Project Financial Analyst

About the role: The Project Financial Analyst plays a critical role in supporting the financial health and profitability of construction projects for a subcontractor. This position involves detailed cost tracking, budget monitoring, forecasting, and reporting to ensure projects stay on budget; variances are identified early, and accurate financial insights are provided to project managers, estimators, and leadership. The role requires strong analytical skills, collaboration with construction teams, and familiarity with construction-specific financial practices such as job costing, change orders, retainage, and progress billing impacts. Key Responsibilities: Assist in the development and refinement of project budgets, cost forecasts, and financial plans in coordination with estimators, project managers, and construction leads during bidding, pre-construction, and active execution phases. Monitor actual project expenditures (labor, materials, equipment, subcontractors) against budgeted amounts; track and analyze cost variances on a weekly basis, providing detailed explanations and working with project teams to implement mitigation plans for potential overruns. Prepare and maintain regular project financial reports, including cost-to-complete forecasts, earned value analyses, job profitability summaries, variance reports, cash flow projections, and other key metrics for internal leadership and project stakeholders. Collaborate closely with project managers, superintendents, foremen, and field teams to gather real-time cost and progress data, understand cost drivers, validate work completion, and ensure accurate financial tracking. Support the review and validation of incoming subcontractor/vendor invoices and outgoing billings to general contractors/owners, ensuring alignment with contract terms, approved change orders, retainage schedules, and budgeted costs. Maintain comprehensive project financial documentation, including cost databases, change order logs, budget revisions, lien waiver records, and financial models; ensure files are current, organized, and audit ready. Identify opportunities for process improvements in job costing, reporting, and financial workflows; participate in reviews and assist in implementing best practices to enhance accuracy, efficiency, and timeliness. Assist with project close-out activities, including final cost reconciliations, profitability analysis, and lessons learned documentation. Perform other duties and special projects assigned to support the accounting and finance team, project execution, and the overall success of the company. Qualifications: Bachelor's degree in finance, accounting, construction management, business administration, or related field required. Advanced proficiency in Microsoft Excel (including financial modeling, pivot tables, VLOOKUPs, and data analysis functions); experience with construction-specific software (e.g., Sage 300, Viewpoint, Procore, Foundation, or similar job costing/ERP systems) is highly desirable. Strong analytical and problem-solving skills with the ability to interpret complex financial data and provide actionable recommendations. Excellent organizational and time-management abilities to handle multiple active projects and meet reporting deadlines. Effective verbal and written communication skills for collaborating with office and field personnel. Detail-oriented with a proactive mindset to anticipate cost risks and identify profitability opportunities. Familiarity with construction industry practices (e.g., job costing, change orders, progress billing, retainage, lien waivers, certified payroll) is strongly preferred. Experience 2+ years of experience in project financial analysis, cost control, project accounting, or a related analytical role, preferably in the construction industry, subcontracting, or project-based environments. Prior exposure to construction-specific financial tracking (e.g., budget vs. actual analysis, cost-to-complete forecasting, variance reporting, earned value management) is highly desirable. Experience working with project teams in a deadline-driven, fast-paced setting and supporting multiple simultaneous projects. Demonstrated ability to produce accurate, insightful financial reports and contribute to cost-saving or profitability initiatives. Physical Requirements: Sit for extended periods (typically 6-8 hours per day) while performing computer-based tasks such as financial modeling, data analysis, report generation, and spreadsheet work. Use hands and fingers to operate standard office equipment, including computers, keyboards, mice, telephones, scanners, printers, and calculators. Occasionally stand, walk, bend, stoop, or reach to access filing cabinets, retrieve documents, or attend meetings. Occasionally visit active construction sites (with proper PPE) to gather field data, meet with project teams, or verify progress; this may involve walking on uneven surfaces, exposure to typical construction site conditions (noise, dust), and climbing stairs/ladders in limited instances. Lift, carry, push, or pull light objects and materials weighing up to 20-25 pounds (e.g., binders, laptops, or file boxes). Have sufficient vision (with or without correction) to read computer screens, printed documents, and small print; and sufficient hearing to communicate effectively by phone, in meetings, or on job sites. Work in a typical indoor office environment with moderate noise levels, with occasional exposure to outdoor construction environments. Benefits & Total Rewards: Opportunities for Growth Hands-on training and career advancement in an exploding data-center industry. Medical, Dental, and Vision Insurance We cover 100% of individual medical premiums and help offset the cost of family coverage. 4 01K with Employer Match Eligible after 90 days, with company matching to help you invest in your future. Disability Coverage Both short- and long-term disability insurance provided at no cost to our employees. Flexible PTO Take time off when you need it, no accruing time necessary. Field-Based Employee Benefits For eligible field-based roles that require travel, Divcon covers all business travel expenses and provides a per diem, phone allowance, tools, and PPE at no cost. Eligible employees also receive paid training and additional reimbursable business expenses. About Us: Headquartered in Dallas, Texas, Divcon delivers fully integrated automation solutions nationwide that optimize performance, energy efficiency, and reliability across HVAC, lighting, power monitoring, and mission-critical systems. Leveraging advanced technologies - including Allen-Bradley PLCs, Ignition SCADA, and Delta DDC systems - we combine deep technical expertise with field-tested execution to deliver precise, scalable, and high-performance solutions.