Sr. Director, Finance | FP&A - Construction for large Healthcare Organization

Vertical Careers, Inc. - Pasadena, CA

Sr. Director Finance - Construction

***Client is open to Relocation Applicants***

Our client, a large healthcare organization is seeking a dynamic and proven leader as Senior Director of Finance (Construction) located in Los Angeles, CA. He/She will oversee construction for Southern CA, Colorado, Mid Atlantic, and Georgia regions. Could be working on new build's in the $100's of millions of dollars or on projects that are $1 million dollars. Will have 6 to 8 direct reports with a total team of 30 to 50 people.


Highly visible finance leader responsible for directing and overseeing the financial management functions for large scale, high profile design and construction projects in excess of $1B. This includes accountability, oversight, and responsibility for the management of facility and capital project operating expense budgets; ensuring verification of budget commitments and reconciliation of expenditures; ensuring data accuracy in project tracking system; ensuring cost forecasts are consistent with established and documented project specifications (scope, work plan, schedule); reviewing cost movement progress reports and making change recommendations as appropriate; overseeing and guiding the development and implementation of project financial standards and procedures; and ensuring the provision of financial and accounting support for the acquisition, disposition, and maintenance of land and facilities.

Essential Responsibilities:

  • Develop and lead finance function for large scale, complex, owned construction projects. Manage financial and reporting systems to make timely determinations of risks and opportunities. Manage large scale contract volume and related schedule of values to determine proper recording of the ensuing asset.
  • Complexity of work is very high due to the many work streams that need to be created, managed, and executed to ensure a positive business outcome. There is a high level of financial, reputational, and business risk to be managed and addressed from the identification of growth opportunities through full integration and value creation.
  • Partner with the Project management and finance leadership/functions to ensure proper financial analysis is provided supporting reviews and decisions. This includes application of economic models, scenario planning, and sensitivity analysis.
  • Work with the legal and business development team to create/amend contract language on major agreements.
  • Define the work structure, including identifying subject matter experts and defining their roles for financial processes, systems, and reporting.
  • Manage project economics including: track project budgets, monitor, and report risks/opportunities, ensure funding requests, and that business cases are developed, managed, and monitored.
  • Mentor and manage teams and/or resources and check the quality of work.

 

Qualifications/Skills:

  • Bachelor's degree in Business Administration, Finance and Accounting, Marketing, Statistics, or related field required.
  • Master's degree in Business Administration, Finance and Accounting, Construction Finance, or related field preferred.
  • 3+ years Real estate/General Contractor financial experience preferred. 
  • 5+ years experience interacting with executive leadership (e.g., Vice President level and above) required.
  • 5+ years experience in capital project/business case analysis and monitoring, to include, but not limited to analyzing and reporting costs, cash flows, risks, opportunities and tracking financial benefits required.
  • 6+ years experience managing capital and operational budgets required.
  • 7+ years healthcare experience preferred.
  • 7+ years FP&A experience preferred.
  • 8+ years management experience required.
  • 12+ years of progressive experience in a senior construction finance role, handling large scale construction project budgets and forecasts, to include contracting types and methods, and managing OCIP/CCIP programs required.



Posted On: Friday, March 6, 2020
Compensation: up to $215K + 20% Bonus



Position Contact
Eva Chiu
Managing Partner| Executive Search
(626) 486-9467
eva@vertical-careers.com,

Eva Chiu has over 15 years of specialized staffing and recruitment expertise. Eva is known for her energy, enthusiasm and passion for connecting the right people with the right opportunities. Her dedication to providing the highest quality service to both clients and candidates is one of her strongest attributes. Prior to Vertical Careers, Eva spent nearly 10 years with one of the nation’s largest specialized staffing firms first, as an account manager, and then as an executive recruiter specializing in accounting and finance professionals, achieving numerous accolades, including:

  • Superstars 2003, 2004 (Account Manager)
  • Superstars 2005, 2006, 2008, 2009 & 2010 (Executive Recruiter)
  • Rookie of the Year 2005 (Executive Recruiter)
  • Southern California Executive Recruiter of The Year 2006
  • Platinum Club 2006, 2008 & 2010 (Top 5%)
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