All responsibilities related to FAM 2 apply to projects of medium complexity.
Monitors and approves the daily / weekly / monthly / yearly accounting functions such as accounts payable, accounts receivable, payroll, and others as required, in accordance with legislative, contract terms, and PCL policy and procedures.
Assists the accounting manager or field business manager with the implementation and monitoring for adherence to district / company administration and accounting policies and procedures to ensure continued effectiveness at the project level.
Reviews and analyzes all project adjustments, submissions, and reports and ensures they are completed in a timely manner. Follows up and manages any issues, problems, or discrepancies.
Provides various ad hoc reports and analysis, then presents information to accounting manager, field business manager and / or project team.
Prepares, reviews, and analyzes all month-end and year-end project reporting. Raises any issues, problems, or discrepancies with accounting manager and / or field business manager.
Assists with assembling information for internal financial reporting requirements (e.g., MOR, DRM / year-end) and external financial reporting requirements (e.g., government agencies, taxes).
Prepares bank deposits and / or monthly reconciliations and prepares subsequent cash receipt entries where required
Responsible for ensuring that all required documentation, including insurance, bonding, SDI, workers compensation, statutory declarations, and lien waivers is in place and renewed accordingly.
Works closely with the project team members to provide general guidance and expertise on contract / subcontracts, including interpretation of contract / subcontract documents.
Qualifications
Undergraduate degree or diploma in a related discipline.
Active pursuit of accounting designation an asset.
3 to 5 years of progressive experience with direct project administration and accounting in the construction or a related industry preferred. On-site project experience an asset.
Intermediate construction knowledge; understands general construction terms and processes.
Advanced knowledge and understanding of full-cycle accounting, with the ability to teach and mentor more junior staff.
Advanced understanding of accounting principles, including maintenance of ledgers and cash-flows, with ability to analyze and recommend potential strategies.
Intermediate understanding of project forecasting and budgeting.
Intermediate knowledge of project costing principles, recoveries, insurance, and contract / subcontract requirements as related to accounting.
Understands and complies with all labor agreements, government legislation, and PCL policies and procedures. Intermediate knowledge of government legislation regarding accounting and applicable generally accepted accounting practices and standards.
Understanding of Lean principles and process improvement.
Basic knowledge of bid and contract securities and insurance as they relate to risk management, claims management, pricing, and accounting.
Intermediate understanding of subcontract PO terms, including insurance and subcontractor default insurance (SDI) and bonding requirements.
Basic ability to explain and negotiate subcontract terms and conditions.
Intermediate understanding of owner contracts as they relate to payment terms, billing requirements, audit rights, and cost-of-work definition, insurance, and bonding.