Construction Finance Coordinator
About the role
Position Overview
We are seeking a highly motivated and detail-oriented Construction Finance Coordinator with experience in the CIPP (Cured-In-Place Pipe) industry or related construction sectors. This role will work with project management and operations, ensuring accurate cost tracking, revenue recognition, WIP reporting, and providing financial insights that support operational decision-making. The ideal candidate will have a strong background in construction finance, job costing, and project-based accounting, with the ability to work closely with project managers, operations, and senior leadership.
Key Responsibilities
- Support all financial aspects of CIPP construction projects from bid stage through project close-out.
- Assist in developing, monitoring, and maintaining project budgets, forecasts, and cash flow models.
- Review and process project cost allocations, purchase orders, and subcontractor payments.
- Assist with preparation of Work-in-Progress (WIP) reports, percent-complete calculations, and revenue recognition in compliance with accounting standards.
- Partner with Project Managers to track job performance, identify variances, and support profitability targets.
- Source cost-effective vendors across all projects and create call lists for front office reference.
- Ensure all tracking systems and financial reporting tools are updated and maintained accurately.
- Coordinate timely payments to subcontractors, vendors, and landlords to maintain strong working relationships and avoid service disruptions.
- Assist in gathering financial and cost information to support the preparation of change orders.
- Ensure compliance with contractual terms, change orders, and billing requirements.
- Provide support for accurate and timely financial reporting for management and external stakeholders.
- Support financial audits and ensure adherence to company policies and internal controls.
- Identify opportunities for process improvements in financial reporting, project controls, and cost management.
Qualifications
-
Bachelor’s degree in Accounting, Finance, or related field (CPA or MBA preferred).
-
Minimum 3–5 years of finance/accounting experience in the construction industry (CIPP or water/wastewater infrastructure preferred).
-
Knowledge of construction job costing, project accounting, and revenue recognition methods (percentage-of-completion).
-
Experience working with ERP/project accounting systems
-
Strong analytical, problem-solving, and communication skills.
-
Strong attention to detail and ability to work under tight deadlines.
-
Proven ability to collaborate with cross-functional teams.
Skills & Competencies
- Understanding of construction financials, WIP reporting, and cost-to-complete forecasting.
- Ability to interpret contracts and financial documents.
- Proficiency in Microsoft Excel and financial modeling.
- Strong interpersonal skills, with the ability to communicate financial concepts to non-financial stakeholders.
- Familiarity with CIPP technology, construction processes, and municipal infrastructure projects is an asset.
About Fer-Pal Infrastructure
FER-PAL Construction Ltd. was established in 1986 in Toronto, ON to provide municipalities throughout Canada and the United States with watermain rehabilitation services using trenchless technology.
By utilizing a Cured-In-Place-Pipe (CIPP) which is inserted into existing watermains, FER-PAL fixes deteriorating pipes by essentially creating a new pipe within a pipe. Limited digging is involved in this trenchless process and the result is a watermain repair that is cost-effective, traffic conducive, environmentally sound, and has limited infrastructure impacts to surrounding communities and businesses.
FER-PAL began expansion into the US market in 2007, opening an office in Taylor, MI. In 2013 the trenchless technology firm opened a Head Quarters in Elgin, IL to support it's further growth in the trenchless market place. Officially opening on Oct. 15, 2013, the Elgin grand opening was celebrated by Illinois Gov. Pat Quinn, Mayor A. George Pradel of Naperville and Mayor Dave Kaptain of Elgin. With this expansion, FER-PAL can better service it's clients across the Midwest in states such as Illinois, Indiana, Michigan, Minnesota, Ohio and Wisconsin.
FER-PAL is a three time winner of the Ontario Regional Common Ground Alliance Excavator of the Year Award (Water/Sewer), most recently winning in 2011. FER-PAL has also won awards internationally as they recently won the 2010 and 2011 APWA Metro Detroit Branch's Project of the Year as well as the 2011 City Engineers of Minnesota's Project of the Year Award.
FER-PAL is NSF Internationally Certified as well as a member of the APWA (American Public Works Association), NASTT (North American Society for Trenchless Technology) and CATT (Centre for Advancement of Trenchless Technologies).
Construction Finance Coordinator
About the role
Position Overview
We are seeking a highly motivated and detail-oriented Construction Finance Coordinator with experience in the CIPP (Cured-In-Place Pipe) industry or related construction sectors. This role will work with project management and operations, ensuring accurate cost tracking, revenue recognition, WIP reporting, and providing financial insights that support operational decision-making. The ideal candidate will have a strong background in construction finance, job costing, and project-based accounting, with the ability to work closely with project managers, operations, and senior leadership.
Key Responsibilities
- Support all financial aspects of CIPP construction projects from bid stage through project close-out.
- Assist in developing, monitoring, and maintaining project budgets, forecasts, and cash flow models.
- Review and process project cost allocations, purchase orders, and subcontractor payments.
- Assist with preparation of Work-in-Progress (WIP) reports, percent-complete calculations, and revenue recognition in compliance with accounting standards.
- Partner with Project Managers to track job performance, identify variances, and support profitability targets.
- Source cost-effective vendors across all projects and create call lists for front office reference.
- Ensure all tracking systems and financial reporting tools are updated and maintained accurately.
- Coordinate timely payments to subcontractors, vendors, and landlords to maintain strong working relationships and avoid service disruptions.
- Assist in gathering financial and cost information to support the preparation of change orders.
- Ensure compliance with contractual terms, change orders, and billing requirements.
- Provide support for accurate and timely financial reporting for management and external stakeholders.
- Support financial audits and ensure adherence to company policies and internal controls.
- Identify opportunities for process improvements in financial reporting, project controls, and cost management.
Qualifications
-
Bachelor’s degree in Accounting, Finance, or related field (CPA or MBA preferred).
-
Minimum 3–5 years of finance/accounting experience in the construction industry (CIPP or water/wastewater infrastructure preferred).
-
Knowledge of construction job costing, project accounting, and revenue recognition methods (percentage-of-completion).
-
Experience working with ERP/project accounting systems
-
Strong analytical, problem-solving, and communication skills.
-
Strong attention to detail and ability to work under tight deadlines.
-
Proven ability to collaborate with cross-functional teams.
Skills & Competencies
- Understanding of construction financials, WIP reporting, and cost-to-complete forecasting.
- Ability to interpret contracts and financial documents.
- Proficiency in Microsoft Excel and financial modeling.
- Strong interpersonal skills, with the ability to communicate financial concepts to non-financial stakeholders.
- Familiarity with CIPP technology, construction processes, and municipal infrastructure projects is an asset.
About Fer-Pal Infrastructure
FER-PAL Construction Ltd. was established in 1986 in Toronto, ON to provide municipalities throughout Canada and the United States with watermain rehabilitation services using trenchless technology.
By utilizing a Cured-In-Place-Pipe (CIPP) which is inserted into existing watermains, FER-PAL fixes deteriorating pipes by essentially creating a new pipe within a pipe. Limited digging is involved in this trenchless process and the result is a watermain repair that is cost-effective, traffic conducive, environmentally sound, and has limited infrastructure impacts to surrounding communities and businesses.
FER-PAL began expansion into the US market in 2007, opening an office in Taylor, MI. In 2013 the trenchless technology firm opened a Head Quarters in Elgin, IL to support it's further growth in the trenchless market place. Officially opening on Oct. 15, 2013, the Elgin grand opening was celebrated by Illinois Gov. Pat Quinn, Mayor A. George Pradel of Naperville and Mayor Dave Kaptain of Elgin. With this expansion, FER-PAL can better service it's clients across the Midwest in states such as Illinois, Indiana, Michigan, Minnesota, Ohio and Wisconsin.
FER-PAL is a three time winner of the Ontario Regional Common Ground Alliance Excavator of the Year Award (Water/Sewer), most recently winning in 2011. FER-PAL has also won awards internationally as they recently won the 2010 and 2011 APWA Metro Detroit Branch's Project of the Year as well as the 2011 City Engineers of Minnesota's Project of the Year Award.
FER-PAL is NSF Internationally Certified as well as a member of the APWA (American Public Works Association), NASTT (North American Society for Trenchless Technology) and CATT (Centre for Advancement of Trenchless Technologies).