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Project Accountant

Work Description:

 

The Project Accountant will participate in the overall delivery of the company’s financial plans and policies. This position will include tasks in accounts receivable, account payable, job costing, internal auditing, account reconciliation, general ledger maintenance and budgetary controls. 

 

Major Responsibilities:

 

  • Perform a range of administrative duties through all phases of our projects, from start-up through construction and close-out
  • Review field inspection reports from Consultants throughout the lifecycle of the project
  • Process monthly contract progress billings and revenue recognition based on subcontractor’s billing, material cost and labor cost)
  • Review monthly subcontract progress billings.  Ensure subcontract invoices match the project progress and required documentation is submitted prior to payment being released.  Follow-up on any differences.
  • Reconcile subcontractor accounts
  • Prepare payment plan bi weekly
  • Prepare Accounts receivable report by week and develop the collection plan with Project Manager.
  • Understand each job and its’ budget with respect to accounting and reporting for the job
  • Liaise with project managers to maintain monthly job cost reports
  • Send cost reports to PMs on a monthly basis for approval
  • Adjust cost forecasts per the project managers’ instructions.  Ensure that they make sense.
  • Prepare job cost analyses as required
  • Assist in preparation of year-end audit file
  • Maintain filing system

 

Qualifications:

 

  • CPA, CMA, CGA is considered a strong asset
  • Accounting degree
  • 3+ years of minimum experience in construction project as a project accountant
  • Strong analytic skills and reconciliation skill
  • Good working knowledge of Excel and Sage
  • Strong communication skills and ability to solve problem
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