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Details of Claire Andrew

Claire Andrew

Project Controller

Allston, Massachusetts, United States
Industry Category: General Contractors - Managers

Claire Andrew'S Overview

Claire Andrew
Summary of Qualifications:
Cross-functional, multi-talented professional with 15 years progressive experience in: finance, operational accounting, cost analysis, financial modeling/reconciliations with systems implementations in a variety of industries. Exceptional ability to comprehend complex problems and frame effective solutions. Outstanding communication skills, with expertise in developing and maintaining strong productive working relationships with clients’ upper management and staff at all levels.
Areas of Expertise Include:
  • Complex Financial Analysis
  • Cost Reduction Analysis
  • Construction Contract Negotiations
  • Financial Reconciliation
  • Conflict Resolution
  • Report Preparation and Presentation
  • Budget Preparation/Management
  • Problem Solving
  • Strong Customer/Client Relations
  • Financial Modeling
  • Forecasting
  • Staff supervision/Development
Professional Experience:
SUFFOLK CONSTRUCTION, BOSTON, MA                                                                                            2013
Project Controller
  • Hired to run the accounting/finance of a $325M dollar construction project at B&W’s Hospital
  • Prepared monthly cash analysis for upper management
  • Assisted Project Managers with the monthly project forecast including validation of projected fee and percent complete and monitored the overall cash position of the project.
  • Kept upper management apprised of the project’s performance and related risks and opportunities
  • Supervised a staff of one, including AR and AP activity, AIA invoicing, payments, journal entries, etc. in order to maintain proper internal controls and manage risk
  • Prepared and reconciled the monthly owner requisition and then met and discussed the invoice with the project team and the client.
  • Assisted with the review and approval of all subcontractor requisitions and vendor invoices
  • Managed subcontractor compliance with terms and conditions of the contract (i.e. insurance, bonds, waivers, OCIP enrollment, billing procedures)
HARVARD LAW SCHOOL, CAMBRIDGE, MA                                                                                      2010 – 2012
Controller/Assistant Project Manager (Term)
  • Managed the accounting/finance of a $250M dollar construction project at Harvard Law School
  • Developed, analyzed, monitored and reported on highly complex capital and operational budgets worth over $250 million and integrated information from Harvard policies and accounting procedures
  • Performed project financials and accounting, including daily project reporting, review and payment of invoices, expense analysis, forecasting, attended project budget meetings, and reconciled budget to ledger
  • Conducted audits for smaller construction contracts related to Northwest Corner Projects costs $500K-$5M
  • Reviewed complex General Contractor, Vendor, Subcontractor and Architectural contracts/amendments; and reconciled contracts from the previous 5-7 years, investigating budget overages and writing additional amendments as needed to overage amounts and recovered reimbursement when necessary.
  • Monitored two capital budgets ($90M garage/$170M building) and 2 operational budgets ($3M), adjusted annually, preparing trending analysis, and graphs and charts for end users
  • Proposed 50% decrease of the overall operating budgets, reduced 1 of the budgets by 41% and the other by 55%, due to elimination of OH and administrative costs ($500K reduction)
  • Reviewed Traffic Signalization Project, re-reviewed changes and prepared analysis/report reflecting changes due to city recouping 20% of costs
  • Reviewed requisitions and calculated hourly rates, incentives and managed project closeout including: financial close, As-Built, submittals, attic stock, warranties, O&M’s Keys, etc.
GILBANE BUILDING CO, BOSTON, MA                                                                                                   2005-2009                                                                               
Project Accountant
  • Ran the field office for the accounting/finance of a $200M dollar construction project at Fidelity in Boston and a $52M dollar construction project at Malden High School and $5M project at UMASS, Amherst
  • Established funding for subcontractor payments and implemented policy and procedures on job sites, streamlining financial approval processes
  • Wrote operational and capital budgets and collaborated with Project Managers to revise accordingly
  • Reconciled JCR monthly for up to 57 separate projects at one time and ensured timely project close out with appropriate backup (waivers, general guarantees, MBE, general release, out of state tax compliance, etc.)
  • Performed tax analysis on capital items, created WIP reports representing cash flow
  • Compared budget to actual costs, identifying cost over/under runs, and made appropriate recommendations
  • Audited and processed contractor/subcontractor invoicing in accordance with contract terms (AIA Billings, Accounts Payable, Change Orders), reporting construction related costs to senior management
Rubino & McGeehin, Inc, BOSTON MA                                                                                      2003 – 2005 
Account Supervisor/Consultant
  • Performed multi-million dollar construction cost audits leading to 40% reduction in claim amounts for $14.6B Big Dig state government project and other construction projects with costs $250K to $500M
  • Analyzed complex financial data to present during negotiations and contractor’s claims for delay, acceleration, scope of work changes, escalation, extended overhead and loss of productivity
  • Provided accounting/finance support, litigation support, contract cost and closeout reviews, and consulting/advisory services to clients primarily in construction and government contracts industries
  • Supervised all aspects of engagements and consulted with clients to determine requirements and priorities
  • Prepared and presented reports on findings and conclusions to managing partners, clients, mediators, arbitrators and Dispute Resolution Boards and participated in mediation sessions
Tofias PC, CAMBRIDGE, MA                                                                                                         2000 – 2002 

Consultant – Valuation/Litigation

  • Performed analysis of performance on individual companies to determine fair market value and cost conducting lost profits, divorce analysis, surety work and construction
  • Investigated background and substantiated claims for lost earnings, obtained net sales, operating costs and net income and examined financials
  • Reviewed business operations for 3 year period before accident measuring growth in terms of revenue and during and after to see if sales/growth affected
  • Performed construction cost reviews and related consulting services on major construction projects for colleges and universities ranging from $100K to $150M
  • Analyzed contract agreements and financial statements, tax returns and economic data to develop appropriate models
Spector Abbott & Company, Inc., WELLESLEY, MA                                                                1999 – 2000 

Staff Accountant

  • Performed compilations and reviews for a variety of businesses with sales ranging from $100K to 40M
  • Prepared 5 year projections and budgets for analysis and presented results to senior management
  • Compiled and reviewed budgets using actual performance, previous budget figures and estimated spending
  • Helped companies understand where they were losing market shares and provided them with a detailed plan on how to go about recapturing their lost profits. Analyses typically lead to recaptured or new sales of around 10-15% annually
Technical Skills: Microsoft Excel, Word, Power Point, JD Edwards, Oracle, Textura, PeopleSoft, Spectrum, Contract Manager and Hyperion
      1997 Simmons College Graduate School of Management, Boston, MA; Masters of Business Administration
  1. Roger Williams University, Bristol, RI; Bachelor of Science degree in Accounting and Business
          Administrations; and minor in Economics and Marketing
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