Development Accountant (12 Month Contract)

Medium; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading real estate investment trust located in Toronto is seeking a Development Accounting professional to oversee project cash flows and budgeting. The role involves updating budgets, supporting financial analyses, and ensuring accurate reporting. The ideal candidate has a college diploma in finance or accounting, at least three years of relevant experience, and proficiency in Yardi and Excel. This position offers a comprehensive benefits program and opportunities for professional growth.

Benefits

Health and dental benefits

Retirement program with matching contributions

Flexible work hours

Professional development opportunities

Paid time off and parental leave top-up

Qualifications

• Minimum 3 years of Development Accounting experience or equivalent.
• Proficient in Microsoft Word, Intermediate Excel and Outlook.
• Ability to understand detailed financials and contractual information.

Responsibilities

• Input, update and track Development, Construction and Renovation budgets.
• Support the Development department in Pro‑Forma preparation, budgeting and reforecasting.
• Collaborate on preparation of monthly/quarterly variance reporting.

Skills

Financial analysis

Budgeting

Communication skills

Organizational skills

Analytical skills

Education

College Diploma or Certificate in Finance or Accounting

Tools

Yardi

Hubble

Argus

Microsoft Excel

Job description

Who We Are

For over 30 years, our entrepreneurial mindset and strategic vision have fueled our growth into one of Canada’s largest and most successful REITs. Our retail-focused and mixed-use portfolio reflects our commitment to creating vibrant community spaces where people want to shop, live, work, and play. We take pride in our strong legacy while continuously adapting, innovating, and investing in the future. We are proud to be recognized as one of Canada’s Most Admired Corporate Cultures, Canada’s Greenest Employers and a Greater Toronto Top Employer.

At RioCan, we believe our people are our greatest strength. We foster a welcoming, inclusive culture where employees can connect authentically, grow continuously, and bring their whole selves to work. Here, you’ll find opportunities to learn, lead, and make an impact every day.

Position Overview

Reporting to the Manager, Development Accounting, this position is responsible for Development Accounting analysis, Construction / Development project cash flows / budgeting / re-forecasting and all job cost / procurement input, and reporting.

Responsibilities

• Yardi Business Unit Set-up for Development, CapEx and Tenant Construction projects
• Input, update and track Development, Construction and Renovation budgets
• Support the Development department in Pro‑Forma preparation, budgeting and reforecasting
• Collaborate with the Development department in the preparation of monthly/quarterly variance reporting. Monitor and reconcile project variances (Budget, purchase orders, cost to date) to ensure financial reporting requirements are met
• Development Cash‑flow update
• Enter Accounting and Procurement Ledger Journal Entries
• Calculate cost to complete and PUD/IPP value splits for IFRS valuation purposes
• Monthly Bank reconciliations
• Monthly HST filing
• Prepare working paper files for submission to internal and external auditors
• Other duties / projects as assigned.

Qualifications

• Ability to understand detailed financials and contractual information
• Ability to identify deficiencies, errors and misrepresentations in financial reporting
• Ability to apply logic and reasoning when analyzing development projects
• College Diploma or Certificate in Finance or Accounting
• Minimum 3 years of Development Accounting experience or equivalent
• Experience with Residential
• Proven verbal and written communication skills
• Proven organizational and analytical skills
• Experience using Yardi, Hubble, and Argus
• Proficient in Word, Intermediate Excel and Outlook

Benefits

• Extensive Health and Benefits Program including health and dental benefits starting on day one, healthcare and wellness/lifestyle spending accounts, virtual healthcare services, and more
• Comprehensive Retirement Program with matching employee contributions, pension plan, and employee unit purchase plan
• Work/Life Balance with flexible work hours, extra‑long weekend with RioCan Cares Day, and half days before long weekends in summer
• Professional Growth and Development through education reimbursement, mentorship and leadership development, online learning, and cross‑functional training
• Additional Perks including paid time off, parental leave top‑up, employee discounts, referral and recognition programs, and community initiatives

Why Join RioCan?

We believe in rewarding you for what you do and investing in your career and long‑term success. If you share RioCan’s values and a passion for real estate, we want to hear from you.

We are committed to creating a diverse and inclusive work environment where all employees are valued, included, and empowered to do their best work and bring great ideas. RioCan welcomes applications from all candidates and is committed to providing accommodations for people with disabilities. If you require accommodation at any stage of the application process, please let us know, and we will be happy to work with you to meet your needs.

You can visit us at www.riocan.com and follow us on LinkedIn to learn more about who we are and what a career at RioCan can look like for you.