Project Accountant

At Stantec, we have some of the world’s leading professionals passionate about enabling our business to be its best. Our business teams include finance, procurement, human resources, information technology, marketing, corporate development, HSSE, real estate, legal, and practice services. We bring diverse backgrounds, skills, and expertise and create a caring culture where everyone can thrive. Through teamwork and collaboration, we’re building a stronger, more resilient Stantec every day. 

Your Opportunity

Take the first step towards designing your career with Stantec. We have an exciting opportunity for you to
join our team as a Project Accountant (PA). Reporting to a Project Accounting Lead (PAL), in this role
you will be responsible for overall financial management of projects throughout their lifecycle by ensuring
proper set up, maintenance, invoicing and project closure in accordance with the contractual
requirements and with Stantec's controls, policies and practices.

Your Key Responsibilities

• Financial management of a portfolio of projects assigned by the Project Accounting Lead (PAL).
  • Provide excellent customer service and a customer-centric focus, while providing a quality of
  work that consistently meets or exceeds expectations.
  • Build strong relationships with and serve as a trusted advisor to our internal business partners
  including Project Managers (PM) and Project Manager Assistants (PMA).
  • Build and maintain relationships with other Project Accountants and other Financial Service Team
  (FST) members, including Finance Managers, Accounts Payable and Accounts Receivable, to
  ensure collaborative teamwork.
  • Independently organize and prioritize workload to ensure timely completion of deliverables.
  Escalate concerns/issues to PAL as required.
  • Implement process or procedural changes identified and rolled out by management.
  • Collaborate with PM and PMA to recommend an appropriate work breakdown structure (WBS)
  that will enhance reporting and invoicing requirements.
  • Evaluate project setup and budget change documentation, including client contract and
  information provided by the PM or PMA to ensure compliance with contractual requirements,
  internal Stantec controls and International Financial Reporting Standards (IFRS). This includes
  review of contracts/agreements for proper fiscal authority, invoicing requirements, variable
  revenue, or unusual contract terms.
  • Ensure projects are setup in Oracle with the correct client approved value, billing rates and other
  variables required to ensure proper revenue recognition per Stantec policy.
  • Collaborate with PM and PMAs to generate, finalize and issue client invoices, ensuring accuracy
  and compliance with the contractual terms for each project.
  • Collaborate with Stantec’s RNet finance team in Pune, India to ensure timely delivery and
  accurate completion of tasks they support.
  • Partner with PMs to perform ad hoc functions as requested such as subcontract tracking,
  preparing progress reports, managing client audits, financial analysis, write offs, monitoring
  accounts receivable aging and supporting collection of invoice payments, etc.
  • Monthly review of budget fee reporting to ensure the accuracy of work in progress (WIP) and
  deferred revenue on assigned projects.
  • Provide explanation for significant aged WIP to ensure transparency to operations management.
  • Ensure project close out procedures are completed timely.
  • Prepare internal and external audit support packages and respond to inquiries from PA
  Leadership and Financial Managers.
  • Contribute to the project accounting self-audit program designed to test internal controls.
  • Partner with PMs to ensure the custom rates and maintenance (CRAM) process is complete and
  rate tables and billing terms are updated in a timely manner.
  • Manage the pay when collected (PWC) process to ensure subcontractors receive timely payment
  per their contractual terms.
  • Ensure all assigned functions are carried out in compliance with approved policies, key controls,
  and standard practices.

Your Qualifications and Credentials

• General accounting knowledge obtained through experience and/or education
  • Excellent problem solving skills
  • Excellent customer service and communication skills (written and oral)
  • Strong attention to detail
  • Strong organizational skills
  • Ability to proactively prioritize workload demands
  • Able to build and foster excellent working relationships
  • Adaptability and willingness to embrace change
  • Ability to identify potential implications of actions to mitigate downstream financial impacts.
  • Basic Microsoft Excel skills required with an intermediate level understanding preferred
  • Basic understanding of IFRS 15 and Sarbanes Oxley concepts are preferred
  • Knowledge of general contracting practices preferred

Education and Experience

• Post-secondary degree in Accounting or a related field preferred; An equivalent combination of education
  and experience in a related field may substitute for education only.
   

This position will primarily work in an office environment working with computers and remaining sedentary
for long periods of time.

This description is not a comprehensive listing of activities, duties or responsibilities that may be required
of the employee and other duties, responsibilities and activities may be assigned or may be changed at
any time with or without notice.

Stantec is a place where the best and brightest come to build on each others’ talents, do exciting work,
and make an impact on the world around us. Join us and redefine your personal best.

At Stantec, we have some of the world’s leading professionals passionate about enabling our business to be its best. Our business teams include finance, procurement, human resources, information technology, marketing, corporate development, HSSE, real estate, legal, and practice services. We bring diverse backgrounds, skills, and expertise and create a caring culture where everyone can thrive. Through teamwork and collaboration, we’re building a stronger, more resilient Stantec every day.