Assistant Regional Accounting Director

Fashion Institute of Design & Merchandising; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading company in the design and merchandising sector is seeking an Assistant Regional Accounting Director in Toronto. This role involves overseeing accounting operations, managing financial activities, and leading a team to ensure compliance with accounting standards. The ideal candidate will have a strong background in accounting, leadership skills, and a commitment to fostering an inclusive workplace culture.

Qualifications

• A minimum of 5 years of experience in accounting.
• Solid understanding of accounting principles, preferably with project accounting experience.
• Excellent verbal and written communication skills.

Responsibilities

• Organizing and directing core accounting activities for multiple cost centers.
• Assisting with the production of annual operating budgets.
• Leading and mentoring local Operations Accounting staff.

Skills

Leadership

Analytical Skills

Communication

Organizational Skills

Education

Bachelor's degree in Accounting

Tools

MS Office

Job description

Assistant Regional Accounting Director - ( 184822 )

At HDR, our employee-owners are fully engaged in creating a welcoming environment where each of us is valued and respected, a place where everyone is empowered to bring their authentic selves and novel ideas to work every day. As we foster a culture of inclusion throughout our company and within our communities, we constantly ask ourselves : What is our impact on the world?

We are looking for an Assistant Regional Accounting Director for our Canada region.

The Assistant Regional Accounting Director position reports to a Regional Accounting Director. This position is responsible for organizing and directing core accounting activities for both accounting operations of multiple managed cost centers and project-financial activities. This includes, but is not limited to, ensuring accurate and timely review and processing of employee timesheets, employee expense reports, accounts payable, billing and accounts receivable, internal cost recovery and various other accounting and financial management functions. This position provides assurance to the Area Manager(s) / Managing Principal(s), Regional Operations and Business Group Leadership, and the Regional Accounting Director that practices and procedures are being followed in accordance with HDR policies, HDR business standards and best practices, HDR accounting principles, contractual client obligations and government compliance standards. This position will receive guidance, direction and training from the Regional Accounting Director and will be responsible to assist the Regional Accounting Director with specialized duties as assigned below. This position will partner with Area leadership to analyze financial statements & metrics and work to continually improve performance. In addition to an individual that possesses analytical skills, this individual must also possess leadership and management skills necessary to effectively orchestrate accounting staff in the performance of various project-financial functions and Area / cost center accounting functions. This position requires a team player who can leverage staff and resources to execute core functions and strategic initiatives in an efficient and effective manner. This may involve training and mentoring local area accounting managers and / or project accountant(s) while networking and building relationships with local Operations Managers and Project Managers. This position will continually work to improve processes and procedures, communicate and train respective stakeholders and work to build a consistent finance and accounting operation. Ultimately, this individual is a mechanism and investment to improve company performance.

The Assistant Regional Accounting Director’s primary duties and responsibilities in the oversight and support of local Area, local Area Accountant and Project Accountant teams are as follows :

Specialized Assistant Regional Accounting Director Functions :

• Assist the Area Manager(s), Managing Principal(s) and Regional Accounting Director with the production and compilation of annual operating budgets for local operations Areas. This includes analysis of the Rolling 12 / Rolling Forecast backlog tool.
• Monthly revenue review & manual revenue adjustments as needed, which includes preparation for monthly revenue recognition meetings.
• Organize, assist and / or lead monthly revenue recognition meetings with local Area Operations leadership teams.
• Review, analyze and communicate financial results with local Operations leadership with guidance and direction from Regional Accounting Director.
• Review Area profit / loss statements; research and report notable expense variances to Area Manager(s), Managing Principal(s) and Regional Accounting Director.
• Research, analyze and report financial trends & statistics based on requests by Area Manager(s) & Managing Principal(s) with support and direction from Regional Accounting Director.
• Lead, mentor, train and support local Operations Accounting staff with assistance and collaboration of Regional Accounting Director.
• Assist Area Manager(s), Managing Principal(s) and Regional Accounting Director with project management training initiatives, information system training and process / procedure improvements, which may include an emphasis on government contracting and FAR compliance, as well as compliance with FASB Revenue Standard 606 / IFRS 15.
• Attend and participate in Project / Business Reviews at the request of Area Manager / Managing Principal, Project Accountant or Regional Accounting Director.
• This position is an important leadership role within the organization, having the responsibility to share knowledge and experiences as well as collaborate across the matrix organization. As such, this role is performed most effectively within the office environment.

Ensure Project Accounting functions are maintained for Area(s), including but not limited to :

• Oversee all facets of project and contract financial management. This includes, but is not limited to, ensuring accurate contract documentation, contract monitoring and maintenance and contract administration during various stages of a contract life cycle.
• Perform research and provide necessary data for Project Managers, Area Managers / Managing Principals and others regarding project financial status.
• Resolve outstanding Accounts Receivable issues.
• Identify and understand Area Management financial & other reporting needs and take initiative to provide solutions.
• Ensure best practices, guidelines & business standards are followed in accordance with the Project Accounting Portal.
• Utilize Business Intelligence Projects Dashboard for ongoing project reviews, business reviews and ad-hoc discussions with Project Managers.
• Ensure Project Closeout processes are being followed, and closeouts are being performed timely.
• Ensure employee timesheets are maintained & approved relative to HDR timekeeping policy & procedures, which includes processing of timecard adjustments. Work with Regional Accounting Director to communicate HDR standards and improve accuracy and compliance.
• Review costs and ensure employee expense reports are submitted and approved in accordance with HDR expense report procedures and HDR Travel and Business Expense Policy & Procedures.
• Confirm Accounts Payable functions are performed relative to HDR accounts payable procedures.
• Coordination with Procurement for purchase requisitions & work confirmations per Procurement policies and procedures.
• Ensure Internal cost recovery functions are being performed.
• Ensure the local production of client invoicing meets contractual requirements and HDR guidelines; support local Area Accounting Manager(s) or Project Accountant(s) as needed.

Preferred Qualifications

• Degree in Accounting.
• A minimum of 8 years of experience; an advanced degree may offset years of experience.
• Solid understanding of accounting principles is a must, preferably with project accounting experience in A / E / C industry.
• Positive leader, who is a team player that takes initiative to provide solutions.

Required Qualifications

• Bachelor's degree in a closely related field or combination of education and relevant experience.
• A minimum of 5 years of experience; an advanced degree may offset years of experience.
• Proficiency with MS Office including Word and Outlook.
• Excellent verbal and written communication including grammar, punctuation, proofreading, spelling and telephone skills.
• Flexibility and ability to prioritize and handle multiple tasks and collaborate with various managers in a fast-paced environment.
• Self-motivated, well-organized and detail-oriented.
• Ability to handle confidential information.
• An attitude and commitment to being an active participant of our employee-owned culture is a must.

What We Believe

HDR is our company. Together, we build on each other's life experiences and perspectives to make great things possible every day. This shapes our collaborative culture, encourages organizational trust and connects us closer to the clients and communities we serve.

Our Commitment

As employee owners, we all have a role in creating an inclusive environment where each of us is welcomed, valued, respected and empowered to bring our authentic selves to work every day.

At HDR, the health and safety of our employees is of the utmost importance. In accordance with local safety, health, and environmental legislation, HDR is committed to developing, maintaining, and enforcing proactive safe work policies, procedures, and standards.

In accordance with the Accessibility for Ontarians with Disabilities Act (AODA) and other applicable legislation, we are committed to meeting the accessibility needs of persons with disabilities. Candidates with disabilities may request reasonable accommodation throughout the recruitment and selection process by contacting our Human Resources team.

HDR is a certified Living Wage Employer in Ontario, British Columbia, and Alberta.

Primary Location

Other Locations

Accounting

Schedule

Full-time

Employee Status

Regular

Business Class : Marketing and Admin

Job Posting

Apr 11, 2025

At HDR, we are committed to the principles of employment equity.

We are an Affirmative Action and Equal Opportunity Employer.

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