Assistant Finance & Commercial Risk Manager Glendale, CA

Assistant Finance & Commercial Risk Manager

We are looking for an experienced Assistant Finance & Commercial Risk Manager to support financial leadership and risk oversight for a major construction operation in California. This role blends strategic planning, project financial analysis, and commercial risk management to help safeguard profitability and strengthen business performance. The ideal candidate brings strong judgment, leadership capability, and a proven background in budgeting, reporting, cash management, and construction-related contract risk.

Responsibilities:

• Guide and develop finance, accounting, payroll, and administrative team members while fostering accountability and focused growth across the district.
• Work closely with finance leadership and operational partners to align financial objectives with district strategy and business priorities.
• Deliver training and practical guidance on financial controls, commercial risk matters, and sound decision-making to support district teams.
• Coordinate the annual planning cycle, helping business leaders establish targets, monitor performance, and maintain ownership of results.
• Track receivables and cash flow across projects and district activities, identifying concerns early and recommending actions to protect liquidity.
• Collaborate with operations teams to assess project exposure, address cost variances, and implement plans that reduce financial and commercial risk.
• Support the development of the district's overall risk profile and contribute to financing and risk management strategies for ongoing and future work.
• Oversee documentation and review processes related to insurance matters, subcontractor default coverage, claims activity, bonding, and other performance security requirements.
• Review and negotiate exceptions to standard supplier, subcontractor, consultant, owner, and project contract terms in partnership with leadership and project teams.
• Analyze district and project financial results, including profit trends, budget performance, funding adequacy, and joint venture partner financial strength, then provide actionable recommendations to senior leadership.