Accounting Analyst

Socket.dev; Toronto; On-site; CAD 75,000 - 90,000; Full time

Benefits offered by this job

Health and dental benefits

RRSP matching

Learning and development opportunities

Job summary

Scarborough Transit Connect (STC) is seeking an Accounting Analyst to support cost reporting, reconciliations, and project finance for the SSE-SRS package in Toronto. You will help with invoicing, asset tracking, and financial data validation to ensure accurate reporting for the client and management.

Your work will involve close collaboration with the Finance Manager and project teams, and you will contribute to process improvements while adhering to AODA and privacy standards.

Qualifications

• Degree in Business Administration, Accounting, Finance or equivalent.
• 2+ years in financial accounting, cost management, or project finance in construction.
• Strong foundation in cost management, reconciliations, and financial reporting.
• CPA or CFA designation (or in progress) is a plus.
• Strong analytical and problem-solving skills with high attention to detail.
• Excellent written and verbal communication.
• Ability to manage multiple priorities and meet deadlines.
• Proficiency in MS Excel; SAP experience is a plus.

Responsibilities

• Prepare and maintain cost and financial reports for project reporting.
• Perform cost reconciliations between control systems, SAP GL, budgets and forecasts.
• Prepare and maintain unreconciled cost and billing status schedules.
• Support cash flow reporting and forecasting with analysis.
• Assist with monthly project invoicing and reconciliation of costs.
• Maintain asset registry and fleet reporting.
• Validate financial data for correct period recognition and GL coding.
• Support month-end close activities for project reporting.
• Assist audits by compiling reconciliation files and schedules.
• Identify recurring issues and support process improvement.
• Prepare periodic/ad-hoc financial reports for management.
• Drive an inclusive culture and promote equity.

Skills

Financial analysis

Attention to detail

Communication

Time management

Education

Bachelor’s degree in Business Administration, Accounting, Finance

Tools

MS Excel

SAP

Job description

Who We Are:

Scarborough Transit Connect (STC) is a joint venture between Aecon and FCC Canada Ltd. that was selected by Metrolinx to deliver the Scarborough Subway Extension – Stations, Rail and Systems (SSE-SRS) package. The Scarborough Subway Extension will bring the TTC’s Line 2 subway service nearly eight kilometers farther into Scarborough. It will extend from Kennedy Station to Sheppard Avenue and McCowan Road, providing quick and seamless transit for those heading into and out of the downtown core and those travelling within Scarborough. The extension will replace Line 3 (the Scarborough RT), helping to reduce travel times and improve access to jobs, schools, and other key destinations throughout the city.

As part of this project, we are currently looking for an Accounting Analystto join our team.

What You Will Do:

• Support the preparation and maintenance of cost and financial reports, reconciliations, and supporting schedules required for project reporting and Client submissions.
• Perform cost reconciliations between cost control systems, SAP general ledger, budgets, forecasts, and prior-period reports to support Finance Manager review and ensure accurate and consistent financial reporting.
• Prepare and maintain unreconciled cost and billing status schedules, identifying variances, timing differences, and outstanding items for Finance Manager review and follow-up.
• Support cash flow reporting and forecasting by providing analysis of actual versus forecast, billing status, and payment timing.
• Assist with monthly project invoicing, including preparation of billing support schedules, and reconciliation of billed versus unbilled costs.
• Support maintenance of the asset registry and fleet reporting, ensuring accurate tracking, classification, and reconciliation of asset-related costs.
• Validate financial data for correct period recognition, general ledger coding, and activity or network allocation in accordance with project and corporate requirements.
• Assist with month-end close activities related to project financial reporting, including preparation of reconciliations and supporting documentation.
• Support client, internal, and external audits by compiling reconciliation files, schedules, and audit-ready documentation under the direction of the Finance Manager.
• Identify recurring issues and support process improvement initiatives to enhance the accuracy, efficiency, and consistency of project financial reporting.
• Assist with preparation of periodic and ad-hoc financial reports as required to support project and management reporting needs.
• Drive an inclusive culture to promote equity, welcome different perspectives, and enable career progression by fostering a sense of belonging.

Experience You Will Bring:

• Degree in Business Administration, Accounting, Finance, or an equivalent combination of education, training, and experience.
• 2+ years of experience supporting financial accounting, cost management, or project finance functions, preferably in construction industry.
• Strong foundation in cost management, reconciliations, and financial reporting.
• Experience supporting external or client-facing financial reporting is an asset.
• CPA or CFA designation (or actively pursuing) considered an asset.
• Strong analytical and problem-solving skills with high attention to detail.
• Excellent written and verbal communication skills.
• Ability to manage multiple priorities and meet strict reporting deadlines.
• Proficiency in MS Excel; experience with SAP or similar ERP systems is an asset.

Why Join Us?

Compensation: $75,000 - $90,000 annually. The listed salary range reflects potential base pay and considers factors such as experience, education, and training. Each candidate is evaluated individually and offers toward the higher end may be extended to those with exceptional qualifications.

• Comprehensive health and dental benefits and RRSP matching plans.
• The opportunity to work on one of the most exciting rail projects in Toronto.
• A wide array of learning and development opportunities.
• A work environment focused on health and safety.

This posting is for a current vacancy and applications are reviewed on a rolling basis.

STC is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of citizenship, race, place of origin, ethnic origin, colour, ancestry, disability, age, creed, sex/pregnancy, family status, marital status, sexual orientation, gender identity, gender expression, and record of offences.

Disclaimer:Some parts of our recruitment process may include AI-assisted technology to help manage and streamline the process.

When we collect your personal information as part of a job application or offer of employment, we do so in accordance with industry standards and best practices and in compliance with applicable privacy laws.We are committed to adhering to the objectives and requirements outlined in the Accessibility for Ontarians with Disabilities Act (AODA) and to meeting the accessibility needs of persons with disabilities in a timely manner through the implementation of the requirements of the AODA and its applicable regulations. If you require accommodation under the AODA during any step of the application process, please email us [e-mail].