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Project Accounting Manager - job 1 of 2

Company Description

Work with Us. Change the World.

At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's trusted infrastructure consulting firm, partnering with clients to solve the world’s most complex challenges and build legacies for future generations.

There has never been a better time to be at AECOM. With accelerating infrastructure investment worldwide, our services are in great demand. We invite you to bring your bold ideas and big dreams and become part of a global team of over 50,000 planners, designers, engineers, scientists, digital innovators, program and construction managers and other professionals delivering projects that create a positive and tangible impact around the world.

We're one global team driven by our common purpose to deliver a better world. Join us.

Job Description

AECOM is seeking a Project Accounting Manager located within Greater Toronto Area to join our Canadian Finance team.  Opportunities for hybrid work are available. 

Job Summary: 

Reporting to the Finance Manager, you will partner with Project and Operations teams to help drive financial performance and compliance across your project portfolio.  In this role, you will gain in-depth knowledge of the business line's operating environment and projects.

Major Responsibilities: 

  • Monitor, report, and analyze financial performance for operational and project-related activities, offering support to project teams.
  • Work with Project Managers to ensure efficient control of projects, including the recording, controlling, forecasting and reporting of all financial matters.
  • Ensure revenue recognition and project documentation are in accordance with SOX requirements.
  • Understand and communicate the impact of project changes on P&L.
  • Lead or participate in project reviews for projects within the portfolio.
  • Identify financial risks and opportunities, establish a plan to resolve issues and proactively follow up to ensure the appropriate actions are taken.
  • Improve working capital and cash performance by closely monitoring Unbilled and Billed AR.
  • Assist in the preparation and monitoring of EAC’s (Estimates At Completion) and ensure EACs are completed for projects in accordance with SOX controls. 
  • Assist Finance Manager with month end close activites.
  • Gain an understanding of key contractual agreements with clients.

 

     

    Qualifications

     Minimum Requirements: 

    • Bachelor’s Degree or equivalent in Business, Commerce, or a related field, plus 8 years’ experience in a similar role.
    • Project accounting experience in a professional services or project-based environment.

    Preferred Requirements:

    • Professional accounting designation, such as CPA.
    • Proven experience building strong relationships with Project and Operations teams.
    • Strong commercial acumen and business analysis skills, with the ability to interpret and communicate complex financial data effectively.
    • Ability to adapt to and drive change.
    • Excellent interpersonal and communication skills, with the capacity to collaborate and influence.

    Additional Information

    • Company paid relocation is not available for this position
    • Sponsorship for Canadian employment authorization is not available for this position

    About AECOM

    AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $14.4 billion in fiscal year 2023. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

     

    Freedom to Grow in a World of Opportunity 

    You will have the flexibility you need to do your best work with hybrid work options. Whether you’re working from an AECOM office, remote location or at a client site, you will be working in a dynamic environment where your integrity, entrepreneurial spirit and pioneering mindset are championed.

    You will help us foster a safe and respectful workplace, where we invite everyone to bring their whole selves to work using their unique talents, backgrounds and expertise to create transformational outcomes for our clients.

    AECOM provides a wide array of compensation, benefits and well-being programs to meet the diverse needs of our employees and their families. We’re the world’s trusted global infrastructure firm, and we’re in this together – your growth and success are ours too.

    Join us, and you’ll get all the benefits of being a part of a global, publicly traded firm – access to industry-leading technology and thinking and transformational work with big impact and work flexibility. As an Equal Opportunity Employer, we believe in each person’s potential, and we’ll help you reach yours.

    All your information will be kept confidential according to EEO guidelines.

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    Average salary estimate

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    What You Should Know About Project Accounting Manager, AECOM

    At AECOM, we're all about delivering a better world, and we're currently on the lookout for a talented Project Accounting Manager to join our dynamic Canadian Finance team based in Thornhill, Canada. If you're passionate about financial performance and eager to partner with Project and Operations teams, this role might be for you! As a Project Accounting Manager, you will help drive productivity across a variety of projects, ensuring every financial detail is meticulously monitored and reported. Your knack for analyzing financial performance will enable our operational and project-related activities to flourish. You'll collaborate closely with Project Managers, providing them with vital support to maintain efficient project control. Navigating complex financial landscapes will be second nature to you as you ensure compliance and revenue recognition aligns with SOX requirements. We value your ability to communicate the impact of project changes on profit and loss, making you an essential member of our project reviews. Identifying financial risks and opportunities will be part of your routine, and your strategic mindset will help resolve issues proactively. With opportunities for hybrid work, you'll enjoy the flexibility needed to thrive in a role that offers both professional growth and the chance to make a tangible impact in our communities. Bring your bold ideas to AECOM and help us shape a brighter tomorrow together!

    Frequently Asked Questions (FAQs) for Project Accounting Manager Role at AECOM
    What are the key responsibilities of a Project Accounting Manager at AECOM?

    The Project Accounting Manager at AECOM is responsible for monitoring, reporting, and analyzing financial performance related to operational and project activities. This role involves supporting project teams, ensuring efficient project control, and adhering to SOX requirements for revenue recognition. The manager also participates in project reviews, identifies financial risks, and improves cash performance.

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    What qualifications do I need to become a Project Accounting Manager at AECOM?

    To become a Project Accounting Manager at AECOM, you need a Bachelor’s degree in Business, Commerce, or a related field, along with a minimum of 8 years of relevant experience. A professional accounting designation, such as CPA, is preferred. Strong commercial acumen, interpersonal skills, and the ability to interpret complex financial data are also crucial for success in this role.

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    How does the role of Project Accounting Manager contribute to AECOM's mission?

    The Project Accounting Manager plays a vital role in AECOM's mission by ensuring financial integrity and performance across various projects. This position helps drive compliance and efficiency, thus enabling AECOM to deliver high-quality infrastructure solutions and create sustainable legacies for communities around the world.

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    What kind of work environment can a Project Accounting Manager expect at AECOM?

    A Project Accounting Manager at AECOM can expect a dynamic and collaborative work environment. With opportunities for hybrid work, employees can balance office, remote, and client site engagements. AECOM emphasizes integrity, diversity, and employee well-being, making it a supportive place to develop your career while contributing to impactful projects.

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    What are the growth opportunities for a Project Accounting Manager at AECOM?

    At AECOM, a Project Accounting Manager can experience significant growth opportunities through professional development programs, mentorship, and access to industry-leading technology. The culture of equity and inclusion also provides a framework for employees to leverage their unique talents and backgrounds to reach their fullest potential in their career.

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    Common Interview Questions for Project Accounting Manager
    Can you explain your experience with financial reporting in a project-based environment?

    In my previous roles, I managed various aspects of financial reporting, ensuring accuracy and compliance. I worked closely with project teams to gather data, analyze financial performance, and present insights that facilitated decision-making and improved project outcomes.

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    How do you ensure compliance with SOX requirements in your financial management?

    I follow a systematic approach to ensure compliance with SOX requirements by maintaining accurate financial records, implementing robust internal controls, and regularly conducting compliance audits. Open communication with team members also helps in promptly addressing any SOX-related concerns.

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    Describe a time when you identified a financial risk in a project and how you handled it.

    I once identified a significant potential cash flow issue in a project. I quickly communicated the risk to the Project Manager and collaborated with them to adjust the project budget and timelines. By proactively addressing the risk, we were able to mitigate its impact and keep the project on track.

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    What strategies do you use for improving working capital and cash performance?

    I focus on closely monitoring both unbilled and billed accounts receivable, working with project teams to expedite invoicing processes, and optimizing cash flow management. Developing financial forecasts and regularly reviewing project expenditures also help in enhancing working capital performance.

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    How do you approach collaboration with project managers and operational teams?

    Building strong relationships with Project Managers and operational teams is vital. I prioritize clear communication and regular check-ins to understand their financial needs and challenges. I provide actionable insights and support to help them achieve their project goals effectively.

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    What tools or software are you experienced with in project accounting?

    I have extensive experience using project management and accounting software like SAP and Oracle. Utilizing these tools allows me to streamline financial processes, manage budgets, and generate reports efficiently, which are critical for overseeing project accounting.

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    How do you ensure accuracy in your financial forecasts?

    To ensure accuracy in financial forecasts, I rely on data-driven analysis, historical performance evaluation, and ongoing communication with project teams to assess potential risks or changes. Regularly updating forecasts based on real-time project data is also key to maintaining accuracy.

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    How have you adapted to changes within a project or organization?

    I always embrace change with a positive attitude. When faced with project shifts, I assess the situation, communicate with my team, and strategize on how to best adjust our financial plans while staying aligned with the organization’s goals.

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    Can you give an example of how you effective communicated complex financial data to a non-financial audience?

    I once prepared a financial summary for a project update meeting. I simplified complex data into visual dashboards and accompanied them with straightforward explanations, making it easier for project stakeholders to understand the financial implications and make informed decisions.

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    Why do you want to work as a Project Accounting Manager at AECOM?

    I’m drawn to AECOM because of its commitment to impactful infrastructure projects and its focus on delivering sustainable solutions. The opportunity to work in a collaborative environment that fosters diversity and innovation aligns perfectly with my professional values and career aspirations.

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    As the world’s trusted infrastructure consulting firm, we’re committed to managing our business with the utmost responsibility and to always strive for better – whether by reducing emissions, creating social value or diversifying our senior leader...

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    DATE POSTED
    January 14, 2025

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