About this role
*Our company:*
At Kalesnikoff, we honor our heritage by investing in our future. As a family-owned, fourth-generation company, we?ve evolved from our roots in the forests to become a leader in the timber industry, but we?re not just resting on tradition. Today, Kalesnikoff is at the forefront of innovation, combining decades of expertise with cutting-edge technology to redefine what?s possible in wood design and construction.
*Role and Objectives:*
Reporting to the Controller, the Project Accountant supports the financial management of customer projects for Kalesnikoff Mass Timber Inc.
Working closely with the Project Management team, the Project Accountant prepares customer progress billings, monitors and reports on project cash flow, and tracks project changes, progress, expenses, and margins to support Finance forecasting and decision-making.
*Responsibilities:*
*Project Billing and Financial Administration*
* Prepare project milestone billing schedules for progress invoices in coordination with Project Managers, from initial deposit through final completion, including applicable holdbacks. * Maintain accurate project financial records, including revenue, expenses, margins, contract values, approved changes, retainage, holdbacks, deficiencies, sales taxes, and other project-specific billing requirements. * Prepare project cost and billing reports by product, customer, project, or other breakdowns required by management. * Reconcile project-related accounts and ensure project accounting records are complete, accurate, and supportable.
*Project Analysis and Cash Flow Monitoring*
* Perform revenue recognition analysis to ensure revenue is recorded in accordance with company policy. * Review project progress, revenue, costs, margins, and cash flow to identify trends, explain key variances, and highlight potential risks. * Work with Project Managers to understand project data, expected outcomes, billing status, and forecast requirements. * Monitor project cash flow, customer balances, and potential collection or billing issues, escalating concerns as needed to protect revenue.
*Project Reporting*
* Provide project reporting to Project Managers and other stakeholders, highlighting project status, key variances, risks, billing matters, and margin impacts. * Prepare routine reporting on project cash flow, holdbacks, deficiencies, taxes, project risks, and other ad hoc project accounting requirements. * Update key project information in Monday Boards and other internal tracking tools.
*Controls and Process Improvement*
* Identify and recommend improvements to project accounting processes, reporting, and controls that support the strategic goals of Kalesnikoff Mass Timber. * Recommend updates to policies and procedures to maintain appropriate controls and safeguard company assets.
*Customer, Compliance and Documentation Support*
* Issue statutory declarations and support required project documentation, as needed. * Coordinate regulatory and industry documentation requirements, including WorkSafe letters, tax exemption documentation, insurance, bonding, and related customer or project requirements. * Stay current with relevant regulations, industry practices, sales tax requirements, reporting obligations, and business trends; discuss compliance and improvement opportunities with the Controller. * Maintain job work instructions to support consistency, training, and contingency coverage.
*Requirements:*
* Bachelor?s Degree in Accounting, Finance, or a related field. * 2+ years of experience in Project Accounting or a similar role. * Minimum 5 years? working experience in Finance and Accounting required. * Strong understanding of accounting principles, project accounting, project controls, and financial reporting. * Knowledge of construction or project-based billing practices, including progress billings, milestone billing, holdbacks, retainage, change orders, and project close-out requirements. * Ability to analyze proj