Project Accountant

Job title: Project Accountant

Company: Graham

Job description: Graham is an employee-owned construction solutions partner that services the buildings, industrial, infrastructure, water and project finance sectors. We deliver lasting value for our clients through meticulous planning and scheduling, while upholding rigorous safety and quality standards. With offices throughout North America, our passionate and knowledgeable teams deliver projects that enable communities to thrive and people to live, work, move and grow in a rapidly changing world. With over nine decades of experience, Graham has the resources, capacity and expertise to undertake projects of every scope, scale and complexity. Join our team to deliver a better tomorrow.We are seeking top-tier talent to join our Maintenance and Turnaround division and build innovative projects in the oil, gas, petrochemical, renewable energy, power, mining, forestry, underground, heavy construction, maintenance, turnarounds and sustaining capital sectors. As a member of this collaborative team, you can expect a safe, diverse and inclusive environment, and on-going learning and career development opportunities.SummaryReporting to the Finance Manager, the Project Accountant is accountable for providing all aspects of accounting support for a project or group of projects. The incumbent is responsible for ensuring that project accounting processes and controls are being adhered to, in accordance with company policies and procedures, to ensure clear, accurate, consistent, and relevant project financial information on a timely basis. The role is focused on executing the work, while gaining leadership experience and managing a team of Operations Accountants and Accounting Clerks. The incumbent is developing in leadership and communication skills while furthering their technical competencies. The Project Accountant is a key representative of the Operations Accounting Function and is responsible for maintaining strong collaborative relationships with project staff. He or she is developing in the role of trusted business partner and key contributor with Project Managers and Operations Managers in the branch/business unit.Essential FunctionsExecutionTransactional Services

• Ensure the general transactional accounting processes, reconciliations, and month-end procedures are completed in an accurate and timely manner and in compliance with deadlines.

Cash Management

• Manage accounts receivable collections and support AR reporting and resolutions of disputes and timely collection of outstanding balances.
• Support and provide project input for consolidated branch/business unit weekly cash flow forecasts.

Planning and ProcessStandards, Process & Controls

• Ensure adherence to company policies, procedures, and internal controls at the project level, including project setup and maintenance in the system.
• Apply knowledge of professional accounting standards, including revenue recognition and accruals.
• Ensure adherence to government, Provincial/State regulations, and taxes to ensure compliance at the Project level.
• Ensure adherence to documented accounting processes and evaluates and recommends improvements for increased efficiency and effectiveness.
• Demonstrate an awareness of Governance and Compliance frameworks and maintains effective internal controls.
• Support the deliverables for audit work requirements (external & client) for projects.
• Assist in the ongoing development of systems and processes and improvement opportunities.

Financial AccountabilitiesOrganizational ImpactProvides contributory financial support to a project or portfolio of projects with project revenues in the range of $25M – $50M and annual project revenues of $50M – $100MClient FocusOperations Financial Support

• Review and understand JV/Project contract terms and conditions in relation to project setup, billing requirements, costing, tax compliance, and labour standards/rates.
• Support Operations for Contract Management and Administration including: New Entity/JV/Project setups for AR, billing, and costing.
• Examine and review project cost reports to ensure costs are accurately allocated to projects, prepares job cost analysis, and identifies and communicates any cost overruns/anomalies.
• Prepare accounts receivables, unbilled receivable, and accrued payables reconciliations.
• Participate in and support Operations in regular monthly project reviews and job cost forecasting, providing contestability to the project financials.
• Support Operations with financial understanding and competencies.
• Prepare monthly cost accruals and revenue adjustments.

Reporting & Analysis

• Prepare and present management reporting, budgeting, and forecasting for projects.
• Prepare and present monthly, quarterly, and annual variance analysis reports.
• Provide monthly project cost reporting and analysis.

HSEQ

• Demonstrate HSE and Quality behaviors that reflect corporate expectations of Actively Caring and Road to Zero.

Key Success Factors and CapabilitiesLeadership

• Display leadership in Corporate Governance.
• Effectively manage a small team, delegating tasks and escalating issues appropriately.
• Give constructive, actionable feedback to direct reports.
• Demonstrate a passion and excitement for the work and model a can-do/high performance attitude.
• Display commitment to continuous improvement initiatives.
• Demonstrate an understanding of, and commitment to, Graham’s values and the Operations Accounting functional strategy.

Customer/Client Focus

• Developing toward being a Trusted Business Partner to Operations and a representative of the operations accounting function to projects.
• Build constructive and effective work relationships.
• Dedicated to meeting the expectations and requirements of internal and external customers.

Communication

• Possess moderate to strong verbal and written communication skills.
• Possess good active listening skills and understanding of other team members’ feedback and thinking.
• Seek guidance in challenging issues such as conflict resolution with team members and internal stakeholders.

Education, Experience and Knowledge

• Degree in Commerce/Business/Accounting or a related field or proven experience
• 5 – 7 years relevant project accounting experience.
• 1 or more years’ experience in a supervisory role.
• Accuracy and attention to detail.
• Deadline oriented.
• Demonstrate moderate to strong verbal and written communication skills.
• Strong understanding of Project Accounting principles and practices.
• Strong Technical accounting proficiency in billing and cost accounting.
• Experience in Oil and Gas, Construction, Engineering or Heavy Manufacturing Industries.
• Demonstrate good analytical skills
• Good understanding of the Construction business and what factors drive profitability.
• Advanced Excel Skills.
• Strong working knowledge of ERP systems, SAP preferred.
• Proficiency with financial and management/cost accounting systems

Working Conditions

• Most of the work is completed in our Calgary Corporate Office.

If this sounds like you, then Graham may be the right fit. Apply today.Graham is an Equal Opportunity Employer, and employment selection decisions are based on merit, qualifications, and abilities. Graham does not discriminate in employment opportunities or practices on the basis of race, color, religion, gender, national origin, age, sexual orientation, gender identity, disability, veteran status or any other characteristic protected by country, regional or local law.No unsolicited resumes or phone inquiries from agencies, thank you.As Graham’s trusted recruitment partner, Jardeg aids in the hiring of skilled professionals who play a crucial role in the success of Graham’s Buildings, Industrial, Infrastructure, Water, Development, Maintenance and Turnaround projects across Canada.

Expected salary:

Location: Calgary, AB

Job date: Sat, 27 Jul 2024 22:00:30 GMT

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