Cost Accounting Clerk

2 weeks ago

Toronto ON, Canada Comtech Group Full time

See the opportunities we have available today in our exciting portfolio of client programs and project
Comtech) is a multidisciplinary consulting firm providing integrated consulting solutions on complex capital projects, including Program and Project Management, Project Controls, Engineering, Technical Advisory, Construction Management, and Technology Integration Services. Our team thrives on embracing and navigating technical challenges within the Transportation and Infrastructure, Industrial and Manufacturing, Energy and Utilities, and Buildings and Facilities markets. Our core focus is supporting project owners through collaborative and integrated partnerships to deliver projects that improve the world around us.
Senior Cost Analyst
Project Management
Full-time
Internal Title: Senior Cost Analyst)
Responsible for developing, analyzing, and controlling the time sheet of the assigned projects and communicating cost data to ensure effective cost management across the organization
Collaborate closely with project teams, project managers, and other stakeholders to understand project goals, objectives, and requirements and translate them into detailed cost estimates, budgets, and forecasts
Manage the allocation of project resources, including personnel, materials, and equipment, to ensure that project costs are accurately captured and reported
Prepare and present cost reports and updates to project stakeholders and leadership, providing insight and recommendations for cost optimization and control as needed
Develop cost management processes, methodologies, and best practices to improve cost performance and efficiency across the organization. Monitors and validates subcontractor timesheets and expenses
Manage the creation of cashflows and “Estimated Final Costs” for large capital projects
Prepare Reconciliation Assessment and Reconciliation Certificate
Finalize and sign off on progress reports and status of contracts
Review the billing schedule according to the workplan and provide recommendation
Ensure schedules for acquisition projects are prepared, monitored, and maintained
Review reports and supporting documentation for project approvals and contract awards
Prepare monthly accruals related to project-related contracts
Establish and provide analysis for Earned Value as required
Support in the analysis and the explanation of performance indicators to CA (Earned value, WIP, billing, accruals, ETC, forecast, etc.)
Support in the analysis of progress reports against budgeted expenditures and explanation of variances and recommendations to mitigate project risks
Assist in the preparation of project accrual reports and participates in Contract Administration department in the procedures related to the monthly closing activities.
Supports the analysis of work in progress (WIP) to ensure that all costs are invoiced in the correct period and that invoices are issued to client in accordance with the terms of the sales contract and the established methods (time and materials or flat rate)
Provide guidance and mentorship to junior cost analysts and assist project managers in identifying and tracking project costs, variances, and trends
Ensures compliance with client policies, internal procedures, and accounting standards
Office-based
Diploma or Bachelor’s degree in Business Administration, Accounting, Economics, or a related discipline

Licenses OR Certifications:
Has completed equivalent training or successfully passed designated proficiency testing in lieu of the above
Thorough knowledge of Contract Administration principles, methods, procedures, and practices, as well as project management methods and practices
In-depth understanding of Business Administration concepts with emphasis on scheduling principles combined with a good knowledge of budget and cost control concepts
Excellent competency in MRP systems including MAXIMO and EcoSys, WorkDay, is considered an asset
Demonstrated experience with systems including extensive relational database design concepts and spreadsheets to correlate operational and financial data (Sr Level)
Tailor technical information for different audiences through presentations, reports, and other means independently
Ability to arrange priorities and escalate competing risks to meet deadlines with minimum input from leadership
Excellent reading and language comprehension
Comtech Group Inc. is committed to providing accessible employment practices that comply with local legislative requirements. If you require accommodation during any stage of the recruitment process, please notify the People and Culture Team by emailing – career@teamcomtech.From working on challenging, world-class projects to professional development support and high-quality standards, there are many reasons to join Team Comtech.
If your agency would like to be considered as a recruiting vendor, please contact our Director, Project Resourcing, via email and include information about your firm as well as a primary point of contact.
Third-party vendors must have a vendor agreement fully signed and executed by the Director, Project Resourcing in order to submit or receive payment for any resumes, candidate profiles, or placements with Comtech Group.

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