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Project Accountant

Scarborough, Ontario
Mid Level
full_time

About the role

About This Career Opportunity Black & McDonald’s Southern Ontario Accounting & Finance team is growing! If you are committed and collaborative professional looking to contribute to a hard-working, innovative team, this opportunity is for you.

Black & McDonald Limited is actively seeking a Project Accountant to support the Southern Ontario Region's Accounting and Finance Team, located in Scarborough, Ontario. The Project Accountant's primary areas of responsibility will consist of ongoing performance and monitoring of job cost and billing functions in support of regional business activities.

Duties & Responsibilities

  • Prepare and maintain project budgets, analyze budget variances and prepare estimates of costs to complete
  • Use JD Edwards software to set up job, add cost codes, log, enter, and review change orders, record booked sales, and review/update job forecast
  • Monitor labour cost
  • Prepare salary recovery worksheets and other cost transfer forms
  • Run and review productivity report
  • Prepare detail variance analysis and identify trends
  • Flag any potential risks and concerns
  • Provide job cost information for month end, quarter end and year end close
  • Run profit recognition report
  • Participate in month-end WIP reviews
  • Ensure the project set up/structure supports the billing requirements, billing line set up as required
  • Generate accurate and timely draft billing for customer approval, post approved invoices, and collect overdue invoices
  • Elevate payment issues related to performance
  • Reconcile monthly billed/unbilled vs. revenue activity, and investigate/resolve unexplained reconciling items
  • Send invoices to client
  • Monitor job for holdback release timelines and required documents for release
  • Provide ad-hoc financial analysis and reports for management as requested

Competency Requirements

  • Excellent communication skills – both verbal and written
  • Ability to learn and adapt to change
  • Holds self and others accountable
  • Ability to work independently and in a team environment
  • Values and respects internal and external stakeholders
  • Ability to problem solve
  • Customer focus

Education Requirements

  • Post-secondary education in accounting/finance or equivalent experience

Work Experience Requirements

  • 2-5 years proven experience with budgetary preparation and maintenance in a construction setting

Skills, Abilities, And Other Requirements

  • Advanced user of MS Office (Excel, Word, Outlook) and JD Edwards
  • Excellent time management skills
  • Strong organizational skills

Please be advised that a Criminal Background Check and Professional Reference Check will be required as part of our employment screening and selection process. Additionally, all applicants must be legally entitled to work in Canada, unless otherwise stated in the job posting.

Black & McDonald welcomes and encourages applications from persons with accessibility accommodation requirements. Accessibility accommodations are available upon request for candidates taking part in all aspects of the recruitment and selection process.

About Black & McDonald Limited

Construction
1001-5000

Black & McDonald is an integrated, multi-trade service provider that safely delivers high-quality construction, facilities management, and technical solutions. We are a family-owned and operated company with over 6,500 employees working out of 40+ offices across North America. With more than 100 years of diverse market experience across North America, we are a forward-thinking organization with a strong track record of delivering customer-focused solutions and operational excellence.

For more information on our licenses visit: https://blackandmcdonald.com/licenses/