Accounts Payable Clerk, Major Infrastructure Contract Cost Management

Transportation Investment Corporation; Vancouver; Hybrid; CAD 66,000 - 91,000; Full time

Benefits offered by this job

Five weeks vacation

Hybrid work arrangement

Health Spending Account

BC Public Sector Pension Plan

Transit subsidy

Travel Insurance

Job summary

Transportation Investment Corporation in Vancouver, BC, is seeking a Finance professional to manage payments to contractors and vendors, ensuring accurate processing of monthly payment applications, including cash allowances and utilities. You will liaise with field teams and subcontractors, resolve payment issues, and support cost controls and reporting.

A BA in accounting/finance and 3+ years' experience, Excel proficiency and Oracle E-Business Suite experience are required.

Qualifications

• Bachelor's degree in accounting, finance, or equivalent with at least three years' experience.
• Proficient in Microsoft Excel and data management.
• Experience with Oracle E-Business Suite for financial processing.
• Knowledge of asset management, contract administration, procurement, and records management.
• Financial management experience including budgeting, reporting, and policy analysis.

Responsibilities

• Process monthly payment applications from project Contractors and ensure timely validation.
• Coordinate with field teams, contractors, and subcontractors to determine monthly payments.
• Resolve payment issues between contractors and TI Corp and escalate when needed.
• Support best-practice development using TI Corp project experience.
• Provide cost data from monthly valuations to enable analysis and reporting.
• Expedite monthly deliverables to the Province and confirm financial performance.
• Attend commercial and construction meetings and contribute to reports.
• Undertake other project-related commercial and financial tasks.

Skills

Excel

Education

Bachelor's degree in accounting or finance

Tools

Oracle E-Business Suite

Job description

The salary range for this position is$66,000 to $91,000. The final offer will be determined based on the successful candidate's skills, experience, and internal equity considerations. Please note that the offer may fall anywhere within the posted range and is not necessarily at the top end.

About Us:

Transportation Investment Corporation (TI Corp) is a public crown corporation dedicated to delivering major infrastructure projects in British Columbia on behalf of the Ministry of Transportation and Infrastructure. With over $19.5 in major infrastructure developments, we are committed to upholding the highest standards of construction oversight.

Why Join Us:

At TI Corp, you'll be part of a dynamic and innovative team driving transformative infrastructure projects that make a real difference in communities. We pride ourselves on fostering a collaborative and inclusive work culture where your ideas are valued. Enjoy competitive compensation and comprehensive benefits, along with opportunities for professional growth and development. Here, your contributions will not only shape your career but also the future of our infrastructure landscape. Join us and be a part of something impactful!

Overview:

Reporting to the Contract Cost Manager, this position is responsible for the secure, accurate, and timely processing of payments to contractors and vendors on behalf of TI Corp, the project owner. Specifically processing cash allowances, reviewing invoices and administering Project Agreements between the Owner and Project Contractor.

What We Offer:

• Vacation starts at five weeks and with an additional one day per year of service to a maximum of six weeks.
• TI Corp is dedicated to professionally growing staff and building internal capacity, through mentorship, active succession planning, learning and development financial assistance, and membership dues.
• Extended health and dental benefits plus a $1000 Health Spending Account annually.
• We are part of the BC Public Sector Pension Plan – if you join us from other Public Service or Public Sector organizations who are part of this pension plan, your pension will continue seamlessly.
• Hybrid work arrangement with the ability to work from home one day a week following an orientation period.
• Top-up allowance for maternity and parental leave.
• Free travel insurance for full-time employees.
• Transit subsidy program.

Key Accountabilities:

• Processes monthly payment applications from Project Contractors, meets process timelines and performs evaluations to required level of validation, focusing on items associated with cash allowances and utilities. Ensures accuracy in payment certified.
• Liaises with Field teams, Project Contractor and, Utilities & UDB (underground duct bank) Subcontractors to determine monthly payment applications.
• Resolves payment issues between the Project Contractors and TI Corp and escalates when appropriate.
• Supports development of best practices and issue resolution using the experience of other TI Corp projects, external projects, professional experiences and external resources.
• Compiles and provides cost data from monthly payment valuations to Project Controls, Finance and Contract and Commercial to enable analysis, reporting and change valuation.
• Expedites monthly commercial deliverables from Project Contractor for the Province to ensure understanding of the Project’s financial performance.
• Conducts monthly reviews of construction progress in the field teams and works with Project Controls to validate monthly performance metrics of contractor.
• Guides functional reports and undertakes monthly payment administration.
• Attends key commercial and construction meetings, both internal and external.
• Undertakes other Project related commercial and financial tasks as required.
• Attends and contributes as appropriate to the Commercial Community of Practice.

Qualifications:

• Bachelor's degree with a major in accounting, finance or equivalent with at least three years of progressive experience in providing administrative and financial support services.
• Strong proficiency in Microsoft Excel, with experience in organizing large volumes of data.
• Experience using ERP software, such as Oracle E-Business Suite, for financial transaction processing.
• Good knowledge of asset management, contract administration, procurement, information systems and records management.
• Financial management experience includes financial planning/budgeting, financial reporting/analysis and policy analysis/development.

Additional Requirement:

• You must be legally authorized to work in Canada.
• An offer of employment is conditional upon the completion of an acceptable current criminal record check.

Note:

• Collection Notice: Your personal information is collected from LinkedIn by Transportation Investment Corporation (TI Corp) pursuant to 26(c), 26(e), and 27(1)(a)(i) of the Freedom of Information and Protection of Privacy Act for the purpose of TI Corp recruitment. This includes information you provide through LinkedIn, as well as information about you that is generated by LinkedIn, such as your connections to other TI Corp employees on LinkedIn, how well the skills you have identified on LinkedIn match our job requirements, and what other TI Corp jobs you have applied for on LinkedIn By proceeding, you are authorizing TI Corp to indirectly collect this information. If you have any questions about the collection of your personal information, please contact the Privacy Officer at [e-mail].