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Senior Project Accountant - Residential Development

Newlands Group - 8 Jobs
Toronto, ON
Posted today
Job Details:
Full-time
Executive

Job Title: Senior Project Accountant
Location: Toronto, ON (On-site, Full-Time)
Industry: Residential Real Estate Development

About the Company:
Our client is a well-established and growing residential real estate developer specializing in high-rise and mid-rise developments across the Greater Toronto Area. With a strong pipeline of upcoming projects, the organization is seeking a talented and detail-oriented Senior Project Accountant to join their in-office finance team in downtown Toronto.

Position Summary:
The Senior Project Accountant will play a key role in managing full-cycle project accounting across multiple active developments. This individual will be responsible for financial reporting, cost tracking, budget monitoring, and supporting the broader finance team and project managers with timely and accurate financial data. The ideal candidate is proactive, analytical, and thrives in a fast-paced, collaborative environment.

Key Responsibilities:

  • Manage full-cycle project accounting for multiple residential development projects

  • Track and report on construction and soft costs, ensuring alignment with budgets and forecasts

  • Prepare monthly and quarterly financial reports for internal stakeholders and external partners

  • Liaise with project managers, site staff, consultants, and vendors to ensure timely processing of invoices, change orders, and payments

  • Monitor project cash flow and support draw submissions to lenders

  • Reconcile general ledger accounts and prepare journal entries as needed

  • Assist with year-end audit preparation and documentation

  • Maintain organized records for each project and ensure compliance with accounting policies and procedures

Qualifications:

  • 3-5 years of progressive experience in project accounting, ideally within residential or commercial real estate development or construction

  • Strong understanding of full-cycle accounting and project cost control

  • Post-secondary education in Accounting, Finance, or a related field; CPA designation (or in progress) is considered an asset

  • Proficiency in accounting software (e.g., Yardi, Newstar, Jonas, or similar) and MS Excel

  • Excellent communication skills with the ability to collaborate cross-functionally

  • Highly organized, detail-oriented, and capable of managing multiple priorities in a deadline-driven environment

  • Must be comfortable working full-time in a professional, in-office setting in Toronto

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