Accessibility Links
  • Job reference: RMS0142882

Project Accountant

  • Sector: Power & Energy
  • Location: St. John's
  • Job type: Contract
  • Date posted: 03/06/2014
  • Time left:
    d h m s
    (10/06/14)
This vacancy has now expired.
Send jobs like this to my email    What's this?
The Company:
Our client, a diverse Canadian Energy Company, plans new developments estimated at $12+ Billion over the next 5 years.

This position is open to Canadian Citizens and Permanent Residents only. Residents of Newfoundland & Labrador will be given first consideration for this position.

The Role:
As the Project Accountant you will direct and maintain the AP function for the Project.

PRINCIPAL ACTIVITIES, DUTIES AND RESPONSIBILITIES:
• Coordinate the AP function, including AP staff leadership and guidance.
• Document, implement, and maintain AP processes, controls and procedures.
• Coordinate month and year end AP activities including the preparation of month-end accruals and ensure established cut-off times are met.
• Direct processing of Contractor invoices and ensure timely resolution of outstanding issues in compliance with commercial agreements.
• Participate as necessary with Contractors and Project Management Team (PMT) members in the resolving of invoicing issues to ensure acceptable resolution.
• Review AP transactions for quality assurance prior to be being forwarded for input and payment in the project accounting system. Review includes:
o Coding accuracy;
o Appropriate invoice approvals;
o Review of tax issues — HST/Non Resident Withholding Tax;
o Review of invoice adjustments; and
o Ensure appropriate funding is available to process invoice.
o Any other reviews and/or checks that may be warranted from time to time
• Liaise with Corporate AP on matters affecting Project AP. Interface with Project departments on issues that impact AP including:
o Queries from Project staff (employees) on issues such as Purchase Cards, payroll timesheets, travel expenditures and compliance with corporate policies and procedures; and
o Queries from Project PMT members on coding issues.
• Implement and maintain procedures for cash and currency forecasts, including preparing Fund Requests for various project entities and monitoring fund availability to facilitate payment of Contractor invoices.
• Direct reconciliation of all corporate charges to the Project.
• Direct reconciliation of holdback accounts between the project cost control systems and the project accounting system.
• Process and reconcile funding and invoicing activities associated with community consultation agreements for aboriginal groups.
• Oversee the reconciliation of Air Canada flight pass purchases; oversee general application, quarterly analysis and reconciliation of use of passes, and preparation of Journal Entry for allocation of cost.
• Review, reconciliation and sign-off of AP audit confirmations for Contractor balances, as required.
• Accountable for the integrity of the electronic exchange of invoice data between the project cost control system and the project accounting system.
• Monitor the effectiveness of the Contractors Payment Certificate submissions.
• Liaison with project staff to ensure proper application of Payment Certificate and invoicing procedures.
• Follow-up on late PCard submissions by Project staff.
• Provide business support to the PMT as deemed necessary.
• Oversee the assignment of work to Cost Analysts to ensure that it is balanced and resources are effectively deployed.
• Oversee the compilation of Key Performance Indicator (KPI) reports as it relates to the Accounts Payable function.
• Oversee the delivery of invoicing requirement presentations to Contractors at kick-off meetings.
• Perform invoice attest as deemed necessary.

Essential Skills / Qualifications:
ACADEMIC QUALIFICATIONS:
• Undergraduate degree in business
• Professional accounting designation

RELEVANT WORK EXPERIENCE AND REQUIRED COMPETENCIES:
• 5 to 10 years' experience in the accounting field (with AP emphasis).
• Leadership experience.
• A good understanding of contract structure, particularly compensation and invoicing and the ability to effectively apply that knowledge in guiding AP staff and ensuring contract compliance in the invoice attest process.
• Working knowledge of JD Edwards is desirable.
• Advanced knowledge of Project Controls functions would be an asset.
• Advanced working knowledge of Microsoft Excel is desirable.
• Experience developing AP procedures.
Similar jobs
Yasmine Al-Noah
Electrical Design Engineer Location St. Neots, Cambridgeshire Duration 12 months The Role: Our client is seeking an Electrical Design...

Back to Top

By clicking "Save" you consent to
receiving matching jobs based on the
job/page you are viewing by email from
Fircroft, as detailed in our privacy policy
Fircroft would like to keep you up to date with our current vacancies and latest company updates via email. Occasionally Fircrofts marketing may contain 3rd party or affiliate information, however we will not share your personal data with any 3rd parties without your consent. From time to time, we might contact you to get your views on the service you have received. To help you get the best out of Fircroft, we may personalise them based on your location and how you use fircroft.com
Fircroft would like to keep you up to date with the latest company updates and vacancies via SMS / Text messages
Your consent options above means that Fircroft cannot contact you about any new or alternative career vacancies. If you want Fircroft to only contact you about the role(s) you have applied for please continue, however if you would like to be considered for other positions please allow us to contact you by changing one or more of the above consent.