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Project Accountant (Pool for Waterloo, ON)

Company: Stantec Inc.
Location: Ontario
Posted on: November 22, 2021

Job Description:

Project Accountant (Pool for Waterloo, ON) - ( 2100027I ) Description Grow with the best. Join a smart, creative, and inspired team that works behind the scenes to support operational excellence. Our functional services teams (FSTs) provide services to 22,000 employees in over 400 locations worldwide. Bringing together individuals with diverse backgrounds, talents, and expertise, our FSTs are vital to making our Company stronger. Explore opportunities in Financial Services. Your Opportunity Take the first step towards designing your career with Stantec. We have an exciting opportunity for you to join our team as a Project Accountant (PA). Reporting to a Project Accounting Lead (PAL), in this role you will be responsible for overall financial management of projects throughout their lifecycle by ensuring proper set up, maintenance, invoicing and project closure in accordance with the contractual requirements and with Stantec's controls, policies and practices. Your Key Responsibilities * Financial management of a portfolio of projects assigned by the Project Accounting Lead (PAL). * Provide excellent customer service and a customer-centric focus, while providing a quality of work that consistently meets or exceeds expectations. * Build strong relationships with and serve as a trusted advisor to our internal business partners including Project Managers (PM) and Project Manager Assistants (PMA). * Build and maintain relationships with other Project Accountants and other Financial Service Team (FST) members, including Finance Managers, Accounts Payable and Accounts Receivable, to ensure collaborative teamwork. * Independently organize and prioritize workload to ensure timely completion of deliverables. Escalate concerns/issues to PAL as required. * Implement process or procedural changes identified and rolled out by management. * Collaborate with PM and PMA to recommend an appropriate work breakdown structure (WBS) that will enhance reporting and invoicing requirements. * Evaluate project setup and budget change documentation, including client contract and information provided by the PM or PMA to ensure compliance with contractual requirements, internal Stantec controls and International Financial Reporting Standards (IFRS). This includes review of contracts/agreements for proper fiscal authority, invoicing requirements, variable revenue, or unusual contract terms. * Ensure projects are setup in Oracle with the correct client approved value, billing rates and other variables required to ensure proper revenue recognition per Stantec policy. * Collaborate with PM and PMAs to generate, finalize and issue client invoices, ensuring accuracy and compliance with the contractual terms for each project. * Collaborate with Stantec's RNet finance team in Pune, India to ensure timely delivery and accurate completion of tasks they support. * Partner with PMs to perform ad hoc functions as requested such as subcontract tracking, preparing progress reports, managing client audits, financial analysis, write offs, monitoring accounts receivable aging and supporting collection of invoice payments, etc. * Monthly review of budget fee reporting to ensure the accuracy of work in progress (WIP) and deferred revenue on assigned projects. * Provide explanation for significant aged WIP to ensure transparency to operations management. * Ensure project close out procedures are completed timely. * Prepare internal and external audit support packages and respond to inquiries from PA Leadership and Financial Managers. * Contribute to the project accounting self-audit program designed to test internal controls. * Partner with PMs to ensure the custom rates and maintenance (CRAM) process is complete and rate tables and billing terms are updated in a timely manner. * Manage the pay when collected (PWC) process to ensure subcontractors receive timely payment per their contractual terms. * Ensure all assigned functions are carried out in compliance with approved policies, key controls, and standard practices. Qualifications Your Capabilities and Credentials * General accounting knowledge obtained through experience and/or education * Excellent problem solving skills * Excellent customer service and communication skills (written and oral) * Strong attention to detail * Strong organizational skills * Ability to proactively prioritize workload demands * Able to build and foster excellent working relationships * Adaptability and willingness to embrace change * Ability to identify potential implications of actions to mitigate downstream financial impacts. * Basic Microsoft Excel skills required with an intermediate level understanding preferred * Basic understanding of IFRS 15 and Sarbanes Oxley concepts are preferred * Knowledge of general contracting practices preferred Education and Experience Post-secondary degree in Accounting or a related field preferred; An equivalent combination of education and experience in a related field may substitute for education only. This position will primarily work in an office environment working with computers and remaining sedentary for long periods of time. This description is not a comprehensive listing of activities, duties or responsibilities that may be required of the employee and other duties, responsibilities and activities may be assigned or may be changed at any time with or without notice. Stantec is a place where the best and brightest come to build on each others' talents, do exciting work, and make an impact on the world around us. Join us and redefine your personal best. Primary Location : Canada-Ontario-Waterloo Job : Finance Project Administration Organization : BC-1255 Financial Services-Project Accounting-CA Employee Status : Regular Job Level : Individual Contributor Travel : No Schedule : Full-time Job Posting : Sep 23, 2021, 10:01:14 AM Req ID: 2100027I Stantec provides equal employment opportunities to all qualified employees and applicants for future and current employment and prohibit discrimination on the grounds of race, color, religion, sex, national origin, age, marital status, genetic information, disability, protected veteran status, sexual orientation, gender identity or gender expression. We prohibit discrimination in decisions concerning recruitment, hiring, referral, promotion, compensation, fringe benefits, job training, terminations or any other condition of employment. Stantec is in compliance with local, state and federal laws and regulations and ensures equitable opportunities in all aspects of employment. EEO including Disability/Protected Veterans

Keywords: Stantec Inc., Ontario , Project Accountant (Pool for Waterloo, ON), Accounting, Auditing , Ontario, California

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