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Project Accountant

1 month ago

Toronto Ontario, Ontario, Canada Hays Specialist Recruitment Full time

Role: Project Accountant

Length: 6 Month Contract (Potential for Permanent)

Location: Toronto, ON/ Hybrid - 2 Days per week in-office

Rate: $40-45/hour


Your new company

Hays Specialist Recruitment has partnered with a leading residential developer in the GTA. We are seeking a Project Accountant to join their team on contract basis, which has the intention of converting to a permanent position after the contract duration. This candidate will be required to work in-office at the Downtown Toronto location.


Your new role

  • Reporting into the Senior Vice President, Accounting and will be responsible for managing the monthly accounting and reporting cycle for residential condominium projects
  • Develop and maintain accurate financial reports for internal and external stakeholders of the projects, on a timely basis;
  • Prepare and review monthly Job Cost reports, monitor current budgets and actual costs and propose budget transfers, when appropriate;
  • Perform monthly bank and HST reconciliations and ensure HST filings are submitted on a timely basis, in accordance with CRA requirements;
  • Ensure that invoices are entered into the system correctly by AP Clerks and that all the relevant supporting schedules are complete and accurate;
  • Liaise with cost consultants and lenders to ensure monthly project monitor reports are completed accurately and that the funding is issued on time;
  • Monitor working capital balances, analyze project cost requirements and prepare funding schedules to be used when issuing capital calls to the partners;
  • Review monthly construction progress billing packages, to ensure these are prepared accurately and that all the required statutory documents are included;
  • Prepare year-end financial reports and schedules and provide all required information to external accountants for preparation of financial statements and tax filings;
  • At the time of project completion, prepare SOA and Final Closing trackers and ensure that all the SOAs are accurate and that all the closing funds received tie to our records;
  • Support internal teams with requested financial analysis on an ad-hoc basis;
  • Perform other accounting duties, as required.


What you'll need to succeed

  • At least 2 years of experience in a similar role; project accounting experience on development projects is considered an asset
  • CPA designation in progress
  • Excellent attention to detail
  • Strong organizational and planning skills
  • Proficient in Microsoft Word, Excel and PowerPoint
  • Strong communication skills with an ability to present information in a clear manner