Project Business Manager

Socket.dev; Austin (TX); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Medical, Dental, Vision and Life ins.

Health Savings Account

401(k) with company match

Paid time off

Tuition Assistance

Employee Referral Bonus

Job summary

Balfour Beatty US is seeking a Business Manager to lead the financial direction of a major project. The role reports to the Project Manager and Region Controller, guiding budgeting, forecasting and cost control in a hands-on team environment.

Responsibilities include maintaining project financial records, producing monthly reports, and driving continuous improvement in financial performance. Strong communication and leadership are essential for success.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• 2–4 years of financial management experience on small projects up to $50m; construction/engineering/manufacturing background preferred.
• Knowledge of GAAP; ability to develop financial reports and forecasts.

Responsibilities

• Manage financial aspects of the project per SOPs and GAAP.
• Provide monthly financial reports to management.
• Prepare detailed project/overhead cost and revenue forecasts.
• Maintain budgets and variances, and assist in cost control.

Skills

Leadership

Budgeting

GAAP knowledge

Financial reporting

Data analysis

Communication

PC skills

Education

Bachelor's degree in Accounting or Finance

Tools

ERP software

Excel

Job description

Become Part of Our Team

Balfour Beatty US is an industry-leading provider of general contracting, at-risk construction management and design-build services for public and private sector clients across the nation. Performing heavy civil and vertical construction, our teams build the unique structures and infrastructure that play an important role in how people live, work, learn and play in our communities. Our teammates have an instinctive passion for innovating that is fueled by a relentless curiosity, a drive to employ lean practices and processes and the determination to find a better way. Through Zero Harm®, we are challenging the construction industry’s assumptions about safety. We believe that no level of harm should come to anyone as a result of our business.

Consistently ranked among the nation’s largest building contractors by Engineering News-Record, our US business is a subsidiary of London-based Balfour Beatty plc (LSE: BBY).

As an industry leader Balfour Beattyoffers employees a comprehensive benefits package with competitivesalaries and more including:

• Medical, Dental, Vision and Life Insurance
• Health Savings Account
• 401(k) with company match

• Paid time off
• Tuition Assistance
• Employee Referral Bonus
• And more!

The Business Manager will be one of the senior members of the management team led by the Project Manager that is responsible for direction and management of the project.

Responsibilities:

The Business Manager shall have responsibility for the financial management of the project, including, without limitation:

1. Maintaining the financial records of the project in accordance with BBII Standard Operating Procedures and GAAP, as well as all support functions (e.g., invoicing, AP, preparation of reports, etc.);
2. Providing monthly financial reports to Divisional and Corporate Management;
3. Preparing detailed Project and overhead cost / revenue forecasts;
4. Maintaining a control environment consistent with BBII SOP’s
5. Cash forecasting and management.

Other Responsibilities:

• Perform responsibilities in a “Hands-on” team environment;
• Oversees the preparation, evaluation and accuracy of budgets and other financial operating reports;
• Responsible for the preparation and accuracy of reports that summarize and forecast the financial position in regards to income and expenses and budget versus actual performance;
• Monitor and report actual results vs. key business performance indicators. Provide management with continuous improvement plans to sustain and drive improvements throughout the business;
• Analyze financial reports for variances from forecasted, budgeted, and benchmarked performance and provide recommendations to management team;
• Review operating expenses and provide recommendation to management on ideas for cost reductions and lead a monthly SG&A review process;
• Other duties as assigned by the Project Manager/Region Controller.

Required Experience

• Bachelor's degree in Accounting or Finance.
• 2-4 years of financial management experience on small projects up to $50m. Prefer a minimum of 1-2 years experience in the engineering, construction or manufacturing industry.
• Equivalent combination of education and experience that demonstrates the ability to perform the key responsibilities of this position.
• Knowledge of Generally Accepted Accounting Principles (GAAP).
• Ability to collect and assemble data for the development of financial reports.
• Ability to analyze complex information and formulate decisions.
• Knowledge of financial reporting, budgeting and forecasting methods.
• Ability to communicate effectively with operations.
• Strong PC skills and software proficiency.
• Strong managerial/leadership skills.
• Budgeting and financial analysis skills.

About us

Balfour Beatty US is an industry-leading provider of general contracting, at-risk construction management and design-build services for public and private sector clients across the nation. Performing heavy civil and vertical construction, our teams build the unique structures and infrastructure that play an important role in how people live, work, learn and play in our communities. Our teammates have an instinctive passion for innovating that is fueled by a relentless curiosity, a drive to employ lean practices and processes and the determination to find a better way.Through Zero Harm®, we are challenging the construction industry’s assumptions about safety. We believe that no level of harm should come to anyone as a result of our business.

Consistently ranked among the nation’s largest building contractors by Engineering News-Record, our US business is a subsidiary of London-based Balfour Beatty plc (LSE: BBY).

Balfour Beatty is an equal opportunity employer that recognizes the value of a diverse workforce. All qualified individuals will receive consideration for employment without regard to race, color, age, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, genetic information, or any other criteria protected by federal, state or local law.