Project Accountant

Role Summary

Modern Niagara is currently hiring for a Project Accountant to oversee and manage a large hospital build project in Ottawa. The mission of the Project Accountant is to co-ordinate and oversee all daily accounting processes for the assigned project, to ensure they are carried out efficiently, effectively and within established timelines. This will be an on-site role dealing directly with the Operations team daily, with an indirect reporting to Finance structure.

Modern Niagara is currently hiring for a Project Accountant to oversee and manage a large hospital build project in Ottawa. The mission of the Project Accountant is to co-ordinate and oversee all daily accounting processes for the assigned project, to ensure they are carried out efficiently, effectively and within established timelines. This will be an on-site role dealing directly with the Operations team daily, with an indirect reporting to Finance structure.

The Project Accountant is essential to ensuring the financial health, accuracy, and operational success of construction projects, where margins are tight and financial decisions must be based on timely, reliable data. By forecasting future costs, validating project assumptions, analyzing variances, and identifying financial risks, this role provides the organization with the clarity needed to make strategic decisions and prevent financial surprises.

Their work strengthens project controls, enhances audit readiness, supports compliance with contract and accounting standards, and ensures leadership has accurate, actionable insights every month. As a trusted advisor to project managers and senior management, the Project Accountant helps bridge the gap between field operations and financial strategy, ultimately contributing to profitable project delivery and long‑term organizational success.

• Strengthen financial predictability and project performance
• Improve cost control and risk management across projects
• Enable strong compliance, reporting quality, and operational decision‑making

• Collaborate with project managers to develop project spend plans.
• Provide support to Operations by analyzing monthly results, monitoring variances, identifying trends, and recommending actions to the management team.
• Work with the project team to ensure regular project reviews and that planned costs to complete and forecast at completion are validated and updated and that all financial issues relating to revenues, forecast, and profitability are addressed monthly.
• Challenges the financial and commercial health of projects during regular project reviews with operations.
• Identify opportunities to provide value to the Project and Leadership teams through a deep understanding of the project and business requirements.
• Assess the financial risks and opportunity of projects and participate in updating the risk list. Recommend corrective actions to mitigate potential risk.
• Ad hoc analysis as required including labour and material forecasting.

• Maintain detailed records of project costs, including materials, labor, equipment, and subcontractor expenses.
• Review and verify invoices, purchase orders, and receipts for accuracy.
• Analyze cost data to identify cost‑saving opportunities.
• Collaborate with project managers to identify financial risks and ensure proactive management of those risks.
• Track and report on key financial performance indicators (KPIs).

• Generate financial reports, including profit and loss statements, cash flow analysis, and project financial summaries.
• Provide regular financial updates to project managers and senior management.
• Support…