Divisional Controller

Valard Construction; Edmonton; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading construction firm in Edmonton is seeking a Divisional Controller to join their team. This role is crucial for managing budgets, financial reporting, and compliance within projects. Ideal candidates will possess a strong accounting background, expertise in managing financial processes, and several years of experience in the construction sector. You will collaborate with Project Managers to oversee financial structures throughout the project lifecycle.

Benefits

Competitive salary

Complete range of employee benefits

Qualifications

• 5-7 years progressive experience in the construction industry.
• Proven General Accounting experience.
• Strong understanding of Construction Revenue Recognition principles.

Responsibilities

• Facilitate clear communication between finance and other departments.
• Prepare monthly business unit statements and budgets.
• Provide analysis and support to business unit managers.

Skills

Job Costing Management

Project Analytics

WIP Reporting

Attention to Detail

Education

Post-Secondary Diploma in a related field

Bachelor's or Master’s degree

Tools

JD Edwards

SAP

Job description

We are currently looking to add a Divisional Controller to our team. Reporting to the Director, Divisional Accounting, this position is based out of our Edmonton, AB office.

This position works closely with the Project Accountants and Project Managers in maintaining project controls and is responsible for budget management, financial reporting and compliance with accounting standards and company policies, performing project analytics and assisting in the month end processes of the company.

Responsibilities : Reporting

• Facilitate clear communication between finance and other departments to ensure alignment on financial goals and objectives
• Prepare monthly business unit statements, financial review information and annual business unit budgets and assist business unit managers in the financial planning processes
• Together with management, hold monthly business reviews with each business unit and report to the executive team.
• Provide analysis and support to business unit managers to ensure understanding of business unit statements and financial implications of business decisions
• Perform monthly divisional profit / revenue recognition, develop and analyze monthly cost reporting, and project forecasts
• Maintain tracking of intercompany billings and accruals for internal charges according to corporate accounting standards
• Monitor, review, forecast and reconcile project budgets, holdback accounts, and invoices
• Prepare, organize and review financial documents and records required for internal and external audits, ensuring they are accurate
• Ensure compliance with all relevant financial regulations and internal policies / controls

Project Life Cycle

• Provide support and oversight on a portfolio of projects with multiple Project Managers across the organization
• Provide expertise to PM's through the financial lifecycle of a project, from setup, monitoring, updating and closing
• Open, create and maintain project's financial structure, revenue, and cost budgets
• Organize and facilitate mid-month PO review meetings with project managers, buyers and receivers in order to maintain accurate open commitments
• Work with project management team to review weekly or bi-weekly job reports by work order from JD Edwards along with analysis of job level indirect costs.
• Organize and facilitate month end cost accrual meetings with the PM, buyer and receivers in order to gather and enter cost accrual information
• Work with PM to update contract value file including all approved change and documentation of all unapproved change being pursued
• Set-up and run job meetings with the Project Manager to review costs and revise forecast
• Prepare margin analysis comments for monthly vs job to date results
• Provide training and support to Project Managers on financial processes and tools

Requirements

• Post-Secondary Diploma in a related field
• Bachelor's or Master’s degree is considered an asset
• 5-7 years progressive experience in the construction industry
• Proven General Accounting experience
• Experience with JD Edwards or SAP is preferred
• Advanced experience with Job Costing Management, Project Analytics, and WIP Reporting
• Experience with Job Structure Set-up, Project Forecasting and Budgeting
• Strong understanding of Construction Revenue Recognition principles
• Strong attention to detail to maintain organized financial records and ensure accuracy

Valard Construction LP is an equal opportunity employer, committed to a diverse workforce. We offer a competitive salary and a complete range of employee benefits.

Please forward general resume submission directly to this job posting.

We thank all applicants for their interest. All applications will be reviewed to determine which candidates' education and experience best meet the needs of the position. Only individuals selected for interviews will be contacted.