Project Accountant

Waterfront Toronto; Toronto; Hybrid; CAD 70,000 - 100,000; Full time

Benefits offered by this job

EAP

Paid time off

Employer-matching retirement

Professional growth reimbursement

Employee discounts

Job summary

Waterfront Toronto is seeking a Project Accountant to join our PMO and support both project management and accounting teams. The role focuses on accurate financial data management and timely processing of commitments and costs to advance city-building projects.

A post-secondary degree in Accounting, Finance, or related field and a minimum of 3 years in project accounting within a large organization are required. Strong Excel and ERP experience preferred.

Qualifications

• 3+ years of experience in accounts payable or project accounting within a large organization.
• Strong knowledge of project/job cost accounting in an A/E/C environment.
• Excellent attention to detail and ability to produce accurate work.

Responsibilities

• Expedite submission and review of project financial documentation, including invoices and payment requests.
• Verify invoice accuracy, billing rates, calculations, contract compliance and cost-to-date reporting.
• Validate change order billings against approved change orders in Dynamics 365 and resolve discrepancies.
• Review and process consultants’ rate increases and new personnel additions.
• Manage electronic invoice approval workflow and ERP entry in Dynamics 365.
• Prepare accruals, allocate overhead costs, and assist with project closeout.

Skills

Accounts payable experience

Project accounting

Analytical skills

Communication skills

Independent and collaborative work

Education

Post-secondary degree in Accounting, Finance, Business Management, or Project Management

Tools

Microsoft Dynamics 365

MS Excel

Job description

Reporting to: Senior Project Controls Manager

Vacancy Status: Existing Vacancy

The Organization: Waterfront Toronto

Waterfront Toronto was established by the Government of Canada, the Province of Ontario and the City of Toronto in 2001 to oversee and lead the renewal of the city’s waterfront. Our mandate is to deliver a revitalized waterfront that brings together the most innovative approaches to sustainable urban development, excellence in urban design, real estate development, and leading technology infrastructure. Working with the community, and with public and private-sector partners, Waterfront Toronto creates neighbourhoods anchored by parks and public spaces, and diverse, sustainable, mixed-use communities that offer a high quality of life for residents, employees, and visitors alike. We are transforming the waterfront for the use and enjoyment of the people of Toronto, Ontario and Canada, to foster economic growth and to redefine how the city, province and country are perceived by the world.

The Opportunity: Project Accountant

Waterfront Toronto is seeking a Project Accountant to join our Program Management Office (PMO). This role will provide critical support to project and program management and accounting teams by ensuring accurate financial data management and timely processing of commitments and costs, enabling the advancement of transformative city-building projects.

This position is responsible for supporting both the program/project management and accounting teams, by compiling and maintaining project data and carrying out day-to-day operational activities including the following:

Key Responsibilities:

• Expedite submission and review of project financial documentation, including invoices and payment requests.
• Review and verify invoice accuracy, including billing rates, calculations, contract compliance, cost-to-date reporting, previous invoicing, and supporting documentation such as billing breakdowns, statutory declarations, and WSIB clearances.
• Validate change order billings against approved change orders in D365 and collaborate with vendors, Procurement, and project teams to investigate and resolve invoice discrepancies.
• Review and process consultants’ rate increases and new personnel additions.
• Manage electronic invoice approval workflow and ensure timely coding and entry into ERP systems (Microsoft Dynamics 365).
• Prepare accruals, allocate overhead costs, and assist with project closeout activities.
• Generate cost reports and respond to ad hoc financial queries.
• Support audits and contribute to process improvements in project controls and accounting.

Skills and Qualifications:

• A post-secondary degree in Accounting, Finance, Business Management, or Project Management.
• Minimum 3 years of experience in accounts payable or project accounting within a large organization.
• Strong knowledge of project/job cost accounting in an A/E/C environment.
• Proficiency in MS Excel; experience with ERP systems (experience with Microsoft Dynamics 365 considered an asset).
• Exceptional attention to detail, with a demonstrated ability to produce accurate, high-quality work and identify errors, discrepancies, or omissions.
• Excellent analytical, organizational, and communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Experience in construction accounting or consulting is considered a strong asset.

*This represents the expected hiring range and does not represent the full pay range for this position. The salary offered may be higher than the posted range depending on several factors such as relevant skills, qualifications, and experience.

What We Offer:

• Employee Assistance Program (EAP) – Confidential support for employees and their families – 100% employer-paid
• Paid Time Off – Vacation, personal, and sick days
• Retirement Savings – Employer-matching RSP program – up to 6% of base pay
• Professional Growth – Learning & development reimbursement for memberships, conferences, and courses
• Employee Discount – Access to discounts for various retailers through Perkopolis

Work Location:

During this time, Waterfront Toronto is operating in a hybrid work environment. Employees are currently required to work in our office three days per week and have the option to work remotely for the remainder of the week. This is subject to change by the Corporation.

Prohibitions in the Hiring Process:

To ensure the integrity, fairness, and confidentiality of the recruitment process, candidates are required to complete all stages of the hiring process independently. The use of artificial intelligence tools (including, but not limited to, ChatGPT, Microsoft Copilot, or similar technologies), third‑party assistance, or external resources is strictly prohibited in the preparation or submission of application materials, assessments, or interview responses.

All submissions must reflect the candidate’s own qualifications, skills, and experience. Interview questions, assessments, and related hiring materials are confidential and must not be shared, reproduced, or disclosed to any third party. Failure to comply with these requirements may result in disqualification from the recruitment process.

Note on Future Opportunities:

While we review applications for this role, your application may be considered for future similar opportunities that become available. By submitting your application to us, you agree that we may consider you for an upcoming similar opportunity and can reach out to you should the opportunity arise.

Diversity, Equity, and Inclusion:

Waterfront Toronto is an equal opportunity employer, committed to representing the diversity of the city of Toronto on our team and fostering an inclusive workplace. To this effect, you are encouraged to reflect upon the diversity you would bring to the role within your application, including, but not limited to, identifying with one or more of the under‑represented groups identified within the Ontario Human Rights Code. We will provide equitable treatment and accommodation to ensure barrier‑free employment. If you require accommodation under the Ontario Human Rights Code or Accessibility for Ontarians with Disabilities Act, 2005 (AODA) at any stage of the recruitment process, please advise and we will work with you to meet your needs, up to the point of undue hardship.

AI Disclaimer:

AI‑assisted tools may be used by Waterfront Toronto to support and streamline parts of the recruitment process. However, all applications are individually reviewed, and all hiring decisions are made by our human team to ensure fairness and accuracy.