Manager of Project Finance and Governance at Milhouse Engineering and Construction

Lombard, Illinois, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Construction, EngineeringIndustries

Requirements

Bachelor's degree in finance, accounting, business administration, or a related field
5-10 years of relevant experience in Financial Management or Project Accounting, with proficiency in project controls disciplines
3+ years of proven leadership and team management experience
Significant experience in construction accounting or finance management required; prior experience in the Architecture, Engineering (A/E) industry and within project-based organizations strongly preferred
Considerable experience with ERP systems, preferably Deltek Vision or Deltek Vantagepoint
Deep construction industry knowledge, familiarity with engineering project dynamics, and the ability to quickly grasp technical concepts to partner effectively with engineering leads, project managers, project engineers, superintendents, and field operations teams
Proficiency in Microsoft Office Suite and project management software
Ability to manage a team effectively to complete deliverables

Responsibilities

Support the establishment and enforcement of governance frameworks that align with organizational goals and regulatory standards
Assist in the preparation of project lists, revenue reports, and other project reporting metrics to enable data-driven decision-making
Oversee month-end revenue recognition and work-in-process reporting, aligning revenue recognition with contract terms
Review and approve project setup, change orders, and closeout procedures for accuracy and compliance
Oversee billing schedules to ensure accurate, timely client invoicing and prompt collections in line with payment terms
Develop and enforce project governance policies, internal controls, and compliance standards across all active and pending projects
Ensure adherence to Milhouse project management methodology, including documentation, approvals, and reporting standards
Monitor and enforce KPIs and dashboard reporting for project performance and financial health
Collaborate with project teams to develop realistic timelines and budgets, ensuring feasibility in terms of time and resources
Attend project kickoffs and progress meetings to provide financial insight and support project planning
Facilitate effective communication between teams and stakeholders
Provide guidance on best practices and offer expertise in cost control and risk management
Assist in budgeting, forecasting, and financial reporting to ensure project viability
Audit monthly project billings to look for large disparities in revenue and billing
Act as a strategic partner to project executives, project managers, and business unit leaders
Ensure effective communication between teams, stakeholders, and management
Interface with external stakeholders including auditors, clients, and JV partners on financial matters
Optimize use of ERP/project management software (Deltek Vantagepoint) for cost control and reporting
Drive continuous improvement in project financial processes and reporting workflows
Supervise, mentor, and develop the project accounting and financial controls team

Skills

Key technologies and capabilities for this role

Revenue RecognitionProject AccountingFinancial ReportingBudget ManagementBillingInvoicingChange OrdersProject GovernanceComplianceKPIsDashboard ReportingInternal Controls

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

This information is not specified in the job description.

What salary or compensation is offered for this role?

This information is not specified in the job description.

What key skills are required for the Manager of Project Finance and Governance role?

Key skills include expertise in revenue recognition, billing accuracy, budget adherence, project governance, financial reporting, cost control, risk management, and proficiency with ERP/project management software like Deltek Vantagepoint.

What does the team structure look like for this position?

The role involves managing the day-to-day operations of the project accounting team, including supervising, mentoring, and developing the project accounting and financial controls team.

What makes a strong candidate for this Manager of Project Finance and Governance position?

A strong candidate has leadership experience in project accounting, deep knowledge of financial governance in construction and engineering projects, and the ability to collaborate with project teams, executives, and external stakeholders while driving process improvements.

Milhouse Engineering and Construction

Engineering and construction solutions provider

About Milhouse Engineering and Construction

Milhouse Engineering and Construction provides a wide range of engineering and construction services across various sectors, including civil, mechanical, electrical, structural, and environmental engineering. Their services include project management, where they oversee construction projects from start to finish, ensuring that they meet the specific needs of their clients. Milhouse operates in multiple states and serves clients in transportation, education, healthcare, commercial, and industrial sectors, with a focus on delivering effective solutions that improve communities. What sets Milhouse apart from its competitors is their commitment to solving complex problems and their emphasis on sustainability and safety in their projects. The company's goal is to enhance the safety and reliability of modern infrastructure while building long-term relationships with clients.

Chicago, IllinoisHeadquarters

2001Year Founded

VENTURE_UNKNOWNCompany Stage

Industrial & Manufacturing, EnergyIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Paid Vacation

Paid Holidays

Wellness Program

Professional Development Budget

Parental Leave

Risks

Rising raw material and labor costs may impact Milhouse's profitability.

Increased competition in offshore wind could limit Milhouse's market share.

Potential delays in infrastructure projects could affect Milhouse's revenue streams.

Differentiation

Milhouse offers comprehensive engineering solutions across multiple sectors, enhancing client satisfaction.

The firm has a strong commitment to diversity, equity, and inclusion in its operations.

Milhouse's global reach and diverse client base set it apart from regional competitors.

Upsides

Increased demand for sustainable infrastructure boosts Milhouse's growth in green building projects.

The U.S. Infrastructure Investment and Jobs Act provides significant opportunities for Milhouse.

Advancements in construction technology enhance Milhouse's project efficiency and cost-effectiveness.

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