Project Accountant

SearchLabs; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A well-established GTA homebuilder is seeking a Project Accountant to join their growing team. The successful candidate will manage the full accounting cycle for various projects and support compliance reporting, with opportunities for process improvement. Candidates should possess strong analytical skills and experience in real estate accounting.

Qualifications

• 3-5 years of accounting experience, preferably in a real estate company.
• Supervisory experience is a plus.
• System conversion experience is a plus.

Responsibilities

• Oversee the full accounting cycle for multiple development projects.
• Perform timely month-end close and record pertinent transactions.
• Ensure compliance with GAAP and internal review standards.

Skills

Advanced accounting

Analytical skills

Excellent verbal and written communication

Leadership

Attention to detail

Proactivity

Education

Bachelor’s degree in Accounting

CPA

Tools

Microsoft Excel

Real estate accounting software (JDE, NEWSTAR, YARDI)

Job description

This range is provided by SearchLabs. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

CA$90,000.00 / yr - CA$120,000.00 / yr

Direct message the job poster from SearchLabs

About the Company - A well-established GTA homebuilder that develops low, mid, and high-rise residential real estate is looking for a Project Accountant to join a dynamic team environment. The company has been experiencing a high level of growth and seeking an individual with a drive to achieve excellence within. Reporting to the Controller and VP Finance, the Project Accountant will play a key role in providing reliable, timely, and efficient support and reporting for corporate entities.

RESPONSIBILITIES :

• Oversee the full accounting cycle for multiple development projects.
• Perform monthly calculations, reconciliations and recording of revenues, management fees, and interest for each project.
• Perform timely month-end close and ensure recording all pertinent transactions including setting up monthly accruals and properly document journal entries.
• Prepare monthly construction draws and co-ordinate with cost consultants.
• Coordinate with the operations and other teams to process monthly property financials (i.e. invoice coding, purchase orders, project details and variance analysis) as needed.
• Maintain ongoing analysis of project budgets on a pro forma basis from joint venture partners.
• Perform regular bank and trust deposit reconciliations.
• Set up project budgets, change orders and estimate in the accounting system, as well as implement control and maintenance activities.
• Prepare and process cash calls, record and reconcile project distributions / contributions.
• Assist in cash flow reconciliations and analysis.
• Prepare internal and external partner reporting for each project including support for GL balances.
• Assist in monthly compliance reporting to lenders, government, and partners.
• Identify and implement process re-engineering opportunities.
• Ensure compliance with Generally Accepted Accounting Standards (IFRS and ASPE), internal audit and client accounting services and internal review standards.

QUALIFICATIONS :

• Bachelor’s degree in Accounting (preferred) or Finance required; CPA a plus.
• 3-5 years of accounting experience, within a real estate company experience preferred.
• Supervisory experience a plus
• Advanced accounting and analytical skills
• Experience working with project management, as well as on development and analysis of cost standards.
• Ability to multi-task, adapt to and operate in a fast-paced, changing environment
• Excellent verbal and written communication skills
• Must be proactive and take initiative
• Must operate with a sense of urgency, quickly responding to Stakeholders
• Must be able to maintain confidentiality, utilize judgment, and work with minimal supervision.
• Must have a professional yet personable demeanor
• Must be able to work well independently with an ability to work collaboratively with others
• Must demonstrate leadership, responsiveness, and accountability
• Must be detail oriented with strong analytical skills
• Strong working knowledge of Microsoft Excel and other spreadsheet applications required; experience with real estate accounting software a plus (JDE, NEWSTAR, YARDI).
• System conversion experience a plus.

Pay range and compensation package - $100,000 - $120,000 plus benefits and bonus

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Accounting / Auditing, Analyst, and Finance

Accounting and Construction

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