Project Accounting Advisor II (Capital Assets) 📍 North York, ON (Hybrid: In-office Monday, Tuesday & Thursday) 🗓 Contract Duration: September 1, 2026 – August 31, 2027 💲 Pay Rate: Up to $47.00/hour + 4% Vacation Pay About the Opportunity We are seeking an experienced Project Accounting Advisor II (Capital Assets) to join a dynamic accounting team supporting large-scale capital projects and fixed asset accounting activities. This role is ideal for a hands-on accounting professional who understands the complete capitalization lifecycle, from project setup and cost tracking through capitalization, unitization, depreciation, and reporting. Working closely with Capital Management, Fixed Assets, Financial Reporting, FP&A, Regulatory, and Tax teams, you will play a key role in ensuring the accuracy and integrity of capital asset accounting, financial reporting, audit support, and continuous process improvement initiatives. This is a highly visible role that also provides coaching and guidance to junior team members. Key Responsibilities Support monthly and quarterly close activities related to capital projects and capital assets Prepare and review journal entries, reconciliations, accruals, cost transfers, and supporting schedules Manage project accounting activities, including project setup, cost tracking, capitalization readiness, and project closeout Analyze and resolve complex accounting issues, transaction discrepancies, and balance variances Prepare recurring and ad hoc capital asset and project accounting reports Support AFUDC/IDC calculations and related accounting processes Assist with project cost allocations and transfers Support internal and external audits, SOX compliance, controls testing, and process walkthroughs Develop and maintain accounting process documentation and procedures Participate in balance sheet cleanup, CWIP cleanup, and remediation initiatives Identify opportunities for process improvements, efficiencies, and strengthened controls Provide technical guidance and coaching to junior accounting team members Collaborate with stakeholders across Accounting, Capital Management, FP&A, Regulatory, Tax, and Financial Reporting Required Qualifications Bachelor's degree in Accounting, Finance, or a related discipline 5+ years of progressive accounting experience Strong knowledge of accounting principles and month-end close processes Experience in one or more of: Project Accounting Capital Accounting Fixed Asset Accounting Construction Accounting Advanced Excel skills Experience with large ERP systems such as SAP or Oracle Strong analytical, problem-solving, and reconciliation skills Excellent communication and stakeholder management abilities Ability to independently investigate accounting issues and recommend solutions Proven ability to manage multiple priorities in a fast-paced environment Preferred Qualifications CPA designation or CPA candidate Utility industry experience Experience with capital project accounting and CWIP accounting Knowledge of capital accruals, project cost transfers, AFUDC/IDC, and capital reporting Experience supporting audits, SOX controls, and internal control documentation Experience leading or contributing to process improvement initiatives Previous coaching, mentoring, or review responsibilities Highly Desired Experience Candidates will stand out if they have experience with: Fixed Asset Accounting Asset Unitization In-Service and Capitalization Processes Depreciation Accounting Asset Retirement Accounting CWIP Analysis and Cleanup Asset Transfers and Asset Master Data Management Fixed Asset Cleanup and Balance Remediation Projects Regulated Utility Accounting Environments Use AI for Hiring: Our recruitment process for this role includes the use of AI-based tools to help evaluate candidate qualifications and screen applications. Why Kelly? At Kelly®, we’re committed to finding rewarding opportunities that help you thrive—both professionally and personally. We partner with leading organizations across industries, connecting talented individuals to roles that fit their skills, interests, and goals. As part of the Kelly team, you’ll have access to a diverse network, ongoing career support, and resources to help you succeed. We value inclusion, respect, and work-life balance, and we offer competitive pay and benefits. Join us and discover what’s next for your career