Job Title: Senior Accounting Manager

Location: North York, ON

Industry: Real Estate Development

Salary Range: $125,000 - $140,000

About the Role:
We are representing a leading real estate development company in North York seeking a highly skilled Senior Accounting Manager to oversee accounting operations across their residential development portfolio, including high-rise and low-rise projects. This role will report directly to the Director of Accounting and play a key role in financial reporting, project cost management, and compliance.

Key Responsibilities:

• Oversee and maintain the general ledger for residential development projects, ensuring accurate financial records and preparing financial statements.

• Generate and analyze quarterly financial reports and monthly project reports for lenders and stakeholders.

• Implement and manage the construction accounting system, including setting up projects, budgets, cost codes, contracts, change orders, and financial tracking.

• Perform and oversee bank reconciliations, control account reconciliations, and intercompany transactions.

• Ensure accurate and timely HST filings and remittances for multiple projects.

• Manage financial processes related to acquisitions, sales closings, and cash flow analysis throughout the lifecycle of each development.

• Verify Statement of Adjustments (SOAs) for accuracy at the time of closing and reconcile with sales records.

• Oversee accounts payable (A/P) processes, ensuring timely invoice processing, retention, and release of holdbacks in compliance with agreements.

• Manage and support A/P staff, ensuring accuracy in data entry and adherence to financial controls.

• Coordinate with financial institutions regarding bank loans and BA renewals.

• Support external audits and ensure compliance with financial regulations and company policies.

• Contribute to special projects and process improvements as needed.

Qualifications & Skills:

• 8+ years of accounting experience in real estate development or construction accounting.

• Strong knowledge of construction cost accounting and financial procedures.

• Professional accounting designation (CPA) preferred.

• Proficiency in MS Excel and Word; experience with Newstar (Constellation) and Yardi is an asset.

• Experience with year-end working paper preparation and Caseware is preferred.

• Previous experience leading and managing a team.

• Strong analytical skills and attention to detail.

• Excellent communication skills and ability to work in a fast-paced environment.

• Ability to multitask and manage competing priorities effectively.

• Uphold company values of integrity, professionalism, and collaboration.

How to Apply:
If you are a motivated accounting professional with a background in real estate development, we want to hear from you! Please submit your resume and a brief cover letter outlining your relevant experience.