Senior Project Accountant Toronto, ON – Onsite  $80,000 – $90,000 Base Plus Bonus, Great Benefits & LTIP

Senior Project Accountant 
Toronto, ON – Onsite 
$80,000 – $90,000 Base Plus Bonus, Great Benefits & LTIP

A well-established GTA developer that develops residential real estate is looking for a Senior Project Accountant to join a dynamic team environment. The company has been experiencing a high level of growth and seeking for an individual with a drive to achieve excellence within. This is a great opportunity for someone who wants to work under a great CFO who is focused on employee development and would be a great mentor for the right person.

Reporting to the VP Finance, the Senior Project Accountant will play a key role to provide reliable, timely, and efficient support and reporting for pre-development, construction, and closing projects for cost consultants, internal and external partners. The position entails preparation of monthly and annual financial statements and providing meaningful analysis on said statements. You will assist in the budgeting and forecasting process and maintain full accounting cycle for development projects.

Responsibilities:

  • Oversee the full accounting cycle for multiple development projects.
  • Perform monthly calculations, reconciliations and recording of revenues, management fees, and interest for each project.
  • Perform timely month-end close and ensure recording all pertinent transactions including setting up monthly accruals and properly document journal entries.
  • Prepare monthly construction draws and co-ordinate with cost consultants.
  • Coordinate with the operations and other teams to process monthly property financials (i.e. invoice coding, purchase orders, project details and variance analysis) as needed.
  • Maintain ongoing analysis of project budgets on a pro forma basis from joint venture partners.
  • Perform regular bank and trust deposit reconciliations.
  • Set up project budgets, change orders and estimate in the accounting system, as well as implement control and maintenance activities.
  • Prepare and process cash calls, record and reconcile project distributions/ contributions.
  • Assist in cash flow reconciliations and analysis.
  • Prepare internal and external partner reporting for each project including support for GL balances.
  • Assist in monthly compliance reporting to lenders, government, and partners.
  • Identify and implement process re-engineering opportunities.
  • Ensure compliance with Generally Accepted Accounting Standards (IFRS and ASPE), internal audit and client accounting services and internal review standards.

 

Qualifications:

  • Bachelor’s degree in Accounting (preferred) or Finance required; CPA a plus
  • 3-5 years of accounting experience
  • Preference for individuals who have worked at an audit firm
  • Advanced accounting and analytical skills
  • Excellent verbal and written communication skills

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