Project Accountant Lead

Posted 3 months ago
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Job Description

Project Accountant Lead
Job title: Project Accountant Lead

Company: FLINT Corp.

Job description: Job DescriptionAre you seeking an opportunity to advance your career while engaging in challenging work? The Project Accountant Lead role is a high-demand, fast-paced position dedicated to enhancing district financial performance. In this role, you will work closely with Project Managers to provide financial oversight on time entry, billing, and revenue recognition, while also supporting internal and external reporting requirements. This position offers a dynamic environment for professional growth and significant impact on project success.What would you be doing?

  • Project Accountant lead will coach and lead a team of 4 to 5 Financial Transaction Coordinators (FTC), whose primary function lies with Time Entry to Billing. This includes ensuring the FTC are current with entering time for their respective sites/projects. The FTC are also responsible for completing any client level reporting that is required part of the billing cycle, this includes generating LEMs, Tickets and summaries for client approval prior to invoicing. The Project Accountants must be hands on and drive the team towards meeting their daily time entry and billing targets. Ultimately this process is what drives DSO.
  • Responsible for month end close for your respective districts. This involves all time entry being captured, A/R invoices are processed, all accruals being created and posted into the GL. After all entries are posted, Project Accountant will review the GL and project transactions to ensure results are accurate and investigate any anomalies.
  • Preparing variance analysis, providing detailed analysis on margin erosion/drivers, speaking to changes to revenue.
  • Facilitate weekly A/R and WIP aging meetings. Discuss all transactions that are past due and have not been invoiced, discuss a plan forward to get aged items invoiced. Discuss all A/R invoices that are past due, confirm what is driving the aging and determine a path forward.
  • Ensure all invoices are submitted correctly based on client requirements and follow-up where required.
  • Manage all holdbacks for respective contracts, ensure holdbacks are released on a timely basis.
  • Project Accountant will assess the quality of aging and determine if escalation is required to expedite payment and obtain additional support.
  • Prepare weekly and monthly reports to provide visibility on project performance, non-billable cost, DSO, working capital aging are a few examples. Highlighting key takeaways from reports to provide stakeholders with targeted feedback.
  • Working directly with Operations on supporting with any reporting and analysis required, this can include project setup, rates, other analyses.
  • Support on any customer requests, customer audits, Ad-hoc request.

Does this sound like you?

  • Minimum 5 years’ experience in Project Accounting; Oil & Gas industry preferred.
  • Expertise in forecasting, project profitability analysis, and customer audits.
  • Strong understanding of client contracts, payment terms, and burden reimbursement.
  • Excellent analytical, written, and verbal communication skills.
  • Experience in team leadership.
  • Highly organized, efficient, and self-motivated.
  • Ability to maintain confidentiality of sensitive information.
  • Collaborative team player.
  • High accuracy and precision in repetitive tasks.
  • Proficient in project cost control (labor, materials, equipment, third-party services).
  • Knowledge of accounts payable and receivable processes.
  • Skilled in word processing and presentation tools.
  • Ability to operate in a high-pressure, deliverable-focused environment.
  • Advanced proficiency in MS Excel.
  • Managed and supported DSO improvement.
  • IFS experience is an asset.
  • University Degree in Accounting or Finance; pursuing or completed CA, CMA, CGA, or CPA designation.

Perks of the job

  • Health coverage for you and your family
  • Opportunity for growth/advancement/development
  • RRSP matching
  • Paid vacation

Other important detailsAs a condition of employment, qualified applicants who are offered and accept the role must complete a satisfactory pre-employment Background Check. This may consist of all or a combination of the following: Canadian Criminal Record check, an Employment Verification and/or an Education and Accreditation Verification.Why FLINTFLINT strives every day to be recognized as your employer of choice, modelling our core values not only to our customers but also to our employees. We promise to uphold these values by providing a safe, progressive, and proactive work environment while continuously working to minimize our impact on our planet. We will work every day to build our employees into leaders, fostering a work environment of integrity, curiosity, empowerment, and innovation. At FLINT, we recognize that our greatest resource is our people. By combining world-class workforce solutions with top-tier talent, together we will build upon our reputation of unwavering quality, safety, and customer satisfaction.We are committed to creating a culture of equity, diversity, and inclusion, including fostering a safe and respectful environment that allows for diverse perspectives—a work environment in which all employees are valued and have an equal opportunity to achieve success. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status, or other legally protected factors.

Expected salary:

Location: Sherwood Park, AB

Job date: Fri, 04 Oct 2024 05:14:20 GMT

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