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Financial Analyst

Veitusa · Rogers, MN

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Job Description:

Position Summary

The Financial Analyst I role provides financial reporting, analysis, and project support under the guidance of Finance leadership and senior team members. This role supports budgeting, forecasting, job cost analysis, WIP and project reporting, and financial data validation while building knowledge of construction project cycles, financial systems, and company reporting processes. The Financial Analyst I supports the monthly cost-to-complete process, backlog revenue and margin reporting, variance analysis, process improvements, and technology enhancements by compiling data, preparing reports, documenting findings, and learning established Finance processes.

Essential Duties and

RESPONSIBILITIES:

  • Participate in monthly cost-to-complete review meetings with Project Managers and Finance team members; assist in documenting over/under billing adjustments, approved change orders, and expected margin changes for review.
  • Assist with tracking backlog revenue and expected profit margins by compiling data, preparing reports, and escalating questions or discrepancies for review.
  • Support profit fade analysis by collecting data, researching variances, preparing summaries, and assisting with follow-up activities.
  • Prepare job cost and general ledger adjusting entries for review and approval in accordance with established Finance procedures.
  • Assist with tracking inventory valuations and recording inventory usage for jobs, under guidance from Finance team members.
  • Support process improvement efforts by documenting current processes, identifying potential efficiency gains, and assisting with approved technology enhancements.
  • Assist in developing and generating dashboards and monthly reporting packages for Project Managers, Service Group VPs, and Executive Leaders.
  • Support WIP reporting, project reporting, project forecasting, and financial data validation across relevant systems and processes.
  • Assist with project structure, data governance, billing, and collections support as directed.
  • Prepare standard reports, scorecards, and financial summaries for review by Finance leadership and operational stakeholders.
  • Assist with year-end audit reconciliations and account analysis by preparing schedules, gathering supporting documentation, and researching reconciling items.
  • Learn and apply company financial systems, construction terminology, job cost processes, and established reporting standards.
  • Keep supervisor informed of known issues or actions that may affect the ability to successfully complete assignments or may adversely affect company operations.
  • Other projects or duties as assigned by management. REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES:
  • Bachelor’s degree in Accounting, Finance, or a related field; 0–2 years of relevant experience; or an equivalent combination of education and experience.
  • Basic understanding of accounting, finance, budgeting, forecasting, and financial analysis principles.
  • Proficiency with Microsoft Excel, including formulas, data organization, pivot tables, lookups, and basic financial reporting or analysis.
  • Ability to collect, organize, validate, and analyze financial data with strong attention to detail and accuracy.
  • Proficient with Microsoft Office Suite, including Word, Outlook, and PowerPoint.
  • Strong verbal and written communication skills, with the ability to clearly communicate information to all levels of management, employees, vendors, and business partners.
  • Strong interpersonal skills, including the ability to communicate effectively with individuals and groups.
  • Ability to calculate figures and amounts, including discounts, interest, variances, percentages, and related financial metrics.
  • Ability to interpret and apply written, oral, or diagram-based instructions and to solve problems with multiple variables in standardized situations.
  • Ability to prioritize work, respond to high-priority tasks, and meet deadlines in a fast-paced environment.
  • Ability to produce accurate, timely, and detail-oriented work products.
  • Ability to comply with company policies and procedures, as well as applicable codes, laws, and regulations. PREFERRED KNOWLEDGE, SKILLS, AND ABILITIES:
  • Experience in construction accounting is preferred.
  • CCIFP certification or an interest in pursuing certification is preferred.
  • Exposure to Viewpoint Vista, HCSS, Spreadsheet Server, Power BI, SQL, or Crystal Reports is preferred OTHER:
  • Able to work extended hours, up to 12 hours per day, during peak periods. PHYSICAL DEMANDS: The physical demands described are representative of those that must be met by any employee to successfully perform the essential functions of this job. Reasonable accommodations 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: stand and/or sit in a stationary position for extended periods of time; 50%+, use a computer/laptop in an office environment with natural and/or fluorescent lighting; navigate between office building floors; regularly attend off-site meetings or events; and lift up to 35 lbs. unassisted. WORK ENVIRONMENT: The work environment characteristics described here are representative of those employees may encounter while performing the essential functions of this job. Most often, the work is performed in a typical office environment; however, occasional jobsite travel is required. The employee frequently works both independently and with others. The employee may occasionally encounter high noise levels when visiting jobsites, but hearing protection is provided and required. Additional Job Description: Base Compensation: $75,000 - $80,000 The base salary range may vary depending on geographic location, applicant skills, and prior relevant experience. We offer our full-time employees a comprehensive benefits package that includes medical, dental, and vision plans, life insurance, disability coverage, retirement plans with matching contributions, and generous paid time off. Additionally, we provide 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