Project Accountant

The Walter Fedy Partnership; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

The Walter Fedy Partnership in Toronto is seeking a Project Accountant responsible for financial operations and integrity throughout project life cycles. This role involves working closely with project managers to ensure accurate project setup and disciplined cost control.

The ideal candidate will have 7+ years of experience in project accounting within the architecture, engineering, or construction sectors. The position emphasizes collaboration and necessitates excellent communication skills to deal with non-financial colleagues effectively.

Join us in enhancing communities through innovative design.

Qualifications

• Minimum of 7 years of experience in project accounting within a medium-sized firm.
• Strong knowledge of accounting principles and project cost control.
• Ability to conduct data analysis and problem-solving.

Responsibilities

• Ensure smart project setup in accordance with the Client contract.
• Prepare monthly project performance reports.
• Manage financial aspects of consultant relationships.

Skills

Accounting principles

Project cost control

Attention to detail

Data analysis

Interpersonal skills

Time management

Education

7 years of experience in project accounting

Experience in architecture, engineering, or construction

Job description

The Project Accountant (PA) is the owner of the financial operations of the projects assigned to them. They are responsible for establishing and maintaining the financial integrity of projects from initiation through closeout working closely with project manager (PMs) and project coordinators (PCs), the PA ensures accurate project setup, disciplined cost control, timely invoicing, effective accounts receivable management and concise financial project reporting. The PA is a valued member of the project team, and plays a critical role in identifying financial risk, supporting recovery actions, and safeguarding project profitability. Your analytical abilities turn incomprehensible numbers into meaningful data, allowing project leader to make proactive decisions to ensure the financial wellbeing of the projects.

Location

The right candidate may be located in any of our five office locations and may work from any of those locations.

You’ll Love This Role If

• You are ambitious in your pursuit to be the best.
• You get the importance of paying attention to detail without losing sight of the big picture.
• You embrace progressive change, out-of-the-box thinking, and working in a high-energy environment.

What you will do

• Review various contract fee type s , billing structure terms, and financial risks during the project initiation stage ;
• W ork with Project Managers to ensure smart project setup in accordance with the Client contract;
• Quantify financial impacts of scope changes and track approved and pending additional services ;
• Maintain the project forecast and monitor impacts on fee burn and cash flow ;
• Prepare monthly project performance reports and communicate status with Project Manager s ;
• Prepare and submit invoices in accordance with specific project billing requirements ;
• Responsible for collecting AR and working with the Project Manager to resolve any issues, as applicable ;
• Manage financial aspects of consultant relationships from proper fee setup to payment release;
• Support Project Managers during the billing and earned value analysis monthly cycle to ensure accuracy of coded costs and revenue recognition;
• Quantify financial risk exposure and advise on mitigation strategies ;
• Attend internal and external project meetings as applicable ;
• Finalize billing, WIP clearance, and AR collection at project closeout ;
• Contribute to lessons learned and continuous improvement initiatives ;
• Assist with various tasks and projects assigned by supervisors to support the overall success of the team and company objectives ;
• Demonstrate a strong commitment to our company values of quality, client focus, teamwork, sustainability, and community ; integrating these principles into daily work practices and interactions with colleagues, clients, and stakeholders.

What you bring to the table

• Minimum of 7 years of experience in project accountin g within a med i um sized firm in the architecture, engineering or construction industry .
• Strong knowledge of accounting principles and project cost control
• Aptitude for learning new accounting systems required .
• Exceptional communicator with excellent interpersonal skills and the ability to seamlessly partner with non-finance minded colleagues to be a trusted advisor .
• Proven ability to manage multiple tasks with high attention to detail, particularly under deadline pressures ; strong time management skills .
• Ability to conduct data analysis and problem-solving with a proactive and collaborative approach to achieve team objectives .
• Confident in independent judgment, and a commitment to continuous improvement in finance processes and systems.
• Commitment to accuracy, integrity, and confidentiality in handling financial information.
• Curious – not afraid to ask questions and investigate alternatives before recommending solutions.
• Enjoy working in a fun, collaborative team environment!

Life at WalterFedy

As a national, innovative, multi-discipline design and construction collective, our ambition goes beyond great design – we are here to enhance the world around us. We need a team of agile, ambitious, and big-picture thinkers who share our drive to harness our collective talents to do something bigger.

Our team is made up of the industry's best. We share a common commitment to questioning the ordinary, infusing everything we do with creativity, and challenging our industry to redefine what’s possible.

Join us as we move past working for a living, and toward building better communities with smart, influential design.

Equal Opportunity Employer

WalterFedy strives to create a culture of inclusivity and diversity. We strongly encourage applications from all qualified individuals, including those from groups traditionally underrepresented in the workforce. We are committed to equal opportunity hiring practice and will not discriminateon the basis of race, religion, colour, creed, national origin, citizenship, status, age, sex, gender identity/expression, marital or domestic partnership status, or disability.

Accommodations

Should you require an accommodation to participate in the application process, please contact [e-mail] or call 519‑576‑2150.