Project Accountant

About The Company

Mattina Mechanical Limited (MML), headquartered in Hamilton, Ontario, is a privately owned, premier mechanical contracting firm recognized for delivering complex, high‑impact projects across institutional, commercial, industrial and mid‑high‑rise residential sectors. Renowned for precision, reliability, and an unwavering commitment to safety and quality, MML combines technical expertise with innovative solutions to exceed client expectations. The company’s growth is fueled by operational excellence, forward‑thinking strategies, and a culture that champions collaboration, integrity, and continuous development of its people.

MML proudly operates as an open shop contractor, maintaining a workplace where opportunity is based on performance, skill, and commitment. The company values employee choice, respect, and fairness while fostering a unified culture built on teamwork, transparency and shared success.

The Project Accountant reports to the Director of Finance and Accounting and is responsible for managing the financial performance of multiple construction projects, partnering with Project Managers to ensure accurate reporting, effective cost control, and timely billing throughout the project lifecycle.

• Partner with Project Managers (PMs) and Project Coordinators (PCs) to develop, maintain, and update project budgets within the financial system.
• Monitor project costs, forecasts, billings, margins, and cash flow throughout the lifecycle.
• Review and validate project costs to ensure accuracy and compliance with contract terms.

• Manage the day‑to‑day project accounting activities for multiple concurrent construction projects.
• Prepare and analyze monthly, quarterly, and annual project and work order financial reports.
• Participate in monthly project reviews with PMs and PCs, providing financial insights and identifying risks and opportunities.
• Prepare variance analysis on project costs and gross margins.
• Support the work‑in‑progress (WIP) and percentage‑of‑completion reporting.
• Forecast financial performance of projects based on current trends and future projections.
• Prepare and review project reconciliations, accruals, and revenue recognition entries.

• Prepare and review client billings, including progress draws, change orders, and holdbacks in the financial system.
• Coordinate with Project Managers and Coordinators on all billing activities.
• Review subcontractor invoices for accuracy, approval, and contract compliance.
• Maintain the company AR aging report, and initiate collection efforts.
• Reconcile incoming payments.

• Maintain accurate and audit‑ready project documentation.
• Manage change orders, including financial system entry and reconciliation with approved customer changes.
• Coordinate contract documentation, including statutory declarations and WSIB clearance certificates.
• Support communication with project teams on contract modifications and approvals.
• Perform ad‑hoc financial analysis and special projects, as required.

• 5–7 years accounting experience in the construction industry.
• Strong understanding of project accounting concepts, including WIP and percentage‑of‑completion.
• Experience with contract billing, including progress draws and change orders.
• Advanced Excel skills and experience with accounting/ERP systems.
• Strong analytical and problem‑solving abilities.
• Excellent communication and interpersonal skills.
• Ability to manage multiple priorities and meet tight deadlines.
• Post‑secondary education in accounting, finance, or a related field (or in progress).

• Long‑term project pipeline and strong financial stability
• Competitive compensation and bonus program
• Employer RRSP contributions
• Comprehensive benefits through MERIT Ontario
• Open shop contractor, offering a collaborative, flexible, and team‑oriented work environment
• Friendly, family‑oriented workplace culture
• Continuing education and professional development opportunities
• Fully insured and bonded employer
• Strong commitment to health and safety, with an exemplary WSIB record

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