Construction Finance Analyst

CIMCO Refrigeration Inc.; Chesapeake (VA); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

13 paid holidays

Vacation and sick pay

PPE provided with annual boots and eye

Work shirts provided

Early performance evaluation

401k + match

Company paid life insurance and disb.

Employee assistance program

Job summary

CIMCO Refrigeration Inc. is seeking a Construction Finance Analyst to support financial performance and administrative management of construction projects.

The role partners with project managers, operations leadership, accounting, and executive management to monitor costs, forecast performance, and ensure compliance with company and customer requirements. The ideal candidate combines strong financial analysis with project accounting knowledge, including cost tracking, contract compliance, and

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Construction Management, or related field.
• 3+ years of financial analysis, project accounting, or cost control experience.
• Experience with ERP systems, preferably SAP.
• Advanced Excel skills with pivot tables and lookups.
• Strong organizational and analytical skills with attention to detail.
• Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Review project cost performance and assist project teams with identifying cost variances, trends, and financial risks.
• Analyze project costs and ensure transactions are recorded against the appropriate cost codes and work breakdown structures.
• Assist project managers and operational leaders with monthly project cost forecasting and estimate-at-completion (EAC) reviews.
• Support revenue forecasting, backlog analysis, and project profitability reporting.
• Prepare recurring and ad hoc financial reports for management.
• Monitor project financial performance and recommend corrective actions to improve project margins.

Skills

Bachelor's degree

Financial analysis

Project accounting

SAP

Advanced Excel

Education

Bachelor's degree in Finance, Accounting, Business Administration, Construction Management, or related field

Tools

SAP

Job description

The Construction Finance Analyst plays a critical role in supporting the financial performance and operational administration of construction projects. This position partners closely with project managers, operations leadership, accounting, and executive management to monitor project costs, forecast financial performance, support budgeting and planning activities, and ensure compliance with company and customer requirements.

The ideal candidate combines strong financial analysis skills with a detailed understanding of project accounting, construction cost tracking, contract compliance, and business administration. This role serves as a key resource for project forecasting, overhead analysis, financial reporting, licensing administration, and month-end accounting support.

Company Benefits:

• 13 paid holidays
• Vacation and sick pay
• PPE provided along with annual allowance for boots and prescription safety glasses
• Work shirts provided by company
• Early performance evaluation opportunities
• 401k + match
• Company paid life insurance and disability
• Employee assistance program

Key Responsibilities

• Review project cost performance and assist project teams with identifying cost variances, trends, and financial risks.
• Analyze project costs and ensure transactions are recorded against the appropriate cost codes and work breakdown structures.
• Assist project managers and operational leaders with monthly project cost forecasting and estimate-at-completion (EAC) reviews.
• Support revenue forecasting, backlog analysis, and project profitability reporting.
• Prepare recurring and ad hoc financial reports for management.
• Monitor project financial performance and recommend corrective actions to improve project margins.

Budgeting, Forecasting & Planning

• Assist the Vice President and Director with annual budgeting processes.
• Support overhead planning, departmental expense budgeting, and headcount cost forecasting.
• Prepare monthly overhead and expense analyses, including variance reporting against budget and forecast.
• Develop financial models and analyses to support business planning and decision-making.
• Track labor utilization, overhead absorption, and indirect cost performance.

Accounting & Month-End Support

• Support month-end and year-end close activities.
• Enter and code transactions within SAP, ensuring accurate general ledger and cost code assignment.
• Reconcile corporate purchasing card transactions and supporting documentation.
• Assist accounting with account reconciliations and financial reporting requirements.
• Respond to audit requests and provide supporting documentation for internal and external audits.
• Maintain accurate records supporting revenue recognition and cost reporting.

Inventory & Asset Management

• Support inventory tracking, reconciliation, and reporting activities.
• Monitor inventory transactions and assist with cycle count and audit activities.
• Ensure inventory costs are accurately reflected within project and financial reporting systems.

Compliance, Licensing & Contract Administration

• Maintain organized filing systems for permits, licenses, insurance certificates, bonding information, and compliance documentation.
• Manage contractor license renewals and business registration requirements across multiple jurisdictions.
• Assist with regulatory and contractual compliance reporting.
• Prepare and submit contractor prequalification packages through customer portals and paper submissions.
• Track customer qualification requirements and renewal deadlines.

Public Works & Insurance Program Administration

• Prepare certified payroll reports and prevailing wage documentation for public works projects.
• Maintain prevailing wage records and support compliance audits.
• Coordinate Contractor Controlled Insurance Program (CCIP) and Owner Controlled Insurance Program (OCIP) enrollments.
• Prepare and submit required CCIP/OCIP reporting and documentation.
• Maintain insurance compliance records for projects and subcontractors.

Systems & Process Improvement

• Utilize SAP and related business systems to maintain accurate financial and project records.
• Assist with process improvements that increase reporting accuracy and operational efficiency.
• Develop and maintain financial reporting tools, dashboards, and tracking systems.
• Support implementation of best practices related to project accounting and financial controls.

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Construction Management, or related field.
• 3+ years of experience in financial analysis, project accounting, construction accounting, or cost control.
• Experience supporting construction, engineering, industrial, or project-based businesses.
• Strong understanding of budgeting, forecasting, financial reporting, and cost analysis.
• Experience with ERP systems, preferably SAP.
• Advanced Microsoft Excel skills, including pivot tables, lookups, and financial modeling.
• Strong organizational and analytical skills with exceptional attention to detail.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Preferred Qualifications

• Experience with construction job costing and project accounting.
• Familiarity with revenue recognition principles for construction or project-based businesses.
• Knowledge of certified payroll, prevailing wage requirements, and public works compliance.
• Experience supporting licensing, permits, and contractor compliance programs.
• Understanding of CCIP and OCIP insurance programs.
• Experience with Power BI or other reporting and analytics tools.

Company Profile

CIMCO specializes in the engineering, design, manufacture, installation and service of complex thermal building solutions for industrial, process cooling and recreational refrigeration and mechanical systems. For more than 100 years, CIMCO’s leadership and unparalleled research, development and manufacturing programs has put us at the forefront of industry advancements and technological breakthroughs. Our professional engineers, technicians and designers apply innovative state-of-the-art equipment and refrigerants to develop systems that meet even the most complex thermal challenges.

CIMCO is committed to creating an inclusive environment where people from all backgrounds can thrive. Together, we embrace diversity of thought, experience, and perspective, as we combine our unique skills and capabilities to drive successful outcomes for all stakeholders. As an equal opportunity employer, CIMCO provides accessibility accommodations during the recruitment process. Should require any accommodation, please let us know, and we will work with you to meet your needs.