Magnolia River is an industry leader in engineering, inspection, GIS, software, and consulting solutions. With the backing of Warren Equity Partners, our reach extends across 40 states, powered by a dynamic team of just under 1,000 professionals. We specialize in transforming the utilities, oil and gas, water, and pipeline sectors by delivering innovative solutions that boost efficiency, enhance safety, and ensure regulatory compliance.
Magnolia River is currently seeking a Sr. Financial Analyst! The Sr. Financial Analyst plays a critical role in ensuring compliance with U.S. GAAP and internal accounting standards, while supporting key financial planning functions including budgeting, forecasting, and variance analysis. This position requires strong collaboration with project managers, business leaders, and cross-functional teams to ensure accurate revenue recognition and timely financial reporting.
This role has the ability to work a hybrid schedule. Compensation is based on experience!
Key Responsibilities of the Sr. Financial Analyst:
•Conduct in-depth analysis of projects to validate revenue recognition in accordance with accounting standards.
•Manage the Fixed Price (FP) Percentage-of-Completion (POC) revenue process across 400+ jobs, coordinating with project managers to ensure accurate monthly recognition.
•Oversee accounting for intercompany projects, ensuring proper revenue recognition and execution of intercompany eliminations.
•Support monthly close activities by analyzing financial data, identifying discrepancies, and booking necessary adjustments before closing.
•Prepare and distribute monthly financial reporting packages for business unit leaders, including detailed variance analysis.
•Respond to regular ad hoc financial inquiries and analysis requests from business units.
•Assist the Director of FP&A with monthly reporting requirements for private equity and banking partners.
•Actively contribute to the annual budgeting process, working closely with business stakeholders.
•Build and maintain robust financial models to forecast revenue and evaluate new business initiatives.
•Identify opportunities to streamline revenue accounting processes and implement automation improvements.
•Provide strategic insights and recommendations to senior leadership based on revenue trends and performance metrics.
Qualifications of the Sr. Financial Analyst:
•Strong understanding of U.S. GAAP, revenue recognition principles, and general accounting practices.
•Ability to interpret contract terms and ensure accurate project setup aligned with revenue standards.
•Advanced proficiency in Microsoft Excel; familiarity with BI tools (e.g., Power BI, Tableau) is preferred.
•Excellent analytical, communication, and interpersonal skills.
•Detail-oriented with strong problem-solving abilities.
•Comfortable working independently in a remote environment during standard business hours.
Education and Experience:
•Bachelor’s degree in Accounting or Finance required; a minimum of five (5) years of progressive experience in financial analysis or revenue accounting is preferred.
•Direct experience with Fixed Price Percentage-of-Completion (POC) revenue recognition.
•Proficiency in ERP systems such as Oracle, SAP, or NetSuite, particularly within revenue modules.
We are pleased to offer a comprehensive benefits package, including medical, dental, vision, 401(k) with company match, paid time off, and other valuable benefits to support your well-being and future.
Equal Opportunity Employer
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