Aecon Group Inc

Project Finance Director

Aecon Group Inc$150K — $170K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-10 years of experience managing Finance and Accounting for large-scale projects.
  • Proven expertise with cost plus or target price contracts in the construction sector.
  • Post-secondary education with an Accounting designation is mandatory.
  • Proficiency in ERP systems and Excel, familiarity with SAP and Business Objects is beneficial.
  • Deep understanding of IFRS including technical accounting and reporting standards.
  • Demonstrated leadership capabilities with a focus on team collaboration and mentorship.
  • Exceptional verbal and written communication skills. Must be comfortable working on-site.

Responsibilities

  • Deliver accurate financial reporting for customer and site team needs.
  • Review monthly project forecasts and manage month-end deliverables for partnerships.
  • Participate in the preparation of quarterly forecasts, annual business plans, and budgets.
  • Oversee the review of partner invoices and ensure timely billings to the client.
  • Resolve billing disputes to ensure swift payment release from clients.
  • Monitor and forecast job costs effectively.
  • Manage foreign exchange projections and work with the Treasury team for necessary financings.

Benefits

  • Opportunity to work on a high-profile nuclear construction project.
  • Collaboration with top industry professionals and stakeholders.
  • Mentorship and leadership development within the finance team.
  • Engagement with strategic financial planning and analysis.
  • Dynamic work environment that promotes relationship-building with diverse stakeholders.
Full Job Description
What is the Opportunity?

Reporting directly to the Director, Finance, the Director, Project Finance will have a comprehensive knowledge of managing large-scale, complex construction projects, Aecon Nuclear administrative operations, mentor staff in the management of accounting practices, complete financial reporting, and oversee all Finance and Accounting processes on site for the Darlington New Nuclear Program (DNNP).

This position will work closely with the DNNP Integrated Project Delivery Project Directors and project teams, as well as the client, OPG.

What You'll Do Here:

  • Provides financial reporting to meet customer, partner, and site team requirements
  • Reviews monthly project forecasts, manages the month-end close deliverables for the Aecon-managed General Partnerships, and facilitates month-end and ongoing project reporting as required
  • Participates in Quarterly forecasts / Annual Business Plans / Budgets
  • Reviews partner invoices for completion and accurate costing, oversees billings to the client
  • Helps resolve any disputed billings and takes steps necessary to ensure the timely release of payments from the client
  • Ensures job costs are monitored and forecasted
  • Responsible for foreign exchange projection and initiating any hedges or Letters of Credit required in conjunction with the Aecon Treasury team
  • Participates in the gathering of financial information needed for claims or change order requests
  • Reviews contracts and changes for commercial terms, including insurance requirements and provides advice on how to mitigate risk in these areas
  • Supports GP Project management with strategic planning and business case analysis
  • Delivers monthly project financial updates in leadership forums
  • Responsible for reviewing cash flow forecasts with site teams and GP partner finance teams
  • Identifying efficiencies, enhancing processes and working files to provide high-quality, timely information
  • Overseeing and mentoring Project Finance team and junior staff
  • Managing relationships with various stakeholders including OPG, Project leadership, GP partners, internal leadership and internal/external auditors


What You Bring to the Team:

  • Strong experience managing the Finance and Accounting aspects of large-scale projects, with a history of cost plus or target price contracts
  • Advanced working knowledge of an ERP and Excel, with experience with SAP, Business Objects, PowerBI an asset
  • Completion of a post-secondary degree and Accounting Designation
  • Minimum of 7 to 10 years of post-qualification related experience, ideally in the construction industry.
  • Strong knowledge of IFRS, including technical accounting and reporting requirements.
  • The right individual for this role will have strong leadership skills, be a highly motivated, team-oriented person with strong attention to detail who enjoys building relationships and working with Operations teams towards a common goal.
  • Strong interpersonal and communication skills (verbal and written) are extremely important in this role.
  • Able to work on site


Reason for vacancy: New

Pay range: $150,000 - $170,000.

About Aecon Group Inc

Aecon Group Inc. is a Canadian construction company that provides a range of services to clients in the infrastructure, energy, and mining sectors. The company's services include construction, engineering, procurement, and project management. Aecon has completed a number of high-profile projects in Canada, including the construction of the CN Tower and the Vancouver SkyTrain. Founded in 1957, the company is headquartered in Toronto, Ontario.
Learn more about Aecon Group Inc
Size
12,000 employees
Industry
Founded
1877

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