Project Accountant

Job summary

Manage full-cycle accounting for development companies, including reconciliations, payables and receivables, project costs, and monthly financial reporting. Monitor project cash flow, prepare forecasts and funding draws, support joint venture accounting, and assist with HST returns, audits, and financial analysis.

Job details

Project Accountant $70K- $80K + Benefits Toronto, ON (Fully Onsite) Our client, an established real estate development company, is seeking a Project Accountant to join their Accounting team. The team is looking for someone who is proactive, detail-oriented, and motivated to work in a fast-paced, entrepreneurial environment. Candidates with experience in real estate development and/or property accounting will be strongly preferred. Key Responsibilities Manage full-cycle accounting for an assigned portfolio of development companies, including journal entries, reconciliations, and trial balance reviews. Prepare monthly bank and loan reconciliations, including related interest calculations. Review and process accounts payable and receivable, including invoice coding and vendor management. Monitor project costs, job costing, and cost allocations. Track and reconcile lot discharges, house closings, and letters of credit. Prepare intercompany reconciliations and monthly financial reporting for internal and external stakeholders. Monitor development project cash flow and prepare cash flow forecasts. Prepare funding draws and analyze loan and letter of credit utilization. Assist with joint venture accounting, including cash calls, distributions, and equity reconciliations. Support HST returns, audits, and other financial reporting requirements. Assist with ad hoc accounting projects and financial analysis. Qualifications Minimum 3 years of full-cycle accounting experience within real estate development and/or property accounting. Bachelor's degree in Accounting, Business, or a related field. Understanding of joint ventures, partnerships, and other business arrangements. Experience with cash flow analysis, forecasting, and budgeting. Strong understanding of general ledger accounting, reconciliations, and financial reporting. Experience with development project costing and financing is an asset. Advanced Excel skills and strong proficiency in Microsoft Office. CPA designation completed or nearing completion is considered an asset. Strong analytical and problem-solving skills with excellent attention to detail. Ability to manage multiple projects and deadlines in a fast-paced environment. Excellent communication skills and the ability to work collaboratively across different departments. What's Offered Competitive compensation based on experience and qualifications. Comprehensive benefits package, including health, dental, and vision coverage. Paid time off. On-site parking. Opportunity to gain exposure to a diverse portfolio of land development projects and work closely with senior accounting leadership. We thank all applicants for their interest; however, only those selected for an interview will be contacted.

What you’ll do

Manage full-cycle accounting for development companies, including reconciliations, payables and receivables, project costs, and monthly financial reporting. Monitor project cash flow, prepare forecasts and funding draws, support joint venture accounting, and assist with HST returns, audits, and financial analysis.

Requirements

Candidates need at least three years of full-cycle accounting experience in real estate development or property accounting and a bachelor's degree in accounting, business, or a related field. The role also requires knowledge of general ledger accounting, reconciliations, financial reporting, cash flow analysis, and Excel; CPA progress and development financing experience are assets.

Benefits

• Health Coverage • Dental Coverage • Vision Coverage • Paid Time Off • On-Site Parking

Listed skills

• Financial Reporting · Preferred
• Attention to detail · Preferred
• Accounts receivable · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Full-Cycle Accounting
• General Ledger Accounting
• Journal Entries
• Account Reconciliations
• Accounts Payable
• Accounts Receivable
• Project Costing
• Cash Flow Analysis
• Cash Flow Forecasting
• Financial Reporting
• Joint Venture Accounting
• Loan and Letter of Credit Utilization
• HST Returns
• Advanced Excel
• Analytical and Problem-Solving Skills
• Attention to Detail

Job areas

• Finance & Accounting
• Construction
• Management & Leadership