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project accountant
Posted on September 29, 2024 by Employer details Staffing Choices
Job details
*Company Description:* Our client is a private multinational corporation, operating worldwide. It is the world leader in designing, manufacturing, and distributing specific equipment used in the construction industry. *Job Overview* The Project AR Accountant is responsible for the administration, recording, and collecting accounts receivable for the Projects Division. Overall responsibility is properly recording and maintaining accounts receivable for the division in coordination with the Vice President of Operations and the project managers. In addition, the incumbent is responsible for collecting said accounts and ensuring all accounts are kept current. The position is part of the Accounts Receivable team, which reports directly to the Credit & Collection Manager. *Responsibilities:* * Setting up a new customer profile * Set up projects and billing schedules in coordination with Project Managers and Contract Department, * Maintain contract value and billing schedule up to date with change orders, * Review progress billing proposals with Project Managers and submit them to customers. * Follow up with customer and obtain approved progress billing * Process approved progress billing per customer billing requirements and paperwork in coordination with Project Managers, accounting, contract, and payroll departments * Collect outstanding AR, * Collect retention, * Process bank deposits, * Maintain aging in good standing * Report overdue accounts to Project Managers, * Ensure all billings are accurately posted and up to date * Provide accurate but ambitious collection forecasts on a monthly basis * Update upper management, on a regular and timely basis, the status of delinquent accounts. * Cash allocation and posting payments. * Support subdivisions with Collection and reconciliation * Any other specific projects as requested from time to time by Management *Requirements:* The incumbent must have proficient knowledge in the following areas: * Knowledge of percentage of completion construction billing * Ability to maintain a high level of accuracy in preparing and entering financial information * Ability to maintain confidentiality concerning financial files/information The incumbent would normally attain the required knowledge and skills through completion of basic construction and percentage of completion accounting coursework combined with related financial and administrative experience. Equivalencies will be considered. Job Type: Full-time Pay: $65,000.00-$75,000.00 per year Benefits: * Company pension * Dental care * Extended health care * Life insurance * Paid time off * Vision care Schedule: * Day shift * Monday to Friday Application question(s): * Do you have the knowledge of percentage of completion construction billing? Experience: * Accounts receivable: 2 years (required) Work Location: In person- LocationScarborough, ON
- Workplace information On site
- Salary$65,000 to $75,000YEAR annually
- Terms of employment Full time
- Starts as soon as possible
- vacancies 1 vacancy
- Source indeed.com #9464676483
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