Project Accountant – Transit

Job title: Project Accountant – Transit

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 Infrastructure division and build innovative projects in the transit and transportation sectors, such as roads, highways/freeways, bridges, interchanges, LRTs, BRTs, and airports. As a member of this collaborative team, you can expect a safe, diverse and inclusive environment, and on-going learning and career development opportunities.About the Role:Reporting to the Assistant Regional Operations Controller, the Senior Project Accountant is responsible for providing all aspects of accounting and financial support on a current transit project, while also taking part in the long-term growth of the local Transit division. Responsibilities will include the implementation and maintenance of project accounting processes and controls while ensuring delivery of clear, accurate, consistent and relevant project data while also spearheading the integration of a new Project and Finance management software (InEight). The Senior Project Accountant will also be responsible for providing management reporting and analysis for this and future projects, while supporting the operations team and divisional leader with budgets and forecasts.As this role represents a significant position within the newly established Transit team in Toronto, strong leadership and communication skills would be an asset; although through initial stages the role would require more data driven or laborious activities, it also represents a growth opportunity for an ambitious up-and-coming accounting professional both within the team and the district as a whole.As a Senior Project Accountant at Graham you will:

• Lead the general transactional accounting processes, reconciliations, and month end procedures. Ensure compliance with deadlines and provides guidance and direction as required
• Accountable for the administration of subtrade contracts in adherence with company policy
• Accountable for the owner progress billings, ensuring billings are complete, accurate and timely, and in accordance with the contracts
• Accountable for efficient and consistent timekeeping processes and LEMS reporting, communicating with the owners, and keeping up-to-date with changing union agreements and labour standards
• Responsible for weekly/daily AR reports and collections and engages operations for resolutions of disputes and timely collection of outstanding balances
• Consolidate and analyze weekly cash flow forecasts and consults with treasury as required
• Ensure adherence to professional accounting standards, including revenue recognition and accruals
• Ensure adherence to government, Provincial/State regulations, and taxes to ensure compliance at the Project level and branch/business unit level and consults with Tax department as required
• Responsible for compliance with documented accounting processes and is actively involved in implementing improvements and revising documentation accordingly
• Lead the deliverables for audit work requirements (external & client) in the business unit
• Contribute to the ongoing development of systems and processes, identifies improvement opportunities, and develops actionable solutions
• Support the reconciliation, clean-up, and analysis of key balance sheet items and resolution of issues, including WIP, AR, AP and holdbacks
• Ensure compliance with Project contractual terms and conditions in relation to project setup, billing requirements, costing, tax compliance, and labour standards/rates
• Collaborate with and advise Operations for Contract Management and Administration including: New Entity/JV/Project setups for AR, billing, and costing
• Provide financial input regarding labour costs, overheads, and other project costs for all material bids and tenders. Provide financial input regarding appropriate contractual commercial terms and conditions, communicating and engaging with Treasury and Tax as appropriate
• Review and approve accounts receivables, subtrade, and change order reconciliations
• Participate in and provide financial support to Operations in regular monthly branch/business unit reviews, providing contestability to the financials for the project portfolio and branch/business unit

Qualifications/experience:

• Degree in Commerce/Business/Accounting or a related field
• Professional Accounting Designation (CPA) is preferred
• 10 years relevant accounting experience
• Strong understanding of Project Accounting principles and practices
• Strong Technical accounting proficiency in billing and cost accounting
• Experience in Construction, Engineering or Heavy Manufacturing Industries
• Proficiency in ERP systems and system controls, SAP preferred
• Experience in leading systems enhancements and UAT testing
• Proficiency with financial and management/cost accounting systems

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.Graham Group Ltd. also welcomes and encourages applications from those with disabilities. Accommodations are available upon request for candidates taking part in each stage of our process. For more information please see our and our .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: Toronto, ON

Job date: Sat, 29 Jun 2024 22:55:13 GMT

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