Joint Venture Project Controller - Edmonton
• Establish and administer financial, cost control, and supply chain policies and processes for a Project Joint Venture.
• Liaise and coordinate with the Project Manager on reports prepared for the Management Committee and Partners’ Financial Departments, as required.
• Prepare timely monthly financial statements in accordance with GAAP/IFRS.
• Prepare timely monthly financial reporting as is required for each Joint Venture member.
• Ensure progress draws/invoices are issued in a timely fashion.
• Co-ordinate with Procurement, Engineering and Project Management to produce cost estimates, budgets and cash flows.
• Monitor costs and prepare cost reporting as required by Project Manager.
• Review of subcontract agreements to ensure compliance with any financial or audit requirements.
• Ensure Subcontractor/Supplier invoices are in compliance with subcontract/purchase order terms.
• Prepare Monthly reports as required for Client reporting.
• Co-ordinate the processing of the joint venture payroll and cost allocations to the project.
• Manage Treasury functions for the Joint Venture including bank accounts, bank reconciliations, letters of credit and FX hedging agreements.
• Prepare monthly cash flows.
• Arrange for annual external audits of JV Financial Statements, and prepare year-end working papers and financial reporting as required by each Joint Venture member.
• Liaise with Joint Venture member internal auditors and provide supporting schedules/documents as required.
• Prepare and update quarterly forecasts, and annual budgets.
• Assist with insurance issues.
• Provide technical guidance to co-workers.
• Implement and maintain internal controls to satisfy CEO/CFO requirements.
• University graduation in Administration or Commerce and at least ten years of related experience, or an equivalent combination of education and experience.
• Solid understanding of accounting and finance principles and procedures.
• General understanding of applicable legislation and regulations.
• Proficiency in principles and theories of field of work.
• Membership in a recognized professional association is generally required.
• Must be pro-active, detail-oriented and have excellent analytical skills