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CANAM
Frederick, MD | Full Time
$68k-89k (estimate)
1 Week Ago
Project Accountant
CANAM Frederick, MD
$68k-89k (estimate)
Full Time 1 Week Ago
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CANAM is Hiring a Project Accountant Near Frederick, MD

Company Description

Since 1960, Canam has been an employer with a strong, unifying and family culture, rallying its 3,500 employees. With offices in Canada, the United States, Romania, India and the Philippines, our company continues to grow thanks to the innovation and know-how of everyone involved. Moreover, to build structures known and recognized for their quality across North America, you must feel that you have everything you need to succeed in these large-scale projects. Proud of our achievements, we are here to stay, and it is with you that we want to do it.

Job Description

Canam is seeking a Project Accountant to join its Finance Team in Frederick, MD. The person will be responsible for the project accounting module, revenue recognition transactions, the GL impacts of project transactions, and the maintenance of project master files. The role includes project forecasting, billing validation, managing project closures, supporting the audit process, and ensuring compliance and accuracy in project accounting transactions.

Essential Functions

  • Handle forecasting for projects to establish the base for revenue recognition.

  • Review revenue recognition transactions in accordance with project forecasts and post monthly revenue amounts.

  • Maintain the project accounting master files to ensure accurate and up-to-date information.

  • Coordinate with the invoicing team to validate the accuracy of project billing.

  • Manage coding for project purchase orders and accounts payable, ensuring accurate cost tracking.

  • Manage the closing of projects, to ensure all financial and contractual obligations are fulfilled.

  • Handle project retention and manage deposits on contracts.

  • Prepare detailed financial reports for stakeholders to support decision-making.

  • Support the audit process for project accounting.

  • Engage in process improvement initiatives and actively contribute to the enhancement of project accounting practices.

Qualifications

  • Bachelor’s degree (B.S.) in Business or Accounting or comparable experience

  • Minimum 2 years prior experience

  • Proficiency in MS Excel, Pivot Tables, VLOOKUPs, and complex formulas

  • Experience in construction industry preferred

  • Strong attention to detail and problem-solving skills

  • Demonstrated ability to meet deadlines

  • Team spirit and excellent communication skills

  • Ability to analyze a variety of problems resulting from the diverse nature of projects handled

  • Bilingual English/French a plus

Additional Information

Why work for Canam? You will work in an environment where you will be encouraged to be creative and share your best practices. We offer:

  • A great team and amazing work culture

  • Competitive compensation and benefits

  • Medical, dental, and pension benefits

  • Opportunities for professional development

  • Flexible working hours

  • Various other perks, discounts and benefits

Canam Buildings US Inc. is a wholly owned subsidiary of Canam Group.

Canam is an employment equity employer and we encourage all qualified candidates to apply. We thank all applicants for their interest, however, only candidates under consideration will be contacted. 

Job Summary

JOB TYPE

Full Time

SALARY

$68k-89k (estimate)

POST DATE

04/26/2024

EXPIRATION DATE

06/24/2024

HEADQUARTERS

ANOKA, MN

SIZE

100 - 200

FOUNDED

2010

REVENUE

$10M - $50M

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The job skills required for Project Accountant include Accounting, Billing, Project Accounting, Accounts Payable, Attention to Detail, Problem Solving, etc. Having related job skills and expertise will give you an advantage when applying to be a Project Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Project Accountant. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Project Accountant positions, which can be used as a reference in future career path planning. As a Project Accountant, it can be promoted into senior positions as a Project Accountant III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Project Accountant. You can explore the career advancement for a Project Accountant below and select your interested title to get hiring information.

If you are interested in becoming a Project Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Project Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Project Accountant job description and responsibilities

Project accountants provide financial support, guidance, and oversight for specific business projects.

02/07/2022: Jamestown, NY

Project accountants often develop a project accounting plan to ensure the projects they manage are completed on-budget and on-time.

01/24/2022: Tuscaloosa, AL

Project accountants generally streamline financial processes to ensure the timely and efficient completion of projects.

03/14/2022: San Antonio, TX

Accountants are responsible for a wide variety of finance-related tasks that are primarily associated with preparing financial records.

03/17/2022: Appleton, WI

A project accountant manages the expenses, billing, and budget for one or more projects.

01/20/2022: Youngstown, OH

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Project Accountant jobs

Develop project management skills.

03/03/2022: Savannah, GA

Understanding the project requirements and creating budgets and financial reports.

03/28/2022: Jackson, MS

Possess strong project management/reporting skills.

03/28/2022: Milwaukee, WI

Participate on project teams or provide subject matter expertise to project groups as required.

03/28/2022: Columbia, SC

Project accountants can benefit from joining many different types of accounting-based organizations.

02/26/2022: Vincennes, IN

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