Project Accounting Manager
7 days ago
Holt Renfrew is seeking a highly skilled Project Accounting Manager to join our Finance team. As a key member of our organization, you will be responsible for monitoring and reporting on capital projects, leases, and occupancy costs.
Key Responsibilities- Manage the daily function for the proper tracking and accounting for projects
- Establish and maintain document controls for each project, including project creation, monitoring, and closing
- Review and approve all project purchase orders, invoices, cheque requisitions, budget transfers/supplements requested
- Provide forecasts for all major projects and other ad-hoc reporting
- Ensure all project documentation and approvals are in place as per policies and procedures for each project
- Provide management and support to the project team
- Assess capital versus operating expense treatment
- Ensure projects are accounted for in accordance with IFRS
- Manage month-end close process as it relates to projects, fixed assets (e.g. project accruals, asset additions/write-offs, reclasses) and occupancy costs. This includes balance sheet and P&L account reconciliations and fixed asset continuity schedules.
- Ensure occupancy-related payments for both Retail and Properties legal entities are made in a timely fashion
- Prepare budgets and forecasts for occupancy-related expenses, capital investments, and the Properties entity
- Review, manage, and report on vendor reconciliations
- Review and manage asset additions, write-offs, and transfers during the period
- Maintain project risk and exposures tracking systems
- Ensure accuracy of the cost tracking systems and protocols including change order summary reports
- Effectively partner with budget owners and other stakeholders to identify project exposures (cost/schedule) early, provide recommendations to management for mitigation and track and report on progress to successful completion
- Manage expenses within approved budget and achieve all expense management targets
- Manage a team of 3-5 people
- Comply with all Health & Safety policies and requirements
- Lead, motivate, and retain a team of high-performing employees that is capable of delivering results
- Post-secondary degree in a related field
- Accounting designation with technical IFRS acumen
- 5-8 years of post-university work experience, including 3+ years supervisory or management experience
- Experience with SAP, including the Projects module is beneficial
- Demonstrated leadership and influencing skills with the ability to get things done
- Excellent interpersonal skills; a team player who is able to act as both a leader and an individual contributor as required
- Confident and effective communication (written & verbal) and interpersonal skills
- Is adaptable and comfortable with ambiguity and change
- Highly service-oriented with exceptional organizational and follow-up skills
- Passionate about fashion and luxury retailing
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
- Contribution to financial objectives
- Individual objectives linked to the achievement of department goals
- Feedback from internal and external clients
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