We are seeking an experienced Project Accountant in our Canadian Buildings Division – Toronto district in Oakville, Ontario . Reporting directly to the District Accounting Manager, the responsibilities will include performing general accounting and administrative functions to meet operational and contractual requirements that support the on-going and effective management of various construction projects.
Responsibilities: Reads and understands project related owner contracts and subcontractor documentation to ensure project set up procedures are aligned with contract terms and conditions. Ensures all required documentation including insurance, bonding, sub guard, WSIB and stat declarations are received and in place prior to the commencement of work Collects, reconciles, seeks approval and processes through business systems all project related subcontractor payments, general expenditures, internal payroll costing allocations and all other financial transactions in a timely and accurate manner in order to meet all contract payment terms Assembles client billing packages in accordance with approval procedures and processes through business systems to ensure client is in receipt of billings on a timely basis and payments are received as per contract terms and conditions Reviews and analyzes monthly contract reports to ensure accuracy of cash flow, fee reconciliation and ledger balance. Subsequently follows up with project management staff and Accounting Manager on any irregularities or risk exposure Effectively communicates with project management staff, owners, subcontractors and support staff to resolve problematic issues to achieve an environment that supports a cohesive team approach. Other duties as required
Qualifications: 3 year College Diploma in Accounting or Business Administration Minimum of one year experience in a similar role Active pursuit of an accounting designation is considered an asset Strong organizational skills Extremely detail oriented Highly accurate in preparing and entering financial information Knowledge of accounts payable and accounts receivable Understanding of basic accounting principles, including maintenance of ledgers, cash flows, budgeting and forecasting Excellent team player Experience working with systems such as Enterprise One is an asset Working knowledge in Microsoft Office programs such as Excel, Word and Outlook