Project Accounting Analyst, Senior

Requisition ID: 97605

Job Category: Finance

Location: Mississauga, ON, Canada

Join a company that is passionately committed to the pursuit of a better world through positive change. With more than 65 years of business and technical expertise in mining, energy, and infrastructure, our 10,000 colleagues in 150 countries tirelessly work toward bettering the industries in which we operate. With practical solutions that are safe, innovative and sustainable, we think globally while acting locally. Are you looking for an opportunity to join a diverse group of professionals who are committed to remaining exceptional? We look forward to hearing from you.

As part of our Shared Services group, comprised of Finance, Marketing, Communications, Human Resources, Commercial, Legal and Facilities, we support the business achieve their goals through a range of strong technical capabilities. We ensure delivery of services through the skills of our people, methodologies, and systems.

This is a Senior Analyst role, to participate in major project analysis and reporting across the company’s global major project portfolio reviewing and reporting on a variety of project issues from a corporate finance oversight objective. In collaboration with cross-functional teams, the role will work with and report to the Project Reporting Manager, Global Finance to help ensure adherence to company governance requirements, as well as analyse certain project information from a finance/accounting perspective, including application of proper revenue recognition and project financial risk and opportunities analysis and reporting, among others.

Project Reporting:

The Senior Analyst will participate in corporate reviews and reporting of global major projects, including:

• Learn and gain a deep understanding of the company corporate finance and project operational systems and procedures as they apply to projects
• Help maintain, develop and refine project reporting tools and templates, currently primarily excel based
• Assist in various project reviews, using corporate financial systems and tools as well as in collaboration with other corporate teams, business unit management, and project management
• Help in reporting of results of global major project reviews
• Assist and help coordinate information around global major projects for the annual external financial statement audit
• Other duties that may arise

In addition to the Project Reporting role, the Senior Analyst will also lead the joint venture accounting for a recently awarded major infrastructure project. There are two related joint ventures that each have three partners.

Project/Joint Venture (JV) Accounting:

The Senior Analyst will be very hands-on as part of the project team to handle the Project/JV accounting and invoicing of a large project from project set-up to running the full JV accounting and reporting, and ensure proper collaboration with joint venture partners, project management, project controls and commercial groups, and various areas of corporate finance, accounting and systems.

• Understand the JV agreement in areas of project financial management and accounting to properly execute contractual deliverables
• Understand corporate financial systems (SAP) and company procedures to help facilitate project execution of the JV accounting deliverables
• Collaborate with project and corporate teams of both JV partners to ensure proper data capture into the JV systems for project invoicing, profit distribution, payments and financial reporting
• Execute the JV accounting in accordance with IFRS standards and corporate policies, treating the JV as a separate company with its own general ledger, receivables, payables, balance sheet, income statement, etc.
• Prepare monthly financial statements for distribution to JV Executive Committee members, and corporate teams
• Prepare various project analysis that support the project and corporate teams understand their share participation and expected fees as part of the monthly financial reporting

Qualifications:

• Bachelor’s degree in accounting or finance or other relevant disciplines
• Preferably a recognized accounting designation (e.g. CPA/CA/CMA/CGA) and/or AACE cost control certification (CCP)
• Minimum 10 years of relevant experience, preferably in engineering and construction company environments
• Extensive exposure and/or experience in project accounting, project financial controls and reporting, commercial/contract review and analysis in lumpsum and turnkey projects, cost reimbursables and fixed priced projects, consortium and alliance contracts, design-build and multinational joint venture projects.
• Good oral and written communication skills
• Proficient computer skills: Company reporting systems (SAP) and other standard MS Office tools
• Advanced level Excel skills (Power BI – good to have)
• Analytical and problem-solving skills to conduct comprehensive financial analysis, assessment and evaluation of projects and to identify potentially contentious issues and over-runs that may expose the company to financial risks
• Knowledge and/or experience in project accounting, analysis, controllership, risk management and reporting best practices in large, complex multi-billion-dollar projects in mining, metals, infrastructure and energy environments.
• Knowledge and/or exposure to the complexities of project invoicing, outstanding billed and unbilled reporting etc.
• Knowledge of/or curiosity to learn project management and cost management cycles (cost baseline, variance analysis, forecasting EAC, contingencies and reserves etc.), to help understand projects better in project reviews.
• Self starter that has good attention to detail

Base salary range: $71,000 - $121,000

At Hatch, we are committed to fair and equitable compensation practices. In accordance with legislated pay transparency requirements, the expected salary range for this position is based on current market data and aligned with internal pay structures to ensure consistency and fairness.

Your individual compensation within this range will depend on factors such as skills, experience, qualifications and location. In addition to base pay, our total rewards package may include performance-based incentives, comprehensive benefits, and other programs designed to support your well-being and growth.

Why join us?

• Work with great people to make a difference
• Collaborate on exciting projects to develop innovative solutions
• Top employer

What we offer you?

• Flexible work environment
• Long term career development
• Think globally, work locally

Don't meet every single requirement? You don't need to. At Hatch, we are building a diverse, inclusive workplace that fosters innovation. If you're interested in this role, we encourage you to apply even if your past experiences don't perfectly align with the skills we've listed.

We're committed to fostering a workforce that reflects the diversity of the communities in which we operate and serve. Hatch is an Equal Opportunity Employer that considers applicants without regard to age, race, color, national origin, citizenship, religion, creed, gender, sexual orientation, marital status, disability, veteran, or any other protected status. If you have any accommodation requirements, please let us know. We'll do our best to meet your needs in accordance with applicable local legislation.