Project Controller

7 months ago

Edmonton, Canada Valard Group of Companies Full time

Valard, is Canada’s premier utility contractor, as well as head of the Valard Group of Companies AND part of the Quanta Group, the largest electrical power contractor in North America. Valard has full-service capabilities for transmission, distribution, substations, foundations, telecommunications, and renewable energy.

Valard Construction LP is looking to fill the position of a Project Controller. This position is based out of our Edmonton office, the Project Controller will work closely supporting the Finance, Operations, and Executive teams on major projects across Valard. The Project Controller will lead the cost control & operational finance function on major project(s) as designated. Valard has an extensive backlog of upcoming high profile upcoming major projects. You will be a key member of the team that successfully executes this challenging backlog. This is a high profile, high visibility position where senior leadership from both Quanta Services and Valard will rely on this individual for accurate and timely project accounting and reporting for the duration of the project(s).

**Requirements**:
**KEY (CORE) DUTIES AND RESPONSIBILITIES**:

- Full Cost Control Lifecycle Management
- Oversee and identify project variances and report to management recommended actions, i.e.: margin adjustments, change order requests, claims development.
- Facilitate & Drive Cost Review Meetings (Weekly/Monthly/Quarterly)
- Maintain current and forecasted cash flow data compared to how the project was bid.
- Maintain change order and claims log and follow up regularly on the status.
- Prepare a detailed project forecast based on the WBS using a crew based approach in alignment with an earned value/CPI based approach.
- Prepare a monthly reporting package which details key financial KPI's, risks and opportunities to the current forecast, cash flow projections, etc.
- Support Project Director/Project manager in project financial management and divisional reporting.
- Contract Review & Application
- Margin Generators through problem solving and cost reduction measures
- Coordinate and Establish Rules of Credit. Involvement in customer invoicing per contract requirements and develop a good working relationship with your customer counterpart so you can ensure payments are made timely.
- Manage with treasury if applicable that all parent guarantees, performance bonds and L/C's are in place when required and cancelled or reduced as the project progresses and/or finishes.
- Monitor project accounting systems to ensure proper reporting, security and control.
- Special projects as required.

**First year success**

Establish Relationships and a plan to ensure world class mega-project cost control and accounting principles are in place.

**Leadership competencies**
- **Achiever**:Gets things done by setting clear expectations, promoting high levels of accountability, monitoring performance, and getting directly involved when needed to achieve desired business results; uses business and financial acumen to create value and drive profitability.
- **Evaluator**:Makes timely decisions and applies sound judgment to assess risks, evaluate alternatives and select the best course of action; uses a combination of analytical thinking, and experience to address complex or ambiguous issues.
- **Relater**:Purposefully builds positive working relationships internally at all levels as well as alliances and partnerships externally by fostering trust, collaboration and teamwork; demonstrates sensitivity and openness to others' views; uses EQ to adapt interpersonal style to relate well to others.

**Education and Experience**:

- Bachelor's Degree in a related discipline (Finance or Accounting).
- Bachelor’s Degree in Engineering or Construction Management may be considered.
- Strong project accounting experience including percentage of completion accounting.
- Minimum 5 years of direct experience leading the project accounting for large complex construction/EPC projects.
- Experience in tracking labor productivity and commodity reporting.
- Proficient in working working with subcontractors which may be intercompany or third party providers.

**KSA’S (KNOWLEDGE, SKILLS, AND ABILITIES, and PERSONAL ATTRIBUTES)**:

- Proven large project construction/EPC financial management experience including budgeting, forecasting, change management, reporting & analysis, cash flow development, revenue recognition and detailed WIP analysis
- Successful track record of operating in a multifunctional environment collaborating with project delivery functions (engineering, constructions, operations, supply chain management, etc.) to understand, analyse and document project scope and cost projections.
- Expertise in tracking daily and weekly physical progress and earned value calculations. Strong Microsoft Office skills particularly Excel as well as an aptitude for learning other specialized financial/project software packages.
- Good working knowledge of contr

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