Senior Accountant

Responsibilities

• Collects, reconciles, obtains approval, and processes through PCL business systems all project-related trade partner payments, general expenditures, and internal payroll costing allocations (including recharge). 
• Reviews and analyzes all adjustments, submissions, and reports and ensures they are complete in a timely manner. 
• Participates in monthly forecast review meetings for assigned projects to provide input on recoveries and various other reconciliations.
• Provides project team with various ad hoc reports and analyses as required.
• Participates in year-end procedures as assigned.
• Assembles client billings package in accordance with approval procedures and processes through PCL business systems to ensure the client is in receipt of billings on a timely basis and payments are received as per contract terms and conditions.
• Assists with assembling information for internal financial reporting requirements (e.g., MOR, DRM/year-end) and external financial reporting requirements (e.g., government agencies, taxes).
• Prepares bank deposits and/or monthly reconciliations and prepares subsequent cash receipt entries where required.
• Reviews and analyzes monthly contract reports to ensure accuracy of cash-flow, fee reconciliation, and ledger balance. Subsequently follows up with project management staff and accounting manager to identify any irregularities or risk exposure and assists with the development of a strategy to address accordingly.
• Ensures that all project and subcontract required documentation, including insurance, bonding, SDI, workers’ compensation, statutory declarations, and lien waivers is in place.
• Reads contracts and interprets trade partner documentation for accounting related items only and may assist with project setup procedures.
• Identifies and communicates with the project team and accounting management any compliance and/or project risks (e.g., trade partner issues, financial risk).
• Assembles information for internal and external audits.
• Supports the exploration of new technology and innovations to update or streamline processes

Qualifications

• Postsecondary degree or diploma in a related discipline.
• Active pursuit of accounting designation an asset.
• Intermediate construction knowledge and 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.
• Intermediate understanding of project forecasting and budgeting.
• Intermediate knowledge and experience with project costing principles, recoveries, insurance, and contract/subcontract requirements as related to projects.
• Aware of relevant labor agreements and government legislation as it relates to licensing, payroll and tax and complies with all terms and escalates as needed.
• Intermediate knowledge of government legislation regarding generally accepted accounting principles.
• Intermediate knowledge of bid and contract securities and insurance as they relate to risk management, claims management, pricing, and accounting as it relates to project costing and tracking.
• Intermediate knowledge of subcontract, and PO terms, including insurance and subcontractor default insurance (SDI) and bonding requirements.
• Intermediate knowledge and experience with owner contracts as they relate to payment terms, billing requirements, audit rights, cost- of-work definition, insurance, and bonding.
• Awareness of lien rights.
• Effective verbal and written communication skills.