Project Accounting Administrator

Powertech Labs Inc, BC Hydro's subsidiary that specializes in energy research, consulting, testing, and systems integration, has been serving power utilities, oil and gas companies, automotive, and electrical utility equipment manufacturers since 1989. We operate as a separate, unregulated, for profit, commercial company. In addition to providing innovative R&D, consulting, and testing services to BC Hydro, Powertech provides most of its services to a large and diverse suite of clients across North America, and around the world. Powertech is located on an 11-acre campus in Surrey, British Columbia and has 200+ employees. Our reach and reputation are global, and we are recognized as a leader in technology, testing, and power systems software. Our location places us close to BC Hydro, 25 kilometers from the US border, and at a gateway between Asian and North American markets. Finally, we are located in one of the most desirable locations on the globe, with all the natural beauty of British Columbia on our doorstep. We call this home.

Powertech’s brand and reputation command a dominant position in the power industry. To better serve our clients, we group our services under six market-oriented sectors: Generation, Transmission and Distribution, Substations, Power Systems, Grid Modernization and Advanced Transportation. Powertech’s competitive advantage is enhanced through close collaboration between all sectors.

The company's staff consists of professional engineers, scientists, technologists, and technicians from a wide range of disciplines, as well as a wide range of professionals within the central Corporate functions. These highly skilled individuals have access to 21 well-equipped, specialized laboratories. Together, our resources allow us to offer a range of forward-looking technology services to help clients advance technology, solve complex problems, and maximize asset performance.

We are a customer-focused organization here to ensure our customers have high confidence in our services. To this end, we attract and hire the best resources, are highly responsive and constantly strive to improve the quality and value of our services.

Provides project accounting support by: maintaining timely and accurate project records; preparing custom reports on status of projects and issue bills to clients in accordance with contracts; granting credit and collects overdue accounts; providing training and user support for the system; and conducting system testing and making recommendations for system modifications.

**Major Responsibilities and Duties**:

- Controls the project accounting and billing system by assisting project leaders to establish and organize large project accounts by: reviewing and interpreting contracts; investigating and obtaining explanations of discrepancies in the accounting records and performing associated accounting procedures to correct discrepancies; providing explanations, guidance to project leaders related to project accounting system to insure accurate financial records are maintained; and providing user support for the system by operating a project accounting helpline.
- Maintains the project accounting and billing system by: controlling and entering associated charges, costs and fees; providing accurate and up to date information regarding status of projects; preparing accounting entries for foreign exchange on US and international clients; and identifying and implementing adjustments to ensure corporate financial statements are correct.
- Prepares and produces invoices for Powertech clients and investigates and resolves internal and external complaints/enquiries related to Powertech billings and other related accounting records. Liaises with technical staff to ascertain billing and related information within specified deadlines.
- Prepares and submits custom financial reports regarding status of projects to clients and project leaders.
- Maintains the accounts receivable and cash receipts system by: posting and tracking hold-backs, unearned revenue, royalties payable and sundry income; and monitoring and reconciling associated general ledger accounts and bank reconciliations.
- Collects overdue receivables by: reviewing to determine reasons for non-payment; liaising with client to persuade them to pay in a timely manner and determining required action to collect past due accounts; and determining levels of credit for clients and monitoring individual credit limits by gathering information relevant to customers credit worthiness and relaying information to staff.
- Recommends revisions and modifications for the project accounting system to the system Programmer. Performs system testing and provides system training to technical staff on system operation.
- Performs duties of a minor nature related to the above duties that do not affect the rating of the job.

**Qualifications**:
Powertech has a COVID-19 Vaccination Policy that requires employees to have a full series of COVID-19