Financial Coordinator

4 weeks ago


Burlington, Canada Alberici Constructors, LTD Canada Full time

The Financial Coordinator is responsible for job cost records and maintenance of budget information of ongoing construction projects.

**Essential Duties and Responsibilities** include the following, however, other duties may be assigned to perform this role successfully, and an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Daily spreads original estimate, approved/pending change orders, billings and pending money onto estimate sheets and into various categories such as pay item, cost code, description, insurance code, man-hours, quantity, unit of measure, labour, IT&F, material, equipment rental, subcontractors, etc. into CMS.
- Enters cost code numbers to new and open project estimates utilizing the established standard codes and miscellaneous codes upon receipt of approval, while ensuring accuracy.
- Reviews, prepares, maintains ‘over/under’ report comparing project estimate spreads to project awards and to correct omission errors, to determine items that require spreading and to remind the Project Manager(s) of purchase/change orders still required.
- Processes information from field personnel / Supervisor, updating the labor productivity reports, project labor percentages of completion and quantities, and the expense or projected cost compared to estimate.
- Meets with Financial Manager, Estimator and Project Manager prior to start of each new project to review estimate, job set up and determine the best cost coding system to be used based on how the project is to be constructed and what items are critical for cost tracking.
- Reviews, interprets and analyzes expense or projected cost reports and adjusts or coordinates corrections, as necessary.
- Corrects miscoded time sheets that the Payroll Department cannot enter into CMS and sets up new cost codes in project where necessary.
- Prepares journal entries as necessary to make corrections to job costs etc.
- Provides cost information on projects as required.
- Obtains labour rate breakdowns from Estimators or Project Manager(s) and uses to spread T&M invoices.
- Prepares approved change orders, pending change orders and labour update reports and job cost reports.
- Ensures contracts are fully invoiced per contract requirements and ensures all required paperwork is provided to the client, while meeting monthly deadlines.
- Follows up on A/R outstanding balances and attends A/R meetings.
- Follows up on outstanding/open purchase orders.
- Prepares approved change orders, pending change orders and labour update reports and job cost reports.
- Prepare monthly financial reports for assigned projects.
- Maintains contract status reports.
- Enters weekly quantity, labour and other percentage updates.
- Participates and contributes in post job analysis / lessons learned sessions.
- Maintains all required paperwork for audit purposes.
- Weekly / monthly visits to site locations.

**Education, Experience, and Skills**

Post secondary school education in **Accounting** plus a minimum of** three** years related experience, or equivalent combination of education and experience.

**Certificates, Licenses, Registrations**
Pursuing CPA designation is an asset.

***Alberici is an equal opportunity employer. Accommodations for applicants will be made upon request throughout the recruitment process


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