Project Accountant

• Prepare and issue progress billings, including Time &Material (Force Account pricing)

• Ensure billing aligns with contract terms and project progress

• Maintain holdback tracking and monitor billing eligibility

• Coordinate with Project Managers and consultants on billing submissions and approvals

• Identify unbilled revenue and proactively follow up to ensure timely invoicing

• Review and analyze project financial performance, including budget vs actual cost, cost trends, and margin performance

• Identify and explain cost overruns, billing gaps, and variances from budget

• Reconcile project balances and ensure alignment between cost, billing, and financial reporting

• Maintain accurate job cost records across labour, equipment, materials, and subcontractors

• Work with Project Managers to understand project progress and financial drivers;

• Other related duties as required

• Assist with project-related accruals and reconciliations

• Support preparation of project financial summaries and variance analysis

• Support improvements to billing and reporting processes

• Ensure reliability and accuracy of project financial data

• Utilize Excel tools or Power BI reports to analyze and manage project data

• Assist in streamlining workflows and improving

• Diploma or degree in Business Administration, Accounting, or related field

• 3-5 years of experience in construction or project-based accounting

• Solid understanding of job costing, project billing, and basic margin analysis

• Demonstrated experience and abilities in reviewing and analyzing project financial and explain project financial results.

• Experience of using excel tools, Power Query or Power BI reports to analyze project financial performance

• Strong proficiency in Microsoft Excel (pivot tables, lookups, sumifs, countifs, what-if analysis)

• Solid understanding of revenue and cost recognition (including deferral) in a project environment

• Clear and practical communication to translate financial data into actionable information for PMs to use

• Experience with Power Query or VBA is an asset

• Experience of using JDE and ReportsNow is an asset

• Basic awareness of IFRS 15 is an asset

• Exposure to automation tools (e.g., Microsoft Power Automate / Flow) is an asset

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