Project Accounting Manager

3 weeks ago


Toronto ON, Canada B+H Architects Full time

Project Accounting Manager, North AmericaB+H Architects is seeking an experienced, hands-on Project Accounting Manager. You will serve as a Finance Business Partner supporting the Firm’s project operations including all aspects of project financial performance, accounting, reporting and analysis, working capital management, and providing leadership of a team of Project Accountants and implementing best practice.Reporting to the Global Controller, the Project Accounting Manager will lead the Project Accounting team and work closely with our directors of practice with the mindset of collaboration and continuous improvement of our processes. While based in Toronto, you will also have the opportunity to support and collaborate with other studios across Canada and with partners across the globe. As part of a fast paced and multifaceted enterprise the opportunity provides for work in a diverse, inclusive multi-disciplinary firm in many sectors of the construction and design industry where B+H is one company of many faces with the capacity to provide exposure to over nine countries on projects of significant status and stature. Joining our team is a step into the world with a firm that supports and follows its leads.Is this the Role for You?Do you thrive in a highly collaborative, team-based environment that spans multiple offices and geographies?Are you a high energy, proactive and enthusiastic self-starter, who sees opportunities instead of issues and meets obstacles with alternative solutions and a smile?Do you define “being a team player” as enthusiastically doing what it takes to help the whole team succeed, regardless of the task?Do you want to be part of a global architecture & design firm on the rise, with exciting future aspirations?Are you a problem solver? A person who enjoys the opportunity to resolve puzzles and work with others to do so as well?As a Manager, Project Accounting you will be responsible for:Manage all aspects of project accounting, including project set up, revenue recognition, billings and AR collections. Accurate and timely entry of project budgets, based on project contracts, additional services, etc. (close outs, opening, set up)Supports project leaders to address changes in project scope or timeline and resolve any financial issues that might impede project timelines.Provide financial analysis for project managers and principals, tracks and analyzes consolidated financial results for all projects.Present financial performance reports, and ad-hoc reports as required.Work closely with Project Managers and Principals to prepare monthly revenue forecasts and collection forecasts.Understand the projects, opportunities and risks associated with it from a financial perspective, provisions, tease out revenue recognition if possible, and make decisions based on this.Oversee monthly project status reports prior to project reviews.Oversee and review monthly project variance reports and make recommendations to Project Managers and Principals on how to improve performance, if necessary.Manage overall working capital including timesheets, billing and collections.Manage a team of four project accountants.Oversee the subconsultant payable management, invoice coding and review against project budgets and contracts and process weekly Pay when Paid reports.Assist with the ongoing development, improvement, and implementation of accounting policies, procedures, and processes.Work closely with Director of Practice for continuous improvement on project management process.Support with internal and external audits, and lead the audit function for project accounting.The successful candidate will possess:Be legally entitled to work in Canada - holding Canadian Citizenship, Permanent Resident status or a valid work permit.Bachelor’s degree in Accounting or Finance.7+ years proven experience in project accounting with 1-3 years of supervisory experience, with a focus on financial reporting and compliance; experience in Architectural, Interior Design, Engineering industry is strongly preferred.Adept in Accounting software (SAP S4Hana and BST preferred) and Advanced Excel skills.Detail-oriented with a strong analytical mindset, strong problem-solving skills and able to function independently.A proven leader with a positive attitude and strong interpersonal skills.A self-starter with demonstrated ability to work under pressure, manage multiple projects and deadlines.Understands revenue recognition in project accounting under the IFRS.OTHER DUTIESPlease note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for the job. Duties, responsibilities, and activities may change at any time with or without notice.BENEFITS OF WORKING AT B+HHybrid work arrangements with a combination of working in the Toronto Studio and remotely.Competitive salary based on experience and industry standards.An excellent employer paid Extended Health & Dental Benefit, Life, and AD&D.Employee Wellness Program.Referral bonus program.Company's perks/discounts (i.e Goodlife, perkopolis etc.).You will be exposed to an open, ‘continuous learning’ environment (i.e. lunch & learn) where professional development and career progression is encouraged.You will work within a dynamic, driven, high-achieving, close-knit, and fun-loving team.We value and are committed to upholding a culture of Inclusion and Belonging.OUR FIRMB+H is a global, award-winning, full-service design firm recognized for excellence in sustainable design, technical expertise and the delivery of complex, large-scale projects. A legacy of 70 years of design innovation and problem solving has endowed us with a depth of knowledge, skill and agility that benefits each client we serve, wherever they are in the world.We are committed to delivering high-performance and sustainable communities, buildings and environments that exceed client expectations, contribute to human well-being, and enhance the health of our planet. We believe in the power of design to elevate people’s lives and we are committed to doing everything necessary to deliver environments that outperform our clients’ expectations, now and in the future.Collaborating across ten studios in Toronto, Vancouver, Seattle, Shanghai, Hong Kong, Singapore & Ho Chi Minh City, B+H’s architects, interior designers, planners, landscape architects, organizational design specialists, experience designers, researchers, analysts, and brand strategists combine strategic thinking, bold design, and advanced technology with the creative human energy of an interdisciplinary, multi-generational team. B+H delivers strategic consulting and high-value design solutions that shape spaces, communities, and economies.At B+H we push the limits of creativity by acknowledging the humanity in the creative process. We believe in letting things get a little messy while we let our minds explore the bounds of what’s possible. Once we’ve found something truly new, then we reassemble it into the clean, well-executed project our clients expect from us. Join us if you’re willing to try new things, to go bold, and to let the best idea win. If you’re willing to stretch yourself and you want to create something that’s never existed before, we want you.For more information, please visit and inclusion have always been at the core of our values at B+H. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds. B+H is an Equal Employment Opportunity Employer. Individual accommodation will be provided for applicants with disabilities who meet required qualifications. Please advise us at any time during the recruitment process.


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