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Project Accountant
Project AccountantStafflink • Vancouver, BC
Project Accountant

Project Accountant

Stafflink • Vancouver, BC
30+ days ago
Job type
  • Full-time
Job description

Job Description

We are seeking a highly motivated Project Accountant to join our client's team in Vancouver.

Candidates must be eligible to work in Canada.

Responsibilities:
  • Track and allocate project costs, including labor, materials, and overhead.
  • Work with project managers to ensure accurate and timely recording of expenses.
  • Monitor and analyze cost variances to identify and address any discrepancies.
  • Assist in the development of project budgets in collaboration with project managers.
  • Provide financial insights and support during the budgeting and forecasting processes.
  • Monitor actual expenses against budgeted amounts and investigate and explain any variances.
  • Prepare regular financial reports for individual projects, providing key performance indicators and financial metrics.
  • Communicate financial information to project managers and other stakeholders.
  • Generate customized reports as needed for project analysis and decision-making.
  • Prepare and submit accurate and timely project invoices to clients based on contractual terms.
  • Coordinate with project managers to ensure that all billable items are captured and address any billing discrepancies and facilitate prompt resolution.
  • Review project contracts and agreements to understand financial implications.
  • Monitor compliance with contractual terms related to billing, payment, and reporting.
  • Review and verify vendor invoices for accuracy, and schedule and process vendor payments promptly.
  • Conduct financial analysis on projects to identify trends, areas for improvement, and potential risks.
  • Provide insights into the financial health of individual projects and the overall business.
  • Assist in the preparation for external and internal audits related to project finances.
Qualifications:
  • Bachelor's degree in Accounting, Finance, or related field.
  • At least 2-6 years of previous related experience in project controlling/billing within the real estate or construction industry.
  • Possess knowledge and understanding of standard contract terms, including hourly, lump sum, and not-to-exceed, and how they are applied in the billing process and from a risk perspective
  • Strong understanding of construction accounting principles and project cost management.
  • Proficiency in financial modeling, budgeting, and forecasting for development projects.
  • Excellent analytical skills with the ability to monitor and report on financial performance.
  • Strong communication and interpersonal skills, capable of collaborating with project managers and stakeholders.
  • Detail-oriented with exceptional organizational skills and the ability to manage multiple projects simultaneously.
  • Proficient in accounting software and Microsoft Excel; experience with ERP systems is a plus.
  • Have high attention to detail with comprehensive technical, interpersonal, organizational, and time management skills
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Project Accountant • Vancouver, BC

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