Project Accountant

We are offering an exciting opportunity for a Project Accountant based in Waterloo, Ontario. The successful candidate will play a critical role within our team, managing financial aspects of various projects from acquisition to disposition. This includes day-to-day accounting duties, maintaining accurate financial records, resolving inquiries, and providing assistance to the project team throughout the project lifecycle.

Responsibilities:

• Setup and maintain vendor accounts in the system, and manage supplier and subcontractor payments.
• Coordinate the collection, reconciliation, and approval of all project-related financial transactions, ensuring timely and accurate processing to meet contract payment terms.
• Oversee project budgets, approved change orders, and budget transfers, utilizing project management software.
• Review and understand project-related contracts and subcontractor documentation to ensure alignment with project setup procedures.
• Reconcile job costs with supporting documentation and general ledger, and present required project reports.
• Perform budget allocations for multiple projects, ensuring compliance with contract terms.
• Prepare monthly financial projections, identifying potential cost issues that may impact forecasted costs and profitability.
• Review and monitor project financial activity, including budgets, invoices, work orders, contracts, and purchase orders, ensuring high accuracy and meeting required timelines.
• Prepare construction draws and the supporting documentation to financial institutions, partners, and owners, ensuring all allowable costs are billed in a timely manner.
• Manage all aspects of tracking, monitoring, and reporting processes for pending, active, and closed grants.
• Work closely with project managers to setup, review, and update cost structures, and process project costs accurately.