Regional Finance Manager I

About the position

The position involves managing the planning, organization, and financial activities related to project registrations, invoicing, WIP management, revenue recognition, and collections. The role requires partnering with Corporate Accounting and Operational Finance to ensure compliance with invoicing procedures according to industry practices and company policies. Responsibilities include hiring, training, mentoring, developing, workload planning, managing performance, and other related activities.

Responsibilities

• Assist with the planning, organizing, and managing of financial activities related to project registrations, invoicing, WIP management, revenue recognition, and collections.
• Act as an extension of the Project Manager, participating in meetings with regional leadership to address AR, WIP, and UR issues.
• Ensure compliance with invoicing procedures according to industry practices and company policies.
• Lead a team of accounting professionals to produce accurate, timely, and consistent client invoices.
• Read, understand, and analyze project contracts related to billing and revenue recognition.
• Investigate and elevate financial or contractual project issues to Operational Finance and Operations Management.
• Help coordinate regional billing and communicate billing services to Operations Project Management.
• Receive quality assurance audits from Operational Finance and hold regional staff accountable.
• Support the evaluation and monitoring of workloads for regional accounting staff.
• Review aged WIP and AR to support strategic initiatives and report on excessive unbilled WIP and uncollected AR.
• Participate in internal and external client interactions to facilitate smooth workflow of project documentation and invoicing practices.
• Oversee the management of electronic project files related to financial documentation.
• Identify billing and/or accounts receivable discrepancies and execute corrective measures.
• Demonstrate proficiency in company software relevant to the job.
• Assist in providing training to Project Managers and support staff on financial reports and tools.
• Maintain a positive and professional attitude in interactions with peers, billing staff, managers, and clients.
• Perform data analysis as needed or requested.
• Actively participate in Operational Accounting initiatives and ERP system improvements.
• Oversee regional procurement activities.
• Lead safety efforts for the team and ensure compliance with safety rules and guidelines.
• Promote continuous quality monitoring and improvement on projects.
• Perform other duties as assigned.

Requirements

• Bachelor's degree in Accounting, Finance, or related field with a minimum of 5 years of experience, or a minimum of 10 years' related experience in lieu of a degree.
• Master's degree preferred.
• Knowledge of accounting principles, practices, and procedures.
• Knowledge of common business processes including accounts payable, accounts receivable/invoicing, financial reporting, etc.
• Advanced knowledge of Excel, including proficiency with pivot tables, lookup, and advanced formulas.
• Valid driver's license with acceptable violation history.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• 401(k) plan
• Paid time off
• Paid holidays
• Education reimbursement
• Various bonus programs