Project Financial Controls Manager
Milhouse - Chicago, IL
Hiring: Project Financial Controls Manager Company: Milhouse Location: Chicago, IL Job Posted Time: 2026-09-12 14:59:24 Employment Type: Contract Target Skills & Keywords : Microsoft Excel, Project Management, REST About the job Experience: •10 years of progressive experience in project controls, project finance, FP&A for a project-based business, or related financial operations •Minimum 10 years of progressive experience in project controls, project finance, FP&A for a project-based business, or related financial operations Required Skills: •Lead and develop the Project Financial Controls team and assign project validation and financial review coverage. •Approve project setups and structural changes in Deltek, including contract type, billing structure, rates, fees, revenue method, budgets, phases/tasks, and key financial assumptions. •Establish and maintain standards for project forecasting, financial reviews, invoice validation, controls documentation, audit support, and recurring reporting. •Review project P&Ls and financial performance, including revenue, direct labor, subconsultants/ODCs, overhead, multipliers, margin, burn, backlog, EAC, ETC, and remaining fee. •Evaluate T&M/cost-plus and lump-sum/fixed-fee project structures and identify financial risks created by contract terms, rate tables, staffing plans, scope changes, or delivery performance. •Translate financial findings into clear recommendations for Project Managers and Group Leaders, including staffing, scope, rate, change-order, billing, or delivery actions. •Ensure invoices do not bypass required Controls validation and verify that identified exceptions are resolved before invoices advance for Project Manager approval. •Lead Controls review of percent-complete (% complete) and monthly project financial meetings; challenge % complete, ETC/EAC, staffing, remaining fee, backlog, and revenue assumptions, and ensure approved updates are reflected in Deltek. Qualifications: •Four-year bachelor's degree in Finance, Accounting, Business, Construction Management, Engineering Management, or a related field from an accredited College or University. Equivalent relevant experience may be considered. •Prior team leadership experience required. •Advanced understanding of project financial management, project P&Ls, profitability, multipliers, labor and billing rates, overhead/burden rates, and margin analysis. •Strong knowledge of T&M/cost-plus and lump-sum/fixed-fee contract structures and the financial risks associated with each. •Demonstrated experience with project forecasting and controls, including EAC, ETC, backlog, burn rate, remaining fee, percent complete, and revenue leakage. •Demonstrated capacity to evaluate staffing/resource plans and model the impact of labor mix, rates, cost, and overhead on project profitability. •Strong quantitative analysis, forecasting, financial interpretation, and problem-solving skills with the ability to convert findings into corrective actions. •Demonstrated ability to lead and develop a team, establish standards, and manage multiple project reviews and deadlines. •Knowledge of project management principles and professional-services or engineering/construction project delivery. •Medical, Dental & Vision Coverage – Reach out to learn how your deductible could be covered 100% through Garner Health! Compensation: •$114,500 - $142,000 / year •Medical, Dental & Vision Coverage – Reach out to learn how your deductible could be covered 100% through Garner Health! Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!