Our Transmission and Substation groups are currently looking to add Project Accountant(s) to our growing team, based in Edmonton or Calgary, AB.
Reporting to the Project Controller, we are seeking experienced accounting professionals with strong foundations in project-based accounting to provide operational cost control and financial support across a portfolio of projects. These positions are involved in the full project lifecycle — from setup through closeout — ensuring all costs are accurately tracked, recorded, and reported while supporting billing, forecasting, and change management activities.
Duties and Responsibilities
Project Setup & Cost Tracking
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Coordinate the setup of new projects including WBS structure and cost code configuration to ensure accurate financial tracking from day one
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Track and monitor project costs on a weekly, monthly, and quarterly basis, pulling data from Ecosys and JDE to ensure completeness and accuracy of all costs that need to be captured and recorded
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Prepare cash position reports, reviewing work completed against costs recorded to support an accurate picture of project financial status at any point in time
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Review and correct cost coding discrepancies; reconcile project costs and support analysis of project profitability, performance, and KPI reporting
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Reconcile cost, commitment, and revenue data between JDE and EcoSys; investigate and resolve variances
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Ensure proper application of GST/HST/PST tax on project transactions
Billing & Revenue
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Support the billing process by compiling total billable amounts based on contract terms, schedule of values, and work completed to date; coordinate with Corporate AR who generates and uploads client invoices
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Track billing information, maintain accounts receivable visibility, and flag discrepancies or outstanding items to the Project Controller
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Track holdback release timing relative to contractual guidelines
Month-End & Accruals
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Organize and facilitate month-end cost accrual meetings with Project Managers, buyers, and receivers to gather and enter cost accrual information
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Compile and process accruals for all project costs, ensuring completeness of recorded costs at period end; record financial transactions through journal entries
Change Orders & Forecasting
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Track approved and unapproved change orders, upload budget revisions into JDE, and ensure contract values are current and accurately reflected in the system
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Contribute to financial forecasting activities and assist the Project Controller with estimate-to-complete analysis
Subcontractor Management
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Verify and administer subcontractor contracts and invoices; provide support and oversight for AP and AR functions as needed
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Track subcontractor commitment values against budgeted subcontract scope; flag overruns to the Project Controller
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Process subcontractor back-charges with proper coding to the responsible cost code
General
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Compile and organize documentation for internal and external audits
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Manage the financial closeout process for completed projects
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Undertake special projects and ad hoc analyses using Excel as required
Requirements
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Post-Secondary education in Finance, Accounting, or Business Administration
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3 years of project-based accounting experience
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an equivalent combination of relevant education and experience may be considered
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Advanced proficiency in Microsoft Excel, including data analysis and reporting
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Proven knowledge of accrual-based accounting
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Understanding of construction revenue recognition principles
Preferred Skills / Qualifications
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Previous experience in the construction or utility industry
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Experience with EcoSys, JD Edwards, Hubble, or similar accounting and project controls’ platforms
Benefits
We offer a comprehensive and competitive total rewards package that incorporates a complete range of employee benefits, including a 5% RRSP matching program, to ensure you have the tools necessary to manage, maintain, and improve your health and wellbeing.
About our Business
Valard Construction is Canada’s premier utility contractor providing comprehensive EPC+ (engineering, procurement, construction) and maintenance services to utilities, independent power producers, mining, oil and gas industries and rural electric associations. We have the capabilities, knowledge, and resources to take on any project, any size, any complexity, anywhere. We are also part of Quanta Services, the largest electrical power contractor in North America.
Valard Construction is an equal opportunity employer.
Learn more
Visit us at www.valard.com and connect with us on our social media channels for our latest news, employee stories, community activities, and other updates.
- Depending on qualifications, the successful candidate may be offered a position at a more appropriate level.
- Applicants must have legal authorization to work in Canada with no restrictions.
- Valard Construction is committed to providing employment opportunities to all qualified individuals, without regard to race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. Accommodation for applicants with disabilities is available on request during the recruitment process.
- We do not use automated tools to screen applications. All hiring decisions involve human review. This job posting is for an existing vacancy.
