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Senior Associate, Construction Finance
Job in
Hamden, New Haven County, Connecticut, 06514, USA
Listed on 2026-11-01
Listing for:
NorthMark Strategies LLC
Full Time
position Listed on 2026-11-01
Job specializations:
-
Finance & Banking
Financial Reporting, Financial Analyst
Job Description & How to Apply Below
stamford ct:
dallas tx:
posted yesterday:
r13445
** the position
** northmark strategies is seeking a
** senior associate, construction finance**, to join the enterprise finance team. This role is responsible for driving activities related to budgeting, forecasting, variance analysis, financial modeling, and reporting across a large-scale, complex construction project. The senior associate will prepare and develop core finance and operational deliverables, partner with internal functional teams, and contribute to process improvement and technology initiatives. The ideal candidate brings strong analytical skills, hands-on construction finance experience, and a genuine interest in leveraging technology to improve how the team works.
** responsibilities
* **** monthly financial reporting & governance
**** own the preparation of the monthly project financial reporting package, consolidating inputs from the general contractor’s project finance team into deliverables for leadership and the board.
* review and validate the general contractor's monthly cost reports, schedule of values, and change order logs for accuracy, completeness, and consistency with the contract and approved budget.
* maintain the budget-to-actual tracking across all cost categories (hard costs, soft costs, ff&e, contingency, owner-direct costs), identifying and explaining variances to project leadership.
* prepare and present earned value management (evm) analysis, including planned value, earned value, actual cost, cost performance index, and schedule performance index, to monitor contractor performance against the baseline schedule and budget.
* maintain a rolling forecast (typically 12–18 months) of cost-to-complete, projected final cost, and cash outflow, stress-testing contractor forecasts against trend data, change order exposure, and contingency drawdown.
* maintain monthly dashboards and executive summaries that translate complex construction financial data into clear, decision-ready insights for non-construction stakeholders.
* translate technical construction cost and schedule concepts into financial language appropriate for non-technical executive and investor audiences.
* support budget and forecast discussions during capital planning, annual budgeting, and project go/no-go decisions.
*** risk, controls & compliance
**** support or lead owner-side audits of contractor cost records, subcontractor buyout logs, and self-performed work billing.
* confirm contractor compliance with contract billing terms, retention, insurance, bonding, and lien waiver requirements prior to payment recommendation.
* partner with legal and risk management on contract interpretation as it relates to cost, billing, and payment provisions.
* identify and recommend improvements to the owner's financial reporting templates, cost coding structure, and reporting cadence as the capital program matures.
*** technology, ai & process innovation
**** own planning and reporting in onestream or the team’s cpm platform for assigned entities; maintain data integrity and model consistency
* actively apply ai-enabled tools and emerging technologies to improve analytical workflows, automate recurring tasks, and accelerate reporting
* identify process inefficiencies and drive improvement initiatives — automation, standardization, and manual effort reduction within assigned scope
* build and maintain data visualizations and management reports using power bi, tableau, or comparable bi tools
* support general ledger categorization alignment between fp&a and accounting; flag and resolve data discrepancies within assigned entities
* contribute as a knowledgeable participant in broader erp…
Position Requirements
10+ Years
work experience
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