Senior Associate

Job Description

Overview

An established investment and operating organization is seeking a Senior Associate, Construction Finance, to support financial planning and reporting for large-scale, complex capital projects. This role will own budgeting, forecasting, variance analysis, financial modeling, and monthly reporting, partnering with project teams and senior leadership to monitor project costs, evaluate financial performance, and support capital allocation decisions.

The position combines construction finance, project cost controls, and technology-enabled financial analysis. The successful candidate will review contractor cost reports, develop rolling cost-to-complete forecasts, assess budget and schedule performance, and strengthen financial reporting processes. There is also an opportunity to improve workflows through automation, AI-enabled tools, business intelligence platforms, and enterprise financial systems.

Responsibilities

• Prepare monthly project financial reporting packages for senior leadership and other stakeholders.
• Review contractor cost reports, schedules of values, and change order logs for accuracy and budget compliance.
• Maintain budget-to-actual reporting across construction costs, professional fees, equipment, contingency, and other project expenses.
• Develop earned value analysis to assess project cost performance and schedule progress.
• Maintain rolling forecasts for cost-to-complete, projected final costs, and cash outflows.
• Analyze cost variances, contractor forecasts, change order exposure, and contingency utilization.
• Build executive dashboards and financial summaries that communicate project performance and financial risks.
• Support annual budgeting, capital planning, and project investment decisions.
• Review contractor billing, subcontractor costs, payment applications, retainage, and supporting documentation.
• Support cost audits and collaborate with legal and risk teams on contract billing and payment provisions.
• Maintain financial planning models and reporting data within enterprise performance management systems.
• Apply automation, AI tools, and business intelligence platforms to improve reporting accuracy and efficiency.
• Partner with Accounting on month-end close, general ledger integrity, intercompany reconciliations, and GAAP-compliant reporting.
• Improve financial reporting templates, cost coding, controls, and processes while supporting junior team members.