Financial Analyst

Purpose of the Job:

Support the Finance Department by performing a mix of accounting and financial analysis activities, including revenue recognition for long-term, percentage-of-completion contracts. This role ensures accurate and timely financial reporting, maintains strong internal controls, and provides actionable insights that help drive strategic and operational decisions.

Reports to: Director of Finance

Duties and Responsibilities:

Accounting & Reporting

• Prepare monthly financial statements (income statement, balance sheet, cash flow) at the segment and consolidated level in accordance with US GAAP.
• Complete standard monthly close activities, including account reconciliations, journal entries, and supporting documentation.
• Compile and maintain work papers to substantiate account balances and ensure compliance with internal controls.
• Assist with compiling information for external audits and reviews; coordinate with auditors during fieldwork by providing schedules, explanations, and supporting documentation.
• Apply and support compliance with revenue recognition standards (ASC 606), including percentage-of-completion accounting for long-term contracts — calculating cost-to-cost completion percentages, recognizing revenue and cost of goods sold accordingly, tracking contract assets and liabilities (over-/under-billings), and reconciling percentage-of-completion schedules to the general ledger.
• Assist in evaluating and documenting technical accounting treatment for non-routine transactions (e.g., contract modifications, variable consideration, estimated cost overruns).
• Ensure compliance with internal accounting policies, company procedures, and relevant contractual requirements.

Financial Analysis & Planning

• Assist in preparing segment-level and consolidated budgets; track and analyze variances against actual results.
• Prepare monthly and quarterly management reports, including metrics such as profitability by region, cash flow trends, days sales outstanding, and contract backlog/percentage-of-completion metrics.
• Support preparation of materials for Board of Directors presentations.
• Assist in preparation of weekly and monthly revenue forecasts, incorporating percentage-of-completion-based revenue estimates.
• Prepare and submit required financial and contractual reports to external stakeholders (customers, suppliers, etc.) per agreement requirements.
• Perform ad-hoc financial modeling, analysis, and reporting in support of strategic initiatives.