Financial Project Analyst
Fort McKay Group of Companies Fort McMurray, Alberta, Canada
Oil and Gas · 1,001-5,000 employees
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About the role
The Project Analyst is responsible for the overall financial management of assigned projects, including project setup, maintenance, financial analysis, and closure. They collaborate with internal departments to ensure accurate cost recognition, revenue reporting, and timely invoice submissions.
What they look for
Requirements
Candidates should have post-secondary education in Accounting, Finance, or Business Administration and 0-3 years of related experience. Proficiency in Microsoft Excel and Power BI is required, with experience in SAP and general accounting knowledge preferred.
Benefits
Full description
At Fort McKay Group of Companies LP we are committed to ensuring “no harm” to our most valuable asset – people. We achieve this by: promoting personal safety amongst the workforce; striving for excellence in Safety Performance by making continuous improvement an essential component of our Health, Safety & Environment management systems; we believe the safety is everyone’s responsibility and can only be achieved through the active participation of everyone within the organization. We are devoted to making “Safety… Our Way of Life”.
Summary:
Under the direction of the Finance Manager Shared Services, the Project Analyst will be responsible for the overall financial project management of their assigned projects to ensure top financial performance of their projects. This position may require client site access, as such, completion of pre-access testing may be required.
Key Focus:
- Financial management of projects assigned by the Finance Manager Shared Services, which includes but is not limited to project setup, maintenance, financial analysis, and project closure.
- Work together with Accounts Payable and Procurement to ensure accurate and timely cost recognition. Includes review and coding of month end cost accrual entries.
- Work together with Accounts Receivable and Billing Administration to ensure invoice submissions meet contractual obligations. Ensure revenue is recognized in accordance with IFRS standards. Including the creation of month end revenue accrual entries.
- Primary contact for Project Managers (PM) regarding financial management of projects.
- Analyze financial performance of projects and prepare internal financial statements and other month end reports. Support Operations and Finance Managers during month end review and presentations..
- Independently organize and prioritize workload to ensure timely completion of deliverables. Escalate concerns/issues to Finance Manager Shared Services as required.
- Perform other ad hoc functions as requested.
- Collaborate with finance team to ensure timely delivery and accurate completion of tasks.
- Prepare internal financial statements for assigned projects.
- Respond to inquiries from Finance Manager Shared Services and Finance Managers.
- Prepare annual budgets for assigned contracts.
- Provide monthly non billable reporting to be presented in the Operations P&L review.
- Review journal entries and financial statements prepared by Corporate Finance to identify errors and adjust within month end timeframe.
- Prepare margin analysis and provide commentary.
- Prepare project forecasts monthly.
- Prepare client burden reconciliations annually.
- Assist in the creation of contract rates and provide analysis on cost recovery.
Knowledge and Skills Requirements:
- Post-secondary education in Accounting, Finance, Business Administration, or a related field preferred.
- 0-3 years of related experience preferred but not required.
- Experience with SAP is preferred but not required.
- Must be organized, willing to embrace change and have a strong attention to detail.
- Excellent problem-solving skills are required.
- General accounting knowledge obtained through experience and/or education.
- Excellent customer service and communication skills (written and oral) along with the ability to build and foster excellent working relationships.
- Ability to identify potential implications of actions to mitigate downstream financial impacts.
- Microsoft Excel and Power BI skills required with an intermediate level understanding preferred.
- Ability to independently review contracts and understand the contract terms regarding project type, scope of work and invoicing terms.
This is a full time position located at the Satellite Office in Fort McMurray, AB.
Work Schedule: Monday to Friday, 8 Hours / day.
NOTE: Flight and Camp accommodation are NOT Provided
What we offer:
- Company matching pension plan
- 100% Company paid group benefits including Life Insurance, Accidental Death & Dismemberment, Dependent Life, Critical Illness, Health, Dental, Employee and Family Assistance Program, and a Health Spending Account.
- Highly competitive salaries
- Safe working conditions
- The opportunity to make a difference: Rewarding and engaging atmosphere where you will see your contribution at work and be encouraged to grow in your career.
- Work-life balance: We know our people have places to go, people to see and good times to have and we support that!
Fort McKay Group of Companies is a growing oilfield and Construction Company which is 100% owned and controlled by the Fort McKay First Nation in Alberta, Canada. The Fort McKay Group of Companies LP is an equity employer and qualified applicants of indigenous ancestry may be given first consideration in any hiring decision. If you wish to receive consideration under the equity principles in our Hiring and Recruitment Policy you must declare your indigenous status in your application.
