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Project Accountant

Winchesters

TorontoFull-timeMid LevelOn-site

Job Description

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.

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