Development Accountant, Residential

isgSearch; Toronto; On-site; CAD 90,000 - 95,000; Full time

Benefits offered by this job

Stable, pension-backed developer

Career growth opportunities

Collaboration with senior teams

Job summary

A well-established pension-backed real estate developer in Toronto is seeking a Senior Development Accountant. This role involves managing accounting for multiple development projects with budgets ranging from $150M to $300M. Candidates should have over 2 years of relevant experience, particularly with construction loan management and project budgets. The work environment is collaborative, with exposure to senior leadership, and requires four days in the office per week, offering strong career growth opportunities.

Qualifications

• 2+ years development accounting experience required.
• Strong understanding of development project accounting.
• Experience with construction loan draws and budgets is essential.

Responsibilities

• Manage accounting for multiple development projects.
• Prepare and submit construction loan draws.
• Monitor development budgets vs actuals.

Skills

Development accounting experience

Analytical skills

Attention to detail

Ability to work independently

Tools

Yardi

JD Edwards

Job description

Permanent

Job title: Senior Development Accountant

Salary: $90,000-$95,000 base salary + 10% bonus + benefits

Role status: Downtown Toronto, ON - 4 days in office

Our client: We are hiring on behalf of our client, a well-established pension-backed residential real estate developer and asset manager that has been operating successfully for decades. The organization manages a large residential portfolio and maintains an active development pipeline across the GTA. With strong institutional backing, the firm has remained active even in the current slower market environment, strategically acquiring new projects and taking over developments. The company is known for being stable, collaborative, and providing strong exposure to senior leadership.

Our client is seeking a Senior Development Accountant to support accounting and financial management across several active residential development projects. This role works closely with the finance and development teams and supports projects through the full lifecycle—from land acquisition through construction and stabilization. Projects typically range from $150M to $300M.

Responsibilities

• Manage accounting for multiple development projects
• Prepare and submit construction loan draws
• Track development costs and capitalized interest
• Monitor development budgets vs actuals
• Prepare monthly and quarterly financial statementsSupport JV and investor reporting
• Review work from outsourced property accountants
• Assist with forecasting and project analysis
• Support cash flow tracking and project reporting

Qualifications

• 2+ years development accounting experience
• Strong understanding of development project accounting
• Experience with construction loan draws and budgets
• Exposure to financial statements and JV reporting
• Yardi preferred, JD Edwards a plus
• Strong attention to detail and analytical skills
• Ability to work independently in a fast-paced environment
• Must work in office four days per week

Benefits

• Join a stable, pension-backed developer with decades of history
• Exposure to $150M-$300M residential developments
• Work closely with senior development and finance teams
• Platform that continues to acquire projects in a slower market
• Strong opportunity for career growth in development accounting