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Job Post Details

Project Accountant - job post

KPMB Architects
351 King Street East, Toronto, ON
From $60,000 a year - Full-time
Responded to 51-74% of applications in the past 30 days, typically within 1 day.

Job details

Pay

  • From $60,000 a year

Job type

  • Full-time

Location

351 King Street East, Toronto, ON

Full job description

About us
For more than three decades, KPMB Architects has evolved in response to a changing world and worked to change it for the better. Guided by our purpose and anchored by our values, KPMB crafts design solutions that catalyze positive change.
As a full-service practice working across Canada and the United States, we provide expertise in building design, interior design, master planning, workplace strategy, project management, stakeholder engagement, and sustainable design. KPMB has designed and delivered projects totaling more than 31 million square feet in a diverse range of sectors, including education, healthcare, scientific research, arts and culture, government, corporate, hospitality, recreation, and mixed-use development.
With uncompromising rigor and close attention to the increasingly complex needs of the world around us, our diverse team devotes their expertise, passion, and creativity to solve today’s challenges and unlock new opportunities for our clients and the communities we serve.

The role / What are we looking for?
We are seeking an experienced Project Accountant to play a critical role in our projects, requiring a solid understanding of financial accounting principles, exceptional attention to detail, and a thorough understanding of the architecture, engineering, or construction (AEC) industry. This role will be responsible for maintaining high-quality financial deliverables from project initiation through completion, under the guidance and support of the Financial Controller and the leadership team. The ideal candidate is highly analytical, resourceful, and organized, with demonstrated experience in project accounting and financial management within the AEC industry.
Success in this role requires a natural orientation towards collaboration and teamwork, as well as the ability to work independently on financial deliverables. This position is best suited for an experienced Project Accountant who strives for financial accuracy and has the ability to work end-to-end on project financials.
You will support the Management team in maintaining relationships and meeting the financial needs of clients, consultants, contractors, and trades. Ultimately, you will contribute to the financial health and success of our projects, ensuring the delivery of high-quality financial solutions across a variety of project typologies.

Select key responsibilities:
Project Accounting:

  • Effectively communicate with Project Managers (PM) and Principals-in-Charge (PIC) regarding contract documents, change orders, and other contract modifications; approvals, and any additional services related to billing.
  • Generate and analyze monthly project profitability reports and provide insightful commentary based on performance.
  • Review project budgets, resource assignment, and work plans and ensure the appropriate fee structure is in place.
  • Assess and pursue opportunities for maximization of client billing through the duration of a project.
  • Prepare billing schedules and revenue forecasts for the project and identify any risks with PICs and PMs.
  • Issue invoices for revenue, consultants, and expenses and follow-up on outstanding client receivables, escalating collection issues as required.
  • Enter consultant invoices in the company system and ensure they are aligned with project budgets, flagging any issues early with PMs or PICs.
  • Track and respond to matters related to payment provisions under the New Construction Act, ensuring compliance.
  • Review and resolve any unbilled issues to optimize the billing revenue.
  • Set up new projects, make transfers of employee billable hours and/or expenses, and open and close time phases within the company system.
  • Write off any uncollectible receivables, labor, or expenses, as directed by PIC.
  • Prepare balance sheet account reconciliations, as directed by the Financial Controller.
  • Prepare special project analyses for the PICs, PMs, and others as required.
  • Provide year-end support of auditor requirements, which may include research and reconciliations.

Project Coordination & Management Support:

  • Support the translation of project financial requirements through all phases of a project to completion, ensuring adherence to financial standards and accuracy.
  • Work with the PM or PIC to set financial priorities, establish and maintain a work schedule, and proactively report on the status of job cost control and financial issues.
  • Contribute to the project risk assessment process, proactively identifying and communicating risks and mitigation strategies to support the resolution of project-related financial concerns.
  • Assist in the development of project quality plans and updates to effectively manage project finances, including phase milestone reviews.
  • Work in collaboration with the PM or PIC to manage/align financial aspirations with client goals, project budget, schedule, and team.

Candidate Profile + Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • A minimum of 5 years of project accounting experience, preferably within the architecture, engineering, or construction industry.
  • CPA Designated, or currently pursuing.
  • Proven experience in financial project management, including budgeting, forecasting, and financial reporting.
  • Proficiency in accounting software and financial management systems such as Deltek Vantagepoint.
  • Highly analytical and possesses excellent verbal and written communication skills.
  • Strong organizational, problem-solving, and critical thinking skills.
  • Ability to prioritize and multi-task while managing competing deadlines in a fast-paced environment.
  • Detail-oriented with a keen eye for financial accuracy and integrity.

Why work with us
Founded in 1987, KPMB Architects has evolved a diverse portfolio of architectural projects with a focus on building healthy, vibrant cities and communities. KPMB has grown to 100+ employees and is recognized for its highly collaborative, supportive, and with a wide variety of experience and education. Some of our team members have grown with the firm from the beginning of their careers to become leaders, while others have joined at various points in their career and bring new ideas and approaches. We provide a learning environment where teaching, mentoring, and collaboration is a part of our DNA. At KPMB, there are many opportunities to share your many skills, get involved in firm activities outside of project work, and contribute to our initiatives that give back.
KPMB is committed to fostering a workforce that reflects the diversity of the communities in which we operate and serve. KPMB Architects is an Equal Opportunity Employer that considers applicants without regard to age, race, color, national origin, citizenship, religion, creed, gender, sexual orientation, marital status, disability, or any other protected status.

Transportation and bike storage:
A daily free shuttle bus between Union Station and KPMB’s office is provided for all staff who use the subway system or GO transit, from Monday to Thursday. Underground bicycle parking is also available.

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