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Project Accountant

Toronto, ON

Posted: 04/10/2025 Employment Type: Full-Time Specialization: Accounting/Finance/Tax Job Number: 32763

Job Description

Our reputable client in the engineering sector, is seeking a Project Accountant to join their team!

This is a permanent, full time opportunity based out of their downtown Toronto office. This role is hybrid (3 days a week in office).

Responsibilities:

  • Partner with Project Managers to review and track project performance, including variance analysis, earned value, cash flow and profitability.
  • Understand contracts, project schedules, budgets and commercial risks. Work with Project Managers to develop forecasts and review budgets and resourcing plans.
  • Prepare client invoices in accordance with company procedures, client requirements and terms and conditions of the contract. Monitor invoice aging and manage cash collections.
  • Understand subconsultant contracts. Establish and maintain subconsultant purchase orders and process invoices.
  • Ability to recognize project risks and work with Project Managers to find solutions and assess the impact on project finances.
  • Extensive interaction with project teams, clients and subconsultants utilizing critical thinking, qualitative input, and influence to ensure financial health of projects.
  • Provide project updates to Finance Manager on monthly basis, or more frequently as issues arise. Share valuable insights into the financial health of projects.
  • Track and resolve monthly, various potential project and accounting issues
  • Participate in project meetings and complete project close-outs.

Desired Skills and Experience:

  • 3+ years of relevant experience. Experience as a Project Accountant in an Engineering, Architectural or Construction firm is an asset.
  • Bachelor’s Degree is required.
  • Self-motivated, proactive, responsible, team player
  • Certification relevant to the construction and architecture and engineering industries is preferred
  • Detail-oriented with ability to manage multiple projects with competing schedules and priorities
  • Ability to think critically with a solutions-based approach
  • Ability to effectively communicate with project teams and clients
  • Proficient in Microsoft Office Suite, including strong Excel skills
  • Exercise responsible and ethical decision-making regarding company funds

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