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Project Accountant

Company:
Canam
Location:
Urbana, MD, 21704
Posted:
May 12, 2024
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Description:

Job Description

Company Description

Since 1960, Canam has been an employer with a strong, unifying and family culture, rallying its 3,500 employees. With offices in Canada, the United States, Romania, India and the Philippines, our company continues to grow thanks to the innovation and know-how of everyone involved. Moreover, to build structures known and recognized for their quality across North America, you must feel that you have everything you need to succeed in these large-scale projects. Proud of our achievements, we are here to stay, and it is with you that we want to do it.Job Description

Canam is seeking a Project Accountant to join its Finance Team in Frederick, MD. The person will be responsible for the project accounting module, revenue recognition transactions, the GL impacts of project transactions, and the maintenance of project master files. The role includes project forecasting, billing validation, managing project closures, supporting the audit process, and ensuring compliance and accuracy in project accounting transactions.

Essential Functions

Handle forecasting for projects to establish the base for revenue recognition.

Review revenue recognition transactions in accordance with project forecasts and post monthly revenue amounts.

Maintain the project accounting master files to ensure accurate and up-to-date information.

Coordinate with the invoicing team to validate the accuracy of project billing.

Manage coding for project purchase orders and accounts payable, ensuring accurate cost tracking.

Manage the closing of projects, to ensure all financial and contractual obligations are fulfilled.

Handle project retention and manage deposits on contracts.

Prepare detailed financial reports for stakeholders to support decision-making.

Support the audit process for project accounting.

Engage in process improvement initiatives and actively contribute to the enhancement of project accounting practices.Qualifications

Bachelor’s degree (B.S.) in Business or Accounting or comparable experience

Minimum 2 years prior experience

Proficiency in MS Excel, Pivot Tables, VLOOKUPs, and complex formulas

Experience in construction industry preferred

Strong attention to detail and problem-solving skills

Demonstrated ability to meet deadlines

Team spirit and excellent communication skills

Ability to analyze a variety of problems resulting from the diverse nature of projects handled

Bilingual English/French a plus

Additional Information

Why work for Canam? You will work in an environment where you will be encouraged to be creative and share your best practices. We offer:

A great team and amazing work culture

Competitive compensation and benefits

Medical, dental, and pension benefits

Opportunities for professional development

Flexible working hours

Various other perks, discounts and benefits

Canam Buildings US Inc. is a wholly owned subsidiary of Canam Group.

Canam is an employment equity employer and we encourage all qualified candidates to apply. We thank all applicants for their interest, however, only candidates under consideration will be contacted.

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