Senior Accounting Manager - Development / Construction

Newlands Group; Toronto; On-site; CAD 125,000 - 145,000; Full time

Job summary

An established industry player in construction and real estate development is seeking a detail-oriented Senior Accounting Manager. This role is vital for overseeing accounting functions, ensuring compliance, and managing financial reporting. The ideal candidate will have over 7 years of experience in the construction sector and proficiency in Newstar ERP software. Join a team that values quality and efficiency, and play a key role in shaping the financial landscape of innovative projects across Ontario. If you are ready to take on a leadership position in a dynamic environment, this opportunity is for you.

Qualifications

• 7+ years of accounting experience in construction and development.
• Proficiency in Newstar ERP software is required.
• Strong understanding of job costing and project accounting.

Responsibilities

• Oversee daily operations of the accounting department, including AP, AR, and payroll.
• Manage month-end and year-end close processes for accurate financial reporting.
• Prepare financial statements in accordance with ASPE or IFRS.

Skills

Accounting Experience

Project Accounting

Job Costing

Leadership Skills

Communication Skills

Microsoft Excel

Education

Bachelor's degree in Accounting

CPA designation

Tools

Newstar ERP

Accounting Software

Job description

Job Title: Senior Accounting Manager Construction & Development

Location:North York, Toronto, Ontario
Salary Range:$125,000 - $145,000

Company Overview:
Our client is a leader in the construction and real estate development sector, delivering innovative residential and commercial projects across Ontario. Our commitment to quality, efficiency, and community building has made us a trusted name in the industry.

Position Overview:
We are seeking an experienced and detail-oriented Senior Accounting Manager to oversee and manage the accounting functions within our construction and development operations. The ideal candidate will have 7+ years of progressive accounting experience in the construction and development industry and be proficient with Newstar software. This role reports directly to the Controller or Director of Finance and will play a critical part in ensuring accurate financial reporting, compliance, and project accounting.

Key Responsibilities:

• Oversee the daily operations of the accounting department, including AP, AR, payroll, bank reconciliations, and general ledger maintenance.

• Manage month-end and year-end close processes, ensuring timely and accurate financial reporting.

• Prepare monthly, quarterly, and annual financial statements in accordance with ASPE (or IFRS if applicable).

• Ensure accurate project/job cost tracking and reporting for multiple construction and development projects.

• Utilize Newstar ERP system to manage financial data, job costing, budgets, and forecasting.

• Monitor and maintain internal controls to ensure integrity of financial information and safeguard company assets.

• Lead preparation for annual audits, liaising with external auditors and tax advisors as needed.

• Support budgeting and forecasting activities in collaboration with project managers and senior leadership.

• Review and approve journal entries, account reconciliations, and variance analysis.

• Assist with cash flow management, including monitoring project draws and financing requirements.

• Supervise, mentor, and develop a small team of accounting professionals.

• Stay current with relevant accounting standards, tax regulations, and industry best practices.

Qualifications:

• Bachelors degree in Accounting, Finance, or related field; CPA designation preferred.

• Minimum of 7 years of accounting experience in the construction and development industry.

• Proficiency in Newstar ERP software is required.

• Strong understanding of job costing, project accounting, and construction revenue recognition.

• Solid knowledge of ASPE (or IFRS) and Canadian tax compliance.

• Highly skilled in Microsoft Excel and accounting software tools.

• Strong leadership, organizational, and communication skills.

• Ability to manage multiple priorities in a fast-paced environment.