Project Accountant

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Title $80,000 – $95,000

Cash Bonus Discretionary,

Perks

Lifestyle Spending Account (up to $100/month)

Professional development support (up to $2,500/year)

3 weeks of vacation

Location Toronto, ON

Office Permanently In-Office

Team Size Under 10 people

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

Billing, Draws & Cash Flow (25%)

Financial Reporting & Compliance (25%)

Accounts Payable Oversight (15%)

Tasks

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

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

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

Company An established Canadian real estate organization 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.

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.

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)

Skill Set

A minimum of 2 years of active construction project accounting experience (high-rise preferred)

Strong intermediate to advanced Excel skills (VLOOKUP, XLOOKUP, IF/AND statements, sorting, formatting)

Hands-on experience with a project or construction accounting system (Yardi preferred)

ONLY QUALIFIED CANDIDATES WILL BE CONTACTED.

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