Senior Project Accountant - Midtown (On-Site)

Toronto Permanent CA$100,000 - CA$115,000 per year View Job Description
The Senior Project Accountant will play a critical role in providing reliable, timely, and efficient support and reporting for pre-development, construction, and closing projects, working closely with cost consultants and both internal and external partners.
  • An opportunity to join a growing real estate developer
  • Ability for internal mobility and career progression

About Our Client

Our client specializes in development, construction, and asset management, producing projects across the GTA.

Job Description

  • Manage the entire accounting cycle for multiple development projects.
  • Perform monthly calculations, reconciliations, and record revenues, management fees, and interest for each project.
  • Ensure timely month-end closing by recording all relevant transactions, including setting up accruals and accurately documenting journal entries.
  • Prepare internal and external partner reports for each project, including supporting GL balances
  • Prepare monthly construction draws and collaborate with cost consultants.
  • Work closely with operations and other teams to process monthly property financials, including invoice coding, purchase orders, project details, and variance analysis as required.
  • Conduct ongoing analysis of project budgets based on pro forma data from joint venture partners.
  • Perform regular reconciliations for bank and trust deposits.
  • Set up project budgets, change orders, and estimates in the accounting system, ensuring proper control and maintenance.
  • Prepare and process cash calls, and record and reconcile project distributions and contributions.
  • Assist in preparing monthly compliance reports for lenders, government agencies, and partners.
  • Ensure adherence to Generally Accepted Accounting Standards (IFRS and ASPE), as well as internal audit, client accounting services, and review standards.

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

The Successful Applicant



  • Bachelor's degree in Accounting or Finance.


  • 3-5 years of accounting experience, ideally within a real estate/construction company.


  • Supervisory experience and familiarity with project management and cost standard analysis are a plus.


  • Strong accounting, analytical, and Microsoft Excel skills; experience with real estate accounting software is a plus.


  • Ability to thrive in a fast-paced environment, multitask, and respond quickly to stakeholders.


  • Proactive, detail-oriented, and capable of working independently with minimal supervision.


  • Excellent communication skills and a professional, personable demeanor.



What's on Offer

Competitive compensation package with discretionary bonus

Working across a collaborative and growing team

Exciting project pipeline

Contact
Jaco Venter
Quote job ref
JN-042025-6721248

Job summary

Sector
Accounting
Sub Sector
Financial Accounting
Industry
Property
Location
Toronto
Job Type:
Permanent
Consultant name
Jaco Venter
Job Reference
JN-042025-6721248