BDA Inc. is seeking an experienced Construction Project Accountant to maintain financial accuracy and administrative control across assigned construction projects. The role keeps project costs, billings, commitments, change orders, subcontractor payments, holdbacks, and financial forecasts complete, accurate, and current. This is a 4-month contract position.
Qualifications
- Diploma or degree in Accounting, Finance, Business Administration, or a related field.
- Approximately 2+ years of accounting experience, preferably within a general contractor or construction environment.
- Practical understanding of construction project accounting, including progress billing, subcontractor payments, holdbacks, change orders, commitments, job costing, and project closeout.
- Familiarity with Ontario construction holdback and payment processes is strongly preferred.
- Experience working with construction accounting or ERP systems;
- Experience with Autodesk Construction Cloud (ACC) or similar construction project management software is an asset.
- Robust Microsoft Excel skills, including spreadsheets used for reconciliations, project cost analysis, billing, and financial tracking.
- Ability to manage multiple active construction projects and competing monthly deadlines.
- Effective communication skills and ability to work directly with Project Managers, subcontractors, suppliers, consultants, and internal accounting staff.
- Able to work independently while escalating significant project financial or contractual issues when appropriate.
- CPA designation is not required, although accounting education or progress toward a professional designation would be considered an asset.
Work Schedule: Day Shift, Monday to Friday Location: Etobicoke, On
Reports to:
Vice President of Finance
Key Responsibilities
- Set up new construction projects in the accounting system and maintain accurate project financial records throughout the project lifecycle.
- Process and review subcontractor and supplier invoices, ensuring costs are coded to the correct project, cost code, and commitment.
- Monitor subcontractor documentation required for payment, including statutory declarations, WSIB clearance certificates, insurance, and other required compliance documents.
- Prepare and process subcontractor payments, including holdback calculations and releases in accordance with company procedures and Ontario construction requirements.
- Prepare monthly progress billings to owners and clients, including supporting documentation, holdback, change orders, and other billing requirements.
- Track accounts receivable and follow up on outstanding project billings and payment status.
- Review project costs against budgets and identify unusual costs, coding issues, commitments, or potential budget overruns.
- Assist Project Managers with monthly cost reviews, cost-to-complete updates, forecasts, and project financial reporting.
- Reconcile project information between the accounting system and Autodesk Construction Cloud (ACC), where applicable.
- Support monthly WIP and project profitability reporting by ensuring project cost, billing, commitment, and change information is current and accurate.
- Prepare project cash flow report, handle outstanding receivables, subcontractor liabilities, holdbacks, and upcoming payment requirements.
- Maintain complete supporting documentation for project transactions and ensure files are organized for internal review, year-end audit, and project closeout.
- Work closely with Project Managers, Project Coordinators, subcontractors, suppliers, and the Finance team to resolve billing, payment, contract, and cost issues.
- Assist with other project accounting, reporting, and administrative responsibilities as required.
If you are interested in this Construction Project Accountant position, please send in your resume and you will be contacted directly. Thank you for your interest and we look forward to speaking with you!
WHY JOIN BDA?
- Professional Growth Opportunities
- Welcoming Professional Staff
- Exposure to the construction industry
BDA Inc. is an equal opportunity employer. If you are invited to participate in the assessment process and require accommodation for the assessment, we ask that you provide your accommodation request as soon as possible. BDA Inc. invites applications from all qualified individuals. BDA Inc. is committed to equal opportunity, diversity in the workplace, equity and reconciliation, and welcomes applications from Indigenous people, Black and racialized groups, people with disabilities, 2SLGBTQ+ people and women. Pay: $30.00-$35.00 per hour
Expected hours: 40.0 per week
Benefits
- Company events
- Flexible schedule
- On-site parking
Work Location: In person
📌 CONSTRUCTION PROJECT ACCOUNTANT NEEDED!!! (Etobicoke)
🏢 BDA
📍 Etobicoke