Development Accountant- North York, Ontario (Hybrid/ 3 days per week in office) $75,000 – $95,000 base plus bonus, 3 weeks’ vacation, and excellent benefits

Development Accountant

North York, Ontario – hybrid 3 days per week in-office

$75,000 – $95,000 base plus bonus, 3 weeks’ vacation, and excellent benefits


Our client is a well-established real estate organization looking to hire a development accountant in this new position for the department. This is an excellent role for an accountant who has worked in development or construction and would like to work for a lovely positive company that really values its employees and has next to no turnover. This Development Accountant will form part of the company’s accounting and finance group, reporting directly to the Controller while working alongside a manager of accounting and other team members. The role is a key member of the accounting team and will be the finance lead on multiple significant low-rise land developments.



  • Preparing, maintaining, and evaluating accounts for portfolio projects from inception to completion and from a costing and revenue perspective
  • Preparing and submitting construction draws to the banks
  • Preparing/reviewing, reconciling, and filing GST/HST return on a monthly basis
  • Preparing/reviewing monthly bank reconciliations
  • Reviewing, reconciling, and recording purchaser’s deposits
  • Issuing cheques for GST/HST, deposit release, VTB payments
  • Working closely with Construction and Land Development team throughout the life cycle of the projects
  • Approving, reconciling, and posting statements of adjustments for residential unit sales
  • Ensuring compliance with company’s policies, processes, and risk management practices
  • Oversee all transactions related to general ledger, accounts payable/receivable
  • Cash management and forecasting
  • Liaise with internal/external stakeholders from various disciplines such as Development and Planning, Sales and Marketing, Construction, Engineering, Legal, Finance, Property Management, etc. to understand budgets including costs to-date and costs to-complete.
  • Provide support in the creation and implementation of standard processes and procedures as they relate to monitoring and reporting for internal and external reporting
  • Ensure all Leasing income, Sales revenue, Operating expenses, and Construction costs are accurately and adequately reflected in the general ledger for use in reports
  • Prepare, and where necessary create, accounting reports based on data in the general ledger for use by other team members in Development, Construction and Finance as well as for Senior Management
  • Monitor financial performance of Projects in Development and advise of variances and their impact to budget
  • Become familiar with project financing arrangements for existing Projects in Development and assist in the preparation of ongoing reporting to lenders



  • Degree or diploma
  • Experience working in development or construction accounting
  • Knowledge of accounting and finance principles and practices, and the analysis and reporting of financial-related reports
  • Knowledge of accounting principles as applied to real estate development, project financing and asset management
  • Proficiency in MS Office, including Word, Excel and Outlook
  • Ability to communicate effectively, both verbally and in writing


If you are interested in learning more about this opportunity, please apply now. Send your resume to Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.