Airswift is working with one of our major clients in the Oil & Gas industry to find a Project Accounting Advisor to join their team in Toronto, ON . This is a 1-year contract with the possibility of extension.

Position Summary:

The Advisor, Capital Assets is a senior individual contributor responsible for complex capital project accounting, month-end close activities, financial analysis, audit support, process documentation, and continuous improvement initiatives. This role partners closely with Fixed Assets, Capital Management, Financial Reporting, FP&A;, and project teams to ensure the accurate accounting and reporting of capital expenditures and related balances.

The successful candidate will be a hands-on accounting professional who is comfortable working through complex issues, researching transactions, improving processes, supporting audits and controls, and providing technical guidance to analysts.

This position offers a mix of project accounting and capital asset accounting responsibilities and may include support for fixed asset unitization, depreciation, retirement, and balance cleanup initiatives.

Must-haves:

- Bachelor's degree in Accounting, Finance, or related field
- 5+ years of progressive accounting experience
- Robust understanding of accounting principles and month-end close processes
- Experience with project accounting, capital accounting, fixed assets, or construction accounting environments
- Strong analytical and problem-solving skills
- Advanced Excel skills
- Experience working with large ERP systems such as SAP or Oracle
- Ability to independently research issues, draw conclusions, and communicate recommendations
- Strong interpersonal and communication skills
- Proven ability to manage multiple priorities and deadlines in a fast-paced environment





Nice-to-Haves Candidates with any of the following experience and qualifications are strongly preferred:

- Fixed asset accounting
- Asset unitization
- In-service and capitalization processes
- Depreciation accounting
- Asset retirement and retirement unit accounting
- Fixed asset cleanup and balance remediation projects
- Capital work in progress (CWIP) analysis and cleanup
- Asset transfers and asset master data management
- Regulated utility accounting environments
- CPA designation or CPA candidate
- Utility industry experience
- Experience with capital project accounting and CWIP accounting
- Experience with project cost transfers, capital accruals, AFUDC/IDC, and capital reporting
- Experience supporting external audits, SOX controls, and internal control documentation
- Experience developing or maintaining accounting process documentation and walkthrough materials
- Experience leading or supporting process improvement initiatives
- Experience coaching or mentoring junior accounting team members

Key Responsibilities:

- Perform and support monthly close activities related to capital projects and capital assets
- Prepare and review journal entries, reconciliations, accruals, cost transfers, and supporting documentation
- Support project accounting activities including project setup, cost tracking, capitalization readiness, and project closeout
- Analyze and resolve complex accounting issues, balance discrepancies, and transaction exceptions




- Prepare recurring and ad hoc reporting related to capital projects and capital assets
- Support AFUDC/IDC calculations and related accounting processes
- Assist with cost transfer and allocation processes
- Support audit requests, SOX/internal control requirements, walkthroughs, and testing activities
- Maintain and enhance RTR process documentation, narratives, and supporting procedures
- Assist with balance cleanup projects, process enhancement initiatives, and system/process improvements
- Partner with analysts and provide coaching, technical guidance, and review support
- Work closely with stakeholders across Accounting, Capital Management, Fixed Assets, Financial Reporting, Regulatory, Tax, and FP&A; teams
- Identify opportunities to improve controls, efficiency, documentation, and reporting accuracy

Ideal Candidate Profile: We are seeking a hands-on accounting professional who enjoys working through complex accounting issues, diving into detailed transaction analysis, and driving issues to resolution. The ideal candidate is comfortable balancing recurring month-end responsibilities with project work, audit support, documentation efforts, and process improvements. They are proactive, detail-oriented, and capable of providing informal leadership and guidance to other team members while maintaining ownership of their own work.

Compensation: $45–$52/hr depending on experience, classification, and contract structure. Final compensation will be determined based on candidate qualifications and client requirements.

Work Schedule: Hybrid (On-site: Monday, Tuesday, Thursday | Remote: Wednesday, Friday

Vacancy Status: This posting is to fill a current vacancy for a contract assignment.

AI Disclosure: AI tools may be used to support resume screening.

📌 Project Accounting Advisor II (Toronto)
🏢 Airswift
📍 Toronto