Senior Project Accountant

Ontario, Canada

Job Description


SENIOR PROJECT ACCOUNTANTA well-established GTA homebuilder that develops low, mid, and high-rise residential real estate is
looking for a Senior Project Accountant to join a dynamic team environment. The company has been
experiencing a high level of growth and seeking an individual with a drive to achieve excellence
within. This is a great opportunity for someone who wants to work under a VP of Finance who is focused
on employee development and would be a great mentor for the right person.
Reporting to the Controller and VP of Finance, the Senior Project Accountant will play a key role to provide
reliable, timely, and efficient support and reporting for pre-development, construction, and closing
projects for cost consultants, and internal and external partners. The position entails the preparation of monthly
and annual financial statements and providing meaningful analysis of said statements. You will assist in
the budgeting and forecasting process and maintain the full accounting cycle for development projects.RESPONSIBILITIES:

  • Oversee the full accounting cycle for multiple development projects.
  • Perform monthly calculations, reconciliations, and recording of revenues, management fees, and
interest for each project.
  • Perform timely month-end close and ensure recording of all pertinent transactions including
setting up monthly accruals and properly documenting journal entries.
  • Prepare monthly construction draws and coordinate with cost consultants.
  • Coordinate with the operations and other teams to process monthly property financials (i.e.
invoice coding, purchase orders, project details, and variance analysis) as needed.
  • Maintain ongoing analysis of project budgets on a pro forma basis from joint venture partners.
  • Perform regular bank and trust deposit reconciliations.
  • Set up project budgets, change orders, and estimate in the accounting system, as well as
implement control and maintenance activities.
  • Prepare and process cash calls, and record and reconcile project distributions/ contributions.
  • Assist in cash flow reconciliations and analysis.
  • Prepare internal and external partner reporting for each project including support for GL
balances.
  • Assist in monthly compliance reporting to lenders, government, and partners.
  • Identify and implement process re-engineering opportunities.
  • Ensure compliance with Generally Accepted Accounting Standards (IFRS and ASPE), internal
audit and client accounting services, and internal review standards.QUALIFICATIONS:
  • Bachelorxe2x80x99s degree in Accounting (preferred) or Finance required; CPA a plus.
  • 3-5 years of accounting experience, within a real estate company experience preferred.
  • Supervisory experience a plus
  • Advanced accounting and analytical skills
  • Experience working with project management, as well as on the development and analysis of cost
standards.
  • Ability to multi-task, adapt to and operate in a fast-paced, changing environment
  • Excellent verbal and written communication skills
  • Must be proactive and take initiative
  • Must operate with a sense of urgency, quickly responding to Stakeholders
  • Must be able to maintain confidentiality, utilize judgment, and work with minimal supervision.
  • Must have a professional yet personable demeanor
  • Must be able to work well independently with an ability to work collaboratively with others
  • Must demonstrate leadership, responsiveness, and accountability
  • Must be detail oriented with strong analytical skills
  • Strong working knowledge of Microsoft Excel and other spreadsheet applications required;
experience with real estate accounting software a plus (JDE, NEWSTAR, YARDI).
  • System conversion experience a plus.

SSA Group

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Job Detail

  • Job Id
    JD2357267
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Ontario, Canada
  • Education
    Not mentioned