Project Accountant (Construction)

Aventus Development Corp.; Burlington; On-site; CAD 70,000 - 90,000; Full time

Job summary

A real estate development company located in Burlington is seeking a Project Accountant to oversee budgeting and financial reporting for real estate projects. The role demands hands-on accounting skills and collaboration with construction teams to ensure accurate financial draw packages are prepared for lenders. Ideal candidates will have over 5 years of experience in project accounting within the construction industry, alongside proficiency in tools like Acumatica and Yardi, and a strong command of Excel. This position is critical for ensuring effective project management and financial oversight.

Qualifications

• 5+ years of experience as a Project Accountant in the construction industry.
• Outstanding proficiency in Microsoft Excel (SUMIFS/INDEX(Match)).
• Strong verbal and written command of English.

Responsibilities

• Work closely with the Construction Manager on project budgeting.
• Execute full-cycle month-end close process for multiple projects.
• Prepare cash reconciliation between draw funds received and funds to be sent to vendors.

Skills

Project Accounting

Budgeting

Financial Reporting

Microsoft Excel

Vendor Management

Communication

Education

Post Secondary Diploma/Degree in Business

Tools

Acumatica

Yardi

Job description

The Project Accountant role, located at Head Office in Burlington, is both hands‑on 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.

The Company

Aventus Development Corp. is a real estate development and investment company, committed to providing sophisticated and modern living spaces to homeowners within prime locations across Southern Ontario. Based out of Burlington, ON, Aventus leverages our industry expertise to support sustainable urban planning as an investment into the future. Aventus has evolved and grown since inception by being involved and responsible for the creation of thousands of mid‑rise and high‑rise homes in successful new communities.

Essential Functions

Development Project Budgeting

• Work closely with the Construction Manager on project budgeting
• Responsible for updating and maintaining all project budgets within the software as well as report on any actual or forecasted budget variances

Development Purchase Accounting, Invoicing & Billing

• Execute full‑cycle month‑end close process, for multiple projects, ensuring accuracy with minimal supervision
• Conduct project accounting activities such as reviewing project related vendor expenses, reviewing project percentage completion and work in progress, and responding to information requests from Construction Managers.
• Maintain strict payment draw schedule ensuring all draws are prepared and reviewed according to the standard process.
• Prepare monthly financing draw packages, incl. a Statement of Values ("SoV") based on inputs from the Construction Managers and Yardi accounting records, for submission to the lenders / lenders’ cost consultants.
• Liaise with cost consultants to reconcile any differences between the financing draw package sent to the cost consultant and the final packaged prepared by the cost consultant and sent to the lender (reconciliation of draw funds)
• Prepare Cash Reconciliation between draw funds received and funds to be sent to vendors.
• Guide Project Managers to ensure coding accuracy and in accordance with budgets.
• Support the processing of vendor invoices and purchase orders, as well as coordinating with Accounts Payable and Construction Managers for payment of invoices.
• Analyze and question project costs and ensure their accuracy and validity.
• Effectively communicate with Construction Managers regarding contract/purchase order documents, change orders and other contract/purchase order modifications and approvals
• Responsible for liaising with external contacts as needed.
• Provide account reconciliations and financial information to the Construction Department, as required.
• Monitor monthly activity and maintain a strong understanding of project status.
• Execute full‑cycle month‑end close process, including posting journal entries and reconciling accounts as well as HST remittances.
• Prepare monthly actual cost and commitments reports.
• Prepare monthly construction financing draws and co‑ordinate with cost consultants for various projects, as applicable

Who You Are

• Post Secondary Diploma/Degree in Business is preferred
• 5+ year of experience as a Project Accountant in the construction industry
• Working experience with Acumatica and Yardi is an asset
• Outstanding proficiency in Microsoft Excel (SUMIFS/INDEX(Match))
• Self‑directed and takes initiative
• Able to work in a fast‑paced, challenging environment
• Strong verbal and written command of English
• Must be deadline oriented
• Exceptional organization skills

Join us and connect with something bigger, apply today!

This posting represents an active vacancy within our organization.

We are an equal opportunity employer for all qualified individuals.

We are committed to creating a diverse and welcoming workplace that includes partners with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving customers.

Should you be contacted for an interview, please advise if accommodation is required.

Please note that due to the number of applicants only those who will be considered for an interview will be contacted.

Please note that we may utilize AI tools as part of our recruitment process.