Under the direction of the Assistant Manager, Project Accounting, the Project Cost Accountant is responsible for controlling project costs through reporting, monitoring, analysis, and collaboration with the Project Management Office (PMO).

The Project Cost Accountant is responsible for the interpretation of International Financial Reporting Standards (IFRS) as they relate to project costs and the related impact to the corporation upon adoption of new standards. This position prepares the interim and year-end financial audit documentation and responses. This position is the lead for the general rate application (GRA) information as it pertains to project costs, such as capital and expense workbooks, appendices, and tables, including responses to related information requests.

The Project Cost Accountant keeps up to date with changes and aligns forecasting and reporting with industry and corporate trends, such as agile portfolio management methodologies. The position mentors Project Cost Analysts, assisting them in the development of analytical skills and business knowledge.

• Perform complex data and statistical analysis to identify the underlying causes of project cost trends and anomalies.
• Collaborate with the project management office responsible regarding forecasted and actual results and financial variances, as required.
• Proactively investigate and escalate project cost trends and anomalies as required.
• Prepare various reconciliations, third party filings, analysis, and financial reports on the financial performance of corporate initiatives, including allocation of corporate project expenses.
• Improve and deliver monthly financial reports that identify project cost performance.
• Prepare the monthly financial accruals and other project cost related journal entries.
• Participate in project cost forecasting as part of the annual rate setting process, in conjunction with other departments.
• Professionally, concisely, accurately explain the underlying causes of project cost trends and anomalies.
• Work with the PMO to identify project cost-related reporting needs.
• Provide advice regarding finance management and forecasting.
• Mentor Project Cost Analysts in developing methods for moderately complex diagnostic analysis and interpreting and communicating results.
• Create, automate, and maintain project cost-related reports and dashboards using tools like Excel.

Education:

• Degree in Commerce, Accounting, Finance, or related field.
• Professional accounting designation (CPA, CA, CGA or CMA).
• Completion of an International Financial Reporting Standards (IFRS) accounting course is an asset.

Experience:

• Six years of related accounting experience in forecasting and/or budgeting (corporate and/or project related).

Technical Knowledge and Skills:

• Advanced knowledge and experience with MS Office including Word, Excel and Outlook applications.
• Advanced technical foundation in accounting with intermediate knowledge of related principles (IFRS,).
• Working knowledge of financial information systems and software applications with a focus on financial reporting, budgeting, and statistical analysis.
• Knowledge of Project Management principles.
• Working knowledge of budgeting principles.

Health benefits

We offer a comprehensive health benefits program that includes:

• flexible health, dental and vision plans
• health spending account
• travel health coverage
• other extended health benefits such as ambulance, massage and physiotherapy

Financial security

In an effort to support financial security, we offer:

• registered pension plan
• group, dependent, and optional life insurance coverage
• critical illness insurance
• sick leave to cover short-term disability
• long-term disability

Wellness

We offer programs that focus on how to better achieve a balance between work and personal commitments, as well as maintain a healthy workplace culture. This includes:

• vacation entitlement
• flexible work arrangement for eligible positions
• maternity, parental and adoptive leaves
• bereavement and family responsibility leaves
• employee and family assistance program
• mental-health programming
• lunch-and-learn offerings
• discounted gym memberships and wellness account

Diversity and inclusion

Manitoba Public Insurance believes that diversity and inclusion strengthens us. We consider ourselves to be a barrier-free organization where individual values, beliefs and practices are respected and appreciated for the diversity they bring to our work life.

Employee recognition

It’s important to recognize our employees for their contributions. Not only do we recognize employees as they achieve milestone years in their careers, we also have several outlets for leaders and peers to reward each other for work well done.

Professional development

We want our employees to grow, which is why we offer support in keeping their skills up-to-date. We offer in-house training, professional development and an educational assistance program.

Safety and health

In an effort to encourage a safe and healthy work environment, we offer various safety, health and workplace policies and programs along with technical expertise and assistance to support employee activities in safety and health.