Job Description
The Construction Financial Analyst is responsible for providing financial planning, analysis, and reporting support for construction projects within the healthcare sector. This role collaborates closely with project managers, finance teams, and healthcare leadership to ensure the financial success of capital construction projects, renovations, and facility upgrades. The analyst will monitor budgets, evaluate cost performance, and deliver insights to guide critical decision-making in a dynamic healthcare environment.
Responsibilities
• Develop, monitor, and update detailed project budgets for multiple healthcare construction projects, including new facilities, expansions, and renovations.
• Prepare financial forecasts, variance analyses, and regular reporting for project stakeholders, including executives, finance, and construction management teams.
• Track and analyze project expenditures, commitments, and change orders to ensure alignment with approved budgets and timelines.
• Evaluate contractor and vendor proposals, change orders, and invoices for accuracy, completeness, and compliance with contract terms.
• Work closely with project managers, architects, engineers, and contractors to identify and mitigate financial risks and cost overruns.
• Assist in the development of capital expenditure requests and business cases for new construction and major renovation projects.
• Support audits and regulatory reviews by maintaining thorough financial records and documentation in accordance with healthcare industry standards.
• Conduct post-project financial reviews to assess performance, identify lessons learned, and drive continuous improvement.
• Stay current on industry trends, construction best practices, and regulatory changes impacting healthcare construction finance.
Qualifications
Experience: 4 years financial analysis experience in construction
Education: Bachelor's degree in finance, accounting or related field.
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