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Senior Project Accountant for Major Initiatives

2 months ago

Edmonton, Alberta, Canada Valard Full time

Valard, recognized as Canada's leading utility contractor and part of the Quanta Group, the largest electrical power contractor in North America, offers comprehensive services in transmission, distribution, substations, foundations, telecommunications, and renewable energy.

We are currently seeking a Project Accountant – Major Projects to join our Edmonton office, reporting directly to the Project Controller.

As a Project Accountant - Major Projects, you will play a crucial role in the success of our significant projects by supporting operational functions. Your primary responsibilities will include:

Key Responsibilities

  • Oversee and implement the initiation of new projects.
  • Manage all accounting-related activities efficiently.
  • Prepare client invoices and monitor billing processes.
  • Maintain and oversee project budgets diligently.
  • Identify and rectify cost coding discrepancies.
  • Review and manage contracts with subcontractors effectively.
  • Handle and process accruals for project expenditures.
  • Document financial transactions through journal entries accurately.
  • Reconcile project costs to ensure precision.
  • Assist in processing change orders as needed.
  • Compile and organize data for both internal and external audits.
  • Support the Project Controller in the weekly, monthly, and quarterly review of project costs.
  • Contribute to the analysis of project profitability and performance metrics.
  • Engage in financial forecasting activities.
  • Participate in special projects and utilize Excel for various analyses.
  • Provide oversight for Accounts Payable and Accounts Receivable functions as required.
  • Manage the closeout procedures for completed projects.
  • Ensure compliance with established systems and processes.
  • Coordinate and lead month-end cost accrual meetings with project managers, buyers, and receivers to gather and input cost accrual data.

Qualifications

Education and Experience

  • Diploma or Bachelor's degree in Finance, Accounting, or Business Administration.
  • A background in construction is preferred and considered an asset.
  • 3-5 years of relevant professional experience.
  • Proficiency in Excel is essential.
  • Experience with JD Edwards or SAP is advantageous.
  • A background in cost control or project control is also beneficial.

Knowledge, Skills, and Abilities:

  • Detail-oriented with strong problem-solving skills.
  • Exhibits a positive attitude with a focus on teamwork and collaboration.
  • Capable of performing effectively under pressure while managing multiple tasks and meeting deadlines.
  • Possesses excellent organizational skills and time management abilities.
  • Able to work well in a team environment while also demonstrating independence and self-motivation.
  • Displays reliability, enthusiasm, and passion for job responsibilities.
  • Maintains discretion and confidentiality in handling sensitive information.
  • Demonstrates a strong work ethic, committed to achieving objectives and delivering high-quality results.
  • Solid understanding of accrual-based accounting principles.
  • Effective communication skills, capable of working independently or collaboratively as part of a team.

Benefits