Manage financials for construction projects: budget/forecasting, variance and cost analysis, progress billing and invoicing, contract setup and change orders, compliance documentation, job costing reports, and coordination with project managers and customers to maintain project financial health.
The Project Accountant supports the financial management of construction projects by partnering closely with Project Managers to ensure accurate budgeting, forecasting, invoicing, and cost tracking. This role is responsible for maintaining project financial health through variance analysis, progress billing, compliance documentation, and customer invoicing, while ensuring adherence to contract terms and company processes.
Responsibilities:
- Perform detailed variance analysis for projects on a monthly basis to ensure projects remain on budget, or strategize on ways to improve profitability, together with the Project Managers
- Hold monthly meetings with Project Managers to determine monthly invoicing requirements, and support AR to ensure invoices are received timely
- Assist in preparing compliance documentation, including collection of waivers, certificates of insurance, bonding, amongst others
- Review construction contracts and ensure project is accurately set-up in the system, including contract value, costs, division, branch, etc.
- Importing of quotes from quoting software into ERP
- Produce customer invoices/project draws for a variety of projects, ensuring formatting is compliant with contract terms and customer specifications, including preparation of required backup to accompany invoice
- Supporting large, enterprise customers through gathering backup pertaining to cost-plus contracts
- Entering change orders into the system in order to update contract values and costs
- Performing cost analysis on projects to create projections on remaining costs to complete
- Create and provide job costing reports to project managers to assist them in updating estimates on budget projections
- Work directly with customers to ensure invoices have been received, approved, and actioned
- Assist with ad-hoc projects and other duties as required
Required Qualifications:
- Minimum 1 year of experience performing in a project accounting role, or similar
- Experience with progress draw invoicing
- Experience using billing portals
- Intermediate excel skills
- Post-secondary education in accounting, an asset
- Construction project accounting knowledge, specifically around long-term contracts (WIP), an asset
- Detail oriented, organized, able to problem solve, multitask, work effectively under pressure, meet deadlines and prioritize workload
- Ability to effectively work in a team environment
- Self-starter and able to take initiative
- Receptive to coaching and willing to learn and develop skills
- Excellent written and oral communication skills
- Eager to learn and able to apply newly acquired skills for immediate results
Preferred Qualifications:
- 3+ years of experience in construction or project-based accounting environments
- 3+ years of experience supporting progress billing, WIP reporting, or cost tracking on long-term contracts
- Experience in construction, low-voltage, or specialty contracting environments
- Familiarity with ERP systems (e.g., D365, NetSuite, Viewpoint, or similar)
- Experience supporting large-scale or enterprise-level projects, including cost-plus contracts
- Knowledge of lien waivers, bonding, and insurance documentation processes
- Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, financial modeling)
- Ability to collaborate cross-functionally with operations, finance, and customers
- Strong analytical mindset with a proactive approach to identifying cost or billing risks
- Experience working in fast-paced, high-volume project environments
Salary Range: $65,000 - $75,000 DOE
Physical Demands:
In general, the following physical demands are representative of those that must be met by an employee to successfully perform the essential functions of the job.
- Must be able to effectively communicate, (ie see, hear, speak and write clearly) in order to communicate with colleagues and/or customers; manual dexterity required for occasional reaching, lifting of light office objects, and operating office equipment
Working Conditions:
In general, the following conditions of the work environment are representative of those that an employee encounters while performing the essential functions of this job.
- The office is clean, orderly, properly lighted and ventilated. Noise levels are considered low to moderate
Paladin Technologies Vancouver, British Columbia, CAN Office
1277 E Georgia St, Vancouver, British Columbia, Canada, V6A
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