Job Description

The Supervisor, Construction Accounting, is responsible for the accounting functions within the real estate development and construction portfolio.

• Maintain the general ledger and annual working paper files for the Construction portfolio by posting year-end journal entries and preparing financial statements
• Prepare cost analyses by interpreting projects\' financial data and information and report any financial risks and budgetary discrepancies to management for review
• Generate quarterly financial reports and monthly project reports required by lenders
• Develop, implement, and maintain construction management system, including setting up projects (jobs), budgets, job costs, cost codes, contracts, change orders, purchase orders, and various construction progress reports
• Perform monthly bank reconciliation and reconciliation of control accounts (accounts receivable and accounts payables) to subsidiary ledgers, intercompany balances, schedules of balance sheet accounts
• Perform monthly HST reconciliations, file HST returns, and ensure remittances for each project on a prompt basis
• Perform accounting duties throughout the project, such as posting acquisitions and sales closings entries for high-rise and low-rise projects, analyzing all transactions and working unforeseen costs into the budget, and estimating cash flow
• Generate intercompany charge-back billings and reconciliations
• Oversee accounts payable process, review purchase orders and accounts payable listing, prepare accounts payable journals, and process invoices if needed
• Oversee staff in department
• Oversee bank loans/BA renewals

MPI does not discriminate on the basis of race, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, or based on an individual\'s status in any group or class otherwise protected under applicable human rights legislation. MPI encourages applications from minorities, women, the disabled and all other qualified applicants

A company that values career growth and ongoing professional development|A leading real estate developer with commercial & residential properties

• University education in Business Administration/Accounting/Finance
• 5-8 years\' real estate construction/job cost accounting experience, or an equivalent combination of education and experience
• CPA or on track to obtaining designation is considered an asset
• Excellent knowledge of construction cost accounting and related financial procedures
• Proficient in Newstar, and advanced working knowledge of MS Excel and Word is required
• Experience and knowledge of all aspects of year-end working papers preparation and Caseware is preferred

Our client is a reputable Toronto-based real estate development company.

Competitive base salary

A managerial position with the opportunity to grow a team

Convenient location with on-site parking

Michael Page