Finance Coordinator

2 weeks ago

Windsor ON, Canada 3 Step Recruitment Inc. Full time

Finance Coordinator

Our client, a leading North American industrial and infrastructure construction company is seeking a Finance Coordinator to join their team in Windsor Ontario. This position offers a 12-18-month contract with potential for extension.

As the Finance Coordinator, you'll report directly to the Finance Manager and play a crucial role in maintaining accurate job cost records and budget information for ongoing construction projects.

Job Type: 12-18-month contract with the possibility for extension.
Hourly Rate: $30-$35 per hour.
Location: Windsor.
Hours: 7am-5pm.
Benefits: Full benefits on start date + 6% vacation pay.

Responsibilities:
  • Inputting original estimates, approved/pending change orders, billings, and pending payments into designated estimate sheets and categorizing them based on various criteria.
  • Assigning cost code numbers to new and ongoing project estimates using established standard codes and miscellaneous codes upon approval, with a focus on maintaining precision.
  • Generating and maintaining reports to compare project estimate spreads with project awards and identifying any discrepancies.
  • Updating labor productivity reports, project labor percentages of completion, quantities, and comparing expenses or projected costs to estimates based on information provided by field personnel or supervisors.
  • Collaborating with the Financial Manager, Estimator, and Project Manager before the commencement of each new project to review estimates, ensure proper job setup, and determine the most suitable cost coding system based on project requirements and critical tracking items.
  • Reviewing, interpreting, and analyzing expense or projected cost reports and facilitating adjustments or corrections as needed.
  • Generating journal entries as required to rectify job cost inaccuracies.
  • Providing cost information as needed for projects.
  • Obtaining labor rate breakdowns from Estimators or Project Managers.
  • Managing the application for payment process for both the owner and internal systems.
  • Ensuring contracts are fully invoiced in accordance with contract requirements and providing all necessary paperwork to clients within specified monthly deadlines.
  • Following up on outstanding Accounts Receivable balances.
  • Monitoring outstanding/open purchase orders.
  • Generating monthly financial reports for assigned projects.
  • Maintaining contract status reports and entering weekly quantity, labor, and other percentage updates.

Qualifications:
  • 3+ years of relevant finance/accounting experience
  • Post-secondary education in accounting or related is an asset.
  • Experience in the construction industry is an asset.
  • Knowledge of project billing and construction job costing.
  • Strong technical and analytical skills.
  • Excellent communication skills, both written and verbal.
  • Ability to effectively manage time and prioritize tasks.

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