Project Finance Manager

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Methuen Construction is a leading self-performing industrial and heavy civil general contractor with over 65 years of experience. We specialize in the construction of water and wastewater treatment facilities, industrial facilities, and other critical infrastructure projects. Serving private, municipal, state, and federal clients across the Northeast, we deliver innovative, well-planned projects that are completed on time and with an uncompromising focus on safety.

At Methuen, we foster a culture of teamwork, respect, and a can-do attitude that values every teammate and stakeholder.

The Project Finance Manager oversees the financial management of complex, high-value capital construction projects throughout the project lifecycle, from initial setup and budgeting through execution, forecasting, and financial closeout. This role ensures financial accuracy, accountability, and proactive cost management to protect profitability, mitigate risks, and support successful project delivery.

This role serves as a critical link between Project Management, Construction Operations, Project Controls, and Corporate Finance to ensure accurate job cost reporting, financial accountability, forecasting, and compliance with company policies and procedures. The Project Finance Manager provides financial oversight, guidance, and support to project teams, ensuring that project costs, commitments, revenue, cash flow, and financial risks are properly managed. The position emphasizes proactive financial management, early identification of cost impacts, accurate forecasting, and continuous improvement of project financial performance.

Essential Functions will be performed by the Project Finance Manager on all projects assigned within the region and at the direction of the VP Business Operations.

• Oversee financial management of complex, high-value capital construction projects from preconstruction through financial closeout.
• Lead project financial planning, setup, budgeting, forecasting, and cash flow management, ensuring alignment with contract requirements, schedules, and project scope.
• Monitor and manage job costs, commitments, expenditures, change orders, contingencies, and overall project financial performance.
• Analyze cost variances, productivity trends, financial risks, and change impacts to identify opportunities for corrective action and protect project profitability.
• Review and validate cost-to-complete forecasts, financial reports, project billing, revenue recognition, and cash flow projections.
• Partner with Project Management, Project Controls, Accounting, and Procurement to support financial decisions, reporting accuracy, and accountability.
• Establish and uphold project financial governance, ensuring compliance with company policies, approval authorities, internal controls, and contractual requirements while supporting executive reporting, audits, and final project financial reconciliation and closeout.

• Bachelor’s degree in Finance, Accounting, Construction Management, or related field
• 3–7+ years of experience in construction finance, project controls, or cost management
• Experience with large commercial, industrial, or infrastructure construction projects preferred

• Strong proficiency in Excel and construction financial reporting tools
• Experience with ERP and project systems
• Working knowledge of construction contracts, billing methods, and revenue recognition
• Strong analytical and problem-solving skills
• Ability to…