Project Finance Specialist

MWH is a leading water and wastewater treatment-focused general contractor in the US with a rich history dating back to the 19th century. Fueled by the mission of Building a Better World, our teams are rapidly growing across the nation.

As a company committed to our team's well-being and growth, we offer a supportive work environment, opportunities for advancement, and the chance to contribute to a mission that shapes the future. Your expertise and ambition are valued here.

The work we do matters. The critical systems infrastructure we build changes lives, betters' communities, and improves ecosystems. If you're passionate about this, we want to hear from you!

About the Role

The Project Finance Specialist - Construction is responsible for the financial planning, monitoring, and reporting of construction projects from preconstruction through closeout. This role partners closely with project managers, estimators, project controls, and accounting to ensure projects are financially sound, properly funded, and delivered within approved budgets and cash flow targets.

Essential Functions

Preconstruction & Financial Planning

• Support preconstruction financial planning, including cost estimates, project budgets, and cash flow projections
• Assist with financial feasibility analyses, pro formas, and return metrics for construction projects
• Review bid packages, subcontractor pricing, and assumptions for financial accuracy
• Develop baseline budgets aligned with contracts, schedules, and scopes of work

Budgeting, Forecasting & Cost Control

• Maintain and update project budgets, forecasts, and cost-to-complete (CTC) estimates
• Track project costs, commitments, change orders, and contingencies
• Analyze cost variances, productivity trends, and financial risks
• Partner with project managers to identify corrective actions for budget or margin impacts

Cash Flow, Billing & Funding

• Develop and manage construction cash flow forecasts and funding requirements
• Support progress billing, pay applications, retainage, and revenue recognition
• Monitor owner payments, subcontractor payments, and working capital impacts
• Coordinate with lenders, owners, or internal finance teams on draw schedules and funding milestones

Change Management & Risk Analysis

• Evaluate the financial impact of change orders, claims, and potential scope changes
• Track approved and pending changes and their effect on project margins and cash flow
• Identify financial risks related to schedule delays, cost escalation, or subcontractor performance

Reporting & Stakeholder Communication

• Prepare monthly project financial reports, including budget vs. actuals, forecasts, and cash flow
• Provide financial insights to project executives, operations leadership, and finance teams
• Support internal and external audits, lender reviews, and project closeout documentation

Systems, Controls & Compliance

• Maintain accurate financial data within project management and ERP systems
• Ensure compliance with contract terms, company policies, and internal financial controls
• Support continuous improvement of construction financial processes and reporting tools

Basic Qualifications

Education & Experience

• 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

Technical Skills

• Strong proficiency in Excel and construction financial reporting tools
• Experience with ERP and project systems (e.g., Procore, CMiC, Viewpoint, SAP, Oracle)
• Working knowledge of construction contracts, billing methods, and revenue recognition
• Understanding of cost codes, WBS, and project scheduling integration

Core Competencies

• Strong analytical and problem-solving skills
• Ability to collaborate with project managers, superintendents, and executives
• Detail-oriented with the ability to manage multiple active projects
• Clear communicator capable of translating financial data into operational insights

Preferred Qualifications

• Experience in CMiC (ERP) and PowerBI

Compensation

The anticipated salary for this position is budgeted at $140,000 - $180,000 a year

Benefits

• Group health & welfare benefits including options for medical, dental and vision
• 100% Company Paid Benefits: Employee Life Insurance & Accidental Death & Dismemberment (AD&D), Spouse and Dependent Life & AD&D, Short Term Disability (STD), Long Term Disability (LTD), Employee Assistance Program and Health Advocate
• Voluntary benefits at discounted group rates for accidents, critical illness, and hospital indemnity
• Flexible Time Off Program (includes vacation and personal time)
• Paid Sick and Safe Leave
• Paid Parental Leave Program
• 10 Paid Holidays
• 401(k) Plan (company matching contributions up to 4%).
• Employee Referral Program

MWH Constructors is a global project delivery company in heavy civil construction with a focus on water and wastewater treatment infrastructure. With the ultimate goal of delivering maximum value to clients and their local communities, MWH Constructors provides single-source, integrated design and construction services through a full range of project delivery methods. Incorporating industry-leading preconstruction and construction services, the Company's multi-disciplined team of engineering and construction professionals delivers a wide range of projects, including new facilities, infrastructure improvement and expansion, and capital construction services.

Equal Opportunity Employer, including disabled and veterans.

Please note that all positions require pre-employment screening, including drug and background check, as a condition of employment.