Project Accountant

6 days ago

Fort McMurray AB Canada ClearWater Full time $80,000 - $120,000 per year
Company Description

ClearWater Energy Services is a leading service provider in Canada's energy and industrial markets offering full asset life cycle support, including construction, and maintenance. Committed to safety and quality, we foster a workplace culture that values innovation and sustainability. With a strong local presence and top-tier talent, we deliver high-quality services as we help our customers bring their resources to our world. 

Job Description

What would you be doing?

  • Lead and coach a team of Financial Transaction Coordinators, ensuring timely time entry, client reporting, and billing processes. Drive the team to meet daily targets, as these processes impact Days Sales Outstanding (DSO).
  • Oversee month-end close activities for assigned districts, including capturing all time entries, processing A/R invoices, and creating accruals for the GL. Review GL and project transactions to ensure accuracy, investigating and resolving anomalies.
  • Prepare and present detailed variance analysis on revenue changes and margin drivers, providing insights into margin erosion and performance trends.
  • Facilitate weekly A/R and WIP aging meetings to address past-due transactions and invoices, develop plans to expedite invoicing, and manage holdbacks, ensuring timely releases. Escalate aging issues as needed to expedite payments.
  • Generate weekly and monthly reports on project performance, non-billable costs, and working capital aging. Collaborate with Operations for project setup, rate analysis, and customer requests, including audits and ad-hoc reporting.

Perks of the job

  • Competitive compensation.
  • Health coverage for you and your family.
  • RRSP matching.
  • Opportunity for internal development and growth.
Qualifications

Qualifications

  • Minimum of 5 years' experience in Project Accounting, preferably in the Oil & Gas industry, with expertise in forecasting, project profitability analysis, and handling customer audits.
  • Experience with client contracts, payment terms such as Time & Material or Cost Plus, burden reimbursement, and project cost control, including labor, materials, and services. Proficient in accounts payable/receivable processes, month's end and MS Excel.
  • Excellent analytical, written, and verbal communication skills, with a high level of accuracy and precision in repetitive tasks. Skilled in word processing and presentation tools.
  • Experienced team leader, collaborative, self-motivated, and highly organized, with the ability to operate efficiently under pressure while maintaining confidentiality.
  • University Degree in Accounting or Finance; pursuing or holding a CA, CMA, CGA, or CPA designation. Experience with IFS and a track record of supporting DSO improvement are assets.
Additional Information

As a condition of employment, qualified applicants who accept the role must complete a satisfactory pre-employment Background Check.    

Our Commitment to Our People  

When you join ClearWater, we make these promises:  

  • Your work will matter. The projects you'll help build will serve communities for generations.  
  • Your growth is our priority. We'll invest in your development and create paths for advancement.  
  • Your voice will be heard. Your experience and ideas will shape how we tackle challenges.  
  • Your team will support you. You'll work with people who want to see you succeed.  
  • Your ambition will be rewarded. As you grow, ClearWater grows – and we recognize those who help us build better.  

Transform yourself. Strengthen each other. Make a better world.  

Please click here to view our Recruitment Privacy Notice.

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