Project Accountant

Aventus Development Corp.; Burlington; On-site; CAD 80,000 - 100,000; Full time

Benefits offered by this job

Extended health and dental benefits

RRSP matching program

Job summary

Aventus Development Corp., Burlington-based real estate developer, seeks an experienced Project Accountant who can manage hands-on and strategic accounting for a portfolio of real estate development projects. You will work closely with the Construction Team and lenders to ensure timely construction draws and accurate financial reporting.

Responsibilities include full-cycle month-end close, review of costs, WIP, SoVs, and coordinating with Accounts Payable to ensure timely payment of project

Qualifications

• 5+ years in project accounting for real estate or construction.
• Experience preparing construction financing draws.
• Strong budgeting, cost control and month-end close skills.
• Self-directed with ownership and deadline-driven accuracy.
• Attention to detail and proactive issue resolution.

Responsibilities

• Work closely with Construction Managers on project budgeting, reporting variances.
• Execute full-cycle month-end close for multiple projects.
• Review project accounting activity including vendor expenses, percentage of completion, and WIP.
• Maintain financing draw schedule and prepare monthly draw packages (SoVs) for lenders.
• Collaborate with lenders and cost consultants to reconcile draws and funds.
• Prepare cash reconciliations between draw funds and vendor payables.
• Review project costs, invoices, contracts, POs and change orders for accuracy.
• Coordinate with Accounts Payable and Construction Managers to process project invoices.
• Monitor project activity to identify and resolve financial issues.
• Complete month-end accounting including journal entries and reconciliations.
• Prepare monthly actual cost and commitment reports for Construction team.

Skills

Project accounting

Construction financing draws

Budgets & costs

Month-end accounting

Vendor & PO review

Job description

Aventus Development Corp. is looking for an experienced Project Accountant who is both handson and strategic; providing support in producing accurate and timely accounting and financial reporting for a portfolio of real estate development projects, while also working closely with the Construction Team and lenders for monthly construction draws.

This is a hands-on role for someone who understands construction, accounting, project budgets, costs and commitments, and construction financing draws. You'll work with

our Construction and Finance teams to keep project financials accurate and draws moving on time.

What you will be doing:

• Work closely with Construction Managers on project budgeting, maintaining project budgets and reporting on actual and forecasted variances.
• Execute the full-cycle month-end close for multiple projects, ensuring accuracy with minimal supervision.
• Review project accounting activity, including vendor expenses, percentage of completion and work-in-progress (WIP), and respond to information requests from Construction Managers.
• Maintain the project financing draw schedule and prepare monthly construction financing draw packages, including Statements of Values (SoVs), for submission to lenders and cost consultants.
• Work directly with lenders and cost consultants to reconcile financing draws, resolve discrepancies and ensure accurate reconciliation of draw funds.
• Prepare cash reconciliations between draw funds received and amounts payable to vendors.
• Review and analyze project costs, invoices, contracts, purchase orders and change orders, ensuring accuracy, appropriate coding and alignment with project budgets.
• Coordinate with Accounts Payable and Construction Managers to support the timely processing and payment of project invoices.
• Maintain a strong understanding of project activity and status, proactively identifying, investigating and resolving financial issues.
• Complete month-end accounting requirements, including journal entries, account reconciliations and HST remittances.
• Prepare monthly actual cost and commitment reports and other financial information required by the Construction team.

What you bring:

• 5+ years of project accounting experience, ideally in real estate development or construction.
• Hands-on experience preparing construction financing draws.
• Strong understanding of project budgets, construction costs, commitments and month-end accounting.
• A self-directed approach, you take ownership, ask questions and follow issues through to resolution.
• Strong organization and attention to detail in a deadline-driven environment.

Aventus Development Corp. is a Burlington-based real estate development company with projects across Southern Ontario. We are a growing organization focused on the development of well-designed, modern communities in prime locations.

We offer extended health and dental benefits, along with an RRSP matching program.

Expected Salary: $80,000-100,000 per year. The final salary will be determined based on the successful candidate’s experience and qualifications.

This posting represents an active vacancy. Aventus Development Corp. is an equal opportunity employer. Accommodation is available throughout the recruitment process upon request. We may use AI tools to support certain aspects of our recruitment process.