Project Accountant

Valard Construction•Edmonton, AB

3h•Onsite

About The Position

Our Transmission and Substation groups are currently looking to add Project Accountant(s) to our growing team, based in Edmonton or Calgary, AB. Reporting to the Project Controller, we are seeking experienced accounting professionals with strong foundations in project-based accounting to provide operational cost control and financial support across a portfolio of projects. These positions are involved in the full project lifecycle — from setup through closeout — ensuring all costs are accurately tracked, recorded, and reported while supporting billing, forecasting, and change management activities.

Requirements

Post-Secondary education in Finance, Accounting, or Business Administration
3 years of project-based accounting experience
an equivalent combination of relevant education and experience may be considered
Experience with JD Edwards
Advanced proficiency in Microsoft Excel, including data analysis and reporting
Proven knowledge of accrual-based accounting
Understanding of construction revenue recognition principles
Applicants must have legal authorization to work in Canada with no restrictions.

Nice To Haves

Previous experience in the construction or utility industry
Experience with Ecosys or similar project controls platforms

Responsibilities

Coordinate the setup of new projects including WBS structure and cost code configuration to ensure accurate financial tracking from day one
Track and monitor project costs on a weekly, monthly, and quarterly basis, pulling data from Ecosys and JDE to ensure completeness and accuracy of all costs that need to be captured and recorded
Prepare cash position reports, reviewing work completed against costs recorded to support an accurate picture of project financial status at any point in time
Review and correct cost coding discrepancies; reconcile project costs and support analysis of project profitability, performance, and KPI reporting
Reconcile cost, commitment, and revenue data between JDE and EcoSys; investigate and resolve variances
Ensure proper application of GST/HST/PST tax on project transactions
Support the billing process by compiling total billable amounts based on contract terms, schedule of values, and work completed to date; coordinate with Corporate AR who generates and uploads client invoices
Track billing information, maintain accounts receivable visibility, and flag discrepancies or outstanding items to the Project Controller
Track holdback release timing relative to contractual guidelines
Organize and facilitate month-end cost accrual meetings with Project Managers, buyers, and receivers to gather and enter cost accrual information
Compile and process accruals for all project costs, ensuring completeness of recorded costs at period end; record financial transactions through journal entries
Track approved and unapproved change orders, upload budget revisions into JDE, and ensure contract values are current and accurately reflected in the system
Contribute to financial forecasting activities and assist the Project Controller with estimate-to-complete analysis
Verify and administer subcontractor contracts and invoices; provide support and oversight for AP and AR functions as needed
Track subcontractor commitment values against budgeted subcontract scope; flag overruns to the Project Controller
Process subcontractor back-charges with proper coding to the responsible cost code
Compile and organize documentation for internal and external audits
Manage the financial closeout process for completed projects
Undertake special projects and ad hoc analyses using Excel as required