Project Accountant | Construction

Description

• Identify and track financial issues on behalf of the company.
• Exercises independent judgment, maintains confidentiality, and uses discretion in identifying problems and recommending resolutions.
• Coordinate and communicate with customers and vendors concerning accounts payable and accounts receivable issues.
• Prepare cash position reports, assess potential risks and/or profitability related to net assets, liabilities, and unfunded work in place, and communicate findings to management and project teams.
• Comply with local and Canadian tax requirements, processing transactions accordingly.
• Participate in and manage the monthly close process, ensuring all client bills and project costs are posted or accrued if work is in place and of material value, adhering to the company calendar.
• Participate in the project financial closeout process, ensuring final contract amounts and closeout documentation requirements have been met and agreed to by subcontractors prior to issuing final payments.
• Responsible for processing assets, insurance, rentals, and tax requirements related to projects. Update monthly project assets and rentals for insurance documentation with the project team.
• Regularly audit client billing and project ledger, ensuring both meet contract requirements, accounting standards (including GAAP), and company policy.
• Set up, lead, oversee, and implement procedures to ensure client contractual requirements are met regarding billing and accounts receivable. Conduct client contract analysis to determine billing deadlines, payment terms, billable and non reimbursable expenses, agreements for insurance and fee billings, along with approved billing rates for staff and/or trade labor.
• Prepare bank, balance sheet, and miscellaneous reconciliations.
• Must follow established procedures and execute directions to completion without the need for follow-up by management.
• Community & Citizenship Committee: Come join our C&C Committee to get involved in facilitating and coordinating various community-oriented initiatives and projects that align with the company's values and objectives. This committee brings Turner and the community together by fostering positive relationships and creating a sense of social responsibility among employees.
• Assist with the setup of financial administration, general conditions budgeting, and certain tax reporting for projects.
• Assist in preparation of financial statements, financial reports, special analyses, and information reports for profit centers and projects.
• Manage accounts payable for vendor and subcontractor invoice processing. Ensure accounts are up to date for assigned projects, proper sales and use tax are accounted for, all applicable lien waivers are submitted, and contracts and insurance requirements are in place prior to scheduling payments. Report subcontractor payment issues to the project team as needed.
• Assist and comply with all internal and external audit requests.

Requirements

• Bachelor’s Degree in Accounting, Finance, or a related field (or corresponding international degree) from an accredited and credentialed program, with 3 years of related experience, or an equivalent combination of education, training, and/or experience.
• Able to work independently and collaboratively within a team environments.
• Ability to perform cost analysis procedures.
• Understanding of accounting implications of various contract terms related to profitability and risk management.
• Professional proficiency in English with excellent oral and written communication skills.
• Knowledgeable of cash flow principles and procedures.
• Excellent working knowledge of accounting principles, including GAAP and IFRS, to ensure timely and accurate reporting.
• High degree of organizational skills with exceptional attention to detail.
• Must be a self-starter, adaptable, and flexible, capable of operating with minimal direction and little or no supervision in a complex and changing environment.
• Experience in the construction industry is highly preferred.
• Strong proficiency with financial system applications and MS Office, specifically Excel and Word.

Benefits

• Social Committee: Opportunity to get involved with social committee that focuses on organizing and managing social and recreational activities for employees. This committee plays a significant role in enhancing the workplace environment and improves overall employee morale. It creates a positive and engaging workplace atmosphere.

Training + Development

Interview process

Visa Sponsorship

Security clearance