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Manager Capital and Project Accounting


Calgary, AB, CANADA
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Roneta is a premier Calgary-based, Canadian-owned specialized executive search and staffing firm. Our teams work with intermediate through executive professionals.

Roneta works across all sectors in Western Canada and provides both permanent and contract/project individuals in the accounting, finance and legal professions.

Industry Transportation
City Calgary
Term Permanent
Title Director Property Accounting
Overview Our Calgary-based public company client is an industry leader in North America and is seeking someone who can make a mark in business process improvement and strong team leadership.

This company, located outside of the city, has seen their stock quadruple in value over the last two years.

Responsibilities Reporting to the Assistant Corporate Controller, you have the proven leadership ability to coach and provide direction to a team of 7 staff, including 2 managers, on the accounting and reporting of capital assets, in US GAAP, and preparing and providing supplemental reports in compliance with US and Canadian GAAP regulatory requirements. Specific duties include:
- Ensure accurate accounting and reporting of property assets that comprise $13+ billion on the balance sheet.
- Accountable for correct accounting for > $1 billion in annual Capital Expenditures
- Direct regular depreciation studies to support annual depreciation expense of >$500 million
- Coordinate and review annual reporting of assets and related information for specific users i.e. Canadian & US Tax, Regulatory Costing, Entity Reporting
- Implement timely execution of accounting policies that are consistent with Generally Accepted Accounting Principles
- Prepare and review specific schedules for regulatory reporting, both US and CDN
- Maintain contacts within the industry, staying abreast of trends and developments in the accounting for PP&E.
- Responsible for continuous improvement and ensuring that processes are optimized and working as designed.
- Directs the preparation and communication of the annual budget, monthly outlook and multi-year plan for depreciation expense.
- Acts as policy administrator to various capitalization policies including capitalized interest.

Projects include construction, IT...any kind of project in the company.

Today the scope is Property (Capital) Accounting. It is likely they will add the Project Accounting team in under this position, which is an additional 5-7 staff including 2 managers.
Requirements - Several years accounting and reporting focus on one or more of: capital planning, property/capital assets, capital projects
- Career progression to Senior Manager/Director level
- Strong experience in capital intensive businesses, i.e., in which facilities/infrastructure is built and maintained
- Accounting designation preferred
- Knowledge of US GAAP an asset
- Knowledge of regulatory reporting requirements
- SAP/ERP expertise
- Strong management and leadership skills including coaching, motivating, team building, implementing change, process improvement.
Salary $120-160k
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