Field Business Manager

Responsibilities

• All responsibilities related to FBM 2 apply to overseeing accounting and administration for assigned district projects.
• Oversees, monitors, and approves the daily/weekly/monthly/yearly accounting functions such as accounts payable, accounts receivable, payroll, and others as required, in accordance with legislative, contract terms, and PCL policy and procedures.
• Implements, monitors, and ensures adherence to district/company administration and accounting policies and procedures to ensure continued effectiveness of the project finance and commercial risk staff.
• Reviews and analyzes all project adjustments, submissions, and reports and ensures they are completed in a timely manner. Follows up and manages any issues, problems, or discrepancies.
• Monitors, reviews, analyzes, and ensures accuracy for all monthly forecasting, district/project recoveries, and various other reconciliations.
• Provides various ad hoc reports and analysis, then presents information to accounting manager and/or project team.
• Oversees the review and analysis of all month-end and year-end project reporting. Raises any issues, problems, or discrepancies with manager, Finance and Commercial Risk.
• Assists accounting manager with the preparation of the district year-end binder, with mid-year/year-end financial reporting as required.
• Works with operations management and accounting manager to effectively analyze and manage project cash-flow and provides recommendations accordingly.
• Responsible for ensuring that all required documentation, including insurance, bonding, SDI, workers compensation, statutory declarations, and lien waivers is in place and renewed accordingly.

Qualifications

• Undergraduate degree or diploma in a related discipline.
• Accounting designation an asset.
• 8 years of progressive experience with direct project administration and accounting in the construction or a related industry preferred. On-site project experience preferred.
• 3 to 5 years of supervisory experience preferred.
• Advanced construction knowledge; understands general construction terms and processes.
• Advanced knowledge and understanding of full-cycle accounting, with the ability to teach and mentor more junior staff. Advanced understanding of accounting principles, including maintenance of ledgers and cash-flows, with ability to analyze and recommend potential strategies.
• Expert understanding of project forecasting and budgeting.
• Expert knowledge of project costing principles, recoveries, insurance, and contract/ subcontract requirements as related to accounting.
• Understands and complies with all labor agreements, government legislation, and PCL policies and procedures.
• Expert knowledge of government legislation regarding accounting and applicable generally accepted accounting practices and standards.
• Intermediate knowledge of contract/construction law in relation to tender documents, project contracts, and claims management.
• Understanding of Lean principles and process improvement.
• Intermediate knowledge of bid and contract securities and insurance as they relate to risk management, claims management, pricing, and accounting.
• Expert understanding of subcontract PO terms, including insurance and subcontractor default insurance (SDI) and bonding requirements.
• Intermediate ability to explain and negotiate subcontract terms and conditions.
• Advanced understanding of owner contracts as they relate to payment terms, billing requirements, audit rights, and cost-of-work definition, insurance, and bonding.
• Effective verbal and written communication skills.