Job Description

About Us

Losani Homes, founded in 1976 by Giovanni and Lino Losani and later joined by Fred Losani, has built a legacy of quality craftsmanship and innovative design for over four decades. Known for our distinctive homes nestled in green settings near parks and trails, we've earned over 100 homebuilding awards and have been recognized as one of Canada's Best Managed Companies for eight consecutive years. At Losani Homes, we value our employees and are committed to their well-being and professional growth. We are dedicated to creating lasting communities, and we believe that our success is built on the talent and passion of our team.

Job Title:

Senior Corporate Accountant (Real Estate Development)

Location:

430 McNeilly Rd, Stoney Creek, ON L8E 5E3

Employment Type:

Full-Time, Permanent

Hours of Work:

Monday to Friday, 8:30AM to 5:00PM (40 hours/week)

Benefits & RRSP:

Eligible for Company Paid Benefit Plan & Company RRSP

About the Position

The Senior Corporate Accountant plays a key role in the financial reporting and consolidation process for Losani Homes, a dynamic real estate development organization. This position is responsible for preparing accurate and timely consolidated financial statements for multiple legal entities, joint ventures, and development projects. The ideal candidate will have deep experience in real estate accounting, strong technical knowledge of consolidation and ASPE principles, and the ability to navigate complex ownership structures typical in real estate development.

Position Responsibilities

Prepare monthly, quarterly, and annual consolidated financial statements for the company and its subsidiaries, ensuring compliance with ASPE. Manage the entity consolidation process, including intercompany eliminations, equity accounting for joint ventures, and minority interest calculations. Coordinate and review financial reporting from development entities, partnerships, and joint ventures to ensure accuracy and consistency. Oversee month-end and year-end close processes, including journal entries, accruals, and account reconciliations. Collaborate with multiple teams to understand project performance, cost allocations, and capitalization of development costs. Prepare detailed variance analyses and management reports to explain consolidated results. Support external audit and tax reporting processes by providing necessary schedules, reconciliations, and supporting documentation. Assist with the implementation and enhancement of consolidation and reporting systems. Research and document technical accounting issues related to consolidation, real estate development, and new accounting standards. Ensure compliance with internal controls, corporate policies, and relevant regulatory requirements.

Qualifications

Bachelor's degree in accounting, Finance, or related field (Master's or MBA an asset) CPA Certification strongly preferred. 5-8 years of progressive accounting experience, including at least 3 years in financial reporting or consolidations. Prior experience in the real estate development industry or real estate investment (REIT, property management, construction, or joint ventures) highly desirable. In-depth understanding of ASPE, particularly real estate accounting, consolidation, and revenue recognition (ASC 606). Experience with Microsoft Dynamics. Advanced Excel and financial modeling skills. Strong analytical, organizational, and problem-solving abilities. Excellent attention to detail with a commitment to accuracy and process improvement. Ability to communicate effectively with cross-functional teams and senior management.

Preferred Attributes

Familiarity with construction accounting and development cost tracking. Ability to thrive in a fast-paced, growth-oriented environment with multiple entities and complex ownership structures.

Equal Opportunity Employer

Losani Homes is committed to fostering an inclusive and accessible work environment where all employees and members of the public are treated with respect. We thank all applicants for their interest in joining Losani Homes, however, only those selected for an interview will be contacted.

We are dedicated to a selection process and work environment that is inclusive and barrier-free. Accommodation will be provided in accordance with the Ontario Human Rights Code. Applicants who require accommodation during the interview or selection process are encouraged to contact the Human Resources Department by email at hr-payroll@losanihomes.com. We will work with the applicant and the interview committee to ensure that reasonable and appropriate accommodations are made, allowing all candidates to be fairly and equitably assessed.

Job Types: Full-time, Permanent

Benefits:

Company events Dental care Employee assistance program Extended health care Life insurance On-site parking Paid time off RRSP match Vision care Wellness program
Application question(s):

This is a full-time in office position, are you comfortable working in office Monday to Friday from 8:30am to 5:00pm?
Experience:

Accounting: 5 years (required) Real Estate Development Accouning: 1 year (preferred) Financial Reporting and/or Consolidations: 3 years (preferred)
Licence/Certification:

Chartered Professional Accountant Certification (preferred)
Work Location: In person