Project Accounting Advisor II

Job Title: Project Accounting Advisor II

Location: Toronto, ON or Houston, TX

Pay Rate: $35.50/hr, W 2

Duration: 12+ Month Contract 

Summary:

• The Advisor, Capital Assets is a senior individual contributor responsible for complex capital project accounting, month-end close activities, financial analysis, audit support, process documentation, and continuous improvement initiatives.
• This role partners closely with Fixed Assets, Capital Management, Financial Reporting, FP&A, and project teams to ensure the accurate accounting and reporting of capital expenditures and related balances.
• The successful candidate will be a hands-on accounting professional who is comfortable working through complex issues, researching transactions, improving processes, supporting audits and controls, and providing technical guidance to analysts.
• This position offers a mix of project accounting and capital asset accounting responsibilities and may include support for fixed asset unitization, depreciation, retirement, and balance cleanup initiatives.

Responsibilities:

• Perform and support monthly close activities related to capital projects and capital assets.
• Prepare and review journal entries, reconciliations, accruals, cost transfers, and supporting documentation.
• Support project accounting activities including project setup, cost tracking, capitalization readiness, and project closeout.
• Analyze and resolve complex accounting issues, balance discrepancies, and transaction exceptions.
• Prepare recurring and ad hoc reporting related to capital projects and capital assets.
• Support AFUDC/IDC calculations and related accounting processes.
• Assist with cost transfer and allocation processes.
• Support audit requests, SOX/internal control requirements, walkthroughs, and testing activities.
• Maintain and enhance RTR process documentation, narratives, and supporting procedures.
• Assist with balance cleanup projects, process enhancement initiatives, and system/process improvements.
• Partner with analysts and provide coaching, technical guidance, and review support.
• Work closely with stakeholders across Accounting, Capital Management, Fixed Assets, Financial Reporting, Regulatory, Tax, and FP&A teams.
• Identify opportunities to improve controls, efficiency, documentation, and reporting accuracy.

Requirements:

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum 5 years of progressive accounting experience.
• Strong understanding of accounting principles and month-end close processes.
• Experience with project accounting, capital accounting, fixed assets, or construction accounting environments.
• Strong analytical and problem-solving skills.
• Advanced Excel skills.
• Experience working with large ERP systems such as SAP or Oracle.
• Ability to independently research issues, draw conclusions, and communicate recommendations.
• Strong interpersonal and communication skills.
• Proven ability to manage multiple priorities and deadlines in a fast-paced environment.

Preferred Skills:

• CPA designation or CPA candidate.
• Utility industry experience.
• Experience with capital project accounting and CWIP accounting.
• Experience with project cost transfers, capital accruals, AFUDC/IDC, and capital reporting.
• Experience supporting external audits, SOX controls, and internal control documentation.
• Experience developing or maintaining accounting process documentation and walkthrough materials.
• Experience leading or supporting process improvement initiatives.
• Experience coaching or mentoring junior accounting team members.

Benefits:

• Opportunity to work in a dynamic and collaborative environment.
• Engage in complex accounting projects and initiatives.
• Provide technical guidance and leadership to team members.