---
title: 'Project Financial Controls Specialist at Milhouse Engineering and Construction, Inc.'
canonical: 'https://feeny.ai/job/project-financial-controls-specialist-milhouse-engineering-and-construction-inc-ctpwhv9wzkrz'
type: 'job'
last_seen: '2026-10-16'
---

# Project Financial Controls Specialist at Milhouse Engineering and Construction, Inc.

- **Company:** Milhouse Engineering and Construction, Inc.
- **Location:** Chicago, IL
- **Compensation:** $68k–$81k
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-09-11
- **Last confirmed live:** 2026-10-16
- **Apply:** https://jobs.lever.co/milhouseinc/372e153d-0222-49eb-b549-588af404882b

## Job description

The Project Financial Controls Specialist provides independent financial validation and analysis across assigned projects to support accurate billing, sound forecasting, and profitable delivery. Operating within the Milhouse Project Management Methodology (PMM), this role reviews project financial structure and performance before invoices advance for Project Manager approval and works with Project Finance and project teams to identify exceptions, financial risk, and corrective actions.

What you will do:

- Validate new and existing project setups in Deltek before billing, including contract type, billing structure, rate tables, fees, revenue method, budgets, phases/tasks, and other key financial fields; confirm Deltek aligns with the contract and approved project assumptions before invoices advance for Project Manager review.
- Review project P&Ls and financial performance, including revenue, direct labor, subconsultants/ODCs, overhead, multipliers, margin, burn, backlog, EAC, ETC, and remaining fee.
- Maintain and update project forecasts using current project inputs and identify risks to budget, fee, revenue, margin, or cash flow.
- Evaluate T&M/cost-plus and lump-sum/fixed-fee project structures and understand how contract terms, rate tables, staffing, and scope affect project profitability.
- Analyze resource and staffing plans based on billing rates, cost rates, overhead burden, remaining budget, and expected margin; recommend changes when the planned labor mix creates financial risk.
- Identify revenue leakage, unbilled exposure, recurring invoice issues, margin deterioration, and other control exceptions and document findings.
- Recommend staffing, scope, rate, change-order, billing, or delivery actions that improve project profitability and financial performance.
- Work with Project Finance to resolve financial-control exceptions and verify corrections before an invoice is released to the Project Manager for approval.
- Support Project Managers and Group Leaders with project financial analysis, forecasting, and interpretation of project performance.
- Maintain clear validation records, financial-review documentation, and supporting evidence in accordance with PF&G and PMM requirements.
- Participate in recurring percent-complete (% complete) and project financial reviews; evaluate PM inputs for percent complete, ETC/EAC, staffing, backlog, remaining fee, billing direction, and forecast changes; document required actions and confirm approved updates are reflected in Deltek.

Who you are:

- Four-year bachelor's degree in Finance, Accounting, Business, Construction Management, Engineering Management, or a related field from an accredited College or University. Equivalent relevant experience may be considered.
- 3–5 years of relevant experience in project controls, project finance, project financial analysis, FP&A for a project-based business, or related financial operations.
- Experience in engineering, construction, consulting, or another project-based professional services environment strongly preferred.
- Strong understanding of project financial management, project P&Ls, profitability, multipliers, labor and billing rates, overhead/burden rates, and margin analysis.
- Working knowledge of T&M/cost-plus and lump-sum/fixed-fee contract structures and their impact on project financial performance.
- Experience with project forecasting and controls, including EAC, ETC, backlog, burn rate, remaining fee, percent complete, and revenue leakage.
- Ability to evaluate staffing/resource plans and understand how labor mix, rates, cost, and overhead affect project profitability.
- Strong quantitative analysis, forecasting, attention to detail, and ability to identify and explain financial variances and risks.
- Ability to independently challenge financial assumptions while working collaboratively with Project Finance, Project Managers, and Group Leaders.
- Experience with Deltek Vantagepoint/Vision or a comparable project-based ERP preferred; strong Microsoft Excel skills.
- Knowledge of project management principles and professional-services or engineering/construction project delivery preferred.

At Milhouse, we’re more than just a place to work — we’re a place to grow, thrive, and be celebrated. Here’s how we invest in you:

- Medical, Dental & Vision Coverage – Reach out to learn how your deductible could be covered 100% through Garner Health!
- Company Sponsored Life Insurance and Short-Term Disability – We’ve got your back when life takes unexpected turns.
- Voluntary Coverages – Take control of your well-being with added coverage options.
- Discounted Gym Membership – Stay active with wellness options that support your fitness goals.
- Competitive Base Salary – Earn what you're worth in a performance-driven culture.
- 401(k) Retirement Plan – Build your future with confidence.
- Professional Development Incentives – Get rewarded for growing your skills — including bonuses for earning your P.E. License.
- Milhouse University (Cross-Functional Training) – Expand your expertise with internal training built to elevate your career and receive PDH credits for applicable training towards professional engineering licenses, etc..
- Employee Education & Development Program – Tuition assistance and learning opportunities to keep you moving forward.
- Generous PTO + Paid Holidays – Rest, recharge, and enjoy the moments that matter most.
- Paid Parental Leave – Bond with your new arrival — and yes, we’ll even cover a year of diapers!
- Extracurricular Sports Teams – Join our summer Volleyball and Softball squads for fun off the clock.
- Employee Recognition Program – Be celebrated for the impact you make.
- Employee Referral Bonus – Bring great people on board and get paid for it.
- Transit Benefits Program – Save on your daily commute.
- Charitable Events and Activities offered through non-profit affiliate – Milhouse Charities.

Here's a little information on Milhouse Engineering and Construction, Inc.:

Milhouse Engineering and Construction, Inc. was founded in 2001 with the goal of building the best engineering company in the country. It was based on the belief that if we hired great people, fueled their passion while challenging them to excel, and maintained a laser focus on the needs of your clients, success would come- and so it has. Our portfolio of successful projects continues to grow, our family of highly satisfied clients continues to expand, and our staff just gets better and better.

We are a unique, Chicago-based firm whose collective passion, vision and expertise has led to phenomenal growth! With more than 500+ talented professionals and offices across the globe, Milhouse offers a dynamic work environment where there is no limit to what you can achieve if you are willing to go after it.

Our people are the cornerstone of our organization, and key to our success. Join a remarkably talented team that shares a passion for what they do and a vision for improving communities around the world through innovative engineering and construction. Click here to see who we are, and how our people drive our culture each & every day.

Click here to see all of our awards and how many times we've won Chicago’s 101 Best & Brightest Companies to Work For!

Important Notice to US Applicants Milhouse Engineering and Construction, Inc. is an at-will employer. We are an Equal Opportunity Employer.

## About Milhouse Engineering and Construction, Inc.

## Company Overview
- **One-liner**: Milhouse Engineering and Construction provides full-service engineering design, construction, vegetation management, and real estate development solutions across utilities, facilities, and transportation sectors.
- **Entity Type**: Private (no external funding rounds disclosed; appears bootstrapped/organically grown | **LinkedIn** reports 180 employees, while company about page claims 500+ across family of companies)
- **Headquarters**: Chicago, Illinois, United States (Headquarters: 333 South Wabash Avenue, Suite 2901, Chicago, IL 60604)
- **Founded**: 2001 (LinkedIn)
- **Founders**: Not publicly disclosed (company name suggests possible founder surname Milhouse, but no verifiable names in search results)

## Core Business
- **Primary Industries**: Engineering Services, Construction (civil, electrical, mechanical, structural), Vegetation Management, Real Estate Development
- **Target Customers**: **B2B** – utities (electric, gas), transporation agencies, government entities, facility owners/managers
- **Mission / Purpose**: “We are advocates for improving the world around us.” (from about page) and “to improve communites through engineering, contruction, and development.”

## Products & Services
Milhouse offers integrated services across its “family of companies”:

- **[Engineering Design]** : Civil, electrical, mechanical, and structural engineering for utilities, facilities, and transportation projects. (Service)
- **[General Contruction]** : Full-service construction management and self-perform work (e.g., carpentry, electrical, underground). (Service)
- **[Vegetation Management]** : Line clearance, vegetation control for utility rights-of-way. (Service)
- **[Program Management]** : End-to-end project oversight for large-scale programs. (Service)
- **[Real Estate Development]** : Development and redevelopment of communty assets. (Service)
- **[Construction Manangement / Project Management]** : Direct oversight of construction projects. (Service)

All offerings are delivered as **services** (not SaaS or product-based).

## Market Standing
- **Valuation / Market Cap**: Not disclosed (privately held)
- **Key Metric**: **Annual Revenue** ~$30M (LinkedIn 2026 data) – appears to be for the core engineering entity; the broader family of companies may have higher combined revenue.
- **Notable Investors / Partners**: No public investors; strong client base includes utilities and government agencies (names not specified in search results).
- **Growth Signals**: Company claims “rapidily growing” and is actively hiring across multiple roles (civil engineer, substation engineer, electrical engineer, vegetation manager, etc.)); offices in Chicago, Atlanta, St. Louis, Ann Arbor, New York, Washington, and other locations. **Note**: LinkedIn data shows slight headcount decline (-0.7% YoY, 180 employees), while the company’s own site claims “500+ team members” – this discrepancy sugests the LinkedIn number may only refer to one legal entity, not the entire family.

## Competitive Advantages
- **Full-Service Capability**: One-stop partner for engineering, contruction, vegetation management, and real estate development – reduces client fragmentation.
- **Diversity & Community Focus**: Explicit commitment to **diversity**, **equity**, and **inclusion** as a core value (“diversity is our strongest asset”) – aligns with public-sector client requirements.
- **Safety Culture**: “Itentional Safety” embedded in company values, with a “nonnegotiable expectation” of returning home safely – critical for contruction/utility work.
- **23 Years in Business**: Established track record with 3000+ projects and 450+ clients.
- **Milhouse University**: In-house training program for career development and compliance.

## Strategic Focus
- **Growth & Geographic Expansion**: Currently has 14 offices across the US, with a headquarters in Chicago and active hiring in multiple states; looking to expand talent in engineering, contruction management, and vegetation management.
- **Community Impact**: Prioritizing projects that “strengthen communties” – likely to pursue public infrastructure contracts.
- **Talent Retention & Culture**: Investing in culture programs (team outings, wellness, volunteerism) to attract and retain “the best talent in the industry”.
- **Digital & Learning Initiatives**: Continued development of Milhouse University for technical and leadership training.

## Why Work Here
- **Award-Winning Culture**: The company touts its culture as “award-winning”, with recognitions for diversity, work-life balance, and collaboration.
- **Hybrid & Remote Options**: Job postings list both **hybrid** (Chicago, Atlanta, New York, Lombard, etc.) and **fully remote** positions, as well as on-site roles.
- **Benefits**: Medical, dental, vision, life insurance, short-term disability, 401(k), transit benefits, paid time off.
- **Learning & Development**: Milhouse University offers in-person and online training for career advancement, compliance, and growth.
- **Diversity & Inclusion**: Strong DEI focus; “the diversity of our team is our greatest asset.”
- **Buddy Program & Social Outings**: “Buddy Program” for new hires, holiday celebrations, sports programs, lunch-and-learns, community volunteerism – designed to foster connections.
- **Career Pathing**: Openings range from entry-level (bucket operator) to senior management (Director of Contruction, Engineering Managers) – potential for upward mobility.

## Sources
1. [Milhouse Careers Page](https://milhouseinc.com/careers/)
2. [Milhouse About Page](https://milhouseinc.com/about/)
3. [Milhouse LinkedIn](https://linkedin.com/company/milhouse-engineering-and-construction-inc)
4. [Milhouse Jobs (Lever)](https://jobs.lever.co/milhouseinc)
5. [Milhouse Culture Page](https://milhouseinc.com/careers/our-culture/)

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