Infrastructure & Capital Projects – Project Accountant, COM
Richmond Hill - Canada
Job Summary
Youve Never Been Satisfied with Good Enough.
You want to make an impact not just manage projects but change how the world gets built. AtAccenture Infrastructure & Capital Projects youll do exactly that. Youll help develop and deliver the factories grids transit systems and public infrastructure that keep communities moving - and do it smarter safer and more sustainably than ever before.
Youll work alongside people who think big and act bold - project managers engineers technologists and strategists who blend real-world experience with digital innovation and AI. Together were transforming how capital projects are planned managed and executed creating a better way to build for the future.
Because good enough builds the past.Youre here to build whats next on a team that outperforms every norm.
Visit us here to learn more aboutAccenture Infrastructure & Capital Projects
(Internal Title: Accountant)
Set up new projects in Vantagepoint including contracts tasks and billing structures and process all related change orders
Lead project setup meetings with Project Managers (PMs) and billing teams to ensure alignment on project financials scope and client requirements
Ensure accurate revenue recognition in accordance with applicable accounting standards (e.g. percentage-of-completion) and collaborate with PMs to establish and maintain Target ELM
Review and process vendor invoices including appropriate coding for consultants and subcontractors and maintain accurate project financial records within the system
Prepare draft invoices for review by Principals and PMs; finalize and submit invoices in accordance with contract terms and client requirements including all supporting documentation
Monitor and follow up on outstanding accounts receivable; proactively manage Work in Progress (WIP) balances in coordination with project teams
Support contract administration including projects requiring certified payroll reporting (where applicable) and assist with project and contract closeout to ensure all revenue and costs are fully recorded
Coordinate the submission of documentation required for client audits and payment approvals; liaise with insurance brokers to obtain Certificates of Insurance (COIs) for new and ongoing projects
Partner with Project Managers to process financial adjustments and collaborate with regional leadership on project performance including contracts WIP receivables and resource planning
Support regional managers with proposal development including preparation of employee billing rates and other financial inputs
Contribute to the standardization and continuous improvement of financial processes billing practices and internal controls
Support the Finance Manager with audit requirements and contribute to monthly and year-end close processes
Track and monitor client budgets at the project level identifying variances and escalating issues as needed
Maintain organized document libraries for contracts invoices and supporting financial documentation
Assist with internal and external audit requests by preparing and providing required documentation
Develop ad hoc financial reports and analysis for business partners and finance team members
Coordinate and prioritize collection efforts for outstanding invoices in collaboration with operations and project teams
Identify opportunities to improve billing efficiency and accuracy and support implementation of process enhancements
Provide backup support to other members of the finance team as required
WORKING CONDITIONS:
- Hybrid work model
Requirements
- Minimum of 3 years of applicable experience in project accounting or project-based environments within a professional office environment
- Bachelors degree in Finance Accounting or a related field
- CPA or progress toward certification (preferred)
- Strong understanding of project accounting revenue recognition and billing processes
- Experience with ERP/accounting systems (e.g. Vantagepoint)
- Advanced Excel skills and strong analytical abilities
- Strong communication skills with the ability to work cross-functionally
- Experience in the construction or engineering industry
- Excellent communication skills both verbal and written
BONUS POINTS IF YOU HAVE:
- Experience with Deltek Vantagepoint or similar project-based ERP systems
- Knowledge of percentage-of-completion (POC) or project-based revenue recognition methods
- Advanced proficiency in Microsoft Excel (pivot tables lookups financial modeling)
- Experience working with large complex multi-phase projects or contracts
- Knowledge of contract management and change order processes
- Experience improving or standardizing billing and financial processes
- Familiarity with time and expense systems and project costing methodologies
- Strong understanding of WIP (Work in Progress) and accrual accounting
- Experience collaborating with cross-functional and geographically distributed teams
Compensation at Accenture varies depending on a wide array of factors which may include but are not limited to the specific office location role skill set and level of experience. As required by local law Accenture provides a reasonable range of compensation based on full-time employment for roles that may be hired as set forth below.
The recruiting efforts for this position are intended to fill a brand new position.
The base pay range shown below is intended as a guideline to reflect the majority of offers for this role. It does not represent a maximum limit in some cases actual compensation may exceed the range where appropriate.
Role Location Annual Salary Range
Ontario $69000 to $85000
About Company
integrated project management firm providing expertise and solutions in construction project management, engineering consulting, project management services, technical advisory services, transit oriented development, PMIS project management and manufacturing consulting services.