financial insights and recommendations to senior management and stakeholders.
Cost Control and Optimization
Implement cost control measures to minimize expenses and optimize resource allocation.
Analyze costs associated with construction activities and suggest strategies for cost reduction.
Risk Management
Identify financial risks related to construction projects and develop strategies to mitigate these risks.
Manage contingency funds and prepare for unforeseen financial challenges.
Contract Management
Review and analyze construction contracts to understand financial commitments and ensure compliance.
Assess the financial impact of change orders and modifications to contracts.
Cash Flow Management
Forecast cash flow requirements and manage the timing of payments to vendors, subcontractors, and suppliers.
Ensure adequate cash flow to meet project needs and avoid financial disruptions.
Collaboration and Communication
Work closely with project managers, accountants, and senior management to align financial strategies with project objectives.
Communicate financial status, issues, and recommendations effectively to stakeholders.
Regulatory Compliance
Ensure that financial practices comply with relevant laws, regulations, and accounting standards.
Assist in the preparation for and facilitation of financial audits.
Data Management
Utilize financial management software and tools to maintain accurate financial records and generate reports.
Analyze financial data to identify trends, patterns, and areas for improvement.
Qualifications:
Education: Bachelor's degree in Accounting, Finance, or a related field.
Experience: Minimum 5-7 years of experience in the construction financial management industry.
Technical Skills: Proficiency in construction accounting software (e.g., Sage, QuickBooks, or Viewpoint), Microsoft Excel, Power-BI and financial reporting tools.
Knowledge: Strong understanding of Generally Accepted Accounting Principles (GAAP), job costing, and financial regulations specific to the construction industry.
Analytical Skills: Strong analytical and problem-solving skills with a focus on accuracy and attention to detail.
Leadership: Proven experience in leading and developing a finance team
Additional Competencies:
Excellent communication and interpersonal skills.
Ability to work in a fast-paced, project-driven environment.
Strong organizational skills with the ability to manage multiple projects simultaneously.
Benefits:
Medical, Dental, Vision, and Life Insurance
Health Savings Account (HSA) option
15 days of paid time off (PTO)
8 paid holidays
All employees are immediately eligible for our bonus program through the philosophy of Great Game of Business, where employees at all levels are engaged in the financial and operational performance of the business, enabling them to understand how their contributions directly impact the company's bottom line
Company 401(k) matching contributions
Parental leave policy
We fully cover transportation costs, including parking and train fares, for employees working from our Chicago office
Affordable and freshly made breakfast and lunch provided through our on-site meal program (Chicago home office employees only)
Gym membership reimbursement program (Chicago home office employees only)
Fully paid two-month sabbatical leave for employees who reach their 10-year anniversary with the company
All employees immediately have access to mentorship, regular skills-based training, and leadership development programs
Accessibility: If you need an accommodation as part of the employment process please contact Human Resources atPhone: (872) 344-0795Email: natasha.faulkner@richardgroupllc.com
Equal Opportunity Employer, including disabled and veterans.
If you want to view the Know Your Rights: Workplace Discrimination is Illegal poster, click
HERE
If you want to view the Pay Transparency Policy Statement, please click the link:
English
#J-18808-Ljbffr