Financial Analyst II
- Rogers, MN
- Full-time
- POSTED TODAY
About the job
Job Description:
POSITION SUMMARY:
The Financial Analyst II independently analyzes financial and operational results, identifies trends and variances, develops forecasts, and explains key financial drivers to project managers and business leaders. This role supports project profitability, project accounting, work-in-progress (WIP) reporting, budgeting, backlog analysis, billing and collections, and internal financial reporting. The Financial Analyst II partners with project managers and finance leaders to monitor project performance, cash flow, and data integrity; participate in the monthly cost-to-complete process; and support process and reporting improvements. Success in this role requires strong analytical skills, attention to detail, and a solid understanding of construction project cycles and financial principles.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Analyze financial results, identify trends and variances, and explain key business drivers to project managers and business leaders. Participate in monthly cost-to-complete review meetings with project managers and record billing adjustments for over/under billing, actual work performed, approved change orders, and expected margin changes. Track and report backlog revenue and expected profit margins as part of recurring forecasting and reporting. Perform profit fade analysis, identify contributing factors, and explain trends, variances, and potential risks to finance and project leaders. Process job cost and general ledger adjusting entries. Track and analyze inventory valuations and record job-related inventory usage. Identify process improvement and technology enhancement opportunities that improve accuracy, efficiency, and financial visibility; support related implementation efforts as assigned. Develop and maintain dashboards and monthly reporting packages for project managers, business leaders, and finance leadership. Prepare and support project accounting, WIP reporting, project reporting, and project forecasting. Support project structure, data governance, and financial data integrity within applicable systems and reporting processes. Perform recurring operational analysis and benchmarking to explain trends, variances, and potential risks. Assist with budgeting, resource allocation analysis, billing, and collections. Review financial results and scorecards with stakeholders, explaining key trends, variances, and potential risks. Assist with year-end audit reconciliations and account analysis processes. Keep the supervisor informed of known issues or actions that may affect the ability to successfully complete assignments or adversely affect company operations. Perform other projects or duties as assigned by management.
REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES:
Bachelor’s degree in accounting, finance, or a related field and 2–4 years of relevant experience; or an equivalent combination of education and experience. Ability to analyze financial results, identify trends and variances, develop forecasts, and clearly explain key financial drivers with moderate guidance. Proficiency with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint. Strong written, verbal, interpersonal, and presentation skills, with the ability to explain financial information clearly to individuals and groups, including management, employees, vendors, and business partners. Ability to calculate discounts, interest, variances, percentages, and related financial metrics. Ability to interpret written, oral, and diagram-based instructions and solve problems involving multiple variables in standardized situations. Ability to prioritize competing demands, respond to high-priority needs, meet deadlines, and produce accurate, timely work in a fast-paced environment. Ability to comply with company policies and procedures and applicable laws, regulations, and codes. PREFERRED KNOWLEDGE, SKILLS, AND ABILITIES:
Experience in construction accounting is highly desirable. CCIFP certification is preferred. Experience with Viewpoint Vista and/or HCSS is highly desirable; working knowledge of Spreadsheet Server, Power BI, SQL, and Crystal Reports is preferred. OTHER:
Must be able to work extended hours, up to 12 hours per day, during peak periods as needed. PHYSICAL DEMANDS:
The physical demands described are representative of those required to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee frequently communicates with employees and clients and must be able to exchange accurate information. Additional functions include standing and/or sitting in a stationary position for extended periods of time; using a computer/laptop in an office environment with natural and/or fluorescent lighting (50%+); navigating between office building floors; regularly attending off-site meetings or events; and lifting up to 35 lbs. unassisted.
WORK ENVIRONMENT:
The work environment characteristics described are representative of those an employee may encounter while performing the essential functions of this job. Most work is performed in an office environment; however, the employee may be required to occasionally travel to job sites. The employee frequently works both independently and with others. The employee may occasionally encounter high noise levels at job sites; hearing protection is provided and required.
This job description is not intended to be a complete list of all duties, responsibilities, or qualifications associated with the position. Duties, responsibilities, and activities may change at any time, with or without notice, based on business needs.
Additional Job Description:
Base Compensation: $95,000 - $105,000
The base salary range may vary depending on geographic location, applicant skills, and prior relevant experience.
We offer full-time employees a comprehensive benefits package, including medical, dental, and vision plans; life insurance; disability coverage; retirement plans with matching contributions; and generous paid time off. We also offer profit sharing, tuition reimbursement, and an employee assistance program.
Who Are We? Veit is one of the country’s leading specialty contractors, with nearly a century of experience and the best people in the industry. We specialize in foundations, earthwork, utilities, marine services, industrial cleaning, cured‑in‑place pipelining, and waste disposal. We pride ourselves on our relentless pursuit to push the construction industry forward and deliver for our customers. Our modern fleet of iron, diverse expertise, and unmatched determination allow us to successfully tackle some of the largest and most complex projects across every sector while also living out our values every day. Our company culture is one where everyone pitches in to get the job done, regardless of job title or seniority. We do everything we can to maintain an atmosphere where family comes first. We want every one of our employees to look forward to each day at work and make it home safe and happy at the end of the day.
Never settle, dig deeper Our Core Values
Deliberately Safe We believe all safety incidents are avoidable when everyone operates with a deliberate mindset. We are deliberately proactive and thorough in training and job planning. We are deliberately safe in our everyday operations and decision-making.
Build with Intention We build with intention. Whether in the office or the field, we work with grit and determination toward a better future for everyone involved. We leave things better than we found them, and never leave a job until we’re proud to put the Veit name on it.
Leaders Dig First Egos have no place at Veit. We expect everyone on our team to dig in with a leadership mentality. That means being willing to jump in, take ownership, and get mud on our boots - especially when times get challenging.
Real Relationships Like our work, we approach relationships authentically, with a long-term mindset. Whether you’re a client partner, vendor, or team member, we make an effort to build a more meaningful connection with you by communicating with respect and honesty.
Integrity in Everything As part of the Veit family, everything we do and say reflects on this entire company. We act with integrity, which means treating others just as we want to be treated, doing the right thing, and holding ourselves accountable.
VEIT IS AN EQUAL OPPORTUNITY AFFIRMATIVE ACTION EMPLOYER, INCLUDING VET/DISABILITY