Quanta Services Director Major Projects Reporting in Houston, Texas
SUMMARY:The Director of Major Projects Reporting role is a Quanta Services, Inc. corporate role with International responsibilities to lead and manage the development and integration of finance and accounting (F&A) related support services across major EPC projects.
Scope:Corporate and Operating Units
ESSENTIAL/ NON-ESSENTIAL JOB FUNCTIONS:
The Director role reports to the Chief Accounting Officer of Quanta Services, Inc. (Quanta) and is responsible for ensuring delivery of all finance and accounting support services to Quanta’s operational executives responsible for major projects. Quanta’s major projects are growing in number, contract value, scope of services, execution complexity, and other risk exposures requiring the development and implementation of risk mitigation and execution procedures.
This position has been created to lead and manage the development and integration of finance and accounting (F&A) related support services across Quanta Services, Inc. Major projects are typically defined as having contractual revenues of $100M or greater.
The Major Projects Support Group has been developed with a focus on supporting OPU Management and project teams to enhance major project performance through more effective project planning, start up, and performance reporting through expanded use of common best practices, systems and tools. The Director of Major Projects Reporting will be responsible for continuing the focus and leadership of the Major Projects Support Group.
Support covers project life cycle with an emphasis on project planning and start up including:
Cost budgeting, reporting, and forecasting, Change / contract management (Client prime contract and Sub & Supplier contracts), Risk & contingency management, Schedule planning and management.
Assist in expanding use of EcoSys project cost control system to improve performance visibility.
Work with functional groups to develop and implement F&A procedures and tools to address the major project life cycle with specific emphasis on the initial scoping, planning, and project startup, including:
Project Planning and Approval
Organization and Governance (including project setup, kick-off etc.)
Scope / Change Management
Risk Management (incl. Insurance & Bonding)
Contract Management/Procurement-Subcontractors, Suppliers & Vendors
Scheduling and Planning
Cost and Budgeting (including cost control system utilization)
Financial Reporting (External & Internal)
Provide F&A support as required in evaluation and risk assessment of Major Projects bid opportunities, including participating in and support of “Pre-Bid Risk Reviews”. Provide review and analysis of bid finance terms, billing and payment arrangements, project cash flow model, identification and quantification of project risks and contingency requirements. Work with Legal to ensure the “Force Guidelines” have been adequately addressed in the bid and contracting process.
Work with Operating Units (OPUs) as required to provide development of Estimates for Major Projects Support Infrastructure requirements.
Assist in hiring and training “Project Controllers” within the OPU’s including participating in interview process. Provide training to Project Controllers and OPU F&A staff on F&A best practices for major projects.
Provide direct Supervision to Director, Operations Accounting.
Provide project startup support, including training and assistance with planning and mobilization activities, including:
Provide guidance and oversight to OPU’s staff in developing work break-down Structure (WBS) consistent with ERP / EcoSys requirements.
Provide guidance and oversight on Project Reporting Setup in alignment with Cross Functional Groups (PC’s, Commercial / Legal, Operations, Procurement etc.).
Work with OPU Project Controls Groups to ensure alignment between PC’s and Finance in Progress tracking, scheduling and change management reporting practices etc.
Provide oversight in the implementation of standardized Project Reports, Processes and Tools.
Participate in OPU Monthly Project Reviews as required to ensure project understanding and consistency of approach and reporting practices. Review and assess basis and documentation for change order or claim revenue recognized on identified major projects ensuring Quanta’s revenue recognition policies and procedures are followed.
Participate in Quarterly Project Reviews in Houston providing direct support to CFO and CAO in reviewing status of Major Projects, risk analysis and financial position taken.
Support Quanta’s CFO/CAO with respect to analysis, reviews, and specific queries related to major projects performance and reporting, as required.
Interface and communicate with Quanta’s external auditor, PWC, with respect to major projects as required.
Perform other duties as assigned
EDUCATION AND EXPERIENCE REQUIREMENTS:
Required Education and Experience:Minimum of Bachelor’s in Accounting, Masters Preferred
The Director of Major Projects Reporting must possess a strong blend of experience in financial and operations management with natural skills in building genuine connections with people at all levels to inspire teams to produce exemplary results, via hands-on involvement and cross-functional delegation.
▪ Expert in transforming underperforming initiatives and streamlining efficiencies; collaboratively participates in the development of financial, operational, and strategic plans and programs; translates strategic and tactical business plans into operational and financial plans that eliminate millions of dollars in costs.
Minimum 10 years of experience in related field and role with heavy emphasis on operations project management, project controls as well as finance & accounting in the following areas.
· Budgeting / Costing & Forecasting
· Operational Audits & Claim Preparation
· Internal Controls
· Mergers & Acquisitions Due Diligence
· Process Review and Improvement
· Leading Training Programs
· Risk Management & Mitigation
· Strategic Change Management
· Project Controls
· Policy & Procedures
· Systems Implementation
· SOX (Bill 198)
Systems – JD Edwards, Hyperion IPM, Ecosys, Microsoft Office Suite
Supervises others: Yes
Has hiring and terminating responsibilities: Yes
Number of employees report to this job: Less than 10.
Percent of time: Approximately 75%
Ability to establish, build and maintain effective relationships with Operating Units and represent the company in a public forum
Ability to comprehend and interpret regulatory requirements
Excellent verbal and written communication skills
Ability to speak in front of large groups
Ability to train employees on a variety of renewable topics
Ability to organize and manage multiple tasks and initiatives simultaneously
Possess the qualities of self-motivation and results-orientation
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Requisition ID 2021-2399