Project Accountant

Altis Recruitment; Toronto; On-site; CAD 70,000 - 90,000; Full time

Benefits offered by this job

Half-day Fridays

Health insurance with 100% premiums paid

Wellness and fitness reimbursement

Professional membership reimbursement

Career development sessions

Monthly pizza/BBQ lunches

Modern workspace

Annual social retreats

Job summary

A consulting firm in Toronto seeks a Project Accountant to oversee project financials, including cost tracking and billing. The ideal candidate will have a degree in Accounting and 3+ years of project accounting experience, preferably in the engineering sector. Familiarity with Deltek Vision and strong Excel skills are required. Benefits include comprehensive health insurance and professional development perks.

Qualifications

• Minimum 3 years of experience in project accounting, preferably in engineering or construction sectors.
• Strong understanding of accounting policies and internal controls required.

Responsibilities

• Provide monthly project updates to the Controller.
• Prepare client invoices according to company procedures.
• Monitor invoice aging and manage cash collections.
• Support project audits and respond to external audit requests.

Skills

Project Accounting

Cost Control

Revenue Recognition

Budget Monitoring

Strong Excel Skills

Education

Diploma or Degree in Accounting, Finance, or related field

Tools

Deltek Vision

Job description

Overview

We are hiring a Project Accountant to join a Toronto-based engineering consulting firm. This role reports to the Controller and is pivotal in overseeing multiple projects, ensuring accurate cost tracking, billing, cash collection, and reporting. The Project Accountant will collaborate with the accounting team to ensure monthly completion of project policies and procedures and contribute to year-end financial reporting.

Key Responsibilities

• Provide project updates to the Controller on a monthly basis or as issues arise, offering insights into the financial health of projects.
• Prepare client invoices in line with company procedures, client requirements, and contractual terms.
• Monitor invoice aging and manage cash collections.
• Track accounts receivable and follow up on outstanding payments as necessary.
• Maintain project setups in the company’s project management system, ensuring accurate coding and compliance.
• Engage extensively with project teams, clients, and sub-consultants to ensure the financial health of projects.
• Identify and resolve potential project and accounting issues on a monthly basis.
• Ensure adherence to internal controls, accounting policies, and contractual obligations.
• Support project audits and respond to external audit requests.

Qualifications

• Diploma or Degree in Accounting, Finance, or a related field.
• 3+ years of experience in project accounting, preferably within engineering, architecture, or construction sectors.
• Experience with Deltek Vision is required.
• Strong understanding of revenue recognition, cost control, and budget monitoring.
• CPA designation (or in progress) is an asset.
• Proficient in Excel.

Benefits & Perks

• Half-day Fridays throughout the year.
• Health insurance with 100% premiums paid by the company.
• Wellness and fitness reimbursement.
• Professional membership and formal education reimbursement (for applicable roles).
• Career development and professional development sessions (count towards CPD).
• Monthly pizza/BBQ lunches and ice cream days during summer.
• A multi-faith room is available in the office.
• Modern, dynamic, and vibrant workspace.
• Presto card for work-related travel (client meetings or site visits).
• Annual social retreats and monthly social events.