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Financial Analyst

Elevate and Delegate logo

Location
Philippines
Base Salary
1k-2k USD
Elevate and Delegate

Job Description

Analyzes project financial status by collecting, monitoring, and studying job costing data for projects belonging to the client and its wholly owned subsidiaries.

Principal Responsibilities:

1. Determines cost of operations by establishing standard costs; and collecting operational data. Identifies financial status by comparing and analyzing actual results with plans and forecasts.

2. Analyses financial results; monitoring variances; identifying trends; recommending actions to management.

3. Assist project managers in activities concerned with the reporting and control of the construction process; contract amounts, work orders, and change orders.

4. Developing and managing the information systems for monitoring project progress and controlling the reporting systems.

5. Establishing a system of internal controls and the system of financial reporting.

6. Follow the procedure established by the organization to evaluate project results regarding schedule, costs, client relationships, quality, activities, and other performance.

7. Interacts with the project manager and/or construction manager to manage objectives, goals, and performance as well as working with the estimating department.

8. Prepares construction budget tracking reports to show the cost to date vs. the original budget.

9. Works with the accounting department to provide them with the necessary invoices to ensure funding is in place so that vendors are paid on time.

10. Analyze information and options by developing spreadsheet reports.

11. Answers accounting and financial questions for project management by researching and interpreting data.

12. Manages, tracks, and updates the status of the WIP (Work In Progress) Report.

13. Provides accounting support for construction cost reporting, reviewing financial information, converting data to a general ledger system, and obtaining supplementary information for preparing financial statement packages including WIP, project cost forecasts, cashflow, A/R, A/P, balance sheet, etc.

14. Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional

Requirements

1. A minimum of B.S. or B.A. degree in Finance, Accounting, Business Administration, Construction Management, Project Management or Engineering. or work experience equivalent.
2. 1 year of cost accounting experience.
3. Experience/knowledge of the industrial construction industry, preferred.

4. Accounting Software experience.

5. Experience in the use of Viewpoint Vista and QuickBooks is helpful.
6. Must be able to demonstrate knowledge of project control principles relating to budgeting, scheduling, and tracking of
actual/committed costs, change control and forecasting, and financial principles.
7. Advanced experience with Microsoft Access and developing pivot tables and macros in Microsoft Excel is preferred.
8. Proficient use of MS Office, including Word, PowerPoint, and Outlook.
9. Excellent verbal and written communication skills.
10. Must be able to develop and maintain positive, cooperative, team-oriented relationships with co-workers, supervisors, managers, clients, and others as required for the job.
11. Exceptional organizational skills and ability to manage complex projects with multiple work phases.
12. Project an appropriate professional appearance and demeanor.
13. Ability to work in compliance with company policies and procedures.
14. Ability to function and work independently.
15. Ability to work established schedule and other hours as needed.
16. Grasps concepts quickly and has good follow-through skills; Adheres to deadlines and workload demands and follows through on challenges as they arise.
17. Is self-motivated; maintains a feeling of pride in work; has a strong work ethic and strives to
achieve all goals.
18. Can identify the information needed to clarify a situation; seeks information from appropriate sources; can tackle a problem using a logical, sequential approach and can anticipate the implications of actions.
19. ls trustworthy and maintains confidentiality at all times.
20. Must exemplify Company Core Values -- OHANA -- O-Ohana (Family), H-Ho'ihi (Respect), A-Alaka'i (Leadership), N-No'eau (Craftsmanship), A-Aloha (Compassion)
21. Ability to communicate in English both verbally and in writing.

Benefits

  • Client Relationship: You will be directly working with the client. This means that you will communicate with the client, provide services, and address any client-related matters independently.
  • Payment: All payments for your services will be handled directly by the client. Elevate and Delegate is not involved in processing your payroll. Your salary will directly go to you.
  • Vacation Leaves and Holidays: While we may have recommendations or guidelines regarding vacation leaves and holidays, the decision is entirely at the discretion of the client. You are expected to align your schedule with the client's business needs and any specific policies or preferences they may have in this regard.

Salary: $1000 - $1500

Advice from our career coach

A successful applicant for this position should have a strong background in financial analysis, project costing, and construction management. To stand out as an applicant, showcase your experience and skills in the following areas:

  • Demonstrate your proficiency in project financial analysis, including tracking costs, monitoring variances, and developing reporting systems.
  • Highlight your experience with accounting software, such as Viewpoint Vista and QuickBooks, as well as advanced Excel skills, including pivot tables and macros.
  • Showcase your ability to work independently, manage complex projects, and adhere to deadlines while maintaining a high level of accuracy.
  • Emphasize your excellent communication skills, both verbal and written, along with your ability to build positive relationships with team members and clients.
  • Ensure your resume reflects a minimum of a B.S. or B.A. degree in a relevant field or equivalent work experience, as well as at least 1 year of cost accounting experience.

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