Project Accountant

Overview

Manages project billing, invoicing, and financial controls for construction projects.

Key Responsibilities

• billing audits
• cost reporting
• payment processing
• subcontract invoicing
• billing templates
• financial risk

Tasks

-Prepare billing audits on cost plus projects to ensure costs are accurately captured -Identify areas of the billing which can be used to maximize recoverable allowances -Travel to site for or attend virtual big room meetings with clients and partners -Review cost report and monthly project status report for accuracy and identify large discrepancies in budget v. actuals ahead of forecasting and assist project team with forecasting prep -Ensure project compliance with Prompt Payment legislation, coordinating with the Project Manager and Accounts Payable team to ensure all subtrades are paid on time -Track builders’ lien rights on projects ensuring the period does not pass prior to payment being received, escalate as needed to the District Manager and Controller -Manage pay when paid payment terms by directing the Accounts Payable team to make subcontractor payments, upon receipt of payment from the customer -Manage financial risk by overseeing the payment controls of subcontract payments (WCB, insurance, contracts, bonds, pay when/if paid terms). -Complete job cost adjustments as needed to correct billing issues and align with contract requirements -Assist with the setup of JV projects -Oversee the preparation of weekly payment files for processing -Oversee managing all trade discounts to ensure they are processed accurately and in a timely manner -Review contracts and attend project startup meetings to gain a thorough understanding of the billing setup on the project -Follow up on overdue billings bringing to the attention of the Project Director and working with them to prepare interest invoices as needed -Prepare monthly project billings and meet with the Project Manager to review issues identified -Prepare monthly accruals, reviewing invoices with Project Managers for accuracy and following up on changes that are needed -Work closely with the Accounts Payable team to ensure costs are entered and approved in a timely manner -Set up project billing templates in accordance with the contract to ensure that all recoverable costs are accurately captured within the billing -Oversee all subcontractor invoices, ensuring compliance to contract terms and conditions -Monitor and ensure compliance with Chandos processes/policies.

Requirements

• accounts payable
• excel
• diploma
• business finance
• construction
• 5+ years

What You Bring

-5+ years of experience in Accounts Payable or Accounts Receivable -Experience in the construction industry is an asset -Ability to mentor members on the billing and AP teams and be the main resource for the billing team with complex IPD and CM projects -4 year university degree in Business/Finance in progress or completed is an asset -Computer literate, with effective working skills in Microsoft Word, Excel and Outlook. -Diploma in Accounting

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Benefits

-RRSP matching program to aid and prepare employees for long-term financial security -Well rounded employer paid benefits program including health, dental, vision care and employee assistance program -Leadership conferences that allow employees to connect and collaborate -Competitive wages -Educational assistance for employees who wish to pursue job-performance enhancing education -Regular company-wide engagement opportunities -Recognition and annual salary reviews program -We are 100% employee owned. Every person who works for Chandos can become an owner. There is only one class of units at Chandos, because we believe everyone should be treated equal. We talk about being an entrepreneurial-minded organization and you can be sure we mean it!

About Chandos Construction

-Founded with a vision to transform the construction industry, Chandos Construction has grown into a leading player in the sector. -The company operates across a wide range of projects, from residential developments to large-scale commercial builds. -Chandos is recognized for its expertise in sustainable building practices and innovative construction solutions. -The company has developed a reputation for delivering projects on time and within budget, with a focus on quality craftsmanship. -Chandos' portfolio includes landmark projects in various sectors, including education, healthcare, and retail. -Known for its commitment to client satisfaction, Chandos Construction fosters long-term relationships with partners and clients. -Its collaborative approach and hands-on management style have set it apart from other industry players.

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