Project Accountant

Winchesters; Golden Horseshoe; On-site; CAD 70,000 - 85,000; Full time

Job summary

An innovative company in the construction industry is seeking a Project Accountant to join their dynamic team. This role focuses on job cost performance and monitoring, requiring candidates with prior accounting experience in construction or engineering firms. The successful candidate will be responsible for preparing budgets, analyzing variances, and ensuring accurate billing processes. This is a fantastic opportunity to contribute to a forward-thinking organization that values precision and teamwork. If you are passionate about finance and eager to make an impact, this position is perfect for you.

Qualifications

• 2-5 years experience in budget preparation within construction.
• Strong communication skills are essential for this role.

Responsibilities

• Prepare and maintain project budgets and analyze variances.
• Generate accurate billing and monitor job holdback release timelines.
• Provide ad-hoc financial analysis and reports for management.

Skills

Budget Preparation

Communication Skills

Financial Analysis

Education

Post-secondary education in accounting/finance

Job description

Project Accountant

Located in Scarborough (in office role)

Salary between $70k - $85k plus discretionary bonus and benefits

Our client, within the construction industry, is looking for a Project Accountant to join their innovative team. This role primarily focuses on job cost performance and monitoring and ideal candidates would be coming with prior accounting/project accounting experience from construction/engineering firms.

Responsibilities:

• Prepare and maintain project budgets, analyze budget variances and prepare estimates of costs to complete
• Set up job, add cost codes, log, enter, and review change orders, record booked sales and review/update job forecast
• Prepare salary recovery worksheets and other cost transfer forms
• Run and review productivity report
• Prepare detail variance analysis and identify trends
• Flag any potential risks and concerns
• Provide job cost information for month end, quarter end and year end close
• Run profit recognition report
• Participate in month-end WIP reviews
• Ensure the project set up/structure supports the billing requirements, billing line set up as required
• Generate accurate and timely draft billing for customer approval, post approved invoices, and collect overdue invoices
• Reconcile monthly billed/unbilled vs. revenue activity, and investigate/resolve unexplained reconciling items
• Send invoices to client
• Monitor job for holdback release timelines and required documents for release
• Provide ad-hoc financial analysis and reports for management as requested

Qualifications:

• Post-secondary education in accounting/finance or equivalent experience
• 2-5 years proven experience with budgetary preparation within the construction industry
• Excellent communication skills

If you are interested in applying for this opportunity, please email your resume to [e-mail]. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.