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Project Accountant
2 months ago
Job Summary:
Alltrade Industrial Contractors Inc. is seeking a highly skilled Project Accountant to join our team. As a key member of our finance department, you will be responsible for managing financial transactions, analyzing financial data, and ensuring accurate and timely reporting on multiple large-scale construction projects.
Key Responsibilities:
- Perform comprehensive account analysis and reconciliations to ensure financial accuracy and compliance.
- Conduct thorough financial audits to identify areas of improvement and ensure compliance with regulations and company policies.
- Collaborate with Project Managers to track project costs and budget variances, providing actionable insights to inform business decisions.
- Assist in the preparation, setup, and maintenance of project budgets, ensuring accurate forecasting and financial planning.
- Provide in-depth analytics of the financial status of construction projects, identifying trends and areas for improvement.
- Prepare and review financial reports for respective projects, ensuring timely and accurate delivery.
- Identify and monitor project revenue/cost variances, taking proactive measures to mitigate financial risks.
- Track and review project Contemplated Change Notices, Change Directives, Change Orders, status, and payment, ensuring seamless project execution.
- Ensure a steady cash flow by generating, auditing, and sending invoices to clients per their contract schedule.
- Monitor job performance, provide feedback, and work with Project Managers/Project Coordinators in taking corrective action to ensure project success.
- Read and understand project-related contracts to ensure project set up procedures and invoicing are aligned with contract terms and conditions.
- Other duties as required to support the finance department and contribute to the company's growth and success.
Requirements:
- Bachelor's degree in accounting or finance is an asset.
- 5+ years of relevant experience in project accounting in the construction industry is required.
- Strong financial management acumen: advanced knowledge of accounting procedures and protocols, budget administration, financial forecasting, analysis, and reporting.
- Proven high degree of accuracy, effective time management, strong organizational skills.
- Relevant understanding of construction management principles and processes.
- Strong skills in MS Office (Word, Excel, Outlook).
- Strong skills in Box, Jonas Construction (an asset) or other ERP experience.
- Ability to multi-task, prioritize activities and work under pressure.
- Results-oriented and ability to take initiative.