Project Analyst II

HNTB Corporation; Chicago (IL); Hybrid; USD 82,000 - 123,000; Full time

Benefits offered by this job

HNTB Total Rewards

Job summary

HNTB Corporation is seeking a Project Analyst in Chicago to provide financial guidance for project teams, focusing on budgets, profitability, cash flow, and contract compliance. You will act as the primary financial advisor through the project lifecycle, ensuring successful contracting, compensation, and payment terms.

The role requires a Bachelor’s degree or 6 years of related experience, strong Excel skills, and familiarity with project accounting.

Qualifications

• Bachelor’s degree or 6 years of related experience required.
• Strong financial analysis and budgeting skills needed.
• Familiarity with GAAP and project accounting principles preferred.

Responsibilities

• Oversee financial aspects across the project lifecycle.
• Model gross margin scenarios and provide revenue/cash recommendations.
• Ensure PM system budgets, forecasts and expenditures align with contracts.
• Review invoices and payments per client terms and subcontracting needs.
• Collaborate with project manager to resolve billing and revenue discrepancies.
• Generate reports to identify potential cost overruns and variances.
• Forecast EAC and monitor cost changes and change orders.

Skills

Financial analysis

Budgeting

GAAP knowledge

Education

Bachelor’s degree or 6 years experience

Tools

Excel

Enterprise reporting system

Project management system

Job description

What We're Looking For At HNTB, you can create a career that is meaningful to you while building communities that matter to all of us. For more than a century, we have been delivering solutions for some of the largest, most complex infrastructure projects across the country. With our historic growth, it is an exciting time to join our team of employee-owners. This opportunity entails being responsible for providing financial guidance to project teams, with a focus on budgets, profitability, earnings variances, cash flow, and contract compliance. The Project Analyst acts as the primary financial advisor throughout the project lifecycle, ensuring success in areas such as contracting, compensation and payment terms, workplan/project management system alignment, budgets, cost controls, revenue recognition, and cash and invoice management.

What You’ll Do

• Engages and supports all financial aspects across the entire project lifecycle.
• Models and analyzes gross margin scenarios from initial engagement through final negotiations, offering revenue and cash performance recommendations and enhancement strategies.
• Ensures the accuracy of the PM system by overseeing changes to budget, commitments, forecasts, and expenditures, aligning work plans with client/contract requirements.
• Reviews and ensures timely and accurate invoice approval and payment applications according to client terms and requirements, including subcontracting needs.
• Collaborates with the project manager and cash management team to proactively resolve billing and revenue discrepancies.
• Generates and evaluates standard and ad hoc reports to identify and track potential cost issues and overruns.
• Investigates budget anomalies and resolves variances or escalates concerns to discuss actions.
• Forecasts and monitors project estimate-at-completion (EAC) by recording potential and actual changes to cost accounts, including change orders, trends, and deviations.
• Facilitates an efficient earnings review process with the project team, using GAAP and revenue recognition concepts to analyze project finance performance.
• Performs project revenue adjustments with general supervision.
• Escalates project performance that impacts office results to the office finance manager in a timely manner.
• Develops client and subconsultant relationships, ensuring effective client service and efficient subconsultant management.
• May offer guidance and mentorship to Project Finance Associates, including oversight of day-to-day work.
• Utilizes PFAs for routine transactional support.
• Performs other duties as assigned.

What You’ll Need

• Bachelor’s degree and 2 years of financial, project accounting/analysis, or related experience, or In lieu of education, 6 years of financial, project accounting/analysis, or related work experience

What You’ll Bring

• Ability to manage ownership of the project finance responsibilities for small to medium projects or ownership of a portion of larger projects.
• Ability to read and comprehend contract requirements to ensure adherence.
• Developing an understanding of HNTB internal project finance/accounting processes.
• Intermediate data analysis skills, able to accurately analyze and interpret data to draw conclusions using tools such as Excel, HNTB's enterprise reporting system, and HNTB's project management system.
• Intermediate conceptual and analytical skills, driving action on data.
• Intermediate organizational skills, ability to multitask, and self-directed.

What We Prefer

• Degree in relevant Finance, Accounting, Business, Engineering, or related field
• Knowledge of project financial management/cost controls
• Knowledge of accounting/financial principles and practices
• Knowledge of A/E industry

HNTB Total Rewards. Visa sponsorship is not available for this position. #RN. Locations: Chicago, IL. The approximate pay range for Illinois is $81,859.63 - $122,789.44. Please note that the pay range provided is a good faith estimate for the position based on all selected locations within the state at the time of posting.

At HNTB, we are harnessing the power of collaboration and innovation to establish a new vision for the future of mobility across our country. You don’t have to look far to see our impact. For more than a century, HNTB’s spark has connected people and places, expanded opportunity, and left a lasting impact on our communities. Our culture of integrity and inclusion, combined with groundbreaking solutions, has affirmed our reputation and positioned our firm as the industry leader in delivering extraordinary value. When you join HNTB, you are joining an employee-owned firm founded on the values of integrity, collaboration, personal accountability, respect for others, and the development of all employees. We are committed to the continual improvement of an inclusive workplace. We encourage our employees to bring their whole and authentic selves to work, provide them a meaningful welcoming environment where they are valued, celebrated and respected. Diversity of thought and unique perspectives drives innovation, engagement and retention, which makes HNTB better and brings value to our clients and our communities.

Equal Opportunity Employer HNTB is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other status protected by law. We will provide reasonable accommodations for qualified individuals with a disability where appropriate.

Work Authorization In compliance with the Immigration Reform and Control Act of 1986, we will only employ qualified individuals legally authorized to work in the United States (if the position is or will be one which is subject to U.S. law). Verification of employment eligibility will be required. HNTB participates in E-Verify Know your rights: Right to Work