Project Accountant Real Estate Development

Location: Vaughan, ON
Employment Type: Full-time, In-Office

We are representing a well-established firm seeking a Project Accountant to oversee financial operations within a portfolio of development projects. This position requires a strong background in property development, financial reporting, and cost management.

Key Responsibilities:

• Verify and approve payments, journal entries, invoices, remittances, and lot sale transactions.
• Collaborate with Financial Analysts to review proforma budgets, cash flow forecasts, and budget variance reports.
• Generate draw requests for financing and prepare monthly bank reporting packages.
• Maintain and update financial tracking schedules for reporting and analysis.
• Oversee financial reporting and analysis for various real estate projects.
• Analyze legal agreements related to joint ventures and fee structures to assess financial impact.
• Prepare year-end working papers, financial statements, and stub-period reports for select projects.
• Ensure compliance with company policies and industry regulations.
• Identify opportunities for process improvement and assist in documenting accounting procedures.
• Monitor project financials, recommending financing options, fund allocations, and distributions.
• Review monthly trial balances and costing reports to ensure accuracy and compliance.
• Perform other duties as assigned.

Key Qualifications:

• Excellent communication and interpersonal skills.
• Strong understanding of financial systems, accounting processes, and technology.
• Advanced Excel skills (pivot tables, lookups, and advanced formulas).
• Capable of managing workload fluctuations and occasional overtime.
• Strong attention to detail and organizational abilities.
• High level of integrity and confidentiality.
• Ability to work collaboratively in a team environment.

Education & Experience:

• Experience in corporate and cost accounting, financial management, and reporting under ASPE.
• Degree or diploma in Accounting, Finance, or related field.
• Must have prior experience in the land development or real estate industry.
• CPA designation (CA, CPA, CGA, CMA) is preferred