Senior Project Accountant CPA

2 weeks ago


Canada, CA Torstaff Personnel Full time

Purpose of the Role

The Senior Project Accountant is responsible for all project accounting and reporting including project profitability, financial working papers, project cash flow statements for a portfolio of projects in various stages of development. The role requires interacting and communicating with both internal departments as well as external partners. The Senior Project Accountant must be well organized, proactive and have excellent communication skills.

Key Responsibilities

Preparation of Bi-Monthly Project Cash Flow Projections

  • Oversee information flow from bookkeepers, construction, management, and various departments
  • Review information received for accuracy, integrity, and appropriateness
  • Analyze legal agreements to ensure project requirements are accurately reflected in projections
  • Prepare cash flow projections for each projects’ timeline which includes budget assumptions, financing projections of interest rates, sales reconciliation, etc.
  • Actively participate in status review meetings with project management, development, and sales and marketing, by addressing issues and concerns on the cash flow model
  • Prepare bi-monthly status report for each project including profitability statement, assumptions, timelines, and supporting schedules, and variance explanations
  • Schedules prepared are complete, reviewed for accuracy, integrity, and appropriateness
  • Significant variances are isolated and investigated through follow-up, deemed appropriate, and explanations ae complete

Preparation of Year-End Project Financial Working Papers

· Oversee information flow from bookkeepers, corporate accounting, and management

· Review information received for accuracy, integrity, and appropriateness

· Prepare financial working papers for Corporate Accounting department including all supporting schedules

· Schedules prepared are complete, reviewed for accuracy, integrity, and commented on appropriately, and timely distributed

· Significant variances are isolated and investigated through follow-up and explanations provided are complete



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