Project Accountant

MaxPeople HR

Hamilton

On-site

CAD 80,000 - 100,000

Full time

6 days ago
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Benefits offered by this job

Employer RRSP contributions
Comprehensive benefits

Job summary

Mattina Mechanical Limited in Hamilton, Ontario, is seeking a Project Accountant to manage the financial performance of multiple construction projects, partnering with Project Managers to ensure accurate reporting, effective cost control, and timely billing throughout the project lifecycle.

The Project Accountant will oversee budgeting, forecasting, WIP and revenue recognition, and project reconciliations, collaborating with PMs and PCs to drive financial integrity and project success in a

Qualifications

  • 5-7 years accounting experience in the construction industry.
  • Strong understanding of project accounting concepts, including WIP and percentage-of-completion.
  • Experience with contract billing, including progress draws and change orders.
  • Advanced Excel skills and experience with accounting/ERP systems.
  • Strong analytical and problem-solving abilities.
  • Excellent communication and interpersonal skills.
  • Ability to manage multiple priorities and meet tight deadlines.
  • Post-secondary education in accounting, finance, or a related field (or in progress).

Responsibilities

  • Manage the financial performance of multiple construction projects.
  • Partner with PMs and PCs to develop budgets and monitor costs.
  • Prepare monthly, quarterly, and annual project financial reports.
  • Perform variance analysis on costs and gross margins.
  • Support WIP and percentage-of-completion reporting.
  • Prepare and review project reconciliations, accruals, and revenue recognition entries.
  • Prepare and review client billings, including progress draws and change orders.

Skills

Construction accounting
Project accounting
Financial analysis
Advanced Excel
ERP systems
Communication skills
Time management

Education

Post-secondary education in accounting or finance

Tools

Excel
ERP software

Job description

Mattina Mechanical Limited (MML), headquartered in Hamilton, Ontario, is a privately owned, premier mechanical contracting firm recognized for delivering complex, high-impact projects across institutional, commercial, industrial and mid-high-rise residential sectors. Renowned for precision, reliability, and an unwavering commitment to safety and quality, MML combines technical expertise with innovative solutions to exceed client expectations.

The company’s growth is fueled by operational excellence, forward-thinking strategies, and a culture that champions collaboration, integrity, and the continuous development of its people. MML proudly operates as an open shop contractor, maintaining a workplace where opportunity is based on performance, skill, and commitment. The company values employee choice, respect, and fairness while fostering a unified culture built on teamwork, transparency and shared success.

Role Overview

The Project Accountant reports to the Director of Finance and Accounting and is responsible for managing the financial performance of multiple construction projects, partnering with Project Managers to ensure accurate reporting, effective cost control, and timely billing throughout the project lifecycle.

What You’ll Be Doing

Financial Planning and Budgeting

  • Partner with Project Managers (PMs) and Project Coordinators (PCs) to develop, maintain, and update project budgets within the financial system.
  • Monitor project costs, forecasts, billings, margins, and cash flow throughout the lifecycle.
  • Review and validate project costs to ensure accuracy and compliance with contract terms.

Financial Reporting and Analysis

  • Manage the day-to-day project accounting activities for multiple concurrent construction projects.
  • Prepare and analyze monthly, quarterly, and annual project and work order financial reports.
  • Participate in monthly project reviews with PMs and PCs, providing financial insights and identifying risks and opportunities.
  • Prepare variance analysis on project costs and gross margins.
  • Support the work-in-progress (WIP) and percentage-of-completion reporting.
  • Forecast financial performance of projects based on current trends and future projections.
  • Prepare and review project reconciliations, accruals, and revenue recognition entries.

Billing and Invoicing

  • Prepare and review client billings, including progress draws, change orders, and holdbacks in the financial system.
  • Coordinate with Project Managers and Coordinators on all billing activities.
  • Review subcontractor invoices for accuracy, approval, and contract compliance.
  • Maintain the company AR aging report, and initiate collection efforts.

Other

  • Maintain accurate and audit-ready project documentation.
  • Manage change orders, including financial system entry and reconciliation with approved customer changes.
  • Coordinate contract documentation, including statutory declarations and WSIB clearance certificates.
  • Support communication with project teams on contract modifications and approvals.
  • Perform ad-hoc financial analysis and special projects, as required

What We’re Looking For:

  • 5-7 years accounting experience in the construction industry.
  • Strong understanding of project accounting concepts, including WIP and percentage-of-completion.
  • Experience with contract billing, including progress draws and change orders.
  • Advanced Excel skills and experience with accounting/ERP systems.
  • Strong analytical and problem-solving abilities.
  • Excellent communication and interpersonal skills.
  • Ability to manage multiple priorities and meet tight deadlines.
  • Post-secondary education in accounting, finance, or a related field (or in progress).

Why Join MML

  • Long-term project pipeline and strong financial stability
  • Competitive Compensation and Bonus program
  • Employer RRSP contributions
  • Comprehensive benefits through MERIT Ontario
  • Open shop contractor, offering a collaborative, flexible, and team-oriented work environment
  • Friendly, family-oriented workplace culture
  • Continuing education and professional development opportunities
  • Fully insured and bonded employer
  • Strong commitment to health and safety, with an exemplary WSIB record

Compensation Overview

Expected base salary range: $ 80,000 to $ 100,000, aligned to experience and scope of responsibility.

This is an existing vacancy within the Finance and Accounting Department

Recruitment & Accessibility Notice

We use AI technology as part of our application review process to assist in screening and assessment. All applications are also reviewed by our recruitment team. AI is not used to make hiring decisions.

As part of our commitment to inclusivity, diversity, equity and accessibility, our goal is a workforce built on respect that reflects the communities we serve. We thank all applicants for their interest but only those selected for an interview will be contacted.

We are proud to be in compliance with the Accessibility for Ontarians with Disabilities Act (AODA), 2005 and the Integrated Accessibility Standards Regulation. We are happy to honour accommodations at any part of the recruitment process and invite you to let us know how we can help.

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