Construction Accountant
- Toronto, ON, Canada
Full-time
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Job details
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
Verdicon Builders is a construction management and general contracting company seeking a detail oriented Construction Accountant to oversee day to day accounting, financial reporting, project billing, and payroll.
This is a hands on role working closely with management and our project teams. The ideal candidate brings strong accounting fundamentals, experience in the construction industry, and the ability to manage multiple priorities independently.
Key Responsibilities
Accounting, Financial Reporting & Budgeting
- Prepare monthly journal entries, accruals, and month end and year end closing entries in accounting software.
- Reconcile bank accounts and credit card statements, ensuring transactions are accurately recorded.
- Prepare financial statements and supporting reports that accurately reflect company and project performance.
- Develop annual budgets and update monthly forecasts in coordination with management.
- Perform monthly budget to actual variance analysis and explain key changes in profitability and financial performance.
- Prepare year end working papers and supporting schedules for external accountants and auditors.
Construction Billing & Project Accounting
- Prepare progress billings based on finalized progress draw reports, coordinating with Project Managers and Assistant Project Managers.
- Maintain accurate work in progress general ledger accounts, progress billing records, and holdback balances throughout each project.
- Monitor accounts receivable and follow up on outstanding invoices and collections.
- Support accurate project cost tracking and reporting.
Accounts Payable & Trade Coordination
- Review, enter, and process supplier and subcontractor invoices.
- Maintain organized accounts payable records and verify that trade invoice packages include required documentation, such as schedules of values, statutory declarations, certificates of insurance, and WSIB clearance certificates.
- Coordinate with Project Managers to ensure approved invoices are included in project draws.
- Prepare and process approved payments to subcontractors, suppliers, and other vendors, and issue payment confirmations.
- Respond to supplier and trade inquiries regarding invoices, payment status, and related documentation.
Payroll, Tax & Employee Administration
- Process biweekly payroll and record payroll expenses and deductions.
- Resolve payroll discrepancies and troubleshoot accounting system issues.
- Prepare and file monthly HST returns and arrange remittances.
- Calculate and remit WSIB premiums and maintain accurate accounting records.
- Track employee vacation and sick leave balances.
- Administer the group benefits portal and act as the liaison between employees and the benefits provider to resolve enrolment, coverage, and administrative issues.
- Assist with other accounting and administrative duties as required.
Qualifications
- Diploma or degree in accounting, finance, or a related field.
- Relevant experience in a construction accounting or similar full cycle accounting role.
- Strong understanding of progress billing, holdbacks, work-in-progress accounting, and subcontractor documentation.
- Proficiency in QuickBooks and Microsoft Excel.
- Experience with ADP or a comparable payroll platform.
- Working knowledge of HST, payroll deductions, and WSIB reporting.
- Strong attention to detail, organizational skills, and the ability to meet recurring deadlines.
- Clear communication skills and confidence working with project teams, suppliers, subcontractors, and external accountants.
- Ability to handle confidential financial and employee information with discretion.
- CPA designation or progress toward a designation is an asset.
Verdicon Builders welcomes applications from qualified candidates of all backgrounds. Accommodations are available upon request throughout the recruitment process.
More about this job
Responsibilities
Manage day-to-day accounting, financial reporting, budgets, forecasts, and project accounting, including progress billing, work-in-progress records, project costs, and receivables. Process payables and payroll, handle HST and WSIB reporting, maintain employee leave and benefits administration, and coordinate with project teams, suppliers, subcontractors, and external accountants.
Requirements
A diploma or degree in accounting, finance, or a related field and relevant construction accounting or full-cycle accounting experience are required. Candidates should understand construction billing, holdbacks, work-in-progress accounting, and subcontractor documentation; be proficient in QuickBooks and Excel; and have payroll platform, HST, and WSIB knowledge, with strong organization, communication, and discretion.
Skills
- Construction Accounting
- Financial Reporting
- Budgeting And Forecasting
- Journal Entries And Month-End Close
- Bank And Credit Card Reconciliation
- Progress Billing
- Work-In-Progress Accounting
- Project Cost Tracking
- Accounts Receivable And Collections
- Accounts Payable
- Subcontractor Documentation
- Payroll Processing
- HST Returns
- WSIB Reporting
- QuickBooks
- Microsoft Excel
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Construction
- Administrative
Keywords
- Construction Accounting
- QuickBooks
- Microsoft Excel
- ADP
- Progress Billing
- Progress Draw Reports
- Holdbacks
- Work-In-Progress Accounting
- Project Accounting
- Project Cost Tracking
- Financial Statements
- Budgeting
- Forecasting
- Variance Analysis
- Journal Entries
- Accruals
- Month-End Close
- Year-End Close
- Accounts Payable
- Accounts Receivable
- Subcontractor Documentation
- Schedules Of Values
- Statutory Declarations
- Certificates Of Insurance
- WSIB Clearance Certificates
- Payroll Processing
- HST Returns
- WSIB Premiums
- Group Benefits Administration
- CPA