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Senior Manager Finance & Commercial Risk

Company: PCL Construction
Location: Long Beach
Posted on: November 26, 2022

Job Description:

The future you want is within reach.

At PCL, we build the places where life happens and find camaraderie in the process. We're a community of builders committed to building better communities. That's why we're always looking ahead, and not just to the next project or what's next in our industry.

We're also looking at what's next for you and how we can help you build a career you're proud of.

We are seeking a strategic and innovative business partner for a high leverage, high impact opportunity within our Los Angeles California Office. The Senior Manager of Finance and Commercial Risk will take on a leadership role in a high growth district within PCL Construction's commercial construction division. Reporting to District Leadership, this high visibility position requires a strategic and consultative partnership with both district and corporate leadership to drive future growth for our California Buildings district.

As the finance leader of the Southern California area, the Senior Manager Finance and Commercial Risk is accountable for the overall financial and risk management of the district and is a strategic business partner to the Senior Vice President, California Buildings, and the entire district's leadership team in developing and implementing growth, profit, and efficiency improvement strategies for the business. The Senior Manager Finance and Commercial Risk reports to the Senior Vice President, California Buildings and indirectly to the Director Finance and Commercial Risk, U.S. Buildings and Civil. This role contributes to the overall success of the District by effectively analyzing, communicating, and managing the risk profile of the business.

This position is based in Los Angeles California and will require relocation to Los Angeles. Financial assistance is available for relocation.

Here's how a(n) Senior Manager Finance & Commercial Risk for our California Buildings office contributes to our team:


Financial Leadership & Relationships
Lead a department of approximately 20 financial and commercial risk professionals.
Represent the District externally to owners, consultants, and subcontractor partners.
Partner with senior management and operations staff on district strategy to achieve financial and strategic priorities.
Provide the District with financial and commercial risk training.

Strategic Planning
Partner with District and Area Office leaders to develop short- and long-term goals that reflect the growth strategy of the Company for the District.
Align with, communicate, and help drive the District's operational and financial goals throughout the year, proactive flagging risks and developing mitigation strategies to meet targets.

Commercial Risk Guidance
Develop overall risk profile for the District and develop strategies for effective financing and risk management
Supports pursuit and project teams to ensure risks and opportunities are identified, communicated, and managed effectively.
Reviews, drafts, and negotiates various forms of contract language.
Oversees the pricing and placement of insurance, performance securities, and subcontractor default insurance products.
Partner with the corporate risk management team on owner and trade subcontractor insurance, bonding, and subcontractor default insurance issues.
Partner with corporate legal on high-risk legal reviews and/or legal claims to maximize claim recovery.

Financial Analysis & Monitoring
Partner with all areas of the district to ensure all financial and operational targets are met.
Analyze District's financial results with respect to profits, trends, costs, and compliance with project and administrative budgets.
Provide the District leadership team with proactive analysis, feedback, and input on project performance.
Evaluate potential joint venture partner financial capability.
Verify owner funding sources to ensure adequate financing exists for new projects and collaborate with operations to mitigate financial risks through course of construction.
Oversee and provide guidance with respect to owner audits, owner or subcontractor claims, or other project related financial issues.
Collaborate with corporate finance on tax, license, and compliance issues.

Planning & Cash Management
Lead yearly planning process and drive ownership and accountability of actual results compared to plan.
Proactively monitors project and district receivables and cash position.
Work with operations to develop mitigation strategies for risks and cost deviations.


Bachelor's degree in Accounting or Finance
CPA designation preferred
10+ years of accounting and managerial experience
5+ years in senior leadership finance or risk management role
Experience in the construction industry preferred
Advanced knowledge of construction contracts, insurance, bonding and other performance security requirements, lien laws and sales taxes for contractors

PCL is an innovative, employee-owned company comprised of people who find passion in their profession and take pride in doing great work every day. Our work powers the infrastructure and utilities that are essential to daily life and our projects are the scene of vacations, careers, education and healing. We are consistently ranked among the best companies to work for because we are committed to supporting and developing our teams.

The PCL Companies celebrate diversity and are proud to be an equal opportunity employer. We are committed to creating equitable opportunities and an inclusive environment for all employees and applicants. We make employment-related decisions without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, age, disability or veteran status.

PCL combines numerous pay and benefit strategies to provide a comprehensive and competitive total rewards package. The total rewards package includes an employee share purchase offering, discretionary annual performance bonus, comprehensive benefits & wellness programs, retirement plan plus matching and career development programs.

Should you require an accommodation during the application process, please contact us at ...@pcl.com with the position and location you are interested in.

Together, we can build success and a better future. Let's get started!

Employee Status: Regular Full-Time

Company: PCL Construction Services, Inc.

Primary Location: Los Angeles, California, Alberta, Arizona, Bakersfield, California, Banff, Alberta, British Columbia, Burns Lake, British Columbia, Calgary, Alberta, California, Canmore, Alberta, Colorado, Denver, Colorado, Edmonton, Alberta (Buildings), Edmonton, Alberta (Corporate), Edmonton, Alberta (Energy), Edmonton, Alberta (Ind Mgmt), Edmonton, Alberta (Industrial), Edmonton, Alberta (Resources), Glendale, Arizona, Hawaii, Honolulu, Hawaii, Irvine, California, Kingston, Ontario, Long Beach, California, Montr al, Quebec, Nevada, Oakville, Ontario, Ottawa, Ontario, Phoenix, Arizona, Portland, Oregon, Quebec, Regina, Saskatchewan, Salt Lake City, Utah, San Bernardino, California, San Diego, California, San Francisco, California, San Luis Obispo, California, Saskatchewan, Saskatoon, Saskatchewan, Scottsdale, Arizona, Seattle, Washington, Sudbury, Ontario, Toronto, Ontario, Vancouver, British Columbia, Vanscoy, Saskatchewan, Victoria, Victoria, British Columbia, Vulcan, Alberta, Washington, Winnipeg, Manitoba

Job: Senior Manager Finance & Commercial Risk

Requisition: 2554 Associated topics: broker dealer, brokerage, commodities, equity, fiduciary, ira, purchase, risk, securities broker, s p

Keywords: PCL Construction, Long Beach , Senior Manager Finance & Commercial Risk, Executive , Long Beach, California

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