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Regal Executive Search

Senior Financial / Cost Analyst

Regal Executive Search, Honolulu, Hawaii, United States, 96814


Job Description

Senior Financial / Cost Analyst Responsible for the finance, accounting, cost, operating expense budgets & business management functions for facility operations & real estate functions. NFS finance/cost activities include data collection, reconciling expenditures against commitment, updating & ensuring data accuracy in project tracking system, financial analyses & cost forecasting, facility & capital project team's operating expense budgets; developing & implementing project financial standards & procedures; reviewing the project work breakdown structure, ensuring cost forecasts are consistent with established & documented project control basis (scope, work plan, schedule); analysis & reporting project cost variances, maintaining & reporting project cost forecast in accordance with work breakdown structure, tracking project cost movement, & providing progress reports; providing project cost forecast input to region capital planning process; submitting qualifying documents to Property Accounting department for capitalization, verification of available budget for commitment, verification of DOA for commitment & expenditures, & providing financial & accounting support for acquisition, disposition & maintenance of land & facilities. Essential Functions: Primary focus for the senior level is to lead a team or NFS function performing the day to day NFS Finance & Accounting activities. Reviews project financial data input to the project management/accounting systems for accuracy & compliance to policy. Coordinates project accounting information (opening, completion potential impairments etc.) with Regional Property Accounting. Develops budgets, forecasts, analyzes, & monitors operating costs & expense budgets. Leads and/or coordinates the analysis & review of cash forecasting reporting, in conjunction with the NFS Management & Regional Planning departments. Reviews financial aspects of contracts & pay applications/invoices. Identifies & analyzes activities (project capitalization, impairments, etc.) that may impact regional financial results & effectively communicates them to the financial leads region. Prepares and/or reviews key management cost reports, i.e. Main Loan Fund Management Accountability Report (MMAR). Identifies & manages cost trend data & schedule impacts & brings to attention of Project Manager & NFS Team. Resolves invoicing issues with vendors, contractors & professional services providers. Support negotiations as compliant to requirements. Prepares accruals & journal entries for month end close on operating costs; researches unusual variances during month end close. Works on assignments of diverse & complex scope. Interprets less defined guidelines to make recommendations for process improvements and/or enhancements. Requires complex planning to coordinate with other departments or resources. Responsibilities impact the achievement of key functional, NFS, and/or objectives that have direct & significant business impact. Contributes to the achievement of the department's objectives. Erroneous decisions or recommendations could result in the inability to reach functional & NFS objectives & negatively affect expenditures & resources. Involves interpreting & analyzing established concepts & trends. Exercises considerable judgment to make decisions for less defined & complex issues. Requires complex decision-making. Develops solutions to a diverse range of complex problems, which require creativity & innovation within broadly defined policies & practices. Assumes other duties as directed. Qualifications: Minimum six (6) years of financial or project controls experience including two (2) years in architectural, design, contracting, and project management or construction environment. Education Bachelor's degree in accounting, finance, business or construction management discipline, OR four (4) years of experience in a directly related field. High School Diploma or General Education Development (GED) required. License, Certification, Registration N/A. Additional Requirements: Understanding of the accounting for construction work in progress and the capitalization requirements of generally accepted accounting principles. Strong analytical and systems skills to include proficiency in PC based applications (Excel and Access including advanced functions such as graphics, pivot tables, macros and database management). Understanding of accounting for leases (specific to Facility, Clinical Technology or Real Estate operations). Must be able to work in a Labor/Management Partnership environment. Preferred Qualifications: Minimum two (2) years in a lead financial analysis and/or accounting role preferred. MBA preferred. Certified Management Accountant (CMA) or CPA preferred.

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