Project Accountant

Prodigy Group; Toronto; On-site; CAD 65,000 - 85,000; Full time

Benefits offered by this job

Competitive pay

Vacation package

Annual bonus

Social events

People-first culture

Job summary

Prodigy Group is seeking an experienced Project Accountant to join our Finance team in Toronto. You will manage timely and accurate accounting, reporting, and analysis of project revenue and costs, serving as the primary financial contact for assigned projects and collaborating with project managers, coordinators, directors, clients, consultants, and vendors.

The ideal candidate has construction accounting experience, strong attention to detail, and at least three years of accounting experience,

Qualifications

• Diploma or bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Experience within the construction industry is a requirement.
• Minimum of three years of relevant accounting experience.
• Proficient with Microsoft Office, specifically Excel.
• Knowledge of ERP systems; Jonas Premier would be an asset.
• Knowledge of accounting principles.
• Demonstrates knowledge of best practices in accounts receivable, accounts payable, reconciliations, and audit trails.
• Willingness to adapt and be flexible in evolving circumstances.
• Exceptional attention to detail and accuracy.

Responsibilities

• Reviewing, organizing, following up and processing supplier and trade invoices for approval and payment as well as reviews Vendor Statements.
• Ensuring trades are paying in accordance with payment terms and responding to vendor and trade queries in a timely manner, resolving issues with project teams.
• Reconciling against contract value (including change orders) and processing Subtrade invoices, ensuring insurances and lien waivers are in place.
• Managing collection of payments (A/R) and sending monthly statements to clients for review and follow-up.
• Assembling client progress billing packages to ensure timely billings and payments.
• Setting up and maintaining job and financial forecasts, month-end activities, cost accruals, revenue recognition and variance analysis.

Skills

Excel proficiency

ERP systems

Attention to detail

Adaptability

Communication

Education

Diploma or Bachelor's in Accounting/Finance/Business Administration

Tools

Jonas Premier

Job description

Prodigy is seeking an experienced Project Accountant to join our Finance team. The Project Accountant is responsible for the timely and accurate accounting, reporting, and analysis of project revenue and costs. This role serves as the primary financial and accounting contact for assigned projects and works closely with Project Managers, Project Coordinators, Directors, Partners, clients, consultants, suppliers, and trades. The successful candidate will bring strong construction accounting experience, excellent attention to detail, and the ability to manage multiple priorities in a fast paced project environment.

We are thrilled to be Great Place to Work-Certified™! We are proud to be recognized as a company that puts its people first. Join an award-winning culture where your voice is heard and your growth is prioritized!

Who We Are:

Prodigy is a North American Construction Management firm based in Toronto, Canada, with offices in Vancouver, Montreal, and Chicago. We specialize in Institutional, Retail, Hospitality, and Corporate construction, focusing on the North American market.

At Prodigy, our people serve as the driving force behind our path towards greatness. This collective dedication, encompassing our executive team, senior management, and our highly talented field-level professionals, has propelled Prodigy to rapid success and a solid industry reputation. In doing so, we've built a diverse and inclusive team where each member's unique experiences and perspectives enrich our collective journey. Our commitment is to ensure that every team member feels empowered to embrace their authentic selves and to provide every team member with the opportunity to reach their full potential and make a meaningful contribution to the communities we serve.

If you're someone who finds inspiration in these types of projects and shares our commitment to relationships, trust, accountability, Inclusivity, and honesty, we invite you to become a part of our team.

Please visit our website to learn more about our organization.

As a Project Accountant, you’ll be responsible for:

• Reviewing, organizing, following up and processing supplier and trade invoices for approval and payment as well as reviews Vendor Statements.
• Ensuring trades are paying in accordance with payment terms and responding to vendor and trade queries in a timely and effective manner, resolving issues promptly with project management teams.
• Reconciling against contract value (including change orders), processing Subtrade invoices and following up for insurances, statutory declarations, and lien waivers.
• Responsible for collection of payments (A/R) based on invoices submitted. Sends monthly AR statements to clients for review and payment follow-up, sends copies of any outstanding invoices.
• Assembling client progress billing packages in accordance with approval procedures to ensure our clients are in receipt of billings on a timely basis and payments are received as per contract terms and conditions.
• Responsible for job and financial forecast setup, control, and maintenance activities, as well as month end activities, including cost accruals, revenue recognition and variance analysis.

About You:

The successful candidate will have the following:

• Diploma or bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Experience within the construction industry is a requirement.
• Minimum of three years of relevant accounting experience.
• Must be Highly proficient with Microsoft Office, specifically Excel.
• Must have a knowledge of ERP systems and Jonas Premier would be considered an asset.
• Must have Knowledge of accounting principles.
• Must show demonstrated knowledge of best practices in accounts receivables, accounts payables, reconciliations, and audit trails.
• Demonstrates a willingness to adapt, improvise, and remain flexible in response to evolving circumstances.
• Must have exceptional attention to detail and accuracy.
• Competitive pay and vacation package
• Annual performance based bonus
• A fun, people-first culture with regular social events and celebrations

Approximate Annual Salary Range for this role: $65,000-85,000

Final compensation is determined based on experience, certifications, education/training, work location, and the size and the complexity of the projects assigned.

This posting is for an existing vacancy within our organization.

Artificial Intelligence (AI) Use:

We may use technology to support the initial application review; however, final decisions are always made by our hiring team after reviewing applications and completing interviews.

Prodigy Group is strongly committed to an inclusive selection process, being barrier-free, and fostering a workforce that reflects the diversity of the community. We encourage applications from all qualified individuals, including applicants from all cultures, racialized communities, abilities, diverse sexual and gender identities, and others who may contribute to the further diversification of ideas. Prodigy Group provides accommodation, accessible formats, and communication support for the recruitment process upon request. Please contact us at [e-mail] if you require accommodation at any stage in the recruitment process.