Financial Project Analyst

Fort McKay Group of Companies LP; Fort McMurray; On-site; CAD 65,000 - 90,000; Full time

Benefits offered by this job

Company pension

Group benefits

Competitive salaries

Work-life balance

Job summary

Fort McKay Group of Companies LP is seeking a Project Analyst to manage financials for assigned projects from setup to closure. This role interacts with AP, Procurement, AR, and Billing to ensure accurate cost and revenue recognition in IFRS.

You will prepare internal statements, forecasts and margin analyses, acting as the primary finance contact for PMs. The position is full-time at our Fort McMurray satellite office with a standard Monday–Friday schedule.

Qualifications

• Post-secondary education in Accounting/Finance/Business Administration preferred.
• 0–3 years of related experience preferred but not required.
• Experience with SAP is preferred but not required.
• Must be organized, detail oriented and have strong problem-solving skills.
• Excellent written and verbal communication and the ability to build relationships.
• Intermediate Excel and Power BI skills with ability to review contracts.

Responsibilities

• Oversee financial management of projects, including setup, maintenance, analysis and closure.
• Coordinate with Accounts Payable, Procurement and Billing to ensure cost recognition and revenue recognition per IFRS.
• Prepare internal financial statements and monthly reports for management.
• Act as main Finance contact for Project Managers on project finances.
• Prepare project forecasts, margin analysis and conduct month-end close reviews.
• Set priorities to meet deliverables and escalate issues as needed.
• Assist in contract rate creation and cost recovery analysis.
• Collaborate with finance team to ensure timely completion of tasks.

Skills

Excel

Power BI

Problem-solving

Attention to detail

Communication skills

Education

Post-secondary education in Accounting/Finance/Business Administration

Tools

SAP

Job description

Summary:

Under the direction of the Finance Manager Shared Services, the Project Analyst will be responsible for the overall financial project management of their assigned projects to ensure top financial performance of their projects. This position may require client site access, as such, completion of pre-access testing may be required.

Key Focus:

• Financial management of projects assigned by the Finance Manager Shared Services, which includes but is not limited to project setup, maintenance, financial analysis, and project closure.
• Work together with Accounts Payable and Procurement to ensure accurate and timely cost recognition. Includes review and coding of month end cost accrual entries.
• Work together with Accounts Receivable and Billing Administration to ensure invoice submissions meet contractual obligations. Ensure revenue is recognized in accordance with IFRS standards. Including the creation of month end revenue accrual entries.
• Primary contact for Project Managers (PM) regarding financial management of projects.
• Analyze financial performance of projects and prepare internal financial statements and other month end reports. Support Operations and Finance Managers during month end review and presentations..
• Independently organize and prioritize workload to ensure timely completion of deliverables. Escalate concerns/issues to Finance Manager Shared Services as required.
• Perform other ad hoc functions as requested.
• Collaborate with finance team to ensure timely delivery and accurate completion of tasks.
• Prepare internal financial statements for assigned projects.
• Respond to inquiries from Finance Manager Shared Services and Finance Managers.
• Prepare annual budgets for assigned contracts.
• Provide monthly non billable reporting to be presented in the Operations P&L review.
• Review journal entries and financial statements prepared by Corporate Finance to identify errors and adjust within month end timeframe.
• Prepare margin analysis and provide commentary.
• Prepare project forecasts monthly.
• Prepare client burden reconciliations annually.
• Assist in the creation of contract rates and provide analysis on cost recovery.

Knowledge and Skills Requirements:

• Post-secondary education in Accounting, Finance, Business Administration, or a related field preferred.
• 0-3 years of related experience preferred but not required.
• Experience with SAP is preferred but not required.
• Must be organized, willing to embrace change and have a strong attention to detail.
• Excellent problem-solving skills are required.
• General accounting knowledge obtained through experience and/or education.
• Excellent customer service and communication skills (written and oral) along with the ability to build and foster excellent working relationships.
• Ability to identify potential implications of actions to mitigate downstream financial impacts.
• Microsoft Excel and Power BI skills required with an intermediate level understanding preferred.
• Ability to independently review contracts and understand the contract terms regarding project type, scope of work and invoicing terms.

This is a full time position located at the Satellite Office in Fort McMurray, AB.

Work Schedule: Monday to Friday, 8 Hours / day.

NOTE: Flight and Camp accommodation are NOT Provided

What we offer:

• Company matching pension plan
• 100% Company paid group benefits including Life Insurance, Accidental Death & Dismemberment, Dependent Life, Critical Illness, Health, Dental, Employee and Family Assistance Program, and a Health Spending Account.
• Highly competitive salaries
• Safe working conditions
• The opportunity to make a difference: Rewarding and engaging atmosphere where you will see your contribution at work and be encouraged to grow in your career.
• Work-life balance: We know our people have places to go, people to see and good times to have and we support that!