Financial Analyst Ii
1 week ago
Position Scope:
The Financial Analyst is responsible for monitoring, reporting, and analyzing project revenue and costs. They will work closely with operations to communicate site performance to upper management and help drive site profitability. This position manages monthly, quarterly, and annual variance analysis, performs site forecasting / budgeting, coordinates with auditors, prepares working papers for internal and external reporting requirements and assists in ad-hoc projects as required.
This position performs job setup, control, and maintenance activities, as well as month end activities which includes revenue recognition on forecasted jobs. They work closely with internal departments to ensure all daily accounting activities are in compliance with United States Generally Accepted Accounting Principles (“US GAAP”), internal controls, policies, and procedures. NACG is a CPA Alberta Pre-Approved Program for practical experience.
**Responsibilities**:
**Variance Analysis, Forecasting, Budgeting, Commentary**
- Act as the central liaison between the corporate accounting team and the operations team by aligning with operations managers and project managers.
- Assist site personnel as needed to deliver quality and reliable financial support, analysis and reporting.
- Develop financial models to provide more visibility and transparency into site costs and margins, prepare performance reports, identify and provide commentary on key performance indicators.
**Month-end, Quarter-end and Audit Requirements**
- Work closely with project management, corporate, procurement, payroll, accounts receivable and accounts payable to ensure accurate and consistent financial reporting, cost capture, revenue recognition and project billing.
- Oversee project and equipment results to ensure the capture of financial information in accordance with US GAAP and internal policies and procedures.
- Complete audit and review analysis and working papers for internal stakeholders and external auditors.
- Maintain continuities of approved contractual values and ensure that revenue is recognized in compliance with contractual documentation, the new revenue recognition standard (ASC 606) and internal revenue recognition policies.
- Identify areas of inefficiencies in monthly, quarterly and annual processes and offer solutions to improve efficiencies.
**Reporting, Documentation & Internal Controls**
- Create new, user-friendly reporting incorporating visuals, such as graphs and waterfall charting.
- Participate in maintenance of the financial reporting systems, including developing and improving upon custom financial reporting.
- Contribute towards the development and maintenance of internal controls processes affecting operational finance.
- Maintain proper training documentation, and cross train with members of the department to provide vacation coverage.
**Other Financial or Special Projects**
- Provide ad-hoc financial analysis, modelling, reporting as needed to support business decisions.
- Perform site visits to establish and build relationships with the operational team.
- Build and maintain effective working relationships with operational stakeholders, internal and external stakeholders and team members.
Qualifications:
- Related Bachelors degree or equivalent experience related to financial accounting.
- CPA designation or enrollment in CPA Professional Education Program required.
- Three years’ experience related to financial accounting or project accounting.
- Construction and/or mining accounting experience preferred.
- Excellent written and verbal communication skills.
- Self-starter with excellent interpersonal communication and problem-solving skills.
- Solid understanding of revenue recognition.
- Strong analytical and organizational skills.
- High attention to detail.
- Proficient with Microsoft Excel.
- Mature attitude and ability to deal effectively in a team environment.
- Ability to read and interpret contract information and financial results.
- Experience with JD Edwards is considered an asset.
Summary:
- Be proficient in English, both verbally and written
- Have experience as requested in the job description above
- Undergo and successfully pass the following pre-employment testing:
- Breath Alcohol Test
- Urine Drug Test
- The Rewards of our positions include: competitive compensation and benefits packages and excellent career growth prospects._
- To explore this opportunity, please submit a resume of your experience and accomplishments in confidence._
- Recruitment Agencies will be reached out to directly, if assistance is required. Please do not reach out directly._
Overview:
North American Construction Group (NACG) has served as an industry leader in the heavy construction and mining industries for over 65 years. In that time, we’ve proven ourselves as a safe and reliable contractor who can complete projects of any size and scope. We’ve also taken a number of bold steps forward to broade
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