Company Description
This position may be based in any Chandos office.
We are Chandos
Inclusion, collaboration, innovation and courage.
These values speak to our desire to create places where all people belong, listening and learning from one another in a way that sparks ideas and leads to positive changes in our industry and community. They also demonstrate our commitment to a diverse, equitable, and inclusive culture. And, if they resonate with you too, we should talk!
We are 100 percent employee owned and proud to be the first and largest B Corp certified national technical builder in North America, meaning we put our values at the centre of everything we do.
Continuous improvement is core to our success. Championing innovative and collaborative ways to build is just one example of that. Collaborative construction leads to more efficiency, cost savings, social value, and a much better working experience for everyone.
Every day, our teams are working to build places for people to live, work, learn, serve, and play. But above all, we’re building community. And, we’re looking for like-minded people to join us. Together, we can build a better world.
Job Description
The project accountant is responsible for handling project billings, client questions and inquiries. They provide financial administration support for complex cost plus and IPD projects, ensuring accuracy of accounting functions, controls and reports.
Roles and responsibilities
Review contracts and attend project startup meetings to gain a thorough understanding of the billing setup on the project
Set up project billing templates in accordance with the contract to ensure that all recoverable costs are accurately captured within the billing
Prepare monthly project billings and meet with the Project Manager to review issues identified
Prepare billing audits on cost plus projects to ensure costs are accurately captured
Identify areas of the billing which can be used to maximize recoverable allowances
Complete job cost adjustments as needed to correct billing issues and align with contract requirements
Follow up on overdue billings bringing to the attention of the Project Director and working with them to prepare interest invoices as needed
Track builders’ lien rights on projects ensuring the period does not pass prior to payment being received, escalate as needed to the District Manager and Controller
Ensure project compliance with Prompt Payment legislation, coordinating with the Project Manager and Accounts Payable team to ensure all subtrades are paid on time
Manage pay when paid payment terms by directing the Accounts Payable team to make subcontractor payments, upon receipt of payment from the customer
Work closely with the Accounts Payable team to ensure costs are entered and approved in a timely manner
Oversee all subcontractor invoices, ensuring compliance to contract terms and conditions
Manage financial risk by overseeing the payment controls of subcontract payments (WCB, insurance, contracts, bonds, pay when/if paid terms).
Oversee the preparation of weekly payment files for processing
Prepare monthly accruals, reviewing invoices with Project Managers for accuracy and following up on changes that are needed
Oversee managing all trade discounts to ensure they are processed accurately and in a timely manner
Ability to mentor members on the billing and AP teams and be the main resource for the billing team with complex IPD and CM projects
Review cost report and monthly project status report for accuracy and identify large discrepancies in budget v. actuals ahead of forecasting and assist project team with forecasting prep
Monitor and ensure compliance with Chandos processes/policies.
Travel to site for or attend virtual big room meetings with clients and partners
Assist with the setup of JV projects
Perform other duties as requested by the Accounts Receivable Supervisor.
Qualifications
Diploma in Accounting
4 year university degree in Business/Finance in progress or completed is an asset
5+ years of experience in Accounts Payable or Accounts Receivable
Experience in the construction industry is an asset
Computer literate, with effective working skills in Microsoft Word, Excel and Outlook.
Additional Information
Chandos is an equal opportunity employer and we are committed to a diverse, equitable, and inclusive culture and this includes our recruitment and hiring process.
We recognize that our differences are our greatest strengths. We uncover talent. We nurture talent. And then we give people the tools they need to use their talent to create a positive impact.
We are 100% employee owned. Every person who works for Chandos can become an owner. There is only one class of units at Chandos, because we believe everyone should be treated equal. We talk about being an entrepreneurial-minded organization and you can be sure we mean it!
Competitive wages
Well rounded employer paid benefits program including health, dental, vision care and employee assistance program
RRSP matching program to aid and prepare employees for long-term financial security
Educational assistance for employees who wish to pursue job-performance enhancing education
Recognition and annual salary reviews program
Leadership conferences that allow employees to connect and collaborate
Regular company-wide engagement opportunities
