Sr Project Accountant HYBRID

Join a leading residential developer in Toronto Ontario as their next Senior Project Accountant. In this role you will play a pivotal part in managing the financial aspects of 2 to 3 highrise residential development projects. You will have the flexibility to WFH 2 days per week while working closely with the accounting & development team providing critical financial insights to support the successful execution of projects.

They are one of the fastestgrowing developers in the city and are on a mission with meticulous design and forward thinking to redefine real estate in Toronto.

Key Responsibilities:

• Financial Management:
  

• Prepare and review journal entries accruals and reconciliations for monthend and yearend closing.
  

• Ensure accurate and timely monthly quarterly and annual financial reporting.
  

• Manage the preparation of standalone and consolidated financial statements for various stakeholders.
  

• Project Accounting:
  

• Monitor full cycle accounting of project budgets and report on variances to ensure financial goals are met.
  

• Review and approve projectrelated invoices and ensure proper coding and allocation.
  

• Assist in the preparation of project cash flow forecasts and update monthly based on changes in estimates and schedules.
  

• Prepare monthly HST remittances
  

• Manage equity and debt draws for projects consistent with their legal structuring in coordination with cost consultants and construction lenders
  

• Manage monthly progress draws for equity partners and lenders ensuring accurate reporting of project status costs incurred and costs to complete.
  

• Assist in the preparation of insurance applications for new development projects.
  

• Audit and Compliance:
  

• Prepare working papers for annual financial statement reviews and audits.
  

• Support the audit process and ensure compliance with relevant accounting standards and regulations.
  

• Implement and maintain internal controls to safeguard company assets.
  

• Mentor and guide junior accounting staff fostering their professional growth.
  

• Collaborate with crossfunctional teams to ensure seamless project execution.
  

• Liaise with external auditors tax advisors and regulatory bodies as needed.
  

Requirements

• Minimum of 5 years of experience in project accounting with a residential developer.
  

• Proficiency in accounting software such as Procore Newstar and/or Yardi.
  

• Advanced Microsoft Excel skills including using pivot tables Vlookups and A.I.
  

• Excellent communication and interpersonal skills with the ability to present complex financial information clearly.
  

• Strong analytical and problemsolving skills.
  

• Must have experience working on largescale projects simultaneously
  

• Ability to manage multiple projects and meet deadlines in a fastpaced environment.
  

• Familiar with AI and how it improves efficiency in accounting is an asset.
  

• Knowledge of construction accounting and job costing.
  

Benefits

Why Join Us:

• Be part of a leading residential developer in Toronto working on highimpact projects.
  

• The ability to work from home 2 days a week
  

• To be a part of a winning team that is passionate about results and flexibility
  

• Forward thinking innovator that leverages technology to make your job more efficient.
  

• A commitment to diversity equity and inclusion.
  

Application Process: Interested candidates are invited to submit their resume for a confidential career chat with one of our Sr Recruitment Consultants.

We thank all that apply but will only be contacting the most qualified candidates for the positions.