Cost Accounting Specialist in Mississauga

If you are looking for a new challenge and want to help shape the future of STRABAG, take a look at the job description below.

Pay Range: $67,000 - $75,000 annually, with final compensation determined by skills, experience, and role requirements.

What matters to us:

• Experience with cost centers, cost accounting, invoicing, and monthly accruals.
• Strong full-cycle accounting background: AP/AR, journal entries, reconciliations, multi-currency and intercompany transactions.
• Comfortable managing multiple concurrent cost centers of varying duration and experienced with internal/intercompany cost allocation and invoicing.
• Hands-on proficiency in Microsoft Dynamics, including invoice processing, payment runs, and vendor management.
• Intermediate to advanced Excel skills, including data manipulation and reporting.
• Background in financial or cost accounting, preferably within the construction industry.
• Fluent in English, written and verbal.
• Sharp attention to detail with the organizational skills to manage multiple priorities under deadline pressure.
• Comfortable making sound decisions independently while coordinating with multiple project teams.
• Trustworthy with confidential financial information.
• Results-focused, with a bias toward resolving issues rather than escalating them.

Qualifications:

• 3-5 years of relevant experience in accounts payable/receivable, cost accounting, or project accounting, with construction industry experience considered a strong asset.
• Bachelor’s degree in Business Administration, Accounting, Finance, or Economics, or an equivalent combination of education and experience.
• Experience with Microsoft Dynamics would be strongly considered an asset.

Essential Duties and Responsibilities:

• Cost Center Management (Portfolio-Wide): Maintain the financial integrity of all active project cost centers by ensuring the accurate, complete, and timely recording and allocation of costs, revenues, accruals, and related project transactions.
• Monitor head office (non-project) cost centers where staff costs and company overhead are recorded.
• Prepare and process internal invoicing to allocate costs between head office and project cost centers, and between project cost centers where required.
• Accounts Payable & Receivable: Verify and process accounts payable invoices across active projects, with a strong focus on subcontractors and suppliers.
• Verify and process accounts receivable invoices and prepare outgoing client invoicing.
• Review and validate vendor invoices and payment allocations, ensuring all amounts are accurately recorded against the correct vendor accounts before payments are approved and released.
• Validating and preparing invoices for payment according to contract and PO terms and monitor available payment discounts.
• Reviewing foreign-currency group costs and allocating them correctly.
• Reconcile vendor accounts by verifying monthly statements and related transactions.
• Monitor aged accounts payable and accounts receivable balances across all cost centers.
• Resolve purchase order, invoice, and payment discrepancies.
• Process staff expense claims, including corporate credit card expenses; prepare and verify complete backup documentation and expense reports for reconciliation and approval.
• Maintain transaction backups, financial files, and accounting records in the system.
• Cost Accounting & Accruals: Perform all aspects of cost accounting, including monthly accruals, within Microsoft Dynamics, across all active project and head office cost centers.
• Maintain accurate records in Microsoft Dynamics and ensure data reconciles with the group’s AS4U system.
• Lead monthly closing of project and head office cost centers.
• Execute month-end close activities including reconciliations, variance analysis, and forecasting support.
• Cost Control & Reporting: Generate monthly performance reports in cooperation with the project management team for each active project.
• Track project costs and revenue against budget across the portfolio and flag variances early.
• Assist in managing short- and mid-term cash flow forecasts across active projects.
• Synchronize financial data with project teams to keep reporting consistent.
• Support development of financial targets and budgets and monitor compliance.
• Additional Coordination & Support: Assist with project procurement schedules and coordinate with internal teams on timely procurement of materials, equipment, and services.
• Contribute commercial input to subcontract and supply agreement negotiations, as appropriate based on experience and level of responsibility.
• Support monthly inventory checks, where needed.
• Coordinate with Head Office on insurance policy procurement and claims notification.
• Coordinate with Head Office on project-related bank guarantees and letters of credit.
• Assist the bid team with commercial input during RFQ/RFP phases.
• Coordinate personnel, resourcing, and IT needs with Head Office.
• Other related duties as assigned.

What you stand to gain: We stand for respect, partnership, and sustainability, creating a work environment that promotes safety, health, and development. Our committed and healthy employees are our most valuable asset – the foundation for sustainable growth and innovation. With our "People. Planet. Progress." strategy and the motto WORK ON PROGRESS, we drive change forward – with the goal of climate neutrality by 2040.