Project Accountant
Sprague-Rosser Contracting - Edmonton, AB

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Project Accountant
Job Description
Sprague-Rosser Contracting Co. Ltd. is seeking a Project Accountant to work with the growing and dynamic Accounting / Finance team.


  • Owns the set up and maintenance of projects in the business system in accordance with accounting policies; establishes and maintains pricing schedules, customer details, payment plans and invoicing calendars.
  • Interprets contract terms and conditions and builds commercial terms into project set ups to ensure maximum profitability.
  • Works with Project Control to ensure contractual operating agreement compliance and participates in audits and resolution activities.
  • Reviews WIP reports and conducts WIP review meetings with Project Managers to ensure timely billing.
  • Reviews project transaction documents and accounts for accuracy and completeness, including sub-charges, data sheets, time reports, expenses, subcontractor invoices, etc.
  • Responsible for the production of customer invoices, credit notes, and back up documentation.
  • Reviews draft invoices for accuracy prior to submitting for Project Manager approval.
  • Ensures billings do not exceed approved budget limits and works with Project Managers and Project Controls to resolve issues.
  • Challenges the financial health of projects during monthly project reviews with Corporate Controller.
  • Performs weekly review of project revenue recognition in business system; takes action on projects not generating revenue.
  • Produces and analyzes trend and variance reports as needed.
  • Ensures project profitability is maximized for the project.
  • Identifies areas of potential project gross margin improvement; ensures accurate recovery of all costs as defined in the contract and ensures non-billable costs are minimized.
  • Gathers project accruals and provisions information as needed.
  • Works closely with Project Controls to produce monthly reports and estimates.
  • Works closely with project operations, controls and billing coordinators to improve project administration processes and effectiveness.
  • Reviews DSO reports and assists in the development of corrective action plans.
  • Works directly with customers to ensure invoices have been received, approved, and actioned.
  • Provides regular invoice status updates to Project Managers & Executive Team.

Desired Skills & Experience

  • Relevant undergraduate degree or diploma in Accounting with a minimum of 2-4 years’ experience in a project accounting function.
  • Explorer Contract Manager experience considered a strong asset or;
  • Extensive ERP experience
  • CMA or CGA designation or nearing completion considered an asset but not required
  • Understanding of GAAP and IFRS


  • Ability to work in a fast paced environment
  • Eagerness to contribute to an exciting and dynamic Company
  • Strong technical and analytical accounting skills
  • Maintains the highest professional ethics and standards
  • Engineering and construction project knowledge
  • Advanced Excel skills

This position reports to: Corporate Controller

About this company
Sprague-Rosser, construction, excavation , demolition, general contractor, Edmonton, Alberta