Project Accountant (Transmission)

Duties and Responsibilities

• Project Setup & Budget Management
• Set up new projects in JD Edwards (Job Master, Cost Codes, budgets) and maintain job master data integrity with Quanta's consolidation tool
• Participate in Day One Budget creation from tender documentation and support the budget change management process, including tracking revisions
• Cost Control & Financial Reporting
• Review and correct cost coding on purchase orders and other transactions, and support field staff with third-party cost coding
• Manage monthly cost accruals, journal entries, and mid-month report packages with project management teams
• For Percentage of Completion projects, facilitate monthly forecast meetings, provide variance analysis summaries, and load approved revenue/estimate data into JD Edwards
• Prepare margin analysis and WIP calculations (costs/billings in excess), and support project profitability analysis and forecasting
• Track pending, approved, and disputed change orders, quantifying revenue/margin impact per policy
• Client Billing & Accounts Receivable
• Prepare and administer client billings with required backup documentation, and monitor accounts receivable for collections
• Reconcile total contract value to billings and forecast, and manage CIEB positions within established thresholds
• Track and reconcile holdback receivable and administer release collection; ensure proper GST/PST treatment on billings
• Subcontracts, Audits & Closeout
• Administer subcontractor contracts and facilitate mid-month PO review meetings; compile documentation for internal/external audits
• Support the Project Controller in closing and reviewing project costs on a weekly, monthly, and quarterly basis
• Manage job closeout, including reconciliation, final cost reporting, and holdback payable tracking/release
• Ensure revenue is recognized per ASC 606 with supporting documentation, and proper GST/PST treatment on invoices
• Month End & General
• Facilitate month end cost accrual meetings and ensure deadlines/reporting requirements are met
• Verify labour, equipment, and material charges, and reconcile intercompany/shared-service allocations
• Collaborate on Estimate-to-Complete calculations; complete ad hoc analyses and other duties as assigned

Requirements

• Post-Secondary education in Finance, Accounting, Business Administration, or a related field
• 5 years experience in a project accounting role
• an equivalent combination of education and experience will be considered
• Demonstrated experience supporting large projects
• Solid understanding of construction revenue recognition principles, cost and revenue accruals, and percentage of completion accounting
• Working towards or holding an accounting designation (CPA or equivalent)

Preferred Skills / Qualifications

• Advanced proficiency in Microsoft Excel, including pivot tables, lookups, and financial modelling
• Experience with job costing management, project analytics, and Work-in-Progress (WIP) reporting
• Prior experience in the transmission, distribution, or renewable energy construction sector
• Prior experience in the construction, electrical, or utility industry
• JD Edwards or SAP experience

Benefits

• We offer a comprehensive and competitive total rewards package that incorporates a complete range of employee benefits, including a 5% RRSP matching program, to ensure you have the tools necessary to manage, maintain, and improve your health and wellbeing.

About our Business

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