Project Accountant
$95k – $105k all in plus benefits
Mid-Toronto (in office)
Our client, a respected real estate developer, is looking for a Project Accountant to join their team. You will be responsible for managing the full cycle of accounting for a mix of high- and low-rise developments in a dynamic environment with a very competitive salary.
Key Responsibilities
- Monitor the financial position of the projects – recommend financing alternatives, calls for funds, and distributions as appropriate;
- Verify and approve payments, journal entries, invoices, remittances and lot sale transactions;
- Review monthly trial balances and costing reports;
- Update various tracking schedules needed for reporting and analysis;
- Partner with Financial Analysts to review proforma budgets, cashflow forecasts and budget variance analyses;
- Generate draw requests for financing and prepare monthly bank reporting packages;
- Review legal agreements that govern joint venture partnerships and fee structure and interpret financial statement impact;
- Prepare year end working papers, financial statements and stub period reporting for select projects;
- Drive continuous improvement and assist with the documentation of the company accounting processes
- Ensure and enforce compliance to all company and legislated Safety policies and procedures;
- Other duties/projects as assigned from time to time.
Requirements
- Ideally 2-3 years experience in project accounting
- Advanced level computer skills, particularly Excel (i.e. pivot tables, lookups and advanced formulas);
- Excellent verbal and written communication skills;
- University degree or college diploma in accounting / financial management required;
- Development industry experience preferred.
If you are interested in learning more about this opportunity, please email [email protected]. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.