Financial Reporting Expertise

Do you have experience managing financial reporting for government-funded projects or grants?

Yes. I have direct experience managing financial reporting processes for government-funded projects and grants, where accuracy, compliance, and timeliness were critical.

How I Managed Financial Reporting

1. Compliance with Regulations

   • Ensured adherence to OMB Uniform Guidance (2 CFR 200), grant agreements, and specific state/federal reporting requirements.

   • Implemented internal controls to safeguard against non-compliance, including periodic reviews and reconciliations.

2. Budget Monitoring & Cost Allocation

   • Tracked expenditures against approved budgets to confirm allowability, allocability, and reasonableness of costs.

   • Applied proper cost allocation methodologies across multiple projects while maintaining audit-ready documentation.

3. Reporting & Documentation

   • Prepared quarterly and annual financial reports for granting agencies, highlighting budget vs. actual variances.

   • Consolidated supporting schedules (payroll certifications, indirect cost rate justifications, procurement documentation) to accompany reports.

4. Audit Preparation & Liaison

   • Supported Single Audits (A-133/Uniform Guidance) by providing reconciliations, expenditure details, and grant compliance evidence.

   • Acted as the liaison between auditors, program managers, and granting agencies.

5. Systems & Tools

   • Used ERP/accounting systems (QuickBooks, NetSuite, and SAP modules) to automate restricted-fund tracking and generate reports by funding source.

   • Built dashboards in Excel/Power BI to provide real-time insights for grant managers and executives.

Outcome / Achievements

• Delivered error-free financial reports consistently within agency deadlines.

• Helped secure continued funding by demonstrating transparency and strong stewardship of public resources.

• Reduced reporting cycle time by 25% through process improvements and better integration of ERP systems.Write your text here...

what experince you have in the construction, energy, infrastructure, or real estate development industry?

Experience in Construction Industry

I have worked on construction finance and accounting functions, focusing on project-based cost accounting, job costing, and ERP system integration. My experience includes working with systems such as CMiC, Deltek, and NetSuite, ensuring accurate reporting of construction project costs, monitoring budgets vs. actuals, and supporting compliance with contractual and audit requirements.

Experience in Energy Sector

At Magna International, a global auto parts and manufacturing leader, I contributed to financial planning and analysis with a focus on energy efficiency and manufacturing operations. This included budget forecasting, variance analysis, and capital expenditure reviews related to energy-intensive production processes.

Experience in Infrastructure Projects

Through consulting and accounting roles, I supported government-funded and private infrastructure projects by providing budget management, grant compliance, and ERP implementation support. This exposure gave me experience in the financial reporting, cost allocation, and internal controls required for large-scale infrastructure initiatives.

Experience in Real Estate Development

I have managed financial operations for real estate entities, including property-level P&L management, rent roll reporting, accounts payable/receivable, and consolidation of multi-entity portfolios. My work also involved supporting investment analysis and cash flow forecasting for real estate development projects.

Summary: Altogether, I bring 5+ years of cross-industry financial management experience across construction, energy, infrastructure, and real estate development. My expertise spans financial reporting, compliance, cost accounting, and ERP-driven automation, enabling me to add value in industries where capital-intensive projects and accurate financial oversight are critical.

What are Capital or Infrastructure Projects?

• Capital Projects are large, long-term investments made by organizations or governments to acquire, build, improve, or maintain fixed assets. Examples include building factories, offices, highways, power plants, airports, or hospitals. These projects typically require substantial funding, multi-year planning, and compliance with financial and regulatory standards.

• Infrastructure Projects are a type of capital project that focus specifically on the systems and facilities that support economic activity and quality of life — such as roads, bridges, utilities, energy grids, pipelines, airports, ports, public transit, and water systems. They are often government-funded or public-private partnerships and demand strict accountability in terms of cost, schedule, and compliance.

Key Characteristics of Capital/Infrastructure Projects

1. High Value & Long Duration

   • Multi-million or billion-dollar budgets.

   • Extend over several years with phased development.

2. Funding Sources

   • May be financed by government grants, bonds, public-private partnerships, or corporate capital investment.

3. Complex Financial Reporting

   • Requires budgeting, cost tracking, forecasting, and audit-ready financial statements.

   • Use of specialized systems like ERP, CMiC, SAP, Oracle, or Deltek Ajera for compliance and control.

4. Regulatory & Compliance

   • Must comply with GAAP/IFRS, government regulations (e.g., OMB Uniform Guidance for grants), and contract requirements.

5. Risk Management

   • Involves managing risks such as cost overruns, delays, resource shortages, and changes in project scope.

What is Capital or Infrastructure Projects

Capital or infrastructure projects are large-scale, long-term investments aimed at creating, upgrading, or maintaining physical assets that support economic growth and community needs. These projects often include the construction of buildings, highways, bridges, airports, power plants, water supply systems, and real estate developments.

They are typically characterized by:

• High Cost & Long Duration – multi-million-dollar budgets and timelines spanning several years.

• Funding Sources – financed through corporate capital, government grants, public-private partnerships, or bonds.

• Complex Planning & Reporting – requiring detailed budgeting, cash flow forecasting, cost tracking, and audit-ready financial reporting.

• Compliance Requirements – must adhere to accounting standards (GAAP/IFRS), government regulations, and often grant-specific rules.

• Risk Management – addressing risks such as cost overruns, schedule delays, and scope changes.

From a financial management perspective, these projects demand robust internal controls, variance analysis, and transparent reporting to ensure accountability and efficient use of funds.

EPC (Engineering, Procurement, and Construction) Workflows

EPC projects are large-scale, contract-based initiatives (common in construction, energy, and infrastructure) delivered under a single contract where the EPC contractor is responsible for the design, material sourcing, construction, and delivery of the project.

Typical Workflow Steps:

1. Engineering (E):

   • Project planning, design, feasibility studies, and technical specifications.

   • Involves architects, engineers, and regulatory compliance.

2. Procurement (P):

   • Sourcing and purchasing of materials, machinery, and subcontracted services.

   • Requires purchase orders (POs), vendor management, and logistics tracking.

3. Construction (C):

   • Actual build phase — site preparation, assembly, installation, and testing.

   • Involves progress billing, milestone tracking, and project delivery.

EPC projects often follow lump-sum turnkey (LSTK) contracts where the contractor assumes cost, schedule, and performance risk.

Project-Based Accounting in EPC

Since EPC projects are contract-driven and milestone-based, the accounting process is structured to align revenues, costs, and cash flows with project progress.

Key Elements of EPC Project Accounting:

1. Job Costing / Work Breakdown Structure (WBS):

   • Costs are tracked by project, task, or work package.

   • Direct costs (labor, materials) and indirect costs (overheads, insurance, equipment use) are allocated precisely.

2. Revenue Recognition:

   • Typically follows ASC 606 (Revenue from Contracts with Customers) or IFRS 15.

   • Revenue is recognized over time using Percentage of Completion (POC) or milestone-based methods.

3. Progress Billing & Cash Flow:

   • Invoices tied to project milestones or percentage completion.

   • Cash flows are closely monitored to ensure funding matches project timelines.

4. Change Orders & Variance Tracking:

   • Accounting must capture approved scope changes and adjust budgets, forecasts, and revenue accordingly.

5. Compliance & Audit:

   • Projects funded by government or large corporations require detailed reporting, cost verification, and audit trails.

“I have experience managing EPC project-based accounting, including job costing, milestone billing, and percentage-of-completion revenue recognition under ASC 606. I collaborated with engineering and procurement teams to track project budgets, monitored work-in-progress schedules, managed change orders, and ensured audit-ready documentation for government-funded infrastructure projects.”

Epicor P21


Epicor P21 (short for Epicor Prophet 21) is an ERP (Enterprise Resource Planning) system designed specifically for wholesale distributors. It helps companies manage their supply chain, finances, sales, and operations in a single integrated platform.

Key Features of Epicor P21

1. Order Management & Sales

   • Streamlines order entry, pricing, and quoting.

   • Supports customer relationship management (CRM).

2. Inventory & Warehouse Management

   • Real-time visibility of stock across locations.

   • Automates replenishment, purchasing, and warehouse operations.

3. Procurement & Supply Chain

   • Vendor management, purchase order processing, and demand forecasting.

   • Improves supplier collaboration and cost control.

4. Financial Management

   • General ledger, accounts receivable/payable, and financial reporting.

   • Integrates with distribution workflows for accurate costing.

5. Analytics & Reporting

   • Built-in business intelligence dashboards for KPIs and performance tracking.

6. Modern Technology

   • Cloud-based or on-premise deployment.

   • API and integration capabilities with eCommerce, EDI, and other applications.

Industries Using Epicor P21

• Industrial supplies

• Electrical, plumbing, and HVAC distributors

• Consumer goods and medical supplies distributors

• Building materials and automotive parts

Accruals Experience with Example Journal Entries

I have extensive experience managing month-end and year-end accruals to ensure expenses and revenues are recorded in the correct accounting periods under GAAP/IFRS. My responsibilities include identifying unrecorded expenses and revenues, preparing accrual journal entries, reconciling accrued liabilities, and providing variance analysis between accrued estimates and actuals.

Example Journal Entries for Accruals

1. 1. Accrued Expense (Utilities not yet billed at month-end)

Scenario: $5,000 utility expense incurred in September, invoice not yet received.

Dr. Utilities Expense ............. $5,000

Cr. Accrued Liabilities ............. $5,000

Reversing entry in October when the actual bill is received:

Dr. Accrued Liabilities .......... $5,000

Cr. Utilities Expense .......... $5,000

2. 2. Accrued Revenue (Services performed but not yet billed)

Scenario: $12,000 consulting services completed in December, invoice will be sent in January.

Dr. Accounts Receivable .......... $12,000

Cr. Service Revenue .......... $12,000

3. 3. Payroll Accrual (Wages earned but unpaid)

Scenario: $20,000 wages earned in last week of June, to be paid in July.

Dr. Salaries & Wages Expense .......... $20,000

Cr. Salaries Payable .......... $20,000

4. 4. Interest Accrual (Loan interest not yet paid)

Scenario: $2,500 monthly interest due on September 30, payable in October.

Dr. Interest Expense .......... $2,500

Cr. Interest Payable .......... $2,500

Financial Reporting FAQs

What is financial reporting?

Financial reporting involves documenting and analyzing financial transactions and compliance for projects and grants.

How do you ensure compliance?

I implement internal controls and conduct periodic reviews to ensure adherence to regulations and grant agreements.

What is budget monitoring?

Budget monitoring tracks expenditures against approved budgets to confirm costs are allowable, allocable, and reasonable for projects.

How is cost allocation done?

Cost allocation applies methodologies to distribute costs accurately across multiple projects for financial reporting.

What are internal controls?

Internal controls are processes designed to safeguard compliance and accuracy in financial reporting for government-funded projects.