Senior Project Accountant - Construction - Toronto

Newlands Group; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading construction company in Toronto is seeking a Senior Project Accountant to manage financial performance for multiple large-scale projects. The ideal candidate has over 5 years of experience in construction accounting, strong knowledge of Jonas Construction Software, and exceptional analytical skills. This role involves partnering with project managers and assisting in month-end processes. A competitive salary and opportunities for professional development are offered.

Qualifications

• 5+ years of progressive accounting experience within the construction industry.
• Strong proficiency with Jonas Construction Software required.
• Solid understanding of project-based accounting and job costing.

Responsibilities

• Manage financial aspects of multiple construction projects.
• Prepare and review monthly project financial reports.
• Mentor junior accounting staff and guide project accounting best practices.

Skills

Construction accounting

Cost tracking

Forecasting

Job costing

Microsoft Excel

Interpersonal skills

Education

CPA designation

Tools

Jonas Construction Software

Job description

Job Title: Senior Project Accountant
Location:Toronto, Ontario
Industry: Construction

About the Company

Our client is a leading construction company recognized for delivering high-quality projects across Ontario. With a commitment to excellence, collaboration, and innovation, they are seeking a skilled Senior Project Accountant to play a key role in managing the financial performance of large-scale construction projects.

Position Overview

The Senior Project Accountant will oversee project-level financials, ensuring accurate cost tracking, forecasting, and reporting. This role will act as the primary financial partner to project managers, providing insights to support decision-making, profitability, and operational efficiency. The ideal candidate will have extensive experience in construction accounting and strong knowledge of Jonas Construction Software.

Key Responsibilities

• Manage the financial aspects of multiple construction projects, including cost tracking, forecasting, and budget-to-actual analysis

• Partner with project managers to monitor project profitability, timelines, and risk management

• Prepare and review monthly project financial reports, work-in-progress (WIP) schedules, and variance analyses

• Ensure compliance with contractual terms, change orders, and billing requirements

• Process progress billings, lien waivers, and subcontractor payments in alignment with project agreements

• Review, analyze, and reconcile job cost reports, ensuring accuracy and completeness

• Assist in month-end and year-end close processes, including accruals and reconciliations

• Mentor junior accounting staff and provide guidance on project accounting best practices

• Support process improvements and contribute to system optimization initiatives

Qualifications

• 5+ years of progressive accounting experience within the construction industry

• Strong proficiency with Jonas Construction Software (required)

• Solid understanding of project-based accounting, job costing, and revenue recognition

• Proficiency in Microsoft Excel and other MS Office applications

• Excellent analytical skills with a keen eye for detail

• Strong interpersonal and communication skills, with the ability to work cross-functionally with operations and finance teams

• CPA designation (or in progress) considered an asset