Position Overview
Our client, a leading construction utility contractor is looking to add varying levels of Project Accountants to their team based in Toronto, Canada.
Reporting to the Supervisor, Project Accounting, the Project Accountant is responsible for carrying out administrative-accounting activities related to day-to-day project or operational finance and they have a key role to play in the project outcomes and their success.
Daily operations
- Working alongside the Project Management team to identify and forecast financial exposures for civil projects.
- Works with project staff along with AR/AP, purchasing, estimating, and finance department to prepare financial reports.
- Reviews cost reports to verify that budgets, planned and actual costs, contracts and subcontracts have all been properly tracked.
- Reviews all standard costs and reconciles/analyze monthly variances.
- Participates in the preparation of quarterly forecasts/ annual Business Plans/ Budgets for the project.
- Prepares and enters month-end entries such as subcontract accruals and cost transfers.
- Reviews and issues monthly project cost reports that include forecasted costs and total monthly variance to plan.
- Works closely with the Project Manager in preparing monthly progress invoices to Owner/Consultant for work performed during the month.
- Performs activities to support ensuring the contract is fully invoiced, complete with associated contract documentation.
- Acts as the main point of contact for client audits.
- Monitors and analyzes subcontract costs.
- Enters client billings into the applicable system.
What you will bring to the team:
- Bachelor’s degree in Finance, Economics, or Accounting.
- 1-3 years of experience, maybe pursuing CPA designation or equivalent.
- Experience in civil/utility construction or related industry is preferred.
- Experience with different software.
- Progressive experience that indicates strong analytical and problem-solving skills.
- Excellent verbal and written communication skills.
- Ability to balance and prioritize multiple priorities in a dynamic environment due to multi-divisonal company.
- Demonstrated success working with internal/ external stakeholders.
- Strong financial acumen and relevant financial skills, including quantitative problem-solving.
For candidates to be eligible, you must hold a valid Canadian work permit.
