At a glance
Automatically prepared from the listing. Check the original description for the full requirements.
Jump to the original descriptionResponsibilities
The Cost Accounting Specialist will manage project cost centers, perform full-cycle accounting tasks, and ensure accurate financial reporting and reconciliations. They will also support project teams with budget tracking, cash flow forecasting, and procurement coordination.
Requirements
Candidates must have 3-5 years of experience in cost or project accounting, preferably within the construction industry. Proficiency in Microsoft Dynamics and advanced Excel skills are required, along with a bachelor's degree in a relevant field.
Working hours
40 hours per week
Skills
- Cost accounting
- Accounts payable
- Accounts receivable
- Microsoft Dynamics
- Financial reporting
- Variance analysis
- Budgeting
- Cash flow forecasting
- Reconciliation
- Journal entries
- Multi-currency
- Intercompany transactions
- Excel
- Procurement support
- Construction accounting
- Data analysis
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Construction
- Administrative
Keywords
- Cost accounting
- Accounts payable
- Accounts receivable
- Microsoft Dynamics
- Construction
- Financial integrity
- Accruals
- Variance analysis
- Forecasting
- Budgeting
- Procurement
- Reconciliation
- Journal entries
- Multi-currency
- Intercompany transactions
- Excel
- Project management
- Cash flow
- Vendor management
- Invoicing
- AS4U
- Financial reporting
- Commercial input
- Inventory checks
- Bank guarantees
- Letters of credit
- RFQ
- RFP
- Full-cycle accounting
- Cost centers
Original job description
Tasks
Essential Duties And Responsibilities
Cost Center Management (Portfolio-Wide)Maintain the financial integrity of all active project cost centers by ensuring the accurate, complete, and timely recording and allocation of costs, revenues, accruals, and related project transactions.Monitor head office (non-project) cost centers where staff costs and company overhead are recorded.Prepare and process internal invoicing to allocate costs between head office and project cost centers, and between project cost centers where required.
Accounts Payable & ReceivableVerify and process accounts payable invoices across active projects, with a strong focus on subcontractors and suppliersVerify and process accounts receivable invoices and prepare outgoing client invoicingReview and validate vendor invoices and payment allocations, ensuring all amounts are accurately recorded against the correct vendor accounts before payments are approved and released.Validating and preparing invoices for payment according to contract and PO terms and monitor available payment discounts.Reviewing foreign-currency group costs and allocating them correctly.Reconcile vendor accounts by verifying monthly statements and related transactions.Monitor aged accounts payable and accounts receivable balances across all cost centers.Resolve purchase order, invoice, and payment discrepancies.Process staff expense claims, including corporate credit card expenses; prepare and verify complete backup documentation and expense reports for reconciliation and approval.Maintain transaction backups, financial files, and accounting records in the system.
Cost Accounting & AccrualsPerform all aspects of cost accounting, including monthly accruals, within Microsoft Dynamics, across all active project and head office cost centers.Maintain accurate records in Microsoft Dynamics and ensure data reconciles with the group’s AS4U system.Lead monthly closing of project and head office cost centers.Execute month-end close activities including reconciliations, variance analysis, and forecasting support.
Cost Control & ReportingGenerate monthly performance reports in cooperation with the project management team for each active project.Track project costs and revenue against budget across the portfolio and flag variances early.Assist in managing short- and mid-term cash flow forecasts across active projects.Synchronize financial data with project teams to keep reporting consistent.Support development of financial targets and budgets and monitor compliance.
Additional Coordination & SupportAssist with project procurement schedules and coordinate with internal teams on timely procurement of materials, equipment, and services.Contribute commercial input to subcontract and supply agreement negotiations, as appropriate based on experience and level of responsibility.Support monthly inventory checks, where needed.Coordinate with Head Office on insurance policy procurement and claims notification.Coordinate with Head Office on project-related bank guarantees and letters of credit.Assist the bid team with commercial input during RFQ/RFP phases.Coordinate personnel, resourcing, and IT needs with Head Office.Other related duties as assigned.
Qualifications
Knowledge, Skills, and Abilities: Experience with cost centers, cost accounting, invoicing, and monthly accruals.Strong full-cycle accounting background: AP/AR, journal entries, reconciliations, multi-currency and intercompany transactions.Comfortable managing multiple concurrent cost centers of varying duration and experienced with internal/intercompany cost allocation and invoicing.Hands-on proficiency in Microsoft Dynamics, including invoice processing, payment runs, and vendor management.Intermediate to advanced Excel skills, including data manipulation and reporting.Background in financial or cost accounting, preferably within the construction industry.Fluent in English, written and verbal.Sharp attention to detail with the organizational skills to manage multiple priorities under deadline pressure.Comfortable making sound decisions independently while coordinating with multiple project teams.Trustworthy with confidential financial information.Results-focused, with a bias toward resolving issues rather than escalating them.
Qualifications:3-5 years of relevant experience in accounts payable/receivable, cost accounting, or project accounting, with construction industry experience considered a strong asset.Bachelor’s degree in Business Administration, Accounting, Finance, or Economics, or an equivalent combination of education and experience.Experience with Microsoft Dynamics would be strongly considered an asset.
