Construction Cost Accountant, Apac

About Vantage Data Centers

Vantage is committed to being a workplace of inclusion, equity, respect and acceptance. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience.

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

Position Description

Vantage is seeking a proactive, diligent Construction Cost Accountant. A critical role in maintaining and improving the construction accounting database, reporting suite and controls. Working closely with the larger Finance group and with Design and Construction functions to produce insightful reporting into key business decision makers.

Essential Job Functions- Build monthly actual and forecast project cost reports and variance analysis for all existing projects- Ensure actual construction costs align with forecasted expectations- Lead Construction Administration (“CA”) of contracts- QA/QC for project costs to date, cost coding, and monthly forecasts- Provide technical accounting expertise on Fixed Assets and Leases under IFRS GAAP, including oversight of fixed assets and leasing issues/risks

Duties- Construction cost accounting operations- Manage data inputs between Yardi and ProcoreReview CAPEX AP invoices and progress billing entry-
- Review and issue Debtors and Invoice reports-
- Construction cost reporting- Own and maintain various KPI schedules.-
- Define, create, and maintain various databases related to projects and contracts in order to provide accurate and relevant data or analysis to top management-
- Update monthly EAC proformas with actuals and committed spend-
- Investigate CAPEX transactions and close out queries-
- Consolidate CAPEX report-
- Close out POs as part of the demobilization process of completed contracts-
- Supporting month end and forecasting process-
- Support external audit process-
- Fixed assets accounting- Create and monitor a system of controls, procedures and forms for recording of fixed assets-
- Record fixed assets acquisition and disposals in accounting system-
- Track the compilation of construction in progress into fixed assets account-
- Execute depreciation run and depreciation reasonableness check.-
- Reconcile the balance in the fixed assets subsidiary ledger to the general ledger.-
- Update the detailed movement schedule of fixed assets for reporting and attend to auditors’ queries.-
- Investigate potential obsolescence of fixed assets-
- Conduct physical inventory counts of fixed assets.-
- Assign tag numbers to fixed assets-
- Conduct analysis related to fixed assets-
- Cash flow forecast on capital expenditure for hedging purpose-
- Submission of fixed assets information for insurance coverage-
- Analyse, initiate, and implement best practices and procedures in the CCF department.- Advise senior management on any critical trends in relation to the financial performance of the company- Promote a strong culture of cooperation within the team

Job Requirements- Degree / diploma in Business, Accounting/Finance, or related field- 4+ years fixed assets accounting experience required- Good technical knowledge in accounting standards (IFRS and USGAAP)- Knowledge of general APAC tax and experience in multi-currency and multiple company environments- Ability to work in a fast-paced environment with many simultaneous priorities from time to time- Facility to “roll up one’s sleeves” and collaborate with process participants in solving issues- Skilled at using various ERP and with technology in general- Knowledge of Yardi Voyager, preferred but not required- Knowledge of Procore, preferred but not required- Data center, real estate, or construction industry experience, preferred but not required- Proficient in the Windows and Office 365 environment

We operate with No Ego and No Arrogance. We work to build each other up and support one another, appreciating each other’s strengths and respecting each other’s weaknesses. We find joy in our work and each other, actively seeking opportunities to inject fun into what we do. Our hard an efficient work is rewarded with an above market total compensation package. We offer a comprehensive suite of health and welfare, retirement, and paid leave benefits exceeding local expectations.

Safety and security always matter. During COVID, all positions that can work remotely have been, and appropriate steps have been taken to ensure the safety of employees in any position essential to be on site. Regardless of where you are working, technology to work effectively is provided on or in advance of your first day of employment.

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