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Contract Accountant

2 months ago

Cambridge, Ontario, Canada Aecon Full time

About Aecon

Aecon is a leading Canadian infrastructure development company that builds what matters for future generations to thrive. We lead some of the most impactful infrastructure projects of our generation, at the forefront of transformational change in transportation and energy, and partnering every day to build, connect, power, and strengthen our communities.

Our Core Values

  • Safety First. Our number one core value. If we can't do it safely, we don't do it at all.
  • Integrity. We lead by example, with humility and courage.
  • Accountability. We're passionate about delivering on our commitments.
  • Inclusion. We provide equitable opportunities for everyone.

About the Role

We are seeking a highly skilled Project Accountant to join our team. As a Project Accountant, you will be responsible for ensuring proper billing, tracking, analysis, and forecasting of project costs and providing job costing information to project management.

Key Responsibilities

  • Work with Project or Operations Management team to identify and forecast financial exposures
  • Work with project staff along with accounts receivable, accounts payable, purchasing, estimating and Business Unit finance department to prepare financial reports
  • Review cost reports to verify that budgets, planned and actual costs, Estimated Costs at Completion (ECAC), contracts and subcontracts have all been properly tracked
  • Review all standard costs and reconcile/analyze monthly variances
  • Track, monitor, and analyze productivity data
  • Participate in the preparation of quarterly forecasts/ annual Business Plans/ Budgets for the project
  • Prepare and enter month end entries such as subcontract accruals and cost transfers
  • Review and issue monthly project cost reports that include forecasted costs and total monthly variance to plan
  • Work closely with Project Manager in preparing monthly progress invoices to Owner/Consultant for work performed during the month
  • Perform activities to support ensuring contract is fully invoiced, complete with associated contract documentation
  • Main point of contact for client audits
  • Monitor and analyze subcontract costs
  • Enter client billings into the applicable system

Requirements

  • Bachelor's degree in Finance, Economics, or Accounting
  • Experience & Designation based on level
  • 3+ years of experience, pursuing CPA designation or equivalent is valued
  • Experience in construction or related industry is preferred
  • Experience with SAP, BPC and Business Objects is valued
  • Progressive experience that indicates strong analytical and problem-solving skills
  • Ability to influence without specific authority
  • Excellent verbal and written communication skills
  • Ability to balance and prioritize multiple priorities in a dynamic environment
  • Strong ability to think creatively, challenge the status quo, deal with ambiguity
  • History of strong personal performance and value add to the business
  • Demonstrated success working with internal/ external stakeholders
  • Strong financial acumen and relevant financial skills, including quantitative problem solving
  • Broad business knowledge, end-to-end thinking, and organizational awareness