Division:
Canada - Toronto

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

Minimum Years Experience:

Travel Involved:
20-30%

Job Type:
Regular

Job Classification:
Experienced

Education:
Bachelors Degree

Job Family:
Finance

Compensation:
Salaried Exempt

THE 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 financialadministration, perform accounting and cost analysis, and provide fiscalmanagement and cost guidance for assigned projects in support of regulatingfiscal compliance with company policies and procedures.

Essential Duties & Key Responsibilities:
• Provide financial analytical support that drive strategicoutcomes for assigned projects (project size may vary and may have multipleproject assignments) and implement financial procedures, including complexcontract types and joint ventures.
• Partner with Operations team to review project budgetsaccurately and properly reflects risk and potential enhancements in line withowner contract and Turner policies and procedures.
• Communicate and escalate project risks to project seniorleadership and supervisors.
• Understand clientcontractual requirements, monitor billing and accounts receivables asappropriate, and address or escalate issues.
• Implement and maintain financial internal controlsafeguards for assigned projects.
• Laise with and provide guidance to project Operations andTurner Shared Services (TSS) teams to maximize accounting support includingestablishing structures for Project Financial launch during project setup,manage Accounts Payables (AP) for vendors' and subcontractors' invoiceprocessing (as appropriate) and aligned with proper sales and use tax reportingrequirements, and oversee month-end close processes and/or post or accrueclient bills and project costs as appropriate.
• Monitor and understand project cash position, assessproject financial risks, and work with project senior leadership and team toimplement strategies to mitigate risks and enhance profitability.
• Oversee project assets and rentals for proper insurancedocumentation in collaboration with project team.
• Prepare financial analyses, informational reports, andspecial analysis to validate financial outcomes of assigned projects.
• Accumulate, audit, and correlate information to producerequired cost reports, including Budget Analysis Reports (BARs) andCost-Audited BARs (CABs).
• Analyze project forecasts and re-forecasted projections toconfirm accuracy and compliance with contract terms.
• Support projectfinancial closeout to secure final contract amounts and meet closeoutdocumentation requirements.
• Participate and support with internal andexternal audit requests.
• Attend and participate in on-site meetings, OperationsReview Meetings (ORMs), budget reviews, and forecasting sessions.
• Provide oversight of work and mentor junior accountingstaff to develop skills and learn cost processes as applicable.
• Other activities,duties, and responsibilities as assigned.

• Qualifications:
  • Bachelor's degree from accredited degree program inAccounting, Finance, Engineering, Construction Management, or related field ofstudy, and minimum of 3 years of related experience, with at least 1 year asproject account, or equivalent combination of education, training, andexperience
  • Thorough application of accounting principles (GAAP) andcompany policies
  • Professional written and verbal communication skills withability to deliver and tailor communication to various organizational levels
  • Ability to educate others to identify risks and reinforcecompliance 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 implementprocedures to optimize profitability
  • Exercises independent judgment and discretion with abilityto identify problems and initiate corrective action
  • Ability to manage competingactivities, requests, and short-cycle deadlines
  • Applies innovation to offer and implement suggestions toimprove overall operations
  • High degree of organizational skills with exceptionalattention to detail
  • Self-motivated, adaptable, and flexible to operate withminimal 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 Excelskills
  • Travel may be required
  
  Physical Demands: The physical demands described here arerepresentative of those that must be met by an employee to successfully performthe essential functions of this job. Reasonable accommodation may be made toenable individuals with disabilities to perform the essential functions. Whileperforming the duties of this job, the employee is frequently required to sit,climb, balance, stoop, kneel, crouch, crawl, use hands to finger, handle orfeel objects, tools, or controls, and reach with hands, talk, and hear. Theemployee frequently views a computer monitor and frequently uses a computerkeyboard. Specific vision abilities required by this job include close vision,peripheral vision, depth perception, and the ability to adjust focus. Theemployee is regularly required to be mobile, and the employee may regularlytravel both short and long distances via a variety of conveyances. The employeemust regularly lift and/or move up to 10 pounds and occasionally lift and/ormove up to 25 pounds.
  
  Work Environment: The work environment characteristicsdescribed here are representative of those an employee encounters whileperforming the essential functions of this job. Reasonable accommodation may bemade to enable individuals with disabilities to perform the essentialfunctions. While performing the duties of this job, the employee regularlyworks in an office or remote setting. The noise in the work environment isusually quiet to moderate in an office setting. While performing the duties ofthis job, the employee occasionally work at construction work sites where theemployee is exposed to moving mechanical parts, high precarious places, fumes,or airborne particles, outside weather conditions, and risk of electricalshock. The noise in the work environment is usually moderate to loud. Theemployee is required to work in compliance with company safety policies,procedures and applicable laws.