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Project Accounting Specialist

2 months ago

Winnipeg, Manitoba, Canada Manitoba Hydro Full time
Job Summary

We are seeking a highly skilled Project Accounting Analyst to join our Project Services department at Manitoba Hydro. As a key member of our team, you will be responsible for providing financial support on various construction projects managed by the Project Management Division.

Key Responsibilities:
  • Monitor and control expenditures, reviewing and processing invoices and progress statements to ensure accuracy and compliance.
  • Provide financial analysis and recommendations to Project Managers, ensuring timely and effective decision-making.
  • Prepare and review financial reports, including service entries, goods receipts, and cheque requisitions, to facilitate payment of invoices and progress statements.
  • Collaborate with the Generation Projects Financial Services Lead and Support Analyst to monitor financial transactions, work with SAP cost reports, and process/park journal entries.
  • Prepare monthly actual cost confirmation reports for Project Managers, monitoring their status and responding to related inquiries/requests for additional information or analysis.
  • Establish holdbacks to reflect liabilities as required and monitor invoice, progress statement, and cheque requisition payments sent to Accounts Payable section to ensure supplier cheque receipt.
  • Provide training and guidance on the use of SAP for purchase requisition, service entries, and project expenditure reports.
  • Respond to internal and external customer inquiries with respect to contract progress claims, back-up verification, and payments.
  • Maintain ongoing contact and working relationships with Supply Chain Management, project site staff, consultants, Accounts Payable, and suppliers/contractors to expedite solutions to problems and respond to telephone and written inquiries related to the status of progress claims/payments.
  • Assist with planning, controlling, and coordinating project budgets.
Requirements:
  • Certificate in Accounting plus three years directly related experience of which two must be in a project related role.
  • OR Two-year Diploma Majoring in Accounting plus two years directly related experience of which one must be in a project related role.
  • OR Four-year Degree Majoring in Accounting plus less than one year directly related experience of which must be in a project related role.
  • Work experience in project environment and general knowledge of project management systems and principles is required.
  • Demonstrated good knowledge of Microsoft applications especially Excel.
  • Demonstrated understanding of cost accounting principles and practices and of the Corporations procedures, policies, and regulations.
  • Ability to plan, organize, and control activities of various concurrent work assignments within the area of responsibility.
  • Demonstrated strong interpersonal skills with the ability to establish and maintain harmonious working relationships and interact effectively with division staff at all levels.
  • Demonstrated ability to use the SAP PS, MM and CO modules for investigation and extraction of cost and resource data related to capital projects.
  • Demonstrated ability to use Finance Centre for operating budget preparation and cost control.
  • Must be prepared to travel to remote areas and work outside of normal business hours.
  • Possess a valid Province of Manitoba Driver's Licence.