Division: Canada - Toronto

Project Location(s): Toronto, ON M4C 1M5 CAN

Travel Involved: 20-30%

Job Type: Regular

Job Classification: Experienced

Education: Bachelors Degree

Job Family: Finance

Compensation: Salaried Exempt

Job Title

Cost Accountant – Operational Opportunity

Turner Construction’s Toronto office is seeking a full‑time Cost Accountant. The role requires availability to work on‑site or at the head office, Monday to Friday, for 40 hours per week, and will report to the Senior Financial Analyst.

Position Description

Provide comprehensive financial administration, perform accounting and cost analysis, and provide fiscal management and cost guidance for assigned projects in support of regulating fiscal compliance with company policies and procedures.

Key Responsibilities

- Provide financial analytical support that drives strategic outcomes for assigned projects and implement financial procedures, including complex contract types and joint ventures.
- Partner with Operations team to review project budgets accurately and reflect risk and potential enhancements in line with owner contract and Turner policies and procedures.
- Communicate and elevate project risks to project senior leadership and supervisors.
- Understand client contractual requirements, monitor billing and accounts receivables as appropriate, and address or elevate issues.
- Implement and maintain financial internal control safeguards for assigned projects.
- Assist with and provide guidance to project Operations and Turner Shared Services (TSS) teams to maximize accounting support including establishing structures for Project Financial launch during project setup, manage Accounts Payables (AP) for vendors’ and subcontractors’ invoice processing (as appropriate) and align with proper sales and use tax reporting requirements, and oversee month‑end close processes and / or post or accrue client bills and project costs as appropriate.
- Monitor and understand project cash position, assess project financial risks,



and work with project senior leadership and team to implement strategies to mitigate risks and enhance profitability.
- Oversee project assets and rentals for proper insurance documentation in collaboration with project team.
- Prepare financial analyses, informational reports, and special analysis to validate financial outcomes of assigned projects.
- Accumulate, audit, and correlate information to produce required cost reports, including Budget Analysis Reports (BARs) and Cost‑Audited BARs (CABs).
- Analyze project forecasts and re‑forecasted projections to confirm accuracy and compliance with contract terms.
- Support project financial closeout to secure final contract amounts and meet closeout documentation requirements.
- Participate and support with internal and external audit requests.
- Attend and participate in on‑site meetings, Operations Review Meetings (ORMs), budget reviews, and forecasting sessions.
- Provide oversight of work and mentor junior accounting staff to develop skills and learn cost processes as applicable.
- Other activities, duties, and responsibilities as assigned.

Qualifications

- Bachelor’s degree from an accredited degree program in Accounting, Finance, Engineering, Construction Management, or related field of study, and minimum of 3 years of related experience, with at least 1 year as a project accountant, or equivalent combination of education, training, and experience.
- Thorough application of accounting principles (GAAP) and company policies.
- Professional written and verbal communication skills with ability to deliver and tailor communication to various organizational levels.
- Ability to educate others to identify risks and reinforce compliance with company financial practices and policies.
- Analytic ability to review and assess financial data, interpret trends,



and recognize inconsistencies.
- Knowledgeable of cash flow and able to implement procedures to optimize profitability.
- Exercises independent judgment and discretion with ability to identify problems and initiate corrective action.
- Ability to manage competing activities, requests, and short‑cycle deadlines.
- Applies innovation to offer and implement suggestions to improve overall operations.
- High degree of organizational skills with exceptional attention to detail.
- Self‑motivated, adaptable, and flexible to operate with minimal direction in a complex and changing environment.
- Proficient with financial system applications (e.g., SAP, Textura) and Microsoft Office suite of applications with advanced MS Excel skills.
- Travel may be required.

Benefits

- Access to practical tools and resources including a work phone, laptop, and safety gear.
- Summer Fridays (early dismissals during the summer months on Fridays where applicable).
- Invitations to participate in company events and activities.
- Hard and soft skills training programs.
- Thorough benefits program including End of Year Premium Pay, healthcare and dental coverage, registered retirement savings plan (RRSP) matching, and much more.
- Annual base salary range for this position may be CA$80,000 to CA$95,000, depending on experience and fit.

Work Environment

The work setting characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The employee regularly works in an office or remote setting and occasionally works at construction sites where they may be exposed to moving mechanical parts, high precarious places, fumes or airborne particles, outside weather conditions, and risk of electrical shock. The employee must comply with company safety policies, procedures, and applicable laws.

Turner is an Equal Opportunity Employer — minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity.

VEVRAA Federal Contractor

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📌 Cost Accountant - Operational Finance (Toronto)
🏢 Turner Construction | Canada
📍 Toronto