Construction Financial Analyst
- Requisition ID
- 187875
- Department
- 530701 Administration
- Schedule
- Full Time - Eligible for Benefits
- Shift
- Day
- Category
- Services & Trade
Position Purpose
This position will be the lead financial analyst and financial representative for Renown Health’s Design and Construction team. This role will be responsible for ensuring project budgets are planned and maintained, costs are accurately tracked, and all financial documentation is thoroughly and accurately maintained. The analyst will work closely with construction project managers and other stakeholders to develop budgets, oversee financial components of design and construction contracts and evaluate project costs. In addition, they will be responsible for reviewing weekly pay applications, and purchase orders and invoices to ensure compliance. They will establish reporting mechanisms for routine financial reports to Renown Health’s finance and executive leadership.
Nature and Scope
Incumbent will maintain accountability for the following:
• Develop accurate financial tracking and reporting tools for construction projects.
• Collaborate closely with construction and interiors project managers to develop project budgets and maintain them through the course of the project lifecycle.
• Submit monthly financial construction reports to leadership, ensuring accuracy and using strong financial acumen.
• Review pay applications and invoices weekly for all construction projects, ensuring compliance with contractual obligations and financial accuracy.
• Prepare for periodic project audits, leading project teams in ensuring compliance with all auditing guidelines and maintaining project records for accuracy and longevity.
• Responsible for tracking project capitalization and depreciation reporting, ensuring timely submissions based on fluid project completion dates.
• Work daily in the construction project management software, e-Builder, to ensure financial accuracy for all projects within the system.
• Using e-Builder, establish cash flow reporting tools and mechanisms to increase visibility for the organization into construction spending.
• Staying current with industry trends in both construction and finance.
• Conducting and leading monthly construction project update meetings as well as working with project managers to establish financial projections and identify risks.
• Analyzing financial transactions and incorporating unforeseen costs into project budgets.
• Maintaining contract documents, billing folders, and all related records, including lien releases and monthly waivers.
• Developing and maintaining strong relationships with vendors, suppliers, and subcontractors.
KNOWLEDGE, SKILLS & ABILITIES:
1. Demonstrated corporate problem-solving track record.
2. Proven ability to direct the appropriate resources to successfully complete complex multi-phase construction financial initiatives throughout the health network.
This position does not provide patient care
Disclaimer
The foregoing description is not intended to be, and should not be construed as, an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with the job. It is intended to be an accurate reflection of the general nature and level of the job.
Minimum Qualifications
Requirements - Required and/or Preferred
Name | Description |
|---|---|
Education: | Ability to read, write, speak, and understand English sufficiently to perform job duties safely and effectively. Bachelor’s degree in Finance, Accounting, Construction Management, Business or similar discipline. |
Experience: | 3-5 years of experience in construction project accounting, project controls, cost analysis or related field. Experience working in healthcare systems is favorable. Working knowledge of construction contracts and project cost terminology. |
License(s): | None |
Certification(s): | None |
Computer / Typing: | Must be proficient with Microsoft Office Suite, including Outlook, PowerPoint, Excel, Teams, and Word and have the ability to use the computer to complete online learning requirements for job-specific competencies, access online forms and policies, complete online benefits enrollment, etc. |
Benefits
Renown Health exists to make a genuine difference in the health and well-being of the people and communities we serve. And it is through your passion that this mission is made real every day. The relationship with employees is the foundation for success as we proceed with our strategic direction. We strive to build upon this solid partnership by offering a comprehensive and competitive benefits package that meets the diverse needs of employees and their family members.
With my CAREER Rewards there's peace of mind in knowing that Renown Health is also fighting for the most important things in your life - family, finances and future. Navigate options and make sure you are getting the most value from your Nursing career with us.
Paid Time Off
401(k) Company Match
Flexible Work Environment
Renown Health is northern Nevada's healthcare leader and Reno's only locally owned, not-for-profit health system. We are an entire network of hospitals, primary care offices, urgent care centers, lab services, medical specialties, and x-ray and imaging services - with more than 7,000 nurses, doctors and care providers dedicated to the health and well-being of our community.
For Providers: Renown Health and the University of Nevada, Reno School of Medicine (UNR Med) are affiliate partners in Nevada's first integrated academic health system. The affiliation aims to improve the health of the community, region, and state through research, medical education, and expanded clinical care. Renown physicians participate as joint faculty at UNR Med for teaching, lectures, supervising clinical rotations, and other academic activities for the education of medical and physician assistant students, residents and fellows.