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Construction Project Accountant

2 months ago

Cambridge, Ontario, Canada Alltrade Industrial Contractors Full time

About Alltrade Industrial Contractors:

We are a leading Design-Builder of Energy and Industrial Projects, committed to delivering outstanding customer service and skilled workmanship. Our company values center around our commitment to our customers, our people, and our community. We combine best practices and innovative thinking to provide our customers with the best overall value.

Job Summary:

The Project Accountant will play a critical role in managing financial transactions, analyzing financial data, and ensuring accurate and timely reporting on multiple large-scale construction projects. This position requires direct experience and education in construction and accounting, strong analytical skills, and excellent attention to detail.

Key Responsibilities:

  • Perform account analysis and reconciliations to ensure financial accuracy and compliance.
  • Conduct financial audits to identify areas for improvement and ensure regulatory compliance.
  • Collaborate with Project Managers to track project costs and budget variances, providing actionable insights to inform decision-making.
  • Assist in the preparation, setup, and maintenance of project budgets, ensuring accurate forecasting and financial planning.
  • Provide analytics of the financial status of construction projects, identifying trends and areas for improvement.
  • Prepare and review financial reports for respective projects, ensuring timely and accurate delivery.
  • Identify and monitor project revenue/cost variances, taking proactive measures to mitigate risks.
  • Track and review project Contemplated Change Notices, Change Directives, Change Orders, status, and payment, ensuring compliance with contractual obligations.
  • Ensure a steady cash flow by generating, auditing, and sending invoices to clients per their contract schedule.
  • Monitor job performance, provide feedback, and work with Project Managers/Project Coordinators in taking corrective action to ensure project success.
  • Read and understand project-related contracts to ensure project setup procedures and invoicing are aligned with contract terms and conditions.

Requirements:

  • Bachelor's degree in accounting or finance is an asset.
  • 5+ years of relevant experience in project accounting in the construction industry is required.
  • Strong financial management acumen, including advanced knowledge of accounting procedures and protocols, budget administration, financial forecasting, analysis, and reporting.
  • Proven high degree of accuracy, effective time management, strong organizational skills.
  • Relevant understanding of construction management principles and processes.
  • Strong skills in MS Office (Word, Excel, Outlook).
  • Strong skills in Box, Jonas Construction (an asset) or other ERP experience.
  • Ability to multi-task, prioritize activities, and work under pressure.
  • Results-oriented and ability to take initiative.