Project Accountant - Future Opportunity - (37215)
To submit your résumé/CV, click on the 'Submit your Résumé/CV to this Job' button. Or if you have a friend that would be interested in this position, you can send this job to him/her using the 'Send Job to a Friend' button.
Project Accountant - Future Opportunity
Construction/Completions, Finance, Operations & Maintenance/Trades
Location of Job
Edmonton, AB T6H5R7 CA (Primary)
WorleyParsonsCord Ltd., the construction division of WorleyParsons specializes in the construction and/or design of conventional oil and gas facilities, oil sands and heavy oil facilities, petrochemical plants and thermal power plants. As a fully integrated EPC and general contractor, WorleyParsonsCord Ltd. Is dedicated to safety, quality workmanship and fiscal accountability
Please note: This individual may be expected to work in a site based role.
Owns the set up and maintenance of projects in the business system in accordance with accounting policies; establishes and maintains pricing schedules, customer details, payment plans, invoicing calendars, and multicurrency billing.
Interprets contract terms and conditions and builds commercial terms into project set ups to ensure maximum profitability.
Ensures contractual and joint venture operating agreement compliance and participates in audits and resolution activities.
Reviews WIP reports and conducts WIP review meetings with Project Managers to ensure timely billing.
Reviews project transaction documents and accounts for accuracy and completeness, including sub-charges, data sheets, time reports, expenses, subcontractor invoices, etc.
Produces or directs Billing Coordinators in the production of customer invoices, credit notes, and back up documentation.
Reviews draft invoices for accuracy prior to submitting for Project Manager approval.
Ensures billings do not exceed approved budget limits and works with Project Managers and Project Controls to resolve issues.
Challenges the financial and commercial health of projects during regular project reviews with operations.
Performs weekly review of project revenue recognition in business system; takes action on projects not generating revenue.
Produces and analyzes trend and variance reports as needed.
Ensures project profitability is maximized for the project.
Identifies areas of potential project gross margin improvement; ensures accurate recovery of all costs as defined in the contract and ensures non-billable costs are minimized.
Gathers project accruals and provisions information as needed.
Works closely with Project Controls and sub-regional Finance to produce monthly reports and estimates.
Works closely with project operations, controls and billing coordinators to improve project administration processes and effectiveness.
Reviews DSO reports and assists in the development of corrective action plans.
Works directly with customers to ensure invoices have been received, approved, and actioned.
Provides regular invoice status updates to Project Managers.
Construction industry project accounting experience is an asset
Relevant undergraduate degree / diploma with a minimum of 3-5 years experience in a project accounting function
CMA or CGA designation or nearing completion
Technical and analytical accounting skills
Understanding of GAAP and IFRS
Maintains the highest professional ethics and standards
Project size, complexity, and/or risk increases with each level in the Project Accounting roles
Engineering and construction project knowledge
Consulting projects/processes knowledge a plus
Familiar with ERP and BI environments, specifically Oracle and Hyperion a plus
Advanced Excel skills
Interpersonal: Builds appropriate, constructive, and effective business relationships throughout the organization; uses diplomacy and tact; is approachable; communicates clearly, accurately, and consistently both verbally and in written matters. Employs the principles of active listening and encourages feedback from others.
Action Orientation: Achieves results set by self and others, meets and exceeds timelines, pushes to achieve stretch goals, and demonstrates enthusiasm, persistence and tenacity. Breaks down work into executable tasks.
Customer Focus - Commits to building enduring relationships and delivering optimal customer solutions. Effectively meets internal customer needs, builds proactive relationships and takes responsibility for customer satisfaction and loyalty.
Intellectual Capacity - Deals with new concepts and complexity comfortably. Examines problems carefully and thoroughly and understands their interdependencies. Can pull information and ideas from many sources and see the importance of many factors
WorleyParsons strives to be an industry leader in health, safety and environmental performance. Our vision is to achieve zero harm to people and assets, and zero environmental incidents. We select people who share our values, beliefs and commitment to this vision and who demonstrate the expected behaviors, competencies and performance associated with their perspective roles with the company.
** Please note: Only WorleyParsons / TEAMCO Employees and contractors are eligible for the Referral Reward Program.
Required Candidate Status
CA.Cord - Level 2 - 1000
Award level 2 for $1000