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Project Accountant

Surrey, BC

Position Overview
Reporting to the Controller, the Project Accountant will coordinate with multiple project stakeholders and owners to oversee the financial performance of Jacob Bros projects, ensuring all project accounting requirements are complete in accordance both with contracts and with company policy and procedure.

Responsibilities and Primary Tasks
  • Processes subcontracts and monitors project progress and costs; investigates, reports and accurately explains variances
  • Processes subcontractor Accounts Payables, updates tracking reports, sets up commitments and obtains WCB clearance letters
  • Maintains and updates cost codes and job records
  • Processes job costing and reporting; sends job cost reports to Project Managers, revenue accruals, change orders, budgets and profit analysis
  • Prepare and submit billings on a time and material basis
  • Processes invoices, invoice payments and holdback releases
  • Prepares project cash flow and cost projections
  • Prepares monthly progress draws/invoices and related collections
  • Maintains integrity of the general ledger for construction projects, reconciles YTD and JTD WIP to GL
  • Follows all month end close activities to meet deadlines
  • Assists with preparation of monthly and quarterly financial reports and KPIs
  • Forms strong, positive working relationships with internal and external stakeholders, liaise with project teams, vendors and other employees as required
  • Demonstrates strong communication skills with all project stakeholders and seeks guidance as required
  • Demonstrates flexibility and teamwork to supports support finance team in meeting team deliverables
  • Assists with special projects and other duties as assigned by Manager
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Reporting Relationships 
The Project Accountant reports directly to the Controller.

 Minimum Qualifications
  • Accounting diploma and/or university education in finance  
  • 1-3 plus years experience in project accounting field is strongly preferred
  • Completion or in pursuit of professional accounting designation (CPA) preferred
  • Solid computer skills – Timberline/Sage 300 CRE, SAP, Excel (and other MS Office)
  • Advanced Excel proficiency
  • Proven track record of high attention to detail
  • Demonstrates basic understanding of accounting and job costing principles
  • Ability to prioritize work and manage multiple tasks, likely with competing priorities
  • Strong track record of meeting deadlines within a fast-paced environment
  • Strong communications skills and expert command of the English language both written and verbal
  • Strong interpersonal skills and the ability to contribute effectively and positively within a team environment
  • Ability to work independently in high volume environment to meet tight deadlines
  • Must be legally eligible to work for any employer in Canada

Preferred Qualifications
  • Completion or in pursuit of professional accounting designation (CPA) preferred
  • Experience in the construction or engineering industries is a strong asset
  • Experience with percentage of completion accounting.
  • Experience with Procore timesheets is an asset

Work Environment
The Project Accountant works out of the corporate head office in Surrey, BC.
 

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