Project Billing Specialist, Construction Equipment - Scarborough, Ontario Canada - 22958

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Job #: 22958
Title: Project Billing Specialist, Construction Equipment
Job Location: Scarborough, Ontario - Canada
Employment Type:
Salary: contact recruiter for details
Employer Will Recruit From: Local
Eastern GTA
Relocation Paid?: NO


Our client is a private multi-national corporation, operating worldwide.  It is the world leader in the design, manufacturing and distribution of specific equipment used in the construction industry.
They are seeking to hire a Accounts  Receivable & Billing Accountant for their Toronto East office specialized in projects that are billed according to the % of completion method.

The Project AR Accountant is responsible for the administration, recording and collection of accounts receivable for the Projects Division. Overall responsibility is to properly record and maintain accounts receivable for the division in coordination with the Vice President Operations and the Projects Managers. In addition, the incumbent is responsible for collection of said accounts ensuring all accounts are kept current. The position is part of the Account Receivable team which reports directly to the Vice President Administration and Finance.





Main duties & responsibilities include:

• Setting up new customer profile
• Set up projects and billing schedule in coordination with Project Managers and Contract Department,
• Maintain contract value and billing schedule up to date with change orders,
• Review progress billing proposal with Project Managers and submit to Customers.
• Follow up with customer and obtain approved progress billing
• Process approved progress billing per customer billing requirements and paperwork in coordination with Project Managers, accounting, contract  and payroll departments
• Collect outstanding AR,
• Collect retention,
• Process bank deposit,
• Maintain aging in good standing
• Report overdue accounts to Project Managers,
• Ensure all billings are accurately posted and up to date
• Provide with accurate but ambitious collection forecast on a monthly basis
• Update upper management, on a regular and timely basis, the status of delinquent accounts.
• Any other specific  projects as is requested from time to time by Management


The incumbent must have proficient knowledge in the following areas:
• knowledge of percentage of completion construction billing
• ability to maintain a high level of accuracy in preparing and entering financial information
• ability to maintain confidentiality concerning financial files/information
The incumbent would normally attain the required knowledge and skills through completion of basic construction and percentage of completion accounting coursework combined with related financial and administrative experience. Equivalencies will be considered.

University - Associate's Degree/Graduate Diploma/2 Years