Accounting Assistant

Position Objective

The Accounting assistant is responsible for the accounting and administrative support for various construction projects, from project startup through final closeout. This Project Accountant is responsible for the overall project accounting including, but not limited to, the processing of subcontractor and general conditions invoices, job costing, lien waiver tracking, and the preparation of monthly pay applications. In this role, you will be responsible for tracking the expenses such as time, material, labor and other costs incurred in the project against revenue/profitability;

to assist in making financial decisions. You will also analyze financial information, compile reports, and be involved in the annual budget and forecasting process.

• Provide financial leadership on a major project while responsible for recording day-to-day financial activity including general ledger activity for Financial Statement creation and monthly reconciliations
• Responsible for entering all project-related information into the accounting system to ensure timely and accurate job cost information. This includes owner and subcontractor change orders, owner billings, budget transfers, subcontractor pay requirements and project invoices.
• Managing the general accounting for an off-site, satellite office
• Work with across all Project/Operations/Engineering teams to understand project costs
• Continuously evaluate existing financial processes and workflows to identify areas of improvements
• Works closely with the Project Managers in preparing and maintaining project budgets
• Assist in the preparation of monthly forecasts
• Responsible for month-end closing and reporting, including bank reconciliations
• Responsible for preparing cash flow/revenue projections
• Prepares and analyzes operating and financial reports on a monthly basis
• Assists the Project Managers in preparing progress invoices, change order preparation, and sub-contractor management
• Strong knowledge in Accounts Payable & Accounts Receivable
• Process all project invoices
• Track and manage holdback
• Create and submit government reports
• Report to management on available funding for projects
• Use accounting system for Project setups, account creation, budget updates
• Support and assist with year-end close
• Performs other duties as assigned

• 2 plus years accounting experience in either real estate development or construction industry
• Bachelor/College degree in finance or accounting
• Strong Knowledge in Accounts Payable and Accounts Receivable
• Working knowledge of percentage-of-completion accounting for construction contracts preferred
• Strong Accounting Software skill (Quick Book)
• Advance Excel skills (testing required)
• Strong written and verbal communication skill
• Previous leadership experience considered an asset

• English
• Mandarin (Must)

Intermediate level

Full-time (Mon – Fri: 9:00 am to 5:30 pm)

Head office, Markham, ON

Negotiated in-person or based on experience