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TITLE
Project Accountant, Real Estate Development & Construction

SALARY RANGE
$80,000 – $95,000

CASH BONUS
Discretionary

THE PERKS

Standard health benefits
Lifestyle Spending Account (up to $100/month)
Professional development support (up to $2,500/year)
CPA dues support
3 weeks of vacation

LOCATION
Toronto, ON

THE OFFICE
In-Office (4 days a week, 1 day remote)

TEAM SIZE
Under 5 people

THE ROLE
A key contributor responsible for end-to-end project accounting across an active portfolio of development and construction projects.

Project Accounting & Financial Oversight (35%)
Billing, Draws & Cash Flow (25%)
Financial Reporting & Compliance (25%)
Accounts Payable Oversight (15%)

THE TASKS
Project Accounting & Financial Oversight

Maintain and reconcile project job cost records, general ledger accounts, and project subledgers
Review budgets, forecasts, and cost-to-complete; monitor and explain variances
Ensure accurate financial reporting throughout the project lifecycle, including project close-out
Partner closely with project managers and construction leads, integrating into the day-to-day to support sound financial decision-making

Billing, Draws & Cash Flow

Prepare and review lender draws, cash calls, and partner funding requests
Liaise directly with external cost consultants on monthly draw processes
Maintain continuity schedules for loans, interest, and amortization, and record project capital activity

Financial Reporting & Compliance

Record journal entries and complete monthly reconciliations
Support monthly, quarterly, and year-end reporting requirements including financial statements
Coordinate government remittances and reporting (HST, CRA support as needed), and liaise with auditors, lenders, and joint venture partners

Accounts Payable Oversight

Provide oversight and technical guidance on the construction accounts payable process performed by the AP team
Review contracts, purchase orders, invoice coding, and cost allocations for accuracy, validating costs against approved budgets, contracts, and project status

THE COMPANY
An established real estate development firm with an active portfolio spanning development, construction, and property management. With multiple projects in development and a growing construction pipeline, the firm is in a meaningful phase of expansion and is actively building out its in-house accounting capabilities.

THE OPPORTUNITY
Step into a role with real ownership and visibility — supporting the build-out of an in-house construction accounting practice on the ground floor of multiple active and upcoming projects. Ideal for an experienced project accountant who wants to help shape processes, work closely with a tight-knit accounting team, and grow alongside a portfolio that is expanding into active construction.

THE EXPECTATIONS TIMELINE
By Month 1

Take ownership of project accounting for assigned development and construction projects
Document and understand existing accounting processes across the portfolio

Build relationships with the accounting team, project managers, and external partners
Get comfortable with the project accounting system (Yardi) configuration and reporting structure

By Month 3

Lead month-end close for assigned projects independently
Take full ownership of project job cost records, reconciliations, and journal entries
Run lender draw processes and coordinate directly with external cost consultants
Begin partnering with the AP function to ensure invoice coding and cost allocation accuracy

By Month 6

Own all project accounting and financial oversight for an assigned project portfolio
Drive process improvements as the firm scales its construction accounting practice
Contribute to budget, forecast, and cost-to-complete review cycles
Support audit, year-end reporting, and financial statement preparation

By Month 12

Recognized as the go-to project accounting resource as new projects come online
Lead onboarding of additional projects into the accounting system
Establish efficient information flow between project teams and finance
Position for advancement as the portfolio scales (CPA designation a nice-to-have for longer-term growth)

THE SKILL SET

A minimum of 2 years of active construction project accounting experience (high-rise preferred)
Strong intermediate to advanced Excel skills
Hands-on experience with a project or construction accounting system (Yardi preferred)
Excellent verbal and written communication skills

ONLY QUALIFIED CANDIDATES WILL BE CONTACTED. WANT TO SEE MORE JOBS OR GET MORE DETAILS?

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