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The Company:
Shikun & Binui Ltd. is a more than 90 years old publicly traded company (TLV: SKBN) specialized in the development, financing, design, construction and operation of sustainable infrastructure projects and assets in the mobility, energy, real estate and social infrastructure sectors. Headquartered in Israel, it operates in 20 countries and four continents, with significant presence in the US market, where it started operations in 2016 with the SH288 concession project in Houston Tx.
S&B USA Construction (SBC) is a subsidiary of Shikun and Binui Ltd., headquartered in Pittsburg Pennsylvania that operates in multiple states in the US and provides Design and Construction of small and large scale projects in any of the traditional or alternative delivery methodologies currently being utilized in the industry. Fay Construction is a 100% owned SBC subsidiary that is a construction industry leader in the Mid-Atlantic region.
Shikun & Binui Ltd. is a more than 90 years old publicly traded company (TLV: SKBN) specialized in the development, financing, design, construction and operation of sustainable infrastructure projects and assets in the mobility, energy, real estate and social infrastructure sectors. Headquartered in Israel, it operates in 20 countries and four continents, with significant presence in the US market, where it started operations in 2016 with the SH288 concession project in Houston Tx.
S&B USA Construction (SBC) is a subsidiary of Shikun and Binui Ltd., headquartered in Pittsburg Pennsylvania that operates in multiple states in the US and provides Design and Construction of small and large scale projects in any of the traditional or alternative delivery methodologies currently being utilized in the industry. Fay Construction is a 100% owned SBC subsidiary that is a construction industry leader in the Mid-Atlantic region.
The Project:
The purpose of the Pennsylvania Major Bridges Project is to deliver infrastructure improvements focusing on the rehabilitation and replacement of nine major bridges (and associated roadways) across the Commonwealth. It was awarded to a consortium led by SBC in April 2022 and, upon completion, it is estimated to be over $2B.
The project is being delivered under a Pre-Development Agreement (PDA) that guarantees early involvement and increased collaboration between the Owner (PennDOT), the Developer (a JV MacQuarie Capital and S&B Concessions) and the Design Builder (a JV S&B Construction and FCC). The PDA phase will be delivered starting in April 2022 and will last until December 2026.
The first package of 6 bridges will be ready for Financial Close in December 2022 and it is anticipated that detailed design will immediately follow, with an expected construction start in December 2023.
Job Summary:The P3FM:
Oversee the preparation of monthly and other periodic financial reports, in accordance with Generally Accepted Accounting Principles (US).
Engage with appropriate Construction Team members to ensure accurate and thorough work-in-progress calculations within financial reporting.
Monitor risk matrix with Commercial Manager and others, to ensure that financial reporting accurately reflects identified opportunities and risks.
Oversee processes related to accounts payable and receivable, including billing; recording of fixed asset purchases and other significant financial transactions within the general ledger.
Oversee integration of project costs from the subsidiary cost records to the general ledger.
Monitor, control and safeguard surplus funds, minimizing risk profile & maximizing yields as possible.
Monitor cash flow to ensure availability of funds as needed throughout the project.
Liaise with vendors, in support of the Commercial Manager and Procurement Manager, and to ensure timely and accurate payment of vendor invoices.
Oversee Information Technology; ensure integrity of all financial, cost tracking & reporting systems.
Collaborate with Human Resources, Procurement, and Construction & Design Teams to ensure accurate and thorough budget development and periodic forecast updates.
Review and approve expense reports, timesheets and other personnel documents in compliance with procedures. Update procedures as required to maintain strong internal controls.
Ensure timely and thorough completion of annual reporting by independent auditors.
Maintain compliance with local, state and federal tax requirements.
Support relationships with banks, insurance companies and other outside support professionals.
Monitor processes followed by procurement, cost management and other departments, to ensure compliance with company procedures. Establish, monitor and modify internal controls as needed to strengthen compliance and more easily identify noncompliance.
Review Joint Venture Agreement, D&C Contract and other significant documents to ensure timely compliance, in both the letter and the spirit of the documents.
Be a resource for the project management team, the Developer and any other stakeholder, as needed
Requirements:
Minimum of 10 years experience in a Senior Accounting Role leading a Project Accounting Team in a Heavy Civil General Contractor contracting company
B. S. in Accounting
This position requires an individual who is highly organized with proven leadership skills
Ability to lead implementation of processes and/or change while minimizing tension and resistance
Thorough knowledge of project management processes and procedures
Ability to build a cohesive and motivated team that is aligned with project objectives
Experience and good relationship working with PennDOT is highly valuable.
Demonstrated integrity and ethical leadership.
Proven ability to perform in a management capacity, excellent written and oral communications skills, and a thorough knowledge of construction industry best practices required.
Must be able to multitask in a fast-paced environment.
Proven experience in directing and managing pre-award and post-award services for design-build projects.
Strong knowledge of design/build and alternative delivery and proven ability to lead project teams.
Demonstrated record of developing outstanding people and generating results through the efforts of others.
Experience working with major designers, contractors, public agencies, and municipalities.
Willingness to travel regionally as needed.
Ability to confront conflict between the team and effectively influence resolution
Strong communication skills (verbal/written)
Able to present financial results to members of the board to include opportunities, issues and potential investment strategies.
Willingness to travel regionally as needed.
Other Conditions:
This permanent staff role is based in Harrisburg, Pennsylvania, in the Project Office to be established.
The remuneration package will be attractive and commensurate with the candidate’s experience and skills.
Core Values:
Work Safely: Safety is our Culture
Value People: Take Care of Employees and They Will Take Care of Clients
Act with Integrity: Honesty Builds Trust
Provide Solutions: Better Solutions Yield Greater Satisfaction
S&B and all its affiliates are Affirmative Action/Equal Opportunity Employer and does not discriminate against any applicant for employment or employee because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, genetics, creed, veterans status, military status or any other characteristic prohibited under Federal, State, or local laws.
If a reasonable accommodation is needed for the interview process, please contact Latasha Bailey at Email: [email protected] or Phone: 412-471-4200 ext. 2115
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