Project Accountant (Major Projects)

Valard Construction•Edmonton, AB

7d•Onsite

About The Position

Our Major Projects group is currently looking to add a Project Accountant to our growing team, based in Edmonton, AB. Reporting to the Project Controller, this role is a key contributor to the financial success of major construction projects, providing full life-cycle accounting functions and operational cost control for assigned projects. Working in close partnership with Project Managers and field operations, this position is responsible for the accurate tracking, analysis, and reporting of project costs from job setup through to closeout, and plays a critical role in maintaining budget integrity, supporting client billing, and ensuring compliance with Valard's financial controls and reporting standards.

Requirements

Post-Secondary education in Finance, Accounting, Business Administration, or a related field
3+ years of progressive experience in a project accounting or cost control role
An equivalent combination of education and experience will be considered
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)
Applicants must have legal authorization to work in Canada with no restrictions.

Nice To Haves

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
Familiarity with Quanta Services consolidation tools and financial reporting processes
Prior experience in the transmission, distribution, or renewable energy construction sector
Cost control or project controls background
Prior experience in the construction, electrical, or utility industry
JD Edwards or SAP experience

Responsibilities

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
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
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
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
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