Senior Accountant

The Senior Accountant at Three Wood Investments plays a critical role in supporting the financial operations, reporting, and accounting oversight of the company's real estate development activities and related operating entities. This hands-on position is responsible for full-cycle accounting, payroll administration, development cost tracking, financial reporting, budgeting support, and maintaining the accuracy and integrity of financial information across multiple legal entities.

The Senior Accountant is a senior technical contributor who ensures accurate accounting treatment for land development, construction, and capital projects while supporting month-end close, compliance, financial analysis, and continuous improvement initiatives. This role is well suited for an experienced accounting professional who thrives in a dynamic, growing environment and enjoys balancing strategic financial responsibilities with day-to-day accounting operations.

Key Responsibilities

Financial Accounting & Reporting

• Perform full-cycle accounting responsibilities across multiple development and operating entities, including general ledger maintenance, accounts payable, accounts receivable, bank reconciliations, and month-end close activities.
• Prepare and post journal entries, accruals, and adjustments with appropriate supporting documentation.
• Complete monthly balance sheet reconciliations and investigate discrepancies or variances.
• Assist in the preparation of monthly, quarterly, and annual financial statements in accordance with ASPE.
• Support consolidated financial reporting across multiple legal entities.
• Assist with cash management, intercompany reconciliations, treasury activities, and cash flow monitoring.
• Maintain fixed asset registers, depreciation schedules, and supporting accounting documentation.

Real Estate Development & Project Accounting

• Maintain detailed accounting records for land development, construction, and capital projects.
• Track and reconcile development costs by project, phase, and cost category.
• Support the capitalization of development and construction costs in accordance with accounting standards and company policy.
• Assist in maintaining development proformas, project budgets, and cost-to-complete analyses.
• Monitor project spending against approved budgets and identify cost variances or financial risks.
• Support accounting for project financing, including construction loans, interest capitalization, lender draws, and lender reporting.
• Maintain capital expenditure reporting related to development activities.

Payroll Administration

• Process weekly payroll through QuickBooks, ensuring accuracy and timeliness.
• Prepare payroll journal entries and reconcile payroll accounts.
• Administer payroll remittances, including source deductions, WSIB, EHT, and other statutory requirements.
• Support year-end payroll activities, including T4 preparation, and collaborate with People & Culture on employee payroll changes.

Budgeting, Forecasting & Financial Analysis

• Support the annual budgeting process and periodic forecasting for development projects and operating entities.
• Prepare variance analyses comparing actual results to budgets and forecasts.
• Assist with cash flow forecasting related to development activities and operating requirements.
• Prepare financial analyses and reporting to support operational decision-making and business planning.
• Assist leadership with ad hoc financial analysis and reporting requests.

Compliance, Audit & Regulatory Support

• Prepare and support statutory filings, including HST, payroll remittances, WSIB, EHT, and other regulatory requirements.
• Assist with year-end audit preparation, including working papers, reconciliations, schedules, and auditor requests.
• Ensure compliance with accounting policies, internal controls, and applicable legislation.
• Support coordination with external accountants, auditors, financial institutions, lenders, and tax advisors.

Systems, Processes & Continuous Improvement

• Utilize accounting systems, including QuickBooks and other financial software, to ensure accurate and timely financial reporting.
• Identify opportunities to improve accounting processes, reporting efficiency, and internal controls.
• Assist with system implementations, upgrades, and reporting enhancements.
• Develop, document, and maintain standardized accounting procedures and best practices.
• Support continuous improvement initiatives across the finance function.

Collaboration & Business Support

• Partner closely with the Senior Finance Manager, development teams, operations, and external consultants.
• Provide timely, accurate financial information to finance and non-finance stakeholders.
• Support departments with financial information, reporting requests, and account-related inquiries.
• Contribute to a culture of accountability, collaboration, professionalism, and continuous improvement.
• Perform other accounting and finance-related duties as assigned.

Required Qualifications & Experience

• Bachelor's degree in Accounting, Finance, or a related discipline.
• CPA designation completed or actively pursuing is preferred. Equivalent combinations of education and progressive accounting experience will also be considered.
• Minimum 5 years of progressive accounting experience in a full-cycle accounting environment.
• Strong understanding of financial reporting and ASPE.
• Experience working in a multi-entity or privately held business environment is preferred.
• Experience in real estate development, construction, or project accounting is considered a strong asset.
• Experience processing payroll using QuickBooks or a comparable payroll system.
• Strong knowledge of HST, payroll remittances, WSIB, EHT, and other statutory reporting requirements.
• Advanced Microsoft Excel skills, including reconciliations, financial analysis, and reporting.
• Experience supporting external audits and working with professional advisors.
• Excellent organizational skills with the ability to manage multiple priorities and meet deadlines.
• Strong analytical and problem-solving abilities.
• Excellent communication skills with the ability to collaborate effectively across all levels of the organization.