Remote Senior Payroll Accountant
3 weeks ago
WSP is currently seeking a Senior Project Accountant to join the finance team in support of the Transportation Systems Team in Canada. The Project Accountant provides support to Project Managers and is responsible for maintaining a portfolio of projects through the project life cycle. Reporting to the Business Unit Controller, the role of the Project Accountant is to provide knowledge and understanding of contracts and agreements to ensure accurate, timely and complete information for all accounting activities from project set-up, cost recording, revenue recognition, project forecasting and project closure while leveraging the project management system to its fullest extent. Other requirements of the role include ensuring projects are properly setup to accurately reflect the contractual terms and as sold margins, participate in month end reviews, coordinate revenue adjustments as required and provide analysis on variances to Project Managers and the Business Line Controller.
We value and are committed to upholding a culture of Inclusion and Belonging
Our Flexible Work Policy – we recognize the importance of balance in our lives and encourage you to prioritize the balance in yours. We will support you on and off the job so you can be fully present in both your work and home lives.
Enhance the world around you - from the environment to the highways, to the buildings and the terrain, WSP is the fabric of Canada.
We offer attractive pay, flexible work options, a great corporate culture, comprehensive and employee-focused benefits including virtual healthcare and a wellness platform as well as great savings programs, and a clear vision for the future.
#Provide support and oversight on a portfolio of projects with multiple PMs across business units.
Attend regular meetings with Project Delivery Team on the financial status of projects.
Lead the financial review for projects to ensure compliance with accounting standards and corporate policies.
Assist PM’s through the financial lifecycle of a project (i.e. setup, monitoring, updating and closure).
Accurately reflect a projects’ financial status by ensuring timely recording of all cost and revenue transactions.
Ensure project is setup and updated accurately and mirrors the as-sold price, cost and margin of the contract, and that addendums/change orders and PO’s support the contract value loaded in the system
Work with the Project Delivery Team to ensure timely project reviews are performed, ETCs and EACs prepared and updated and any financial issues related to earnings, cash-flow, and reporting are addressed.
Assess project financial risks and assist in updating the project risk register and revenue adjustment forms as needed.
Train and educate project delivery team on the use of project analysis tools, dashboards, Oracle, etc.
Possesses in-depth knowledge of the company’s revenue and costing methodologies and provides expertise to the Project Delivery Team.
Assist with external and internal project audit requirements.
Understand commercial, billing and payment terms on the project and act as a liaison with the Billing team to ensure invoices are prepared and sent to the client in a timely manner.
Assist Controller with project related reserves as required (i.e. Estimate at Completion adjustments, Accounts Receivable, Work in Progress, Legal claims) and proformas.
Coordinate with Controller in maintaining the Risk and Opportunities log.
Bachelor's degree in administration or accounting
~6 to 10 years of experience in project accounting, in financial and operational management;
~ Knowledge of the professional services industry, project-based accounting and ERP systems;
~ Ability to work with remote teams and the ability to coordinate and prioritize multiple tasks simultaneously under tight deadlines;
~ Excellent command of Microsoft Windows tools;
~ Excellent knowledge of spoken and written English; French an asset
~ Knowledge of Oracle would be an asset.
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