Project Accountant – Residential Development

Full-Time | Permanent

Location:
North York, ON

A well-established real estate development organization is seeking a Project Accountant to join its growing finance team. This role will support the accounting and financial reporting functions for a portfolio of residential development projects, working closely with project teams, accounting leadership, and external stakeholders.

The successful candidate will gain exposure to all phases of the development lifecycle, including project costing, construction accounting, lender reporting, sales closings, reconciliations, and financial reporting. This is an excellent opportunity for an accounting professional looking to build their career within the real estate development industry.

• Join a reputable and growing real estate development organization
• Gain exposure to large-scale residential development projects
• Work alongside experienced development accounting professionals
• Opportunity for career growth and progression within finance and accounting
• Collaborative and team-oriented environment
• Competitive compensation and benefits package

• Assist with project accounting activities for residential development projects
• Monitor project costs, budgets, commitments, and job cost reporting
• Process project-related transactions and maintain accurate accounting records
• Support the tracking and analysis of construction costs throughout the development lifecycle
• Assist with cash flow forecasting and project financial reporting
• Prepare and maintain account reconciliations, including bank reconciliations and balance sheet schedules
• Assist with month-end, quarter-end, and year-end close activities
• Prepare journal entries and supporting working papers
• Support the preparation of financial statements and management reports
• Assist with lender reporting requirements and project-specific financial analysis

• Assist with recording acquisitions, sales transactions, and development-related accounting entries
• Support the preparation and review of Statements of Adjustments
• Reconcile closing proceeds and ensure supporting documentation is complete and accurate
• Maintain project records and supporting schedules

• Review invoices and ensure costs are coded accurately to projects
• Assist with purchase order tracking and accounts payable processes
• Support HST reconciliations and tax filings
• Ensure project-related documentation is organized and maintained

• Assist with improving accounting processes and reporting efficiencies
• Support special projects and ad hoc analysis as required
• Work collaboratively with internal departments and external stakeholders

• 5+ years of accounting experience, preferably within real estate development, construction, or project-based industries
• Understanding of project accounting, job costing, and financial reporting principles
• Strong analytical and problem-solving skills
• Excellent attention to detail and organizational abilities
• Ability to manage multiple priorities and meet deadlines
• Strong communication and interpersonal skills
• Advanced Microsoft Excel skills

• Experience with in residential real estate development or construction accounting
• Exposure to job cost accounting and project reporting
• Experience with development or construction accounting software
• Knowledge of Yardi, Newstar, or similar accounting systems
• Progress toward CPA designation

• Bachelor's degree or diploma in Accounting, Finance, Business, or a related discipline
• CPA designation in progress is considered an asset
• Strong understanding of accounting fundamentals and financial reporting
• Ability to thrive in a fast-paced and deadline-driven environment
• Demonstrated professionalism, accountability, and attention to detail