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Senior Project Accountant

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.

Valard Construction LP is seeking to fill the role of Project Accountant – Major Projects. This position reports to the Project Controller and is based in our Edmonton office.

As a Project Accountant – Major Projects, you will play a vital role in ensuring the success of significant projects through operational support. Your primary responsibility will involve delivering accounting functions and managing operational cost control for designated projects. You will engage in the complete project life-cycle cost management of major projects, which includes but is not limited to:

Key Responsibilities

  • Oversee and implement the initiation of new projects.
  • Handle all account-related tasks efficiently.
  • Prepare client invoices and monitor billing processes.
  • Maintain and supervise project budgets diligently.
  • Identify and rectify cost coding discrepancies.
  • Administer and verify contracts with subcontractors.
  • Manage and process accruals for project expenses.
  • Document financial transactions through journal entries.
  • Reconcile project costs to ensure precision.
  • Assist in processing change orders effectively.
  • Gather and organize information for internal and external audits.
  • Support the Project Controller in reviewing and closing project costs on a weekly, monthly, and quarterly basis.
  • Contribute to the analysis of project profitability and performance metrics.
  • Participate in financial forecasting activities.
  • Engage in special projects and utilize Excel for various analyses.
  • Provide assistance and oversight for Accounts Payable and Accounts Receivable functions as required.
  • Manage the project closeout process for completed projects.
  • Ensure compliance with established systems and processes.
  • Facilitate month-end cost accrual meetings with project managers, buyers, and receivers to collect 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.
  • Able to perform effectively under pressure, managing multiple tasks while meeting tight deadlines.
  • Possesses excellent organizational skills and time management capabilities.
  • Demonstrates the ability to work well in a team environment while also being self-motivated and independent.
  • Shows reliability, enthusiasm, and passion for job responsibilities.
  • Maintains a high level of discretion and confidentiality when handling sensitive information.
  • Demonstrates a strong work ethic, committed to achieving objectives and delivering high-quality results.
  • Excellent understanding of accrual-based accounting principles.
  • Strong communication skills, capable of working independently or collaboratively within a team.

Benefits