Project Accountant

Harbinger Network Inc.; Hamilton; On-site; CAD 90,000 - 115,000; Full time

Benefits offered by this job

Benefits package

Job summary

Harbinger Network Inc. in Hamilton, Ontario, seeks a Project Accountant to manage the financial performance of multiple construction projects.

You will partner with Project Managers to ensure accurate reporting, cost control, and timely billing throughout each project lifecycle. The role requires 5–7 years of construction accounting, strong knowledge of WIP and percentage-of-completion, expertise in contract billing, advanced Excel and ERP experience, and the ability to analyze, communicate

Qualifications

• 5–7 years accounting experience in the construction industry.
• Strong understanding of project accounting concepts including WIP & percent completion.
• Experience with contract billing, progress draws and change orders.
• Advanced Excel and experience with accounting/ERP systems.
• Analytical and problem-solving abilities with good communication.
• Ability to manage multiple priorities and meet deadlines.
• Post-secondary education in accounting/finance (or in progress).

Responsibilities

• Partner with PMs/PCs to develop, maintain, and update project budgets in the financial system.
• Monitor project costs, forecasts, billings, margins, and cash flow.
• Review and validate project costs for accuracy and contract compliance.
• Manage day-to-day project accounting for multiple projects and prepare financial reports.
• Participate in monthly project reviews and provide financial insights.
• Prepare variance analyses and support WIP/percentage-of-completion reporting.
• Forecast financial performance and review project reconciliations and revenue recognition.
• Prepare and review client billings, subcontractor invoices, and reconcile payments.
• Maintain audit-ready project documentation and manage change orders.

Skills

Construction accounting

WIP & % complete

Contract billing

Advanced Excel

ERP systems

Communication skills

Multitasking

Education

Accounting/Finance degree

Or in progress

Tools

ERP systems

Financial software

Job description

The Project Accountant 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.

Skills & 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).

Essential Job Responsibilities

1. 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.
2. 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.
3. 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.
   • Reconcile incoming payments.
4. 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.

Performance Expectations

• Build and maintain effective working relationships with internal teams, subcontractors, and clients.
• Proactively identify and elevate project financial risks and issues.
• Ensure a high level of accuracy and attention to detail in all deliverables.
• Maintain compliance with the teams Human Resources Policies and Health & Safety Policies & Procedures.

A very competitive pay scale with an industry leading benefits package. Strong group culture with that promotes honesty and teamwork.