Senior Project Accountant
Senior Project Accountant
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Job Description
What is the role
As a Senior Project Accountant you will play a key role in supporting Project Managers and the Finance team by ensuring the financial health of projects is accurately monitored reported and maintained. This role involves overseeing project accounting activities from setup to closeout preparing and reviewing invoices and ensuring compliance with contractual and financial requirements. You will collaborate closely with Project Managers to review budgets forecasts and project progress while also managing reporting audits and process improvements to strengthen financial controls. Beyond core project accounting you will contribute to broader accounting functions including accounts receivable accounts payable reconciliations and subconsultant tracking. This position is ideal for a detail-oriented professional who thrives in a collaborative environment can balance multiple priorities and is motivated to support both project success and the growth of LEAs finance operations.
Why join LEA
LEA is an employee-owned engineering consulting firm with a history of 70 years. We provide engineering consulting services in the areas of Transportation Civil Structures Construction Administration Electrical and Infrastructure Systems and Environmental Management.
At LEA we work towards a common goal of self-realization and achieving the highest possible results. As an employee-owned company every team members collective efforts contribute directly to our long-standing success.
Were confident that by joining LEA you can discover and realize your full career potential because LEA:
- Has been recognized as a Greater Toronto Top Employer and Canadas Top Employer for Young People for 2025 highlighting our commitment to fostering an outstanding workplace culture and supporting the next generation of professionals.
- Recruits high-performing motivated individuals who strive to achieve the highest level of technical excellence and quality.
- Is an Employee-owned company and almost half of our employees are shareholders.
- Offers a competitive total compensation package of salary substantial bonuses benefits and other perks.
- Is continuously involved in many exciting and challenging projects throughout Ontario and around the world.
- Allows for a collaborative hybrid work environment with flexible hours to maintain a healthy work-life balance.
- Cultivates team camaraderie and collaboration offering a variety of social events aimed at fostering relationships across the company including sports leagues game nights special events and volunteer/charitable opportunities.
- Is an organization that is committed to achieving ourEnvironmental Social & Governance objectives through our various committees.
- Prioritizes mentorship training and rotational assignments for knowledge advancement and career growth.
- Has an entrepreneurial spirit as an employee-owned companywith continuousgrowth and expansion taking part in meaningful projects.
In this role your duties and responsibilities will include:
Core Project Accounting Responsibilities
- Set up projects prepare invoices and financial reports and monitor project status to ensure budgets remain accurate and up to date.
- Partner with Project Managers to review project progress invoices and budgets through monthly meetings and ongoing communication.
- Conduct monthly meetings with Project Managers to review invoices and project status.
- Provide accurate analyses on estimated cost to complete provisions and revenue recognition ensuring reliable financial reporting and forecasting.
- Ensure that your project is audit-ready at all times to assist the PM as much as possible and keep the PM up to date on any outstanding documents required for the project such as signed contracts change orders email authorizations sub-agreements etc.
- Apply proper revenue recognition in line with IFRS standards ensuring billing does not exceed contract value and escalating issues where needed.
- Monitor WIP adjustments and deferred revenue ensuring accurate reporting and minimizing financial surprises.
- Manage project closeouts by resolving outstanding items and eliminating backlog or WIP in a timely manner.
Other Accounting Responsibilities
- Provide standard reports to assist PMs in assessing project nancial health and planning/managing projects.
- Support the implementation of electronic invoicing/AP or other process changes.
- Assist in developing and implementing project controls and reports including accurate project budgets and updated contract values to aid in nancial risk management. Participate in the Year-End Financial Audit as needed.
- Continuously enhance professional skills and knowledge through training seminars workshops and involvement in professional associations to stay updated on trends software and technology.
- Manage other related tasks within the scope of the Finance and Accounting Department such as AR AP bank reconciliation and tracking of subconsultant agreements.
The qualifications you need:
- Post-secondary education in Accounting Finance or a related field
- 10 years of progressive experience in project accounting preferably within an engineering consulting professional services or project-based environment.
- Hands-on experience with Deltek Vision/Vantagepoint (or similar systems).
- Advanced proficiency in Microsoft Excel and strong working knowledge of other MS Office applications.
- Solid knowledge of project accounting principles revenue recognition (IFRS) WIP and deferred revenue.
- Proven ability to analyze financial data prepare reports and provide actionable insights to project teams.
- Strong interpersonal and communication skills to collaborate effectively with Project Managers Finance and senior leadership.
- Highly organized with the ability to prioritize manage multiple deadlines and work with limited supervision.
- Demonstrated problem-solving skills adaptability to change and a proactive solutions-focused mindset.
The work arrangement:
LEA operates in a hybrid environment to ensure flexibility safety and the well-being of everyone. Periodic attendance at our Markham office is expected to facilitate in-person learning of new tasks with experienced senior staff.
LEAs Commitment to Inclusive Hiring and Equal Opportunity:
LEA Consulting Ltd. is proud to be an equal employment opportunity employer with Diversity Equity and Inclusion (DEI) embedded in all strategic planning and operational activities. As part of our commitment to fair representation and equitable access to opportunities we actively encourage applications from underrepresented groups including Indigenous peoples LGBTQ2S individuals newcomers persons with disabilities racial and ethnic minorities refugees veterans and women.
We evaluate all qualified candidates based on their skills and experiences without regard to factors such as age colour conviction for an offence for which a pardon has been granted disability family status gender identity or expression genetic characteristics marital/family status national origin protected veteran status race religion sex sexual orientation or any other status protected under the Canadian Human Rights Act.
Accessibility:
We are committed to providing an inclusive and accessible work environment for all individuals including candidates applying for positions within the organization. For information assistance or accommodation requests please contact . We remain committed to ensuring that accommodation is available after hiring.
Apply and stay connected with LEA:
We appreciate your interest in joining LEA! If this role aligns with your experience we would love to hear from you. While well only be reaching out to candidates selected for an interview we encourage you to apply again when a suitable opportunity arises. Stay connected with us on LinkedIn Facebook Instagram Twitter and YouTube.
Required Experience:
Senior IC
Employment Type
Full-Time
